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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Cash flows relating to operating activities    
Net income (loss) $ 249,629 $ (4,635,607)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Bargain purchase gain 0 (1,187,235)
Forgiveness of Paycheck Protection Program loan (2,059,826) 0
Depreciation and amortization 401,448 307,732
Gain on sale of property and equipment (4,598,095)
Stock-based compensation 95,016 163,493
Deferred income taxes 0 (406,304)
Non-cash lease costs 92,042 596,188
Increase (decrease) in:    
Accounts receivable, net 217,836 (381,945)
Inventories, net (638,534) (313,012)
Prepaid expenses 167,478 (39,253)
Deposits on capital improvements to factory 0 (417,794)
Rent, utility deposits and ERP deposits (397,193) (173,294)
Accounts payable (27,776) 476,589
Accrued liabilities and customer deposits (409,187) 352,537
Net cash used in operating activities (6,907,162) (5,657,905)
Cash flows relating to investing activities    
Acquisition of Ample Hills 0 (1,713,404)
Purchases of property and equipment (188,687) (510,321)
Proceeds from the sale of property and equipment 4,797,924 35,500
Net cash provided by (used in) investing activities 4,609,237 (2,188,225)
Cash flows relating to financing activities    
Proceeds from Paycheck Protection Program, net of repayment 264,476 1,795,080
Payments on short-term borrowing 0 (48,625)
Repurchase of common stock 0 (300,492)
Net cash provided by financing activities 264,476 1,445,963
Decrease in cash and cash equivalents (2,033,449) (6,400,167)
Cash and cash equivalents, beginning of period 4,032,690 10,566,531
Cash and cash equivalents, end of period 1,999,241 4,166,364
Supplemental disclosure of cash flow information    
Cash paid for income taxes, net of refunds 19,200 80,600
Cash paid for interest $ 63 $ 616