| Lessee, Finance Leases [Text Block] |
Note 16: Lease Liabilities - Financing Leases
| | | November 30, 2024 | | | May 31, 2024 | | | 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 and six months ended November 30, 2024, the Company made principal payments on this lease obligation in the amounts of $23,168 and $47,266, respectively. During the three and six months ended November 30, 2024, the Company made interest payments on this lease obligation in the amounts of $6,421 and $13,772, respectively. | | $ | 145,851 | | | $ | 193,117 | | | | | | | | | | | | | 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 and six months ended November 30, 2024, the Company made principal payments on this lease obligation in the amounts of $456 and $901, respectively. During the three and six months ended November 30, 2024, the Company made interest payments on this lease obligation in the amounts of $69 and $149, respectively. | | $ | 2,458 | | | | 3,359 | | | | | | | | | | | | | Total | | $ | 148,309 | | | $ | 196,476 | | | | | | | | | | | | | Current portion | | $ | 108,410 | | | $ | 96,224 | | | Long-term maturities | | | 39,899 | | | | 100,252 | | | Total | | $ | 148,309 | | | $ | 196,476 | |
Aggregate maturities of lease liabilities – financing leases as of November 30, 2024 are as follows:
For the period ended November 30,
|
2025
|
|
$ |
108,410 |
|
|
2026
|
|
|
39,899 |
|
|
Total
|
|
$ |
148,309 |
|
|