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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
May 31, 2018
May 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (1,465,828) $ (908,561)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 186,601 219,219
Change in provision for allowance for doubtful accounts 7,566 41,724
Inventory reserve 7,613 (16,505)
Stock option expense 18,473 21,727
Decrease in deferred rent liability 15,787 8,070
Decrease in deferred tax asset 31,000
Changes in assets and liabilities:    
Accounts receivable 252,505 (132,261)
Inventories (457,269) 150,475
Prepaid expenses and other (104,652) (82,179)
Other assets (18,168) (39,336)
Accounts payable and accrued expenses 319,169 10,445
Accrued compensation 32,986 4,324
Net cash used in operating activities (1,174,217) (722,858)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of property and equipment (130,347) (96,085)
Net cash used in investing activities (130,347) (96,085)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of common stock, net 1,266,871
Proceeds from exercise of stock options 27,436 157,728
Net cash provided by financing activities 1,294,307 157,728
Effect of exchange rate changes on cash (10,302) (2,248)
Net decrease in cash and cash equivalents (20,559) (663,463)
CASH AND CASH EQUIVALENTS, beginning of year 1,225,462 1,888,925
CASH AND CASH EQUIVALENTS, end of year 1,204,903 1,225,462
Non-cash investing and financing activities:    
Subscriptions receivable 9,062
Cash paid during the year for:    
Interest 37 282
Income taxes $ 800 $ 800