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INTANGIBLE ASSETS, NET
12 Months Ended
May 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

3.    INTANGIBLE ASSETS, NET


Intangible assets, net of accumulated amortization, consist of the following at May 31:


 

 

2020

 

2019

Licenses

 

$

551,397

 

$

510,600

Patents

113,382

68,860

Less accumulated amortization-
licenses

 

 

(487,989)

 

 

(471,530)

Less accumulated amortization-
patents

 

 

(8,135)

 

 

(721)

Intangible assets, net

 

$

168,655

 

$

107,209


Expected amortization of intangible assets for the years ending May 31:


2021

 

$

18,112

2022

8,503

2023

 

 

6,211

2024

6,136

2025

 

 

5,219

Thereafter

 

 

124,474

Total

 

$

168,655