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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Nov. 30, 2017
Nov. 30, 2016
Cash Flows from Operating Activities:    
Net income $ 674,353 $ 212,434
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 1,612,143 1,222,574
Decrease in deferred tax asset 242,500 54,550
Decrease in trade accounts receivable 4,219,978 2,486,129
(Increase) Decrease in related party receivables 551 (22,142)
(Increase) Decrease in inventory (1,452,384) 8,953
(Increase) Decrease in prepaid expenses 23,237 (157,932)
Increase (Decrease) in accounts payable and accrued expenses (1,733,329) 239,547
Net cash provided by operating activities 3,587,049 4,044,113
Cash Flows from Investing Activities:    
Purchase of property and equipment (2,996,530) (2,095,073)
Cash Flows from Financing Activities:    
Proceeds from long-term debt 1,795,000
Payments on long-term debt and capitalized lease (2,387,172) (1,619,936)
Proceeds from revolving loan 240,000
Payments on revolving loan (275,000)
Debt issue costs (64,000)
Proceeds from exercised stock options 57,000
Dividends paid on preferred stock (186,918) (172,813)
Distributions paid by variable interest entity (102,000) (102,000)
Net cash used in financing activities (641,090) (2,176,749)
Net Decrease in Cash (50,571) (227,709)
Cash, beginning of period 579,021 897,377
Cash, end of period 528,450 669,668
Non-cash Activities:    
Acquisition of equipment by capital lease 5,450,474
Conversion of related party accrued interest to long-term debt 2,475,690
Warrants to purchase common stock issued 120,000
Preferred dividend accrual 30,822 56,404
Supplemental information:    
Interest paid 658,736 527,800
Taxes paid $ 10,000