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SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Aug. 31, 2025
Accounting Policies [Abstract]  
SCHEDULE OF NET INVENTORIES

Net inventories are comprised of the following:

 

   August 31, 2025   May 31, 2025 
Raw materials  $976,000   $1,071,000 
Work in progress   816,000    743,000 
Finished products   159,000    147,000 
Total gross inventory   1,951,000    1,961,000 
Inventory reserves   (478,000)   (471,000)
Net inventory  $1,473,000   $1,490,000 
SUMMARY OF OPTIONS ACTIVITY

The following summary presents the options granted, exercised, expired, canceled and outstanding for the three months ended August 31, 2025:

 

   Option Shares   Weighted Average Exercise Price 
Options Outstanding at May 31, 2025   413,866   $19.29 
Cancelled or expired   (720)   12.70 
Options Outstanding at August 31, 2025   413,146   $19.31 
SCHEDULE OF RSUs ACTIVITY

The following summary presents the restricted stock awards granted, vested, forfeited and outstanding for the three months ended August 31, 2025:

 

   Restricted Stock Awards   Weighted
Average Grant
Date Fair Value
 
Unvested Restricted Stock Awards at May 31, 2025   97,500   $2.51 
Granted   10,000    3.19 
Vested   (10,625)   2.51 
Unvested Restricted Stock Awards at August 31, 2025   96,875   $2.58 
SCHEDULE OF DISAGGREGATION REVENUE

The following is a breakdown of revenues according to markets to which the products are sold:

 

   2025   2024 
   Three Months Ended August 31, 
   2025   2024 
Clinical lab  $1,024,000   $1,278,000 
Contract manufacturing   192,000    339,000 
Over-the-counter   161,000    187,000 
Physician’s office   3,000    3,000 
Total  $1,380,000   $1,807,000 
SCHEDULE OF SEGMENT REPORTING

Our reportable segment product sales, net and net income (loss) during the three months ended August 31, 2025 and 2024 consisted of the following:

 

   2025   2024 
   For the Three Months Ended August 31, 
   2025   2024 
Net sales  $1,380,000   $1,807,000 
Cost of sales   (956,000)   (1,518,000)
Gross profit   424,000    289,000 
           
Operating expenses:          
Sales and marketing expense   1,330,000    1,360,000 
General and administrative expense          
Research and development expense   212,000    297,000 
Total operating expense   1,542,000    1,657,000 
           
Loss from operations   (1,118,000)   (1,368,000)
           
Other income:          
Dividend, interest, and other income   1,123,000    56,000 
Total other income   1,123,000    56,000 
           
Loss before income taxes   5,000    (1,312,000)
           
Provision for income taxes   (3,000)   (4,000)
           
Net loss  $2,000   $(1,316,000)