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LEASES (Tables) | 9 Months Ended
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Feb. 28, 2025
Leases |
SCHEDULE OF OPERATING LEASES | The following table presents information on our operating leases for the three months and nine months ended February 28, 2025 and February 29, 2024: SCHEDULE OF OPERATING LEASES
|  | February 28, 2025 |  |  | February 29, 2024 |  |  | February 28, 2025 |  |  | February 29, 2024 |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | February 28, 2025 |  |  | February 29, 2024 |  |  | February 28, 2025 |  |  | February 29, 2024 |
Operating lease cost |  | $ | 88,000 |  |  | $ | 88,000 |  |  | $ | 265,000 |  |  | $ | 265,000 |
Variable lease cost |  |  | 3,000 |  |  |  | 3,000 |  |  |  | 8,000 |  |  |  | 8,000 |
Short-term lease cost |  |  | 3,000 |  |  |  | 8,000 |  |  |  | 7,000 |  |  |  | 10,000 |
Total lease cost |  | $ | 94,000 |  |  | $ | 99,000 |  |  | $ | 280,000 |  |  | $ | 283,000 |
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS | The approximate maturity of lease liabilities as of February 28, 2025 are as follows: SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS
Year Ending May 31: |  |  |  |
|  |  | Operating Leases |
2026 (excluding the nine months ended February 28, 2025) |  | $ | 374,000 |
2027 |  |  | 195,000 |
Total minimum future lease payments |  |  | 569,000 |
Less: imputed interest |  |  | 26,000 |
Total operating lease liabilities |  | $ | 543,000 |
SCHEDULE OF OTHER SUPPLEMENTAL LEASE INFORMATION | The following table summarizes the Company’s other supplemental lease information for the nine months ended February 28, 2025 and February 29, 2024: SCHEDULE OF OTHER SUPPLEMENTAL LEASE INFORMATION
|  | February 28, 2025 |  |  | February 29, 2024 |
|  | Nine Months Ended |
|  | February 28, 2025 |  |  | February 29, 2024 |
Cash paid for operating lease liabilities |  | $ | 274,000 |  |  | $ | 267,000 |
Weighted-average remaining lease term (years) |  |  | 1.06 |  |  |  | 2.77 |
Weighted-average discount rate |  |  | 6.50 | % |  |  | 6.50 | %

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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