Capital Leases (Tables)

12 Months Ended

May 31, 2018

Leases [Abstract]

Schedule of Non-cancellable Capital Leases

Capital leases consist of the following as of May 31:

	2018			2017
Non-cancelable capital leases with private pallet leasing company	$	3,893,814		$	3,794,063
Less: Current portion		(2,160,807	)		(2,261,560	)
Non-cancelable capital leases, net of current portion	$	1,733,007		$	1,532,503

Schedule of Production Equipment Under Non-cancelable Capital Leases

The production equipment under the non-cancelable capital leases at May 31, 2018 and 2017 is as follows:

	2018			2017
Production equipment under capital leases	$	7,591,574		$	5,365,889
Less: Accumulated amortization		(974,811	)		(380,233	)
Production equipment under capital leases, net	$	6,616,763		$	4,985,656

Schedule of Future Minimum Lease Payments Under Non-cancellable Capital Leases

Future minimum lease payments under non-cancelable capital leases as of May 31, 2018, are approximately:

Year ended May 31, 2019	$	2,353,164
Year ended May 31, 2020		547,800
Year ended May 31, 2021		547,800
Year ended May 31, 2022		547,800
Year ended May 31, 2023		338,490
Total lease payments		4,335,054
Imputed interest		441,240
Present value of minimum lease payments	$	3,893,814