Certificates of Deposit and Marketable Securities (Tables)

6 Months Ended

Nov. 30, 2023

Certificates of Deposit and Marketable Securities [Abstract]

Schedule of Major Categories of Assets Measured at Fair Value on a Recurring Basis

The following are the major categories of assets measured at fair value on a recurring basis as of November 30, 2023 and May 31, 2023 using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2) and significant unobservable inputs (Level 3):

November 30, 2023	Level 1		Level 2		Level 3		Total
Certificates of Deposit	$	500,000	$	-	$	-	$	500,000
Equity Securities		35,760		-		-		35,760
	$	535,760	$	-	$	-	$	535,760

May 31, 2023	Level 1		Level 2		Level 3		Total
Certificates of Deposit	$	490,000	$	-	$	-	$	490,000
Equity Securities		25,152		-		-		25,152
	$	515,152	$	-	$	-	$	515,152

Schedule of Marketable Securities

The Company’s marketable securities at November 30, 2023 and May 31, 2023 are summarized as follows:

November 30, 2023	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Recorded Value
Certificates of Deposit	$	500,000	$	-	$	-	$	500,000
Equity Securities		16,866		18,894		-		35,760
	$	516,866	$	18,894	$	-	$	535,760

May 31, 2023	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses		Recorded Value
Certificates of Deposit	$	490,000	$	-	$	-	$	490,000
Equity Securities		16,866		8,286		-		25,152
	$	506,866	$	8,286	$	-	$	515,152