Income Statement
Balance Sheet
Cash Flow
| Line Item | Q2 2025May 31, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 8.5M | 8.6M | 11.0M | 8.5M | 8.3M |
| Operating Revenue | 8.5M | 8.7M | 15.3M | 8.6M | 8.1M |
| Cost Of Revenue | 8.7M | 7.0M | 12.7M | 7.5M | 10.1M |
| Gross Profit | -183,000 | 1.6M | -1.8M | 1.0M | -1.8M |
| Selling General And Administration | 2.6M | 1.9M | 1.8M | 2.5M | 2.8M |
| General And Administrative Expense | 2.5M | 1.8M | 1.7M | 2.5M | 2.7M |
| Depreciation And Amortization In Income Statement | 154,000 | 154,000 | 235,000 | 154,000 | 153,000 |
| Other Operating Expenses | 273,000 | 306,000 | 1.2M | 822,000 | 313,000 |
| Operating Expense | 3.0M | 2.4M | 3.2M | 3.5M | 3.2M |
| Operating Income | -3.2M | -769,000 | -4.9M | -2.5M | -5.1M |
| EBIT | -3.8M | -772,000 | -14.6M | -2.7M | -4.7M |
| Interest Expense | 263,000 | 149,000 | 483,000 | 275,000 | 281,000 |
| Interest Expense Non Operating | 263,000 | 149,000 | 483,000 | 275,000 | 281,000 |
| Interest Income | 4,000 | -- | -- | -- | 0.00 |
| Interest Income Non Operating | 4,000 | -- | -- | -- | 0.00 |
| Net Interest Income | -259,000 | -151,000 | -538,000 | -279,000 | -288,000 |
| Other Income Expense | -613,000 | -1,000 | -9.6M | -152,000 | 315,000 |
| Other Non Operating Income Expenses | -- | -- | 0.00 | -- | 261,000 |
| Special Income Charges | -609,000 | 0.00 | -9.6M | -163,000 | 0.00 |
| Restructuring And Mergern Acquisition | -- | -- | -- | 0.00 | -- |
| Gain On Sale Of Security | -4,000 | -1,000 | -68,000 | 11,000 | 54,000 |
| Pretax Income | -4.1M | -921,000 | -15.1M | -2.9M | -5.0M |
| Tax Provision | 47,000 | -- | -2.0M | 0.00 | -1.3M |
| Tax Effect Of Unusual Items | -91,950 | 0.00 | -1.3M | 0.00 | 13,895 |
| Net Income From Continuing And Discontinued Operation | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Income From Continuing Operation Net Minority Interest | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Income Including Noncontrolling Interests | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Minority Interests | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Income Common Stockholders | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Income | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| EBITDA | -2.6M | 350,000 | -13.6M | -2.5M | -1.5M |
| Normalized EBITDA | -2.0M | 351,000 | -3.9M | -2.4M | -1.6M |
| Reconciled Depreciation | 1.2M | 1.1M | 1.1M | -904,000 | 3.2M |
| Basic EPS | -0.38 | -0.09 | -- | -0.28 | -0.40 |
| Diluted EPS | -0.38 | -0.09 | -- | -0.28 | -0.40 |
| Basic Average Shares | 10.8M | 10.7M | -- | 10.5M | 9.4M |
| Diluted Average Shares | 10.8M | 10.7M | -- | 10.5M | 9.4M |
| Total Unusual Items | -613,000 | -1,000 | -9.6M | -152,000 | 54,000 |
| Total Unusual Items Excluding Goodwill | -613,000 | -1,000 | -9.6M | -152,000 | 54,000 |
| Tax Rate For Calcs | 0.15 | 0.00 | 0.13 | 0.00 | 0.26 |
| Normalized Income | -3.6M | -920,000 | -4.7M | -2.8M | -3.8M |
| Depreciation Amortization Depletion Income Statement | 154,000 | 154,000 | 235,000 | 154,000 | 153,000 |
| Diluted NI Availto Com Stockholders | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Income Continuous Operations | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Non Operating Interest Income Expense | -259,000 | -151,000 | -538,000 | -279,000 | -288,000 |
| Other Gand A | 1.2M | 1.0M | 899,000 | 1.4M | 1.4M |
| Other Special Charges | 609,000 | -- | -218,000 | 163,000 | -- |
| Reconciled Cost Of Revenue | 7.7M | 6.1M | 11.9M | 8.5M | 7.1M |
| Salaries And Wages | 1.3M | 762,000 | 764,000 | 1.1M | 1.3M |
| Selling And Marketing Expense | 77,000 | 82,000 | 89,000 | 24,000 | 24,000 |
| Total Expenses | 11.7M | 9.4M | 15.9M | 11.0M | 13.3M |
| Total Operating Income As Reported | -3.2M | -769,000 | -4.1M | -2.5M | -5.1M |
| Total Other Finance Cost | -- | 2,000 | 55,000 | 4,000 | 7,000 |
| Line Item | Q2 2025May 31, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.2M | 997,000 | 1.7M | 3.1M | 1.4M |
| Cash Cash Equivalents And Short Term Investments | 1.2M | 997,000 | 1.7M | 3.1M | 1.4M |
| Cash Financial | 1.2M | 997,000 | 1.7M | 3.1M | 1.4M |
| Other Short Term Investments | -- | -- | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | 4.4M | 5.2M | 6.7M | 3.2M | 3.9M |
| Receivables | 4.7M | 5.4M | 6.8M | 3.3M | 4.2M |
| Inventory | 14.7M | 16.4M | 16.7M | 22.6M | 23.9M |
| Prepaid Assets | 862,000 | 1.5M | 1.0M | 1.3M | 1.7M |
| Current Assets | 21.4M | 24.3M | 26.2M | 30.4M | 31.2M |
| Gross PPE | 47.4M | 47.4M | 47.5M | 49.3M | 49.3M |
| Accumulated Depreciation | -17.8M | -16.7M | -15.7M | -14.7M | -13.7M |
| Net PPE | 29.7M | 30.7M | 31.8M | 34.6M | 35.6M |
| Goodwill | 0.00 | 0.00 | 0.00 | 6.0M | 6.0M |
| Goodwill And Other Intangible Assets | 1.2M | 1.3M | 1.4M | 7.5M | 7.6M |
| Other Intangible Assets | 1.2M | 1.3M | 1.4M | 1.5M | 1.6M |
| Total Non Current Assets | 30.9M | 32.1M | 33.2M | 42.1M | 43.3M |
| Total Assets | 52.3M | 56.4M | 59.5M | 72.6M | 74.4M |
| Current Debt | 4.2M | 4.0M | 4.6M | 4.4M | 4.3M |
| Current Debt And Capital Lease Obligation | 5.4M | 5.2M | 6.1M | 5.6M | 5.6M |
| Accounts Payable | 6.9M | 7.4M | 8.4M | 8.7M | 12.3M |
| Payables | 7.4M | 7.8M | 8.8M | 8.7M | 12.5M |
| Payables And Accrued Expenses | 7.4M | 7.8M | 8.8M | 8.7M | 12.5M |
| Current Liabilities | 12.8M | 13.1M | 15.0M | 14.2M | 18.1M |
| Long Term Debt | 1.9M | 2.0M | 2.2M | 3.7M | 1.7M |
| Long Term Debt And Capital Lease Obligation | 10.6M | 10.8M | 10.9M | 10.7M | 8.8M |
| Long Term Capital Lease Obligation | 8.7M | 8.8M | 8.7M | 7.1M | 7.1M |
| Total Non Current Liabilities Net Minority Interest | 10.8M | 11.3M | 11.6M | 12.2M | 10.3M |
| Total Liabilities Net Minority Interest | 23.6M | 24.4M | 26.6M | 26.5M | 28.4M |
| Common Stock | 110.3M | 110.2M | 109.8M | 109.3M | 107.7M |
| Capital Stock | 110.3M | 110.2M | 109.8M | 109.3M | 107.7M |
| Additional Paid In Capital | 11.5M | 10.7M | 11.1M | 11.7M | 10.2M |
| Retained Earnings | -93.0M | -88.9M | -88.0M | -74.9M | -71.9M |
| Common Stock Equity | 28.8M | 32.0M | 32.9M | 46.1M | 46.0M |
| Stockholders Equity | 28.8M | 32.0M | 32.9M | 46.1M | 46.0M |
| Total Equity Gross Minority Interest | 28.8M | 32.0M | 32.9M | 46.1M | 46.0M |
| Minority Interest | -- | -- | 0.00 | -- | 0.00 |
| Total Capitalization | 30.6M | 34.0M | 35.1M | 49.7M | 47.7M |
| Net Tangible Assets | 27.5M | 30.6M | 31.4M | 38.5M | 38.3M |
| Tangible Book Value | 27.5M | 30.6M | 31.4M | 38.5M | 38.3M |
| Working Capital | 8.7M | 11.2M | 11.3M | 16.2M | 13.1M |
| Invested Capital | 34.8M | 38.0M | 39.7M | 54.2M | 52.1M |
| Total Debt | 16.0M | 16.0M | 17.0M | 16.3M | 14.4M |
| Net Debt | 4.9M | 5.0M | 5.1M | 4.9M | 4.7M |
| Share Issued | 10.8M | 10.7M | 10.6M | 10.5M | 9.5M |
| Ordinary Shares Number | 10.8M | 10.7M | 10.6M | 10.5M | 9.5M |
| Buildings And Improvements | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M |
| Capital Lease Obligations | 9.9M | 10.0M | 10.2M | 8.2M | 8.3M |
| Construction In Progress | 3.2M | 3.2M | 3.2M | 7.0M | 7.0M |
| Current Capital Lease Obligation | 1.2M | 1.3M | 1.5M | 1.2M | 1.2M |
| Current Notes Payable | -- | -- | 0.00 | 0.00 | 245,000 |
| Duefrom Related Parties Current | 104,000 | 102,000 | -- | -- | -- |
| Dueto Related Parties Current | 483,000 | 456,000 | 468,000 | -- | 201,000 |
| Dueto Related Parties Non Current | 225,000 | 508,000 | 778,000 | -- | -- |
| Finished Goods | 9.5M | 10.0M | 9.7M | 14.8M | 16.1M |
| Land And Improvements | 1.3M | 1.3M | 1.3M | 1.3M | 1.3M |
| Leases | 8.0M | 8.0M | 8.0M | 8.0M | 8.0M |
| Non Current Deferred Liabilities | -- | -- | 0.00 | 1.5M | 1.5M |
| Non Current Deferred Taxes Liabilities | -- | -- | 0.00 | 1.5M | 1.5M |
| Other Current Borrowings | 4.2M | 4.0M | 4.6M | 4.4M | 4.1M |
| Other Inventories | 5.2M | 6.5M | 7.0M | 7.8M | 7.8M |
| Other Properties | 25.6M | 25.6M | 25.7M | 23.7M | 23.7M |
| Other Receivables | 178,000 | 41,000 | 38,000 | 170,000 | 231,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 0.00 | -- | -- |
| Line Item | Q2 2025May 31, 2025 | Q1 2025Feb 28, 2025 | Q4 2024Nov 30, 2024 | Q3 2024Aug 31, 2024 | Q2 2024May 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 1.5M | 1.1M | -1.2M | -692,000 | 1.3M |
| Cash Flow From Continuing Operating Activities | 1.5M | 1.1M | -1.2M | -692,000 | 1.3M |
| Depreciation And Amortization | 1.2M | 1.1M | 1.1M | -904,000 | 3.2M |
| Depreciation Amortization Depletion | 1.2M | 1.1M | 1.1M | -904,000 | 3.2M |
| Stock Based Compensation | 800,000 | 38,000 | 37,000 | 474,000 | 71,000 |
| Change In Working Capital | 364,000 | -787,000 | -3.9M | -1.1M | -3.4M |
| Change In Receivables | 712,000 | 1.5M | -3.5M | 837,000 | -22,000 |
| Change In Inventory | -477,000 | -831,000 | 189,000 | 365,000 | -2.8M |
| Change In Payables And Accrued Expense | -467,000 | -1.0M | -931,000 | -2.7M | -254,000 |
| Other Non Cash Items | 3.3M | 1.6M | 5.9M | 3.6M | 5.2M |
| Capital Expenditure | -4,000 | -2,000 | -62,000 | -4,000 | -- |
| Purchase Of PPE | -4,000 | -2,000 | -62,000 | -4,000 | -40,000 |
| Net PPE Purchase And Sale | -4,000 | -2,000 | -59,000 | -4,000 | -40,000 |
| Purchase Of Business | -- | -- | 0.00 | 0.00 | 0.00 |
| Sale Of Business | -- | -- | 0.00 | -- | -- |
| Sale Of Investment | -- | -- | 0.00 | -- | -- |
| Net Investment Purchase And Sale | -- | -- | 0.00 | -- | -- |
| Investing Cash Flow | -4,000 | -2,000 | -59,000 | 12,000 | -40,000 |
| Cash Flow From Continuing Investing Activities | -4,000 | -2,000 | -59,000 | 12,000 | -40,000 |
| Issuance Of Debt | -- | -- | -50,000 | 3.7M | -- |
| Repayment Of Debt | -1.4M | -1.8M | -1.2M | -1.4M | -1.3M |
| Net Issuance Payments Of Debt | -1.4M | -1.8M | -1.3M | 2.3M | -1.1M |
| Issuance Of Capital Stock | -- | -- | 1.7M | 142,000 | -- |
| Net Common Stock Issuance | -- | -- | 1.7M | 142,000 | -- |
| Financing Cash Flow | -1.4M | -1.8M | -108,000 | 2.4M | -603,000 |
| Cash Flow From Continuing Financing Activities | -1.4M | -1.8M | -108,000 | 2.4M | -603,000 |
| Changes In Cash | 164,000 | -743,000 | -1.4M | 1.7M | 622,000 |
| Beginning Cash Position | 997,000 | 1.7M | 3.1M | 1.4M | 795,000 |
| End Cash Position | 1.2M | 997,000 | 1.7M | 3.1M | 1.4M |
| Free Cash Flow | 1.5M | 1.1M | -1.3M | -696,000 | 1.2M |
| Change In Prepaid Assets | 596,000 | -449,000 | 325,000 | 342,000 | -309,000 |
| Common Stock Issuance | -- | -- | 1.7M | 142,000 | -- |
| Gain Loss On Investment Securities | -- | -- | -160,000 | -- | -- |
| Long Term Debt Issuance | -- | -- | -50,000 | -- | -- |
| Long Term Debt Payments | -1.9M | -1.2M | -464,000 | -867,000 | -937,000 |
| Net Business Purchase And Sale | -- | -- | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing Operations | -4.1M | -921,000 | -13.1M | -2.9M | -3.7M |
| Net Long Term Debt Issuance | -1.9M | -1.2M | -514,000 | 3.0M | -937,000 |
| Net Other Financing Charges | -- | -- | -550,000 | -66,000 | -- |
| Net Short Term Debt Issuance | 499,000 | -599,000 | -- | -- | -194,000 |
| Operating Gains Losses | -- | -- | 4.2M | -- | -- |
| Sale Of PPE | 0.00 | 0.00 | 3,000 | 0.00 | 0.00 |
| Short Term Debt Payments | 499,000 | -599,000 | -- | -- | -395,000 |
| Unrealized Gain Loss On Investment Securities | 0.00 | 0.00 | 61,000 | -11,000 | -56,000 |