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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Operating activities    
Net income $ 4,220,766 $ 724,388
Adjustments to reconcile net income to net cash flows from operating activities    
Depreciation 1,003,924 980,525
Stock options issued for services 128,437 125,764
Changes in other assets and liabilities    
Accounts and other receivables, net (4,096,679) (1,147,600)
Inventory 414,140 38,591
Costs and estimated earnings in excess of billings (437,513) 178,192
Other current assets (113,378) 109,225
Accounts payable 40,323 (617,153)
Billings in excess of costs and estimated earnings 315,233 (653,856)
Other current liabilities (134,605) 649,968
Net operating activities 1,340,648 388,044
Investing activities    
Acquisition of property and equipment (2,382,514) (721,969)
Purchase of short-term investments (18,179,193) (4,692)
Other investing activities (3,624) (3,679)
Net investing activities (20,565,331) (730,340)
Financing activities    
Proceeds from issuance of common stock, net 91,492 12,335
Net change in cash and cash equivalents (19,133,191) (329,961)
Cash and cash equivalents - beginning 22,517,038 20,581,604
Cash and cash equivalents - ending $ 3,383,847 $ 20,251,643