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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Aug. 31, 2023
Aug. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 154,452 $ 175,527
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 28,237 19,669
Bad debts 52,866 (0)
Stock based compensation 51,107 97,283
Gain on debt forgiveness (50,500)
Change in operating assets and liabilities:    
Accounts receivable (91,736) (93,901)
Inventory (758,104) 432,998
Prepaid expenses and other current assets 315,751 (204,130)
Accounts payable and accrued expenses 168,399 52,247
Other current liabilities 438,006 296,106
Contract liabilities 38,194 82,334
NET CASH PROVIDED BY OPERATING ACTIVITIES 397,172 807,633
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash acquired on business acquisition 1,066,414
Purchase of property and equipment (50,960) (6,400)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (50,960) 1,060,014
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of equipment financing (825) (825)
Repayment of note payable (17,254)
Advances (payments) from a related party (99,092) 2,732
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (117,171) 1,907
NET INCREASE IN CASH 229,041 1,869,554
CASH - Beginning of period 4,832,682 373,731
CASH - End of period 5,061,723 2,243,285
Cash paid during the period for:    
Interest 1,644 125
Income taxes
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock issued for asset purchase agreement 4,007,480
Tangible assets (excluding cash) acquired in business combination 1,740,729
Intangible assets acquired in business combination 456,945
Goodwill acquired in business combination 2,152,215
Liabilities assumed in business combination $ 1,408,823