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SHAREHOLDERS` EQUITY (Tables)
12 Months Ended
May 31, 2018
Stockholders' Equity Note [Abstract]  
Share-based Compensation, Stock Options, Activity [Table Text Block]
 

NUMBER OF

STOCK OPTIONS

 

PRICE RANGE

PER SHARE

 

WEIGHTED
AVERAGE

EXERCISE PRICE

                                                            

 

 

Options outstanding at May 31, 2016

1,199,000

 

$ 0.43-$ 1.20

 

$

0.81

Options granted

55,000

 

$ 1.52-$ 1.61

 

$

1.55

Options exercised

(341,500)

 

$ 0.43-$ 1.04

 

$

0.46

Options canceled or expired

(15,500)

 

$ 0.43-$ 1.04

 

$

0.90

Options outstanding at May 31, 2017

897,000

 

$ 0.71-$ 1.61

 

$

0.98

Options granted

287,000

 

$ 2.41-$3.90

 

$

3.63

Options exercised

(34,750)

 

$ 0.71-$ 1.04

 

$

0.80

Options canceled or expired

(10,625)

 

$ 0.71-$ 2.41

 

$

1.44

Options outstanding at May 31, 2018

1,138,625

 

$ 0.71-$ 3.90

 

$

1.65

Schedule of Nonvested Share Activity [Table Text Block]
     

STOCK OPTIONS

WEIGHTED AVERAGE
AVERAGE

GRANT DATE

FAIR VALUE

     
     
 

NUMBER OF

SHARES

 
 

 

Nonvested shares at May 31, 2017

517,250

 

$

0.96

Granted

287,000

 

$

3.63

Vested/Exercised

(212,125)

 

$

1.00

Forfeited

(9,125)

 

$

1.56

Nonvested shares at May 31, 2018

583,000

 

$

2.34

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
   

WEIGHTED

 AVERAGE

 REMAINING

 CONTRACTUAL

LIFE IN YEARS

     
   

WEIGHTED

 AVERAGE

EXERCISE

 PRICE

NUMBER

 EXERCISABLE

AT MAY 31,

2018

 
 

NUMBER

 OUTSTANDING

05/31/2018

WEIGHTED

 AVERAGE

EXERCISE PRICE

RANGE OF

EXERCISE PRICES

$ 0.71-$ 0.84

460,625

4.66

$0.80

371,750

$0.79

$ 0.85-$ 1.04

65,000

2.22

$0.99

32,625

$0.98

$ 1.20-$ 1.61

330,000

8.32

$1.26

151,250

$1.23

$ 2.41-$ 3.90

283,000

8.69

$3.65

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