XML 16 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATION (USD $)
3 Months Ended 6 Months Ended
Nov. 30, 2011
Nov. 30, 2010
Nov. 30, 2011
Nov. 30, 2010
Net sales $ 1,616,606 $ 1,160,842 $ 3,024,271 $ 2,338,554
Cost of sales 949,202 860,297 1,840,446 1,649,229
Gross profit 667,404 300,545 1,183,825 689,325
Operating Expenses:        
Selling, general and administrative 387,767 358,040 701,351 661,198
Research and development 85,551 120,120 171,487 217,972
Total Operating Expenses 473,318 478,160 872,838 879,170
Income (loss) from operations 194,086 (177,615) 310,987 (189,845)
Other Income (Expense):        
Interest income 1,316 1,809 2,780 3,952
Interest expense (370) (1,625) (943) (3,761)
Other income 60 177,568 60 177,605
Total Other Income (Expense) 1,006 177,752 1,897 177,796
Net income (loss) 195,092 137 312,884 (12,049)
Basic net income (loss) per common share $ 0.03 $ 0.00 $ 0.05 $ 0.00
Diluted net income (loss) per common share $ 0.03 $ 0.00 $ 0.05 $ 0.00
Weighted average number of common and Common Equivalent Shares:        
Basic 6,868,339 6,660,839 6,868,339 6,660,839
Diluted 6,920,296 6,660,839 6,908,380 6,660,839
Net income (loss) 195,092 137 312,884 (12,049)
Other comprehensive loss, net of tax:        
Foreign currency translation (1,183) (139) (1,623) (705)
Comprehensive income (loss) $ 193,909 $ (2) $ 311,261 $ (12,754)