Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | -- | -- | 0.00 | 194.00 |
| Gross Profit | -- | -- | 0.00 | -194.00 |
| Selling General And Administration | 692,658 | 513,911 | 808,143 | 634,828 |
| General And Administrative Expense | 692,658 | 513,911 | 808,143 | 634,828 |
| Research And Development | 189,724 | 154,959 | 253,530 | 117,744 |
| Other Operating Expenses | 78,812 | 79,312 | 379,325 | 105,773 |
| Operating Expense | 961,194 | 748,182 | 1.2M | 858,345 |
| Operating Income | -961,194 | -748,182 | -1.2M | -858,539 |
| EBIT | -961,194 | -1.5M | -1.0M | -1.5M |
| Interest Expense | 0.00 | 13,994 | 10,269 | 20,471 |
| Interest Expense Non Operating | 0.00 | 13,994 | 10,269 | 20,471 |
| Net Interest Income | 0.00 | -13,994 | -10,269 | -20,471 |
| Other Income Expense | -125,556 | -756,658 | 173,314 | -652,446 |
| Other Non Operating Income Expenses | 844.00 | -- | -- | -- |
| Special Income Charges | -110,245 | -707,254 | 514,143 | -636,789 |
| Write Off | -- | -123,498 | 0.00 | -- |
| Gain On Sale Of Security | -16,155 | -49,404 | -340,829 | -15,657 |
| Pretax Income | -1.1M | -1.5M | -1.0M | -1.5M |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Income From Continuing Operation Net Minority Interest | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Income Including Noncontrolling Interests | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Income Common Stockholders | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Income | -1.1M | -1.5M | -1.0M | -1.5M |
| EBITDA | -961,194 | -1.5M | -1.0M | -1.5M |
| Normalized EBITDA | -834,794 | -748,182 | -1.2M | -858,345 |
| Reconciled Depreciation | -- | -- | 0.00 | 194.00 |
| Basic EPS | -0.06 | -0.14 | -0.12 | -0.20 |
| Diluted EPS | -0.06 | -0.14 | -0.12 | -0.22 |
| Basic Average Shares | 16.9M | 10.8M | 8.7M | 7.0M |
| Diluted Average Shares | 16.9M | 10.8M | 8.7M | 7.0M |
| Total Unusual Items | -126,400 | -756,658 | 173,314 | -652,446 |
| Total Unusual Items Excluding Goodwill | -126,400 | -756,658 | 173,314 | -652,446 |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -960,350 | -762,176 | -1.2M | -879,010 |
| Diluted NI Availto Com Stockholders | -1.1M | -1.5M | -1.0M | -1.5M |
| Gain On Sale Of Ppe | 60,000 | 0.00 | 727,755 | 0.00 |
| Impairment Of Capital Assets | 182,346 | 830,752 | 223,939 | 636,789 |
| Net Income Continuous Operations | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Non Operating Interest Income Expense | 0.00 | -13,994 | -10,269 | -20,471 |
| Other Gand A | 414,058 | 450,632 | 449,982 | 403,929 |
| Other Special Charges | -12,101 | -123,498 | -10,327 | -- |
| Other Taxes | -- | 4,411 | 4,409 | 4,912 |
| Reconciled Cost Of Revenue | -- | -- | 0.00 | 194.00 |
| Rent And Landing Fees | 0.00 | 23,779 | 35,361 | 35,208 |
| Rent Expense Supplemental | 0.00 | 23,779 | 35,361 | 35,208 |
| Salaries And Wages | 278,600 | 39,500 | 322,800 | 195,691 |
| Total Expenses | 961,194 | 748,182 | 1.2M | 858,539 |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 257,400 | 7,200 | 94,929 | 103,581 |
| Cash Cash Equivalents And Short Term Investments | 265,830 | 41,680 | 466,322 | 188,581 |
| Cash Financial | 257,400 | 7,200 | 94,929 | 103,581 |
| Other Short Term Investments | 8,430 | 34,480 | 371,393 | 85,000 |
| Receivables | 23,903 | 10,646 | 24,037 | 9,025 |
| Prepaid Assets | 48,707 | 0.00 | 0.00 | 2,625 |
| Current Assets | 338,440 | 52,326 | 490,359 | 200,231 |
| Gross PPE | -- | -- | -- | 1.8M |
| Accumulated Depreciation | -- | -- | -- | -41,370 |
| Net PPE | 1.2M | 1.2M | 1.8M | 1.7M |
| Other Non Current Assets | 23,276 | 23,120 | 18,612 | -- |
| Total Non Current Assets | 1.2M | 1.3M | 1.9M | 1.7M |
| Total Assets | 1.5M | 1.3M | 2.3M | 1.9M |
| Current Debt | 60,000 | 60,000 | 125,860 | 96,631 |
| Current Debt And Capital Lease Obligation | 60,000 | 60,000 | 125,860 | 96,631 |
| Accounts Payable | -- | 513,385 | 412,196 | 375,520 |
| Payables | -- | 513,385 | 412,196 | 375,520 |
| Payables And Accrued Expenses | 387,364 | 513,385 | 531,283 | 490,198 |
| Current Accrued Expenses | -- | 0.00 | 119,087 | 114,678 |
| Current Deferred Revenue | -- | -- | 0.00 | 500,000 |
| Other Current Liabilities | 38,956 | -- | -- | -- |
| Current Liabilities | 486,320 | 573,385 | 657,143 | 1.1M |
| Total Non Current Liabilities Net Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities Net Minority Interest | 486,320 | 573,385 | 657,143 | 1.1M |
| Common Stock | 28.9M | 27.8M | 27.2M | 25.6M |
| Capital Stock | 28.9M | 27.8M | 27.2M | 25.6M |
| Retained Earnings | -29.5M | -28.6M | -27.1M | -26.2M |
| Gains Losses Not Affecting Retained Earnings | -- | -- | 1.6M | 1.4M |
| Common Stock Equity | 1.1M | 745,087 | 1.7M | 858,980 |
| Stockholders Equity | 1.1M | 745,087 | 1.7M | 858,980 |
| Total Equity Gross Minority Interest | 1.1M | 745,087 | 1.7M | 858,980 |
| Total Capitalization | 1.1M | 745,087 | 1.7M | 858,980 |
| Net Tangible Assets | 1.1M | 745,087 | 1.7M | 858,980 |
| Tangible Book Value | 1.1M | 745,087 | 1.7M | 858,980 |
| Working Capital | -147,880 | -521,059 | -166,784 | -886,598 |
| Invested Capital | 1.1M | 805,087 | 1.8M | 955,611 |
| Total Debt | 60,000 | 60,000 | 125,860 | 96,631 |
| Net Debt | -- | 52,800 | 30,931 | -- |
| Share Issued | 21.5M | 11.7M | 9.9M | 7.2M |
| Ordinary Shares Number | 21.5M | 11.7M | 9.9M | 7.2M |
| Current Deferred Liabilities | -- | -- | 0.00 | 500,000 |
| Current Notes Payable | -- | 0.00 | 65,860 | 0.00 |
| Machinery Furniture Equipment | -- | -- | -- | 41,370 |
| Non Current Prepaid Assets | 6,096 | 21,040 | 55,685 | 0.00 |
| Other Current Borrowings | 60,000 | 60,000 | 60,000 | 96,631 |
| Other Equity Interest | 1.6M | 1.5M | 1.6M | 65,000 |
| Other Properties | -- | -- | -- | 1.7M |
| Taxes Receivable | 23,903 | 10,646 | 24,037 | 9,025 |
| Total Tax Payable | -- | -- | -- | 0.00 |
| Line Item | FY 2024May 31, 2024 | FY 2023May 31, 2023 | FY 2022May 31, 2022 | FY 2021May 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -918,129 | -568,612 | -865,839 | -687,764 |
| Cash Flow From Continuing Operating Activities | -918,129 | -568,612 | -865,839 | -692,676 |
| Depreciation And Amortization | -- | -- | 0.00 | 194.00 |
| Depreciation Amortization Depletion | -- | -- | 0.00 | 194.00 |
| Stock Based Compensation | 278,600 | 39,500 | 322,800 | 195,691 |
| Deferred Tax | -- | -- | -- | 4,912 |
| Deferred Income Tax | -- | -- | -- | 4,912 |
| Change In Working Capital | -235,379 | 145,822 | 3,238 | -15,609 |
| Change In Receivables | -13,257 | 13,391 | -15,012 | -3,351 |
| Change In Payables And Accrued Expense | -173,415 | 132,431 | 15,625 | -9,633 |
| Other Non Cash Items | -12,945 | -113,915 | 5,860 | 10,970 |
| Capital Expenditure | -171,708 | -209,019 | -336,243 | -84,997 |
| Purchase Of PPE | -171,708 | -209,019 | -336,243 | -84,997 |
| Net PPE Purchase And Sale | -86,708 | -209,019 | -336,243 | 415,003 |
| Sale Of Investment | 9,895 | 315,509 | 253,333 | 272,903 |
| Net Investment Purchase And Sale | 9,895 | 315,509 | 253,333 | 272,903 |
| Investing Cash Flow | 10,780 | 120,839 | -101,522 | 687,906 |
| Cash Flow From Continuing Investing Activities | 10,780 | 120,839 | -101,522 | 687,906 |
| Issuance Of Debt | -- | 0.00 | 60,000 | 30,000 |
| Repayment Of Debt | 0.00 | -70,000 | -36,631 | -40,568 |
| Net Issuance Payments Of Debt | 0.00 | -70,000 | 23,369 | -10,568 |
| Issuance Of Capital Stock | 903,794 | 353,844 | 403,070 | 38,750 |
| Net Common Stock Issuance | 903,794 | 353,844 | 403,070 | 38,750 |
| Financing Cash Flow | 1.2M | 360,044 | 958,709 | 93,182 |
| Cash Flow From Continuing Financing Activities | 1.2M | 360,044 | 958,709 | 93,182 |
| Changes In Cash | 250,200 | -87,729 | -8,652 | 93,324 |
| Beginning Cash Position | 7,200 | 94,929 | 103,581 | 10,257 |
| End Cash Position | 257,400 | 7,200 | 94,929 | 103,581 |
| Free Cash Flow | -1.1M | -777,631 | -1.2M | -772,761 |
| Amortization Cash Flow | -- | -- | 0.00 | 194.00 |
| Amortization Of Intangibles | -- | -- | 0.00 | 194.00 |
| Asset Impairment Charge | 182,346 | 830,752 | 223,939 | 636,789 |
| Change In Prepaid Assets | -48,707 | 0.00 | 2,625 | -2,625 |
| Common Stock Issuance | 903,794 | 353,844 | 403,070 | 38,750 |
| Gain Loss On Investment Securities | -- | 282,166 | 54,410 | -4,045 |
| Gain Loss On Sale Of PPE | -60,000 | 0.00 | -727,755 | 0.00 |
| Long Term Debt Issuance | -- | 0.00 | 60,000 | 30,000 |
| Long Term Debt Payments | -- | -70,000 | -36,631 | -40,568 |
| Net Foreign Currency Exchange Gain Loss | -156.00 | -1,341 | 0.00 | -- |
| Net Income From Continuing Operations | -1.1M | -1.5M | -1.0M | -1.5M |
| Net Long Term Debt Issuance | -- | -70,000 | 23,369 | -40,568 |
| Net Other Financing Charges | -- | 1,200 | -- | 65,000 |
| Net Other Investing Changes | 87,593 | 14,349 | -18,612 | -- |
| Net Short Term Debt Issuance | 0.00 | -70,000 | 60,000 | 30,000 |
| Operating Gains Losses | -60,156 | -1,341 | -683,672 | -4,045 |
| Proceeds From Stock Option Exercised | 253,755 | 75,000 | 532,270 | 0.00 |
| Sale Of PPE | 85,000 | 0.00 | -- | 500,000 |
| Short Term Debt Issuance | -- | -- | 60,000 | 30,000 |
| Short Term Debt Payments | 0.00 | -70,000 | -36,631 | -40,568 |
| Unrealized Gain Loss On Investment Securities | 16,155 | 49,404 | 286,419 | 19,702 |