XML 36 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Feb. 28, 2015
Accounting Policies [Abstract]  
Schedule of Inventory, Current [Table Text Block]

 

February 28,

 

 

May 31,

 

2015

 

 

2014

 

 

 

 

 

Raw materials

$

1,009,000

 

$

899,000

Work in progress

 

898,000

 

 

635,000

Finished products

 

204,000

 

 

232,000

 

 

 

 

 

Total

$

2,111,000

 

$

1,766,000

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

 

 

 

 

Exercise

 

 

 

 

Price

 

Option

 

 

Weighted

 

Shares

 

 

Average

 

 

 

 

 

Outstanding May 31, 2014

 

860,500

 

$

0.51

 

 

 

 

 

 

Granted

 

356,000

 

 

0.82

 

 

 

 

 

 

Exercised

 

(11,000)

 

 

0.40

 

 

 

 

 

 

Cancelled or expired

 

(35,500)

 

 

0.73

 

 

 

 

 

Outstanding February 28, 2015

 

1,170,000

 

$

0.60

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

 

Nine Months

 

Three Months

 

Ended

 

Ended

 

February 28,

 

February 28,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

Numerator:

 

 

 

 

 

 

 

 

 

 

 

(Loss)income from continuing operations

$

(574,483)

 

$

(384,532)

 

$

(117,193)

 

$

26,544

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic net(loss) income Per common share

 

7,551,447

 

 

7,310,872

 

 

7,554,603

 

 

7,378,403

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Options and warrants

 

--

 

 

--

 

 

--

 

 

352,849

Denominator for diluted net (loss)income per common share

 

7,551,447

 

 

7,310,872

 

 

7,554,603

 

 

7,731,252

Basic net (loss) income per common share

$

(0.08)

 

$

(0.05)

 

$

(0.02)

 

$

0.00

Diluted net (loss) income per common share

$

(0.08)

 

$

(0.05)

 

$

(0.02)

 

$

0.00