XML 40 R30.htm IDEA: XBRL DOCUMENT v3.22.1
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Details) - Restatement on the consolidated statement of operations and the consolidated statement of cash flows
3 Months Ended 9 Months Ended
Feb. 28, 2022
USD ($)
$ / shares
Feb. 28, 2022
USD ($)
$ / shares
Previously Reported [Member]    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cost of sales $ 3,667,143 $ 5,639,103
Gross Profit (38,505) 505,867
Operating Expenses:    
Selling, general and administrative 1,278,393 3,697,804
Research and development 563,216 1,824,312
Total operating expense 1,841,609 5,522,116
Loss from operations (1,880,114) (5,016,249)
Loss before income taxes (1,842,427) (4,962,488)
Net loss $ (1,839,310) $ (4,973,889)
Basic net loss per common share (in Dollars per share) | $ / shares $ (0.15) $ (0.42)
Diluted net loss per common share (in Dollars per share) | $ / shares $ (0.15) $ (0.42)
Comprehensive loss $ (1,844,747) $ (4,982,576)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock option expense   261,176
Net cash used in operating activities   (4,244,064)
Cash and cash equivalents at end of period 5,272,565 5,272,565
Revision of Prior Period, Adjustment [Member]    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cost of sales 34,926 152,490
Gross Profit (34,926) (152,490)
Operating Expenses:    
Selling, general and administrative 249,554 540,933
Research and development 751 67,721
Total operating expense 250,305 608,654
Loss from operations (285,231) (761,144)
Loss before income taxes (285,231) (761,144)
Net loss $ (285,231) $ (761,144)
Basic net loss per common share (in Dollars per share) | $ / shares $ (0.03) $ (0.07)
Diluted net loss per common share (in Dollars per share) | $ / shares $ (0.03) $ (0.07)
Comprehensive loss $ (285,231) $ (761,144)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock option expense   761,144
Restatement Of Companys Financial Statements [Member]    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Cost of sales 3,702,069 5,791,593
Gross Profit (73,431) 353,377
Operating Expenses:    
Selling, general and administrative 1,527,947 4,238,737
Research and development 563,967 1,892,033
Total operating expense 2,091,914 6,130,770
Loss from operations (2,165,345) (5,777,393)
Loss before income taxes (2,127,658) (5,723,632)
Net loss $ (2,124,541) $ (5,735,033)
Basic net loss per common share (in Dollars per share) | $ / shares $ (0.18) $ (0.49)
Diluted net loss per common share (in Dollars per share) | $ / shares $ (0.18) $ (0.49)
Comprehensive loss $ (2,129,978) $ (5,743,720)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock option expense   1,022,320
Net cash used in operating activities   (4,244,064)
Cash and cash equivalents at end of period $ 5,272,565 $ 5,272,565