SHAREHOLDERS’ EQUITY (Tables)

12 Months Ended

May 31, 2024

Equity [Abstract]

SCHEDULE OF STOCK BASED COMPENSATION EXPENSE

Stock-based compensation expense for the years ended May 31, 2024 and 2023 is as follows:

	For the Year Ended May 31,
	2024		2023
Cost of sales	$	70,000	$	143,000
Selling, general and administrative		742,000		971,000
Research and development		25,000		71,000
Total stock option expense	$	837,000	$	1,185,000

SCHEDULE OF ACTIVITY TO AGGREGATE STOCK OPTIONS

Activity as to aggregate stock options outstanding is as follows:

	Number of Stock Options			Weighted Average Exercise Price		Aggregate Intrinsic Value
Options Outstanding at May 31, 2022		2,321,616		$	3.72	$	1,838,000
Options granted		243,000		$	2.70	$	-
Options exercised		(46,500	)	$	1.73	$	90,000
Options canceled or expired		(175,500	)	$	5.56	$	-
Options Outstanding at May 31, 2023		2,342,616		$	3.52	$	146,000
Options granted		1,338,500		$	1.13	$	-
Options canceled or expired		(201,500	)	$	4.64	$	-
Options Outstanding at May 31, 2024		3,479,616		$	2.53	$	-
Options vested and exercisable at May 31, 2024		2,047,712		$	3.23	$	-