Condensed Consolidated Balance Sheets - USD ($)	Aug. 31, 2017	May 31, 2017
Current Assets:
Cash and cash equivalents	$ 4,558,586	$ 5,723,976
Certificates of deposit and marketable securities	772,056	1,020,888
Accounts receivable, net of allowance for doubtful accounts of $185,000	7,484,154	7,324,291
Other receivables	4,307	18,455
Prepaid expenses	109,796	176,397
Prepaid and recoverable income taxes		94,833
Deferred income taxes		106,000
Total Current Assets	12,928,899	14,464,840
Equipment and leasehold improvements, net of accumulated depreciation and amortization of $273,279 and $269,069	16,440	20,650
Other assets	49,653	49,653
Deferred income taxes	112,000
Total Assets	13,106,992	14,535,143
LIABILITIES AND EQUITY
Accounts and other payables	741,760	644,834
Accrued expenses and other current liabilities	3,252,123	2,838,058
Income taxes payable	23,793
Dividends payable		1,962,062
Advances from customers	1,173,832	1,330,714
Total Liabilities	5,191,508	6,775,668
Commitments and Contingencies
Equity: TSR, Inc.
Preferred stock, $1 par value, authorized 500,000 shares; none issued
Common stock, $.01 par value, authorized 12,500,000 shares; issued 3,114,163 shares, 1,962,062 outstanding	31,142	31,142
Additional paid-in capital	5,102,868	5,102,868
Retained earnings	16,259,100	16,118,011
Shareholder's equity before treasury stock	21,393,110	21,252,021
Less: treasury stock, 1,152,101 shares, at cost	13,514,003	13,514,003
Total TSR, Inc. Equity	7,879,107	7,738,018
Noncontrolling Interest	36,377	21,457
Total Equity	7,915,484	7,759,475
Total Liabilities and Equity	$ 13,106,992	$ 14,535,143