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Intangible Assets
 6 Months Ended
Nov. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 6 – Intangible Assets

 

The intangible assets consisted of the following:

 

             
   Estimated Life  November 30, 2025   May 31, 2025 
Licensing rights  3 years  $33,120   $22,080 
Customer relationships  3 years   70,000    70,000 
Trade names  10 years   275,000    275,000 
Website  5 years   100,000    100,000 
Product certification testing  3 years   268,305    180,815 
Less: Accumulated amortization      (323,413)   (244,304)
Total Intangible assets, net     $423,012   $403,591 

 

Amortization expense amounted to $41,794 and $23,035 for the three months ended November 30, 2025 and November 30, 2024, respectively. Amortization expense amounted to $79,110 and $26,037 for the six months ended November 30, 2025 and November 30, 2024, respectively.

 

Goodwill was $2,152,215 as of November 30, 2025 and May 31, 2025.

 

Intellectual Property

 

As of November 30, 2025, the Company held three active U.S. patents and one pending U.S. patent application relating to its core technologies. These patents expire at various times between 2035 and 2038. The Company also owns seven federally registered trademarks in the United States, which it considers to be of material importance to its business. All trademark registrations are currently in good standing and are renewed as required.

 

The Company historically has not capitalized costs associated with internally developed patents or trademarks, as they did not meet the criteria for capitalization under U.S. GAAP. As such, no intangible assets related to intellectual property has been recorded on the accompanying consolidated balance sheets.