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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
May 31, 2022
Accounting Policies [Abstract]  
Schedule of Inventory, Current [Table Text Block]

 

May 31,

 

2022

 

2021

Raw materials

$

1,717,000

 

 $

1,812,000

Work in progress

 

763,000

 

 

1,687,000

Finished products

 

782,000

 

 

1,324,000

Total gross inventory

$

3,262,000

 

 $

4,823,000

Inventory reserve

 

(846,000)

 

 

(1,617,000)

Net inventory

$

2,416,000

 

$

3,206,000

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

 

 

 

For the year ended May 31,

     

2022

   

2021

Dividend yield

 

 

0%

 

 

0%

Expected volatility

   

102.54 - 105.48%

   

 71.19 - 107.53%

Risk free interest rate

 

 

 0.97-2.75%

 

 

 0.34-1.18%

Expected term

   

 5.50-6.25 Years

   

 5.50-6.25 Years

Disaggregation of Revenue [Table Text Block]
   

For the year ended May 31,

   

2022

 

2021

Physician's office

 

$

14,259,000

 

$

2,801,000

Clinical lab

   

3,064,000

   

3,077,000

Over-the-counter

 

 

1,089,000

 

 

766,000

Contract manufacturing

   

459,000

   

555,000

Total

 

$

18,871,000

 

$

7,199,000