Note 9 - Income Taxes (Tables)

12 Months Ended

May 31, 2025

Notes Tables

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	May 31,			May 31,
	2025			2024
Deferred tax asset:
Net operating loss carryforward	$	-		$	1,051,595
Other		179,295			57,293
Total deferred tax asset		179,295			1,108,888
Deferred tax liability:
Depreciation and amortization recognized for tax in excess of financial		(4,804,317	)		(5,160,509	)
Deferred rent adjustments		(1,167,327	)		-
Valuation allowance		-			(793,337	)
Net deferred tax liability	$	(5,792,349	)	$	(4,844,958	)

Summary of Net Change in Deferred Taxes [Table Text Block]

	2025			2024
Net operating loss carryforward	$	(1,051,595	)	$	(1,033,000	)
Depreciation and amortization, tax reporting in excess of financial		356,192			(11,073	)
Interest expense carryforward		-			(172,126	)
Deferred rent adjustments		(1,167,327	)		-
Valuation allowance		793,337			251,024
Other		122,002			25,496
Net change	$	(947,391	)	$	(939,679	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2025		2024
Current income tax:
Federal	$	110,115	$	282,153
State		48,959		(190,628	)
Deferred income tax		947,391		939,679
Provision for income taxes	$	1,106,465	$	1,031,204

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	2025			2024
Tax provision using statutory rates		21	%		21	%
State income taxes		6			8
Permanent differences		8			-
Change in state rates		0			(10	)
Change in valuation allowance		(3	)		(2	)
Tax provision per consolidated financial statements		32	%		17	%