XML 16 R5.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
AOCI Attributable to Parent [Member]
Retained Earnings [Member]
Total
Balances at May. 31, 2022 $ 1,029,000 $ 42,447,000 $ (74,000) $ (35,077,000) $ 8,325,000
Balance, shares at May. 31, 2022 12,867,924        
Foreign currency translation (13,000) (13,000)
Share-based compensation 304,000 304,000
Net loss (2,072,000) (2,072,000)
Exercise of stock options $ 1,000 13,000 14,000
Exercise of stock options, shares 15,000        
Net proceeds from ATM $ 42,000 1,722,000 1,764,000
Net proceeds from ATM, shares 523,977        
Balances at Aug. 31, 2022 $ 1,072,000 44,486,000 (87,000) (37,149,000) 8,322,000
Balance, shares at Aug. 31, 2022 13,406,901        
Balances at May. 31, 2022 $ 1,029,000 42,447,000 (74,000) (35,077,000) 8,325,000
Balance, shares at May. 31, 2022 12,867,924        
Foreign currency translation         (37,000)
Net loss         (5,348,000)
Balances at Feb. 28, 2023 $ 1,079,000 45,445,000 (111,000) (40,425,000) 5,988,000
Balance, shares at Feb. 28, 2023 13,488,313        
Balances at Aug. 31, 2022 $ 1,072,000 44,486,000 (87,000) (37,149,000) 8,322,000
Balance, shares at Aug. 31, 2022 13,406,901        
Foreign currency translation (9,000) (9,000)
Share-based compensation 318,000 318,000
Net loss (1,626,000) (1,626,000)
Exercise of stock options $ 3,000 63,000 66,000
Exercise of stock options, shares 31,500        
Net proceeds from ATM $ 3,000 170,000 173,000
Net proceeds from ATM, shares 41,012        
Balances at Nov. 30, 2022 $ 1,078,000 45,037,000 (96,000) (38,775,000) 7,244,000
Balance, shares at Nov. 30, 2022 13,479,413        
Foreign currency translation (15,000) (15,000)
Share-based compensation 384,000 384,000
Net loss (1,650,000) (1,650,000)
Net proceeds from ATM $ 1,000 24,000   25,000
Net proceeds from ATM, shares 8,900        
Balances at Feb. 28, 2023 $ 1,079,000 45,445,000 (111,000) (40,425,000) 5,988,000
Balance, shares at Feb. 28, 2023 13,488,313        
Balances at May. 31, 2023 $ 1,346,000 52,705,000 (110,000) (42,217,000) 11,724,000
Balance, shares at May. 31, 2023 16,821,646        
Foreign currency translation 6,000 6,000
Share-based compensation 170,000 170,000
Net loss (1,132,000) (1,132,000)
Balances at Aug. 31, 2023 $ 1,346,000 52,875,000 (104,000) (43,349,000) 10,768,000
Balance, shares at Aug. 31, 2023 16,821,646        
Balances at May. 31, 2023 $ 1,346,000 52,705,000 (110,000) (42,217,000) 11,724,000
Balance, shares at May. 31, 2023 16,821,646        
Foreign currency translation         8,000
Net loss         (4,557,000)
Balances at Feb. 29, 2024 $ 1,346,000 53,338,000 (102,000) (46,774,000) 7,808,000
Balance, shares at Feb. 29, 2024 16,821,646        
Balances at Aug. 31, 2023 $ 1,346,000 52,875,000 (104,000) (43,349,000) 10,768,000
Balance, shares at Aug. 31, 2023 16,821,646        
Foreign currency translation
Share-based compensation 122,000 122,000
Net loss (1,507,000) (1,507,000)
Balances at Nov. 30, 2023 $ 1,346,000 52,997,000 (104,000) (44,856,000) 9,383,000
Balance, shares at Nov. 30, 2023 16,821,646        
Foreign currency translation 2,000 2,000
Share-based compensation 341,000 341,000
Net loss (1,918,000) (1,918,000)
Balances at Feb. 29, 2024 $ 1,346,000 $ 53,338,000 $ (102,000) $ (46,774,000) $ 7,808,000
Balance, shares at Feb. 29, 2024 16,821,646