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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Nov. 30, 2023
Nov. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,172,527 $ 902,427
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 56,022 43,015
Bad debts 64,327 105,975
Deposit used in rent   8,385
Stock based compensation 102,215 124,145
Gain on settlement (79,182) (50,500)
Amortization of prepaid expense 3,159
Change in operating assets and liabilities:    
Accounts receivable  (600,626) (563,594)
Inventory (1,040,351) (447,830)
Prepaid expenses and other current assets (267,407) (243,010)
Deposits (12,195)
Accounts payable and accrued expenses 1,092,735 651,365
Other current liabilities 576,718 1,327,096
Contract liabilities 175,135 347,757
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,252,113 2,196,195
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash acquired on business acquisition 1,066,414
Purchase of property and equipment (70,845) (54,400)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (70,845) 1,012,014
CASH FLOWS FROM FINANCING ACTIVITIES    
Cash raised for common stock to be issued 328,050
Repayment of equipment financing (1,650) (1,750)
Repayment of note payable (24,657) (1,462)
Advances (payments) from a related party (25,212) 111,392
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (51,519) 436,230
NET INCREASE IN CASH 1,129,749 3,644,439
CASH - Beginning of period 4,832,682 373,731
CASH - End of period 5,962,431 4,018,170
Cash paid during the period for:    
Interest 3,284 250
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