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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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May 31, 2024
Accounting Policies [Abstract] |
SCHEDULE OF NET INVENTORIES | The following is a summary of approximate net inventories: SCHEDULE OF NET INVENTORIES
|  | 2024 |  |  | 2023 |
|  | May 31, |
|  | 2024 |  |  | 2023 |
Raw materials |  | $ | 1,519,000 |  |  | $ | 1,677,000 |
Work in progress |  |  | 1,145,000 |  |  |  | 869,000 |
Finished products |  |  | 179,000 |  |  |  | 182,000 |
Total gross inventory |  | $ | 2,843,000 |  |  | $ | 2,728,000 |
Inventory reserve |  |  | (467,000 | ) |  |  | (672,000 | )
Net inventory |  | $ | 2,376,000 |  |  | $ | 2,056,000 |
SCHEDULE OF SHARE-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS | In applying the Black-Scholes option-pricing model, the following assumptions used in the valuation of awards issued for years ended May 31, 2024 and 2023: SCHEDULE OF SHARE-BASED PAYMENT AWARD, STOCK OPTIONS, VALUATION ASSUMPTIONS
|  | For the year ended May 31, |
|  | 2024 |  |  | 2023 |
Dividend yield |  |  | 0 | % |  |  | 0 | %
Expected volatility |  |  | 100.54 - 111.98 | % |  |  | 98.81 - 101.77 | %
Risk free interest rate |  |  | 4.0 - 4.59 | % |  |  | 3.12 - 3.35 | %
Expected term |  |  | 4.69 - 6.25 years |  |  |  | 6.25 years |
SCHEDULE OF DISAGGREGATION REVENUE | The following is an approximate breakdown of revenues according to primary markets to which the products are sold: SCHEDULE OF DISAGGREGATION REVENUE
|  | 2024 |  |  | 2023 |
|  | For Year Ended May 31, |
|  | 2024 |  |  | 2023 |
Clinical lab |  | $ | 3,236,000 |  |  | $ | 3,310,000 |
Over-the-counter |  |  | 1,426,000 |  |  |  | 1,169,000 |
Contract manufacturing |  |  | 741,000 |  |  |  | 610,000 |
Physician’s office |  |  | 12,000 |  |  |  | 250,000 |
Total |  | $ | 5,415,000 |  |  | $ | 5,339,000 |

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