v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2020
May 31, 2020
Statement of Financial Position [Abstract]    
Cash and cash equivalents $ 2,887,102 $ 2,925,568
Accounts Receivable 462,504 161,409
Inventory 718,044 575,242
Prepaid expenses and other current assets 335,304 234,092
Interest receivable - current portion 2,756 3,322
Notes receivable - current portion 3,353,306 4,042,175
Total current assets 7,759,016 7,941,808
Property, plant and equipment, net of accumulated depreciation of $1,009,092 and $868,200 3,719,538 3,775,509
Right of use assets, operating leases 1,316,599 1,403,429
Intangible assets, net of accumulated amortization of $272,257 and $242,389 1,391,336 1,421,204
Goodwill 557,896 557,896
Other assets 167,455 167,455
Total assets 14,911,840 15,267,301
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued liabilities 1,410,703 1,172,883
Accrued interest 267,946 222,433
Lease liability - operating leases, current 257,384 336,900
Contingent liability 150,000 150,000
Total current liabilities 2,086,033 1,882,216
Lease liability - operating leases, non-current 1,113,050 1,136,151
Convertible notes payable - Long Term, net of discount of $1,843,659 and $2,238,730 18,252,153 17,644,482
Total Liabilities 21,451,236 20,662,849
Commitments and contingencies 0 0
Preferred stock, $0.001 par value; 20,000,000 shares authorized; no shares issued 0 0
Common stock, $0.0001 par value; 750,000,000 shares authorized at August 31 and May 31, 2020; 126,521,416 shares issued and outstanding at August 31 and May 31, 2020 12,653 12,653
Additional paid-in capital 71,196,814 71,196,814
Common stock subscribed 242,297 241,109
Accumulated deficit (77,991,160) (76,846,124)
Total stockholder's equity (deficit) (6,539,396) (5,395,548)
Total liabilities and stockholders' equity (deficit) $ 14,911,840 $ 15,267,301

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