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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2018
May 31, 2018
Current assets:    
Cash and cash equivalents $ 4,964,376 $ 2,858,323
Short-term investments 1,047,971 1,039,082
Accounts receivable, net 4,993,920 6,265,864
Inventory 12,081,725 11,317,775
Costs and estimated earnings in excess of billings 5,953,406 6,356,963
Other current assets 481,880 447,162
Total current assets 29,523,278 28,285,169
Maintenance and other inventory, net 870,341 885,651
Property and equipment, net 9,705,412 9,935,625
Other assets 188,388 185,730
Deferred income taxes 219,115 219,115
Total assets 40,506,534 39,511,290
Current liabilities:    
Accounts payable 2,119,545 1,460,175
Accrued commissions 969,648 983,260
Billings in excess of costs and estimated earnings 793,578 2,043,002
Other current liabilities 1,818,422 1,412,502
Total current liabilities 5,701,193 5,898,939
Stockholders' Equity:    
Common stock and additional paid-in capital 9,554,272 9,482,630
Retained earnings 28,080,428 26,959,080
Stockholders’ equity before treasury stock 37,634,700 36,441,710
Treasury stock -  at cost (2,829,359) (2,829,359)
Total stockholders’ equity 34,805,341 33,612,351
Total liabilities and stockholders’ equity $ 40,506,534 $ 39,511,290