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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2017
May 31, 2017
Current assets:    
Cash and cash equivalents $ 1,713,326 $ 3,324,934
Short-term investments 1,030,530 1,022,326
Accounts receivable, net 3,508,985 2,545,773
Inventory 11,790,428 11,488,610
Costs and estimated earnings in excess of billings 7,519,111 6,868,393
Other current assets 308,959 427,478
Total current assets 25,871,339 25,677,514
Maintenance and other inventory, net 842,153 878,779
Property and equipment, net 10,224,380 9,994,716
Other assets 183,312 180,579
Deferred income taxes 429,115 429,115
Total assets 37,550,299 37,160,703
Current liabilities:    
Accounts payable 1,340,926 1,329,321
Accrued commissions 1,105,414 846,941
Billings in excess of costs and estimated earnings 793,072 1,295,989
Other current liabilities 919,483 832,060
Total current liabilities 4,158,895 4,304,311
Stockholders' Equity:    
Common stock and additional paid-in capital 9,351,159 9,170,041
Retained earnings 26,869,604 26,515,710
Stockholders’ equity before treasury stock 36,220,763 35,685,751
Treasury stock -  at cost (2,829,359) (2,829,359)
Total stockholders’ equity 33,391,404 32,856,392
Total liabilities and stockholders’ equity $ 37,550,299 $ 37,160,703