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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Nov. 30, 2011
May 31, 2011
Current Assets    
Cash and cash equivalents $ 965,968 $ 989,270
Accounts receivable 1,132,212 [1] 747,075 [2]
Inventories, net 1,669,264 1,785,525
Prepaid expenses and other 119,121 237,563
Deferred tax assets, current portion 127,000 127,000
Total Current Assets 4,013,565 3,886,433
Property and Equipment, net of accumulated depreciation and amortization 545,449 567,323
Deferred Tax Assets, net of current portion 111,000 111,000
Investments 165,324 165,324
Intangible Assets, net 186,934 177,410
Other Assets 52,510 47,888
Total Assets 5,074,782 4,955,378
Current Liabilities    
Accounts payable and accrued expenses 266,096 451,569
Accrued compensation 144,288 138,056
Loan for equipment purchase 11,742 35,390
Total Current Liabilities 422,126 625,015
Commitments and Contingencies      
Shareholders' Equity    
Preferred stock    [3]    [4]
Common stock 549,466 [5] 549,466 [6]
Additional paid-in-capital 17,654,153 17,643,121
Accumulated other comprehensive loss (6,083) (4,460)
Accumulated deficit (13,544,880) (13,857,764)
Total Shareholders' Equity 4,652,656 4,330,363
Total Liabilities and Shareholders' Equity $ 5,074,782 $ 4,955,378
[1] Allowance for doubtful accounts of $65,183 as of Nov 30,2011
[2] Allowance for doubtful accounts of $32,204 as of May 31,2011
[3] No par value authorized 5,000,000 shares, issued and none outstanding at November, 2011.
[4] No par value authorized 5,000,000 shares, issued and none outstanding at May, 2011
[5] $0.08 par value authorized 25,000,000 shares, issued and outstanding 6,868,339 at November30, 2011
[6] $0.08 par value authorized 25,000,000 shares, issued and outstanding 6,868,339 at May 31, 2011