Annual report pursuant to Section 13 and 15(d)

OTHER ASSETS

v3.24.2.u1
OTHER ASSETS
12 Months Ended
May 31, 2024
Other Noncurrent Assets Disclosure Abstract  
Other Non-current Assets Disclosure [Text Block]

NOTE 12 OTHER ASSETS

 

Other assets included the following as of May 31, 2024 and May 31, 2023:

 

   

May 31,

   

May 31,

 
   

2024

   

2023

 

Security deposits

    157,500       157,500  
    $ 157,500     $ 157,500  

 

During the year ended May 31, 2023, the Company recorded an impairment charge in the amount of $30,000 in connection with a construction deposit held by our 50% owned subsidiary Kealii Okamalu. See note 4.