BUSINESS SEGMENT INFORMATION

3 Months Ended

Aug. 31, 2015

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

12. BUSINESS SEGMENT INFORMATION

As of August 31 2015, the Company had two operating segments, Arkados and AES.

The Company’s reportable segments are distinguished by types of service, customers and methods used to provide their services. The operating results of these business segments are regularly reviewed by the Company’s chief operating decision maker.

The accounting policies of each of the segments are the same as those described in the Summary of Significant Accounting Policies. The Company evaluates performance based primarily on income (loss) from operations.

Operating results for the business segments of the Company were as follows: 

	Arkados			AES			Consolidated
Three Months Ended August 31, 2015
Revenues	$	106,836		$	—		$	106,836
Loss from operations		(257,737	)		(263,048	)		(520,785	)
Three Months Ended August 31, 2014
Revenues	$	40,000		$	—		$	40,000
Loss from operations		(1,199,366	)		—			(1,199,366	)
Total assets for the business segments of the Company were as follows:
August 31, 2015 (unaudited)	$	282,300		$	444,968		$	727,268
May 31, 2015		283,154			254,772			537,926