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INCOME TAXES (Tables)

12 Months Ended

May 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	2014			2013
Current:
U.S. Federal	$	--		$	--
State and local		6,240			(21,493)
Total current		6,240			(21,493)
Deferred:
U.S. Federal		(174,000)			(521)
State and local		(43,000)			9,521
Total deferred		(217,000)			9,000
Income tax (benefit) expense	$	(210,760)		$	(12,493)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

Years ended May 31,	2014			2013
Computed "expected" tax expense (benefit)	$	(148,760)		$	184,000
Increase (reduction) in income taxes resulting from:
Change in valuation allowance		--			(205,000)
State income taxes, net of federal benefit		(47,000)			15,000
Research and development tax credits		(26,000)			(14,000)
Permanent tax differences and other		11,000			7,507
Income tax (benefit) expense	$	(210,760)		$	(12,493)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Years ended May 31,	2014			2013
Deferred tax assets:
Accounts receivable, principally due to allowance for doubtful accounts and sales returns	$	11,000		$	47,000
Inventory valuation		16,000			32,000
Compensated absences and deferred payroll		39,000			37,000
Net operating loss carryforwards		325,000			94,000
Tax credit carryforwards		160,000			117,000
Deferred rent expense		21,000			28,000
Other		48,000			42,000
Total deferred tax assets		620,000			397,000
Less valuation allowance		--			--
Deferred Tax Asset Net		620,000			397,000
Deferred tax liabilities:
Accumulated depreciation of property and equipment		(174,000)			(168,000)
Net deferred tax asset	$	446,000		$	229,000
Deferred tax assets, current portion	$	87,000		$	144,000
Deferred tax assets, long-term portion		359,000			85,000
Deferred tax asset, Total	$	446,000		$	229,000

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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