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Note 6 - Long-term Debt (Tables)
12 Months Ended
May 31, 2025
Notes Tables  
Schedule of Long-Term Debt Instruments [Table Text Block]
   

May 31, 2025

   

May 31, 2024

 

Term loans dated July 29, 2022, payable to International Bank of

               

Commerce, prime rate of interest plus 0.5% but not less than 4.50% maturing July 29, 2027

  $ 10,502,754     $ 12,519,501  

Term loan payable to First Interstate Bank, interest rate of 3.70% monthly principal and interest payments of $27,593, due March 19, 2025, secured by certain equipment

    -       271,061  

Term loan payable to First Interstate Bank, interest rate of 3.50%, monthly principal and interest payments of $5,997, due August 10, 2028, secured by certain real estate

    666,588       709,916  

Other

    -       33,964  

Total long-term debt

    11,169,342       13,534,442  

Debt issuance costs, net of amortization

    (86,335 )     (91,494 )

Total debt, net of debt issuance costs

    11,083,007       13,442,948  

Less: Current portion of long-term debt

    (2,249,524 )     (2,362,212 )

Long-term debt, net of current portion

  $ 8,833,483     $ 11,080,736