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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
May 31, 2025
Accounting Policies [Abstract]  
SCHEDULE OF NET INVENTORIES

The following is a summary of approximate net inventories:

 

 SCHEDULE OF NET INVENTORIES

   2025   2024 
   May 31, 
   2025   2024 
Raw materials  $1,071,000   $1,519,000 
Work in progress   743,000    1,145,000 
Finished products   147,000    179,000 
Total gross inventory  $1,961,000   $2,843,000 
Inventory reserve   (471,000)   (467,000)
Inventories, net  $1,490,000   $2,376,000 
SCHEDULE OF SHARE-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS

In applying the Black-Scholes option-pricing model, the following assumptions used in the valuation of awards issued for years ended May 31, 2025 and 2024:

 

 

   For the year ended May 31, 
   2025   2024 
Dividend yield   0%   0%
Expected volatility   105.90 - 117.41%   100.54 - 111.98%
Risk free interest rate   3.68 - 4.52%   4.00 - 4.59%
Expected term   4.69 - 6.25 years   4.69 - 6.25 years 
SCHEDULE OF DISAGGREGATION REVENUE

The following is a breakdown of revenues according to markets to which the products are sold:

 

 SCHEDULE OF DISAGGREGATION REVENUE

   2025   2024 
   For Year Ended May 31, 
   2025   2024 
Clinical lab  $3,181,000   $3,236,000 
Over-the-counter   1,049,000    1,426,000 
Contract manufacturing   1,070,000    741,000 
Physician’s office   11,000    12,000 
Total  $5,311,000   $5,415,000 
SCHEDULE OF SEGMENT REPORTING

The Company’s reportable segment product sales, net and net income (loss) for the years ended May 31, 2025 and 2024 consisted of the following :

 

   2025   2024 
   For the Year Ended May 31, 
   2025   2024 
Net sales  $5,311,000   $5,415,000 
Cost of sales   (4,813,000)   (4,804,000)
Gross profit   498,000    611,000 
           
Operating expenses:          
Sales and marketing expense   1,628,000    2,339,000 
General and administrative expense   2,984,000    3,148,000 
Research and development expense   1,023,000    1,491,000 
Total operating expense   5,635,000    6,978,000 
           
Loss from operations   (5,137,000)   (6,367,000)
           
Other income:          
Dividend and interest income   165,000    431,000 
Total other income   165,000    431,000 
           
Loss before income taxes   (4,972,000)   (5,936,000)
           
Provision for income taxes   (1,000)   (42,000)
           
Net loss  $(4,973,000)  $(5,978,000)