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Income Taxes (Tables)
9 Months Ended
Feb. 28, 2023
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following table summarizes the Company’s income tax accrued for the three and nine months ended February 28, 2023:

 

   

For the Three

Months Ended

February 28, 2023

   

For the Three

Months Ended

February 28, 2022

 

Loss before provision for income taxes

  $ (513,654

)

  $ (673,031

)

Provision for income taxes

  $ (516,252

)

  $ (324,265

)

Effective tax rate

    100.5

%

    48.2

%

 

   

For the Nine

Months Ended

February 28, 2023

   

For the Nine

Months Ended

February 28, 2022

 

Loss before provision for income taxes

  $ (9,015,370

)

  $ (125,347

)

Provision for income taxes

  $ (1,552,028

)

  $ (793,322

)

Effective tax rate

    17.2

%

    632.1

%