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Consolidated Balance Sheets - USD ($)
May 31, 2025
May 31, 2024
Current Assets:    
Cash and cash equivalents $ 2,399,000 $ 4,170,000
Accounts receivable, net 731,000 947,000
Inventories, net 1,490,000 2,376,000
Prepaid expenses and other 255,000 238,000
Total current assets 4,875,000 7,731,000
Property and equipment, net of accumulated depreciation and amortization 135,000 201,000
Right-of-use assets, net of accumulated amortization of $1,223,000 and $910,000 as of May 31, 2025 and 2024, respectively 429,000 742,000
Investments 165,000 165,000
Intangible assets, net of accumulated amortization of $69,000 and $48,000 as of May 31, 2025 and 2024, respectively 228,000 212,000
Other assets 113,000 203,000
Total Assets 5,945,000 9,254,000
Current Liabilities:    
Accounts payable and accrued expenses 672,000 1,138,000
Accrued compensation 655,000 655,000
Advances from customers 55,000 85,000
Lease liabilities, current portion 358,000 326,000
Total current liabilities 1,740,000 2,204,000
Lease liabilities, net of current portion 100,000 459,000
Total Liabilities 1,840,000 2,663,000
Commitments and contingencies (Note 9)  
Shareholders’ Equity:    
Preferred stock, value
Common stock, $0.08 par value, 3,125,000 shares authorized, 2,546,216 and 2,103,154 issued and outstanding at May 31, 2025 and May 31, 2024, respectively 203,000 168,000
Additional paid-in capital 57,175,000 54,720,000
Accumulated other comprehensive loss (105,000) (102,000)
Accumulated deficit (53,168,000) (48,195,000)
Total Shareholders’ Equity 4,105,000 6,591,000
Total Liabilities and Shareholders’ Equity 5,945,000 9,254,000
Series A Preferred Stock [Member]    
Shareholders’ Equity:    
Preferred stock, value