XML 14 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Cash Flows from Operating Activities:    
Net loss $ (286,974) $ (528,761)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 264
Changes in operating assets and liabilities:    
Accounts receivable (30,434) 71,027
Inventory (20,787) (186,799)
Prepaid expenses and other current assets 62,443 568
Security deposits (18,510)
Accounts payable and accrued expenses 124,772 150,203
Deferred revenue (49,800) 64,900
Accrued income tax benefits
Net Cash Used in Operating Activities (200,516) (447,372)
Cash Flows from Financing Activities:    
Proceeds from sales of common stock 503,000
Proceeds from short-term note 150,000
Net Cash Provided by Financing Activities 150,000 503,000
Net Increase (Decrease) in Cash (50,516) 55,628
Cash - Beginning of Year 56,172 234,994
Cash - End of Year 5,656 290,622
Non Cash Investing and Financing Activities    
Common stock issued for accrued stock based compensation 250,833
Stock options issued for accrued stock based compensation 1,622,778
Cash paid for:    
Interest paid
Income taxes paid