| Finance Lease [Table Text Block] |
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August 31, 2023
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May 31, 2023
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| Financing lease obligation under a lease agreement for extraction equipment dated March 14, 2022 in the original amount of $359,900 payable in forty-eight monthly installments of $10,173 including interest at the rate of 15.89%. During the three months ended August 31, 2023, the Company made principal and interest payments on this lease obligation in the amounts of $19,791 and $10,728, respectively. During the three months ended August 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $16,907 and $13,612, respectively. |
|
$ |
257,389 |
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$ |
277,180 |
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| Financing lease obligation under an agreement for equipment dated June 20, 2022 in the original amount of $12,400 payable in forty-eight monthly installments of $350 including interest at a rate of 15.78%. During the three months ended August 31, 2023, the Company made principal and interest payments on this lease obligation in the amounts of $728 and $244, respectively. During the three months ended August 31, 2022, the Company made principal and interest payments on this lease obligation in the amounts of $728 and $320, respectively. |
|
$ |
9,259 |
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|
9,987 |
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| |
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Total
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$ |
266,648 |
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$ |
287,167 |
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Current portion
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$ |
90,871 |
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$ |
86,887 |
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Long-term maturities
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175,777 |
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200,280 |
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Total
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|
$ |
266,648 |
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$ |
287,167 |
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| Finance Lease, Liability, to be Paid, Maturity [Table Text Block] |
Aggregate maturities of lease liabilities – financing leases as of August 31, 2023 are as follows:
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2024
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$ |
90,871 |
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2025
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106,146 |
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2026
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|
69,631 |
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2027
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- |
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2028
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- |
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Thereafter
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- |
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Total
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$ |
266,648 |
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