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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Nov. 30, 2022
May 31, 2022
CURRENT ASSETS:    
Cash $ 4,018,170 $ 373,731
Accounts receivable, net 791,325 105,921
Inventory, net 2,113,678 323,388
Prepaid expenses and other current assets 380,095
Total Current Assets 7,303,268 803,040
OTHER ASSETS:    
Property and equipment, net 159,627 29,145
Intangible assets, net 421,423
Right of use asset (0) 45,453
Other assets 20,087 16,277
Goodwill 2,152,215
Total Other Assets 2,753,352 90,875
TOTAL ASSETS 10,056,620 893,915
CURRENT LIABILITIES:    
Accounts payable 1,322,240 435,713
Contract liabilities- current 817,606
Notes payable 208,688 156,300
Due to related party 136,844 25,452
Other current liabilities 1,450,495 89,538
Total Current Liabilities 3,935,873 707,003
LONG TERM LIABILITIES:    
Equipment payable 450 2,200
Contract liabilities- long term 573,483
Total Long Term Liabilities 573,933 2,200
Total Liabilities 4,509,806 709,203
Commitments and contingencies (see Note 10)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 300,000,000 shares authorized; 250,000,000 and none shares issued and outstanding as of November 30 and May 31, 2022, respectively 25,000
Common stock, $0.0001 par value: 450,000,000 shares authorized; 116,556,165 and 41,945,881 shares issued, issuable and outstanding as of November 30 and May 31, 2022, respectively 11,656 4,195
Additional paid-in capital 9,899,298 5,472,084
Accumulated deficit (4,389,140) (5,291,567)
Total Stockholders’ Equity 5,546,814 184,712
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 10,056,620 $ 893,915