BUSINESS SEGMENT INFORMATION

9 Months Ended

Feb. 28, 2017

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

12. BUSINESS SEGMENT INFORMATION

As of February 28, 2017, 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 in Note 2. The Company evaluates performance based primarily on income (loss) from operations

Information about segments is as follows:

	Arkados			AES			Consolidated
Three months ended February 28, 2017
Revenues	$	(10,299	)	$	274,099		$	263,800
Income (loss) from operations	$	(209,696	)	$	102,420		$	(107,276	)
Three months ended February 29, 2016
Revenues	$	260,590		$	488,493		$	749,083
Loss from operations	$	91,279		$	(23,019	)	$	68,260
Nine months ended February 28, 2017
Revenues	$	78,648		$	999,315		$	1,077,963
Loss from operations	$	(825,154	)	$	(63,382	)	$	(888,536	)
Nine months ended February 29, 2016
Revenues	$	542,883		$	1,128,255		$	1,671,138
Loss from operations	$	(420,525	)	$	(718,611	)	$	(1,139,136	)
Total assets
February 28, 2017	$	130,661		$	113,474		$	244,135
May 31, 2016	$	236,797		$	347,846		$	584,643