v3.21.4
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Nov. 30, 2021
Nov. 30, 2020
Income Statement [Abstract]        
Revenue $ 5,414,002 $ 4,907,889 $ 10,914,712 $ 8,688,758
Cost of goods sold 2,684,190 2,209,323 5,288,657 3,998,183
Gross margin 2,729,812 2,698,566 5,626,055 4,690,575
Selling, general and administrative expenses 3,052,433 2,801,118 5,948,227 5,205,561
Total operating expenses 3,052,433 2,801,118 5,948,227 5,205,561
Operating loss (322,621) (102,552) (322,172) (514,986)
Other (income) expense:        
Interest expense, net 407,880 746,824 826,472 1,479,426
Gain on settlement of note receivable (522,246) 0 (1,696,328) 0
Total other (income) expense (114,366) 746,824 (869,856) 1,479,426
Income (Loss) before income taxes (208,255) (849,376) 547,684 (1,994,412)
Provision for income tax (140,717) 0 (469,057) 0
Net income (loss) before non-controlling interest (348,972) (849,376) 78,627 (1,994,412)
Non-controlling interest 3,500 0 3,500 0
Net income (loss) attributable to CLS Holdings USA, Inc. $ (345,472) $ (849,376) $ 82,127 $ (1,994,412)
Net income (loss) per share - basic (in Dollars per share) $ 0 $ (0.01) $ 0 $ (0.02)
Net income (loss) per share - diluted (in Dollars per share) $ 0 $ (0.01) $ 0 $ (0.02)
Weighted average shares outstanding - basic (in Shares) 128,158,080 126,548,887 128,071,067 126,535,075
Weighted average shares outstanding - diluted (in Shares) 128,158,080 126,548,887 128,141,067 126,535,075

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