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Condensed Consolidated Statements of Income (unaudited) - USD ($)
3 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Condensed Consolidated Statements of Income (unaudited)    
Sales, net $ 9,923,628 $ 9,090,699
Cost of goods sold 5,539,052 5,598,942
Gross profit 4,384,576 3,491,757
Research and development costs 129,074 375,346
Selling, general and administrative expenses 2,335,957 1,938,038
Operating income 1,919,545 1,178,373
Other income, net 361,318 39,998
Income before provision for income taxes 2,280,863 1,218,371
Provision for income taxes 433,000 216,000
Net income $ 1,847,863 $ 1,002,371
Basic and diluted earnings per common share $ 0.52 $ 0.29