Quarterly report [Sections 13 or 15(d)]

Income Taxes (Tables)

v3.25.1
Income Taxes (Tables)
9 Months Ended
Feb. 28, 2025
Income Tax Disclosure [Abstract]  
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the income tax provision include:

 

    Three Months Ended  
    February 28,
2025
    February 29,
2024
 
Revenue   $ 3,854,603     $ 4,926,457  
Directly attributable costs     (1,746,724 )     (2,799,498 )
Deferred     2,107,879       2,126,959  
Tax rate     21 %     21 %
Tax expense   $ 442,655     $ 446,662  

 

    Nine Months Ended  
    February 28,
2025
    February 29,
2024
 
Revenue   $ 12,821,038     $ 15,238,198  
Directly attributable costs     (5,981,378 )     (8,665,694 )
Deferred     6,839,660       6,572,504  
Tax rate     21 %     21 %
Tax expense   $ 1,436,329     $ 1,380,226