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Condensed Consolidated Statements of Income (unaudited) - USD ($)
3 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Condensed Consolidated Statements of Income (unaudited)    
Sales, net $ 11,617,856 $ 9,923,628
Cost of goods sold 6,114,226 5,539,052
Gross profit 5,503,630 4,384,576
Research and development costs 69,192 129,074
Selling, general and administrative expenses 2,529,537 2,335,957
Operating income 2,904,901 1,919,545
Other income 376,754 361,318
Income before provision for income taxes 3,281,655 2,280,863
Provision for income taxes 615,000 433,000
Net income $ 2,666,655 $ 1,847,863
Basic and diluted earnings per common share $ 0.85 $ 0.52