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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Nov. 30, 2025
Nov. 30, 2024
Nov. 30, 2025
Nov. 30, 2024
Sales $ 7,769,044 $ 12,135,247 $ 18,501,617 $ 25,595,894
Cost of Sales 8,119,543 10,754,713 18,430,156 22,312,466
Gross Profit (350,499) 1,380,534 71,461 3,283,428
Selling, General and Administrative Expenses 1,340,737 1,360,957 2,987,681 3,181,148
Gain on Involuntary Conversions (Note 4)     0 (741,821)
Operating Income (Loss) (1,691,236) 19,577 (2,916,220) 844,101
Other Income (Expense):        
Other Income 4,269 51,081 9,388 70,470
Interest Expense (238,688) (275,372) (468,517) (570,081)
Income (Loss) before Income Taxes (1,925,655) (204,714) (3,375,349) 344,490
Benefit (Provision) for Income Taxes (138,440) 0 212,232 (213,750)
Net Income (Loss) (2,064,095) (204,714) (3,163,117) 130,740
Preferred Dividends 0 (140,583) 0 (288,665)
Net Income (Loss) Attributable to Common Stockholders $ (2,064,095) $ (345,297) $ (3,163,117) $ (157,925)
Net Income (Loss) Per Share of Common Stock -        
Basic (in dollars per share) $ (0.08) $ (0.01) $ (0.12) $ (0.01)
Diluted (in dollars per share) $ (0.08) $ (0.01) $ (0.12) $ (0.01)
Weighted Average Shares of Common Stock Outstanding        
Basic (in shares) 27,270,701 28,279,701 27,274,375 28,279,701
Diluted (in shares) 27,270,701 28,279,701 27,274,375 28,279,701
Sales $ 7,769,044 $ 12,135,247 $ 18,501,617 $ 25,595,894
Cost of Sales 8,119,543 10,754,713 18,430,156 22,312,466
Gross Profit (350,499) 1,380,534 71,461 3,283,428
Selling, General and Administrative Expenses 1,340,737 1,360,957 2,987,681 3,181,148
Operating Income (Loss) $ (1,691,236) $ 19,577 $ (2,916,220) $ 844,101