Earnings Per Share (Tables)

6 Months Ended

Nov. 30, 2019

Earnings Per Share [Abstract]

Schedule of Anti-Dilutive Instruments of Earnings Per Share

Instruments which have an anti-dilutive effect for the six months and three months ended November 30 are as follows:

	2019		2018
Preferred stock convertible into common stock		3,333,333		3,333,333

Schedule of Basic and Diluted Earnings Per Share

The following tables set forth the computation of basic and diluted earnings per share:

For the six months ended November 30, 2019 and 2018:

	2019		2018
Numerator -
Net income attributable to common stockholders	$	746,678	$	730,281
Denominator -
Weighted-average shares outstanding - basic		28,361,201		28,361,201
Incremental shares from assumed conversion of options and warrants		644,231		648,748
Diluted shares		29,005,432		29,009,949
Income per share -
Basic and Diluted	$	0.03	$	0.03

For the three months ended November 30, 2019 and 2018:

	2019		2018
Numerator -
Net income attributable to common stockholders	$	304,428	$	128,893
Denominator -
Weighted-average shares outstanding - basic		28,361,201		28,361,201
Incremental shares from assumed conversion of options and warrants		639,959		657,061
Diluted shares		29,001,160		29,018,262
Income per share -
Basic and Diluted	$	0.01	$	0.00