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Property and Equipment
3 Months Ended
Aug. 31, 2011
Notes to Financial Statements 
Property and Equipment

Property and equipment consisted of the following as of August 31, 2011 and May 31, 2011:

 

   August 31, 2011  May 31, 2011
Office furniture and equipment  $282,694   $272,574 
Software   13,699    13,699 
Leasehold improvements   636,937    636,937 
      Sub-total   933,330    923,210 
Less: Accumulated depreciation   (202,671)   (184,874)
Total Property and Equipment  $730,659   $738,336 

 

Depreciation expense was $17,798 and $14,480 for the three months ended August 31, 2011 and 2010, respectively.