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Subsequent Events
3 Months Ended
Aug. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

Note 8:  Subsequent Events


     Subsequent to August 31, 2019, the Company sold 50,000 shares of its common stock under its At Market Issuance Sales Agreement and S-3 Registration Statement for total net proceeds of $158,603.


     In September 2019, the Company agreed to extend MaxHealth Medical International, Limited and MaxHealth Medical Group Co., Ltd.’s option to purchase up to 500,000 shares of Biomerica’s common stock for an additional 90 days at terms described in the agreement signed May 29, 2019.


     On September 25, 2019, the Company entered into a Clinical Trial Agreement with a large, multi-physician medical group for the purpose of conducting a clinical trial of the Biomerica Infoods product. The term of the agreement shall be until completion of the work outlined and the charges will be invoiced monthly for work performed in the previous month. The maximum budgeted costs will be approximately $136,000.


     On October 3, 2019, the Company entered into a Clinical Trial Agreement with a research institution for the purpose of conducting a clinical trial of the Biomerica H. pylori product.  The term of the agreement shall be until completion of the work outlined and the charges will be invoiced monthly for work performed in the previous month. The maximum budgeted costs will be approximately $57,800.