Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025May 31, 2025 | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 131,869 | -- |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 131,869 | -- |
| Cost Of Revenue | 150,790 | 181,614 | 94,305 | 80,295 | -- |
| Gross Profit | -150,790 | -181,614 | -94,305 | 51,574 | -- |
| Selling General And Administration | 1.3M | 908,161 | 634,832 | 476,298 | -- |
| General And Administrative Expense | 1.3M | 908,161 | 634,832 | 476,298 | -- |
| Research And Development | 2.0M | 2.3M | 1.2M | -- | -- |
| Other Operating Expenses | -631,578 | -1.3M | -280,926 | 1.0M | -- |
| Operating Expense | 2.6M | 1.9M | 1.6M | 1.5M | -- |
| Operating Income | -2.8M | -2.1M | -1.7M | -1.5M | -- |
| EBIT | -2.3M | -1.7M | -1.3M | -1.4M | -- |
| Interest Expense | 337,778 | 295,101 | 72,298 | 53,097 | -- |
| Interest Expense Non Operating | 337,778 | 295,101 | 72,298 | 53,097 | -- |
| Interest Income | -- | -- | 105,685 | 17,651 | -- |
| Interest Income Non Operating | -- | -- | 105,685 | 17,651 | -- |
| Net Interest Income | -337,778 | -295,101 | -72,298 | -53,097 | -- |
| Other Income Expense | 421,993 | 387,104 | 328,805 | 73,151 | -- |
| Other Non Operating Income Expenses | 230,208 | 464,188 | 598,470 | -- | -- |
| Special Income Charges | 7,828 | -232,232 | -335,404 | 263,473 | -- |
| Write Off | -7,828 | 346,893 | 316,363 | 0.00 | -- |
| Gain On Sale Of Security | 360,357 | 229,683 | 259,526 | 43,625 | -- |
| Earnings From Equity Interest | -176,400 | -74,535 | -193,787 | -233,947 | -- |
| Pretax Income | -2.7M | -2.0M | -1.4M | -1.4M | -- |
| Tax Provision | -96,912 | 0.00 | -- | -- | -- |
| Tax Effect Of Unusual Items | 13,306 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Net Income From Continuing Operation Net Minority Interest | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Net Income Including Noncontrolling Interests | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Minority Interests | -- | -- | -- | -- | 0.00 |
| Net Income Common Stockholders | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Net Income | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| EBITDA | -2.0M | -1.3M | -1.2M | -1.3M | -- |
| Normalized EBITDA | -2.4M | -1.3M | -1.1M | -1.6M | -- |
| Reconciled Depreciation | 345,529 | 423,401 | 128,416 | 112,360 | -- |
| Basic EPS | -0.02 | -0.01 | -0.01 | -0.01 | -0.01 |
| Diluted EPS | -0.02 | -0.01 | -0.01 | -0.01 | -- |
| Basic Average Shares | 143.4M | 142.6M | 141.6M | 131.3M | -- |
| Diluted Average Shares | 143.4M | 142.6M | 141.6M | 131.3M | -- |
| Total Unusual Items | 368,185 | -2,549 | -75,878 | 307,098 | -- |
| Total Unusual Items Excluding Goodwill | 368,185 | -2,549 | -75,878 | 307,098 | -- |
| Tax Rate For Calcs | 0.04 | 0.00 | 0.00 | 0.00 | -- |
| Normalized Income | -2.9M | -2.0M | -1.3M | -1.7M | -- |
| Diluted NI Availto Com Stockholders | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Gain On Sale Of Business | -- | 0.00 | -19,041 | 263,473 | -10,986 |
| Gain On Sale Of Ppe | 0.00 | -56,581 | 0.00 | 0.00 | -- |
| Insurance And Claims | 44,955 | 34,140 | 23,929 | 18,074 | -- |
| Net Income Continuous Operations | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Net Non Operating Interest Income Expense | -337,778 | -295,101 | -72,298 | -53,097 | -- |
| Other Gand A | 394,120 | 233,084 | 205,973 | 105,212 | -- |
| Other Special Charges | -- | -171,242 | -- | -- | 16,889 |
| Reconciled Cost Of Revenue | 150,790 | 181,614 | 94,305 | 80,295 | -- |
| Rent And Landing Fees | 131,351 | 92,971 | 123,020 | 27,016 | -- |
| Rent Expense Supplemental | 131,351 | 92,971 | 123,020 | 27,016 | -- |
| Salaries And Wages | 722,050 | 547,966 | 281,910 | 325,996 | -- |
| Total Expenses | 2.8M | 2.1M | 1.7M | 1.6M | -- |
| Total Operating Income As Reported | -2.8M | -2.1M | -1.7M | -1.5M | -- |
| Line Item | FY 2025May 31, 2025 | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 999,043 | 2.1M | 3.8M | 5.1M | -- |
| Cash Cash Equivalents And Short Term Investments | 1.0M | 2.1M | 4.4M | 5.1M | -- |
| Other Short Term Investments | 22,000 | 96,665 | 589,574 | 0.00 | -- |
| Accounts Receivable | 45,699 | 44,150 | 343,010 | 32,588 | -- |
| Receivables | 1.8M | 2.0M | 1.0M | 177,379 | -- |
| Inventory | 25,092 | 21,759 | 18,561 | 83,455 | -- |
| Prepaid Assets | -- | 331,227 | 56,051 | 81,185 | 115,689 |
| Other Current Assets | 305,529 | 331,227 | 56,051 | 81,185 | -- |
| Current Assets | 3.2M | 4.5M | 5.5M | 5.4M | -- |
| Gross PPE | 5.2M | 3.5M | 3.3M | 1.2M | -- |
| Accumulated Depreciation | -912,592 | -582,048 | -318,039 | -453,923 | -- |
| Net PPE | 4.3M | 3.0M | 3.0M | 712,775 | -- |
| Investments And Advances | 252,857 | 421,429 | 842,857 | 1.4M | -- |
| Long Term Equity Investment | 252,857 | 421,429 | 842,857 | 1.4M | -- |
| Total Non Current Assets | 4.5M | 3.4M | 3.9M | 2.1M | -- |
| Total Assets | 7.7M | 7.9M | 9.4M | 7.5M | -- |
| Current Debt | 40,455 | -- | 76,809 | -- | -- |
| Current Debt And Capital Lease Obligation | 70,601 | 18,343 | 151,455 | 66,371 | -- |
| Accounts Payable | 978,699 | 801,124 | 626,007 | 216,953 | -- |
| Payables | 978,699 | 801,124 | 626,007 | 216,953 | -- |
| Payables And Accrued Expenses | 978,699 | 801,124 | 626,007 | 216,953 | -- |
| Current Deferred Revenue | 1.1M | 1.3M | 1.0M | 103,044 | -- |
| Current Liabilities | 2.1M | 2.1M | 1.8M | 386,368 | -- |
| Long Term Debt | 1.6M | -- | -- | 71,631 | 71,629 |
| Long Term Debt And Capital Lease Obligation | 3.8M | 2.2M | 2.3M | 681,430 | -- |
| Long Term Capital Lease Obligation | 2.2M | 2.2M | 2.3M | 609,799 | -- |
| Total Non Current Liabilities Net Minority Interest | 3.8M | 2.2M | 2.3M | 681,430 | -- |
| Total Liabilities Net Minority Interest | 6.0M | 4.3M | 4.1M | 1.1M | -- |
| Common Stock | 38.8M | 38.8M | 38.5M | 38.4M | -- |
| Capital Stock | 38.8M | 38.8M | 38.5M | 38.4M | -- |
| Additional Paid In Capital | 5.0M | 4.8M | 4.5M | 4.4M | -- |
| Retained Earnings | -43.5M | -40.9M | -38.9M | -37.5M | -- |
| Gains Losses Not Affecting Retained Earnings | 1.2M | 990,705 | 1.2M | -- | -- |
| Common Stock Equity | 1.7M | 3.6M | 5.3M | 6.4M | -- |
| Stockholders Equity | 1.7M | 3.6M | 5.3M | 6.4M | -- |
| Total Equity Gross Minority Interest | 1.7M | 3.6M | 5.3M | 6.4M | -- |
| Total Capitalization | 3.4M | 3.6M | 5.3M | 6.5M | -- |
| Net Tangible Assets | 1.7M | 3.6M | 5.3M | 6.4M | -- |
| Tangible Book Value | 1.7M | 3.6M | 5.3M | 6.4M | -- |
| Working Capital | 1.0M | 2.5M | 3.7M | 5.0M | -- |
| Invested Capital | 3.4M | 3.6M | 5.4M | 6.5M | -- |
| Total Debt | 3.9M | 2.2M | 2.4M | 747,801 | -- |
| Net Debt | 683,121 | -- | -- | -- | -- |
| Share Issued | 143.4M | 143.4M | 141.8M | 141.4M | -- |
| Ordinary Shares Number | 143.4M | 143.4M | 141.8M | 141.4M | -- |
| Accrued Interest Receivable | 1,967 | 13,972 | 43,258 | 6,409 | -- |
| Buildings And Improvements | 2.1M | 2.1M | 2.3M | 802,942 | -- |
| Capital Lease Obligations | 2.2M | 2.2M | 2.4M | 676,170 | -- |
| Construction In Progress | 188,803 | 191,602 | 283,559 | 0.00 | -- |
| Current Capital Lease Obligation | 30,146 | 18,343 | 74,646 | 66,371 | -- |
| Current Deferred Liabilities | 1.1M | 1.3M | 1.0M | 103,044 | -- |
| Investmentsin Associatesat Cost | 252,857 | 421,429 | 842,857 | 1.4M | -- |
| Leases | 937,254 | 84,134 | -- | -- | -- |
| Machinery Furniture Equipment | -- | 14,984 | 14,984 | 14,984 | 14,984 |
| Other Current Borrowings | 40,455 | -- | 76,809 | -- | -- |
| Other Equity Interest | 268,795 | -- | 1.2M | 1.1M | 929,685 |
| Other Inventories | -- | -- | 18,561 | 11,587 | 11,587 |
| Other Properties | 1.9M | 1.1M | -- | -- | 802,942 |
| Other Receivables | 1.5M | 1.6M | 549,605 | 3,264 | -- |
| Taxes Receivable | 283,953 | 357,909 | 112,466 | 135,118 | -- |
| Work In Process | -- | -- | 0.00 | 71,868 | 0.00 |
| Line Item | FY 2025May 31, 2025 | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | -2.2M | -1.2M | -437,605 | -886,638 | -- |
| Cash Flow From Continuing Operating Activities | -2.2M | -1.2M | -437,605 | -886,638 | -- |
| Depreciation And Amortization | 345,529 | 423,401 | 128,416 | 112,360 | -- |
| Depreciation Amortization Depletion | 345,529 | 423,401 | 128,416 | 112,360 | -- |
| Stock Based Compensation | 421,915 | 188,414 | 185,314 | 472,575 | -- |
| Deferred Tax | -96,912 | 0.00 | -- | -- | -- |
| Deferred Income Tax | -96,912 | 0.00 | -- | -- | -- |
| Change In Working Capital | -293,200 | -331,189 | 252,309 | 725.00 | -- |
| Changes In Account Receivables | 477,155 | -219,450 | -484,200 | -36,168 | -- |
| Change In Receivables | 663,821 | -995,864 | -530,563 | -4,062 | -- |
| Change In Inventory | -186.00 | -2,692 | 62,204 | -71,868 | -- |
| Change In Payables And Accrued Expense | -407,830 | 175,117 | 255,817 | -3,065 | -- |
| Change In Payable | -407,830 | 175,117 | 255,817 | -3,065 | -- |
| Change In Other Working Capital | -574,703 | 767,426 | 439,717 | 103,044 | -- |
| Other Non Cash Items | 53,645 | -168,051 | 5,178 | 2.00 | -- |
| Capital Expenditure | -3.5M | -1.7M | -1.3M | -105,007 | -- |
| Purchase Of PPE | -3.5M | -1.7M | -1.3M | -105,007 | -- |
| Net PPE Purchase And Sale | -3.4M | -1.6M | -1.2M | -105,007 | -- |
| Sale Of Business | 363,248 | 0.00 | -- | -- | -- |
| Purchase Of Investment | -- | -- | -522,000 | 0.00 | -- |
| Sale Of Investment | 0.00 | 500,000 | -- | -- | -- |
| Net Investment Purchase And Sale | 0.00 | 500,000 | -522,000 | 0.00 | -- |
| Investing Cash Flow | -840,887 | -593,912 | -853,377 | -47,179 | -- |
| Cash Flow From Continuing Investing Activities | -840,887 | -593,912 | -853,377 | -47,179 | -- |
| Issuance Of Debt | 2.0M | 0.00 | -- | 0.00 | 40,000 |
| Repayment Of Debt | -18,343 | -102,012 | -44,519 | -63,617 | -- |
| Net Issuance Payments Of Debt | 2.0M | -102,012 | -44,519 | -63,617 | -- |
| Issuance Of Capital Stock | -- | -- | 0.00 | 1.4M | 2.4M |
| Net Common Stock Issuance | -- | -- | 0.00 | 1.4M | 2.4M |
| Financing Cash Flow | 2.0M | 61,363 | 5,191 | 2.6M | -- |
| Cash Flow From Continuing Financing Activities | 2.0M | 61,363 | 5,191 | 2.6M | -- |
| Changes In Cash | -1.1M | -1.7M | -1.3M | 1.7M | -- |
| Beginning Cash Position | 2.1M | 3.8M | 5.1M | 3.4M | -- |
| End Cash Position | 999,043 | 2.1M | 3.8M | 5.1M | -- |
| Free Cash Flow | -5.7M | -2.9M | -1.7M | -991,645 | -- |
| Amortization Cash Flow | -- | -- | 316,363 | 0.00 | -- |
| Amortization Of Intangibles | -- | -- | 316,363 | 0.00 | -- |
| Asset Impairment Charge | 78,644 | 570,572 | 316,363 | 0.00 | -- |
| Change In Prepaid Assets | 25,698 | -275,176 | 25,134 | 34,504 | -- |
| Common Stock Issuance | -- | -- | 0.00 | 1.4M | 2.4M |
| Depreciation | 345,529 | 423,401 | 128,416 | 112,360 | -- |
| Earnings Losses From Equity Investments | 176,400 | 74,535 | 193,787 | 233,947 | -- |
| Gain Loss On Investment Securities | -- | -49,783 | -136,833 | -- | -- |
| Gain Loss On Sale Of Business | -- | 0.00 | 19,041 | -263,473 | 10,986 |
| Gain Loss On Sale Of PPE | 0.00 | 56,581 | 0.00 | 0.00 | -- |
| Long Term Debt Issuance | 2.0M | 0.00 | -- | 0.00 | 40,000 |
| Long Term Debt Payments | -18,343 | -102,012 | -44,519 | -63,617 | -- |
| Net Business Purchase And Sale | 363,248 | 0.00 | -- | -- | -- |
| Net Foreign Currency Exchange Gain Loss | 0.00 | -196.00 | 6,237 | 0.00 | -- |
| Net Income From Continuing Operations | -2.6M | -2.0M | -1.4M | -1.4M | -- |
| Net Long Term Debt Issuance | 2.0M | -102,012 | -44,519 | -63,617 | -- |
| Net Other Investing Changes | 2.2M | 480,665 | 866,584 | 57,828 | -- |
| Operating Gains Losses | 176,400 | 81,137 | 82,232 | -29,526 | -- |
| Proceeds From Stock Option Exercised | 0.00 | 163,375 | 49,710 | 1.3M | -- |
| Sale Of PPE | 75,703 | 155,000 | 69,567 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | -288,583 | 42,888 | -6,545 | 0.00 | -- |