Note 6 - Leases (Tables)

12 Months Ended

May 31, 2024

Notes Tables

Schedule of Financing Lease [Table Text Block]

	2024			2023
Non-cancelable financing leases	$	23,143		$	60,485
Less: Current portion of financing leases		(19,171	)		(31,981	)
Non-cancelable financing leases, net of current portion	$	3,972		$	28,504

	2024			2023
Production equipment under financing leases	$	176,565		$	176,565
Less: Accumulated amortization		(119,759	)		(95,447	)
Production equipment under financing leases, net	$	56,806		$	81,118

Schedule of Operating Lease [Table Text Block]

	2024			2023
Liability under operating leases	$	5,453,234		$	5,360,034
Less: Current portion		(286,221	)		(240,346	)
Long-term portion of liability under operating leases	$	5,167,013		$	5,119,688

Lease, Cost [Table Text Block]

	2024			2023
Lease Expense
Financing lease expense -
Amortization of right-of-use assets	$	24,312		$	197,626
Interest on lease liabilities		1,719			24,927
Operating lease expense		609,976			501,712
Short-term lease expense		1,512,438			1,532,005
Total	$	2,296,978		$	2,256,270
Other Information
Cash paid for amounts included in the measurement of lease liabilities for finance leases -
Operating cash flows	$	26,031		$	24927
Financing cash flows	$	37,342		$	578,151
Cash paid for amounts included in the measurement of lease liabilities for operating leases -
Operating cash flows	$	583,807		$	478,881
Right-of-use assets obtained in exchange for lease liability – operating lease	$	354,041		$	5,516,006
Weighted-average remaining lease term (in years) -
Financing leases		1.2			1.7
Operating leases		12.7			14.1
Weighted-average discount rate -
Financing leases		4.0	%		4.4	%
Operating leases		6.1	%		6.0	%

Lease Liability Maturity [Table Text Block]

	Operating Leases			Financing Leases
Year ending May 31, 2025	$	610,291		$	19,171
Year ending May 31, 2026		609,000			4,514
Year ending May 31, 2027		609,000			-
Year ending May 31, 2028		631,300			-
Year ending May 31, 2029		635,760			-
Thereafter		4,763,090			-
Total lease payments		7,858,441			23,685
Less: Imputed interest		(2,405,207	)		(542	)
Present value of minimum lease payments	$	5,453,234		$	23,143