Note 2 - Earnings Per Share (Tables)

6 Months Ended

Nov. 30, 2024

Notes Tables

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	2024		2023
For the six and three months ended November 30
Preferred stock convertible into common stock		3,333,333		3,333,333
Warrants exercisable into common stock		500,000		-
Total		3,833,333		3,333,333

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	2024			2023
Basic earnings (loss) per share of common stock
Numerator -
Net income (loss) attributable to common stockholders	$	(157,925	)	$	2,416,374
Denominator -
Weighted-average shares outstanding - basic		28,279,701			28,279,701
Income (Loss) per share of common stock - basic	$	(0.01	)	$	0.09
Diluted earnings (loss) per share of common stock:
Numerator -
Net income (loss) attributable to common stockholders	$	(157,925	)	$	2,416,374
Denominator -
Weighted-average shares outstanding - basic		28,279,701			28,279,701
Incremental shares from assumed conversion of options warrants and preferred stock, as appropriate		-			494,861
Weighted average common stock outstanding - diluted		28,279,701			28,774,562
Income (Loss) per share of common stock - diluted	$	(0.01	)	$	0.08

	2024			2023
Basic earnings (loss) per share of common stock:
Numerator -
Net income (loss) attributable to common stockholders	$	(345,297	)	$	818,354
Denominator -
Weighted-average shares outstanding - basic		28,279,701			28,279,701
Income (Loss) per share of common stock - basic	$	(0.01	)	$	0.03
Diluted earnings (loss) per share of common stock:
Numerator -
Net income (loss) attributable to common stockholders	$	(345,297	)	$	818,354
Denominator -
Weighted-average shares outstanding - basic		28,279,701			28,279,701
Incremental shares from assumed conversion of options warrants and preferred stock, as appropriate		-			495,079
Weighted average common stock outstanding - diluted		28,279,701			28,774,780
Income (Loss) per share of common stock - diluted	$	(0.01	)	$	0.03