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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Nov. 30, 2023
May 31, 2023
Current assets    
Cash and cash equivalents $ 3,161,073 $ 3,575,219
Short-term investments 31,749,306 24,514,757
Accounts and other receivables, net 4,072,100 5,553,504
Inventory 6,856,688 5,941,304
Costs and estimated earnings in excess of billings 1,722,509 4,124,182
Other current assets 396,947 668,554
Total current assets 47,958,623 44,377,520
Maintenance and other inventory, net 1,312,024 1,003,140
Property and equipment, net 11,355,629 11,721,784
Other assets 239,956 210,120
Deferred income taxes 568,615 568,615
Assets 61,434,847 57,881,179
Current liabilities    
Accounts payable 1,167,935 1,717,657
Accrued expenses 3,032,571 4,078,322
Billings in excess of costs and estimated earnings 3,006,016 1,992,470
Total current liabilities 7,206,522 7,788,449
Stockholders' Equity    
Common stock and additional paid-in capital 11,371,399 11,049,216
Retained earnings 45,957,467 42,128,256
Treasury stock - at cost (3,100,541) (3,084,742)
Total stockholders' equity 54,228,325 50,092,730
Liabilities and Equity $ 61,434,847 $ 57,881,179