Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Aug. 31, 2022
Aug. 31, 2021
Income Statement [Abstract]    
Revenue $ 6,044,927 $ 5,500,710
Cost of goods sold 3,002,730 2,604,467
Gross margin 3,042,197 2,896,243
Selling, general and administrative expenses 3,202,302 2,895,794
Total operating expenses 3,202,302 2,895,794
Operating loss (160,105) 449
Interest expense, net 766,670 418,592
Loss on equity investment 234,430 0
Gain on settlement of note receivable (348,165) (1,174,082)
Total other (income) expense 652,935 (755,490)
Income (Loss) before income taxes (813,040) 755,939
Provision for income tax (519,085) (328,340)
Net income (loss) (1,332,125) 427,599
Non-controlling interest loss 183,647 0
Net income (loss) attributable to CLS Holdings, Inc. $ (1,148,478) $ 427,599
Net income (loss) per share - basic (in Dollars per share) $ (0.04) $ 0.01
Net income (loss) per share - diluted (in Dollars per share) $ (0.04) $ 0.01
Weighted average shares outstanding - basic (in Shares) 32,052,021 31,996,250
Weighted average shares outstanding - diluted (in Shares) 32,052,021 32,013,750