XML 18 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (USD $)
3 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Cash flows from operating activities:  
Net income (loss)$ 117,792$ (12,186)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:  
Depreciation and amortization43,04833,087
Change in provision for losses on accounts receivable21,521 
Inventory reserve3,0068,227
Increase in deferred rent liability1,662(3,270)
Changes in assets and liabilities:  
Accounts receivable(139,818)(22,072)
Inventories47,460(93,984)
Prepaid expenses and other assets104,7445,993
Accounts payable and accrued expenses(65,211)(81,359)
Accrued compensation(26,180)(33,589)
Net cash provided by (used in) operating activities108,024(199,153)
Cash flows from investing activities:  
Intangibles(25,000)(25,000)
Purchases of property and equipment(39,473)(6,578)
Net cash used in investing activities(64,473)(31,578)
Cash flows from financing activities:  
Payment of equipment loan(11,726)(11,040)
Net cash used in financing activities(11,726)(11,040)
Effect of exchange rate changes on cash(440)(566)
Net increase (decrease) in cash and cash equivalents31,385(242,337)
Cash and cash equivalents at beginning of period989,2701,055,206
Cash and cash equivalents at end of period1,020,655812,869
Supplemental Disclosure of Cash Flow Information:  
Cash paid during the quarter for Interest$ 522$ 1,958