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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Cash flows from operating activities:    
Consolidated net income (loss) $ 6,713,860 $ (244,387)
Adjustments to reconcile consolidated net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 110,612 47,543
Unrealized loss on marketable securities, net 6,336 11,664
Deferred income taxes 9,000 (74,000)
Non-cash lease recovery (30,193) (18)
Non-cash Right-of-use asset impairment charge 136,599
Forgiveness of principal and accrued interest on SBA PPP loan (6,735,246)
Non-cash stock-based compensation expense 354,498
Changes in operating assets and liabilities:    
Accounts receivable (1,111,808) (171,442)
Other receivables (2,820) (24,136)
Prepaid expenses (43,995) (143,308)
Prepaid and recoverable income taxes (7,055) 31,642
Other assets (56,967) (26,789)
Accounts payable, other payables, accrued expenses and other current liabilities 126,662 1,434,986
Advances from customers (668) (11,401)
Legal settlement payable (284,144) 19,643
Net cash (used in) provided by operating activities (951,928) 986,596
Cash flows from investing activities:    
Purchase of Geneva Consulting Group, Inc., net of cash acquired of $241,946 (3,100,114)
Purchases of equipment and leasehold improvements (74,945) (22,659)
Net cash used in investing activities (74,945) (3,122,773)
Cash flows from financing activities:    
Net repayments on Credit Facility (48,573) (401,097)
Distribution to noncontrolling interest (27,390)
Net cash used in financing activities (75,963) (401,097)
Net decrease in cash and cash equivalents (1,102,836) (2,537,274)
Cash and cash equivalents at beginning of period 7,370,646 9,730,022
Cash and cash equivalents at end of period 6,267,810 7,192,748
Supplemental disclosures of cash flow data:    
Income taxes paid 11,000 8,000
Non-cash investing and financing activities:    
Right-of-use asset and operating lease liability $ 261,000