Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Current Assets

v3.23.3
Prepaid Expenses and Other Current Assets
 3 Months Ended
Aug. 31, 2023
Disclosure Text Block Supplement [Abstract]  
Other Assets Disclosure [Text Block]

Note 6: Prepaid Expenses and Other Current Assets

 

Prepaid expenses and other current assets consisted of the following at August 31, 2023 and May 31, 2023:

 

   

August 31,

    

May 31,

  
   

2023

    

2023

  

Prepaid expenses

     125,148       147,953  

Employee receivable

     -       1,000  

Total

   $ 125,148     $ 148,953  

 

Prepaid expenses consist primarily of annual license fees charged by the State of Nevada; these fees are paid in advance and amortized over the one-year term of the licenses.