|3 Months Ended|
Aug. 31, 2022
|Disclosure Text Block Supplement [Abstract]|
|Goodwill Disclosure [Text Block]||
Note 11 – Goodwill
Goodwill in the amount of $557,896 is carried on the Company’s balance sheet at August 31, 2022 and May 31, 2022 in connection with the acquisition of Alternative Solutions on June 27, 2018.
Goodwill Impairment Test
The Company assessed its intangible assets as of May 31, 2022 and 2021 for purposes of determining if an impairment existed as set forth in ASC 350 – Intangibles – Goodwill and Other and ASC 360 – Property Plant and Equipment. Pursuant to ASC 360, the Company determined that the fair value of its intangible assets exceeded the carrying value of goodwill at August 31, 2022 and May 31, 2022. As a result, no impairment was recorded. At August 31, 2022 and May 31, 2022, the net amount of goodwill on the Company’s balance sheet was $557,896.
The entire disclosure for goodwill.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef