v3.25.2
6. Property and Equipment
12 Months Ended
May 31, 2025
Notes  
6. Property and Equipment:

6.  Property and Equipment:

 

2025

 

2024

Land

$195,220 

 

$195,220 

Buildings and improvements

10,160,842 

 

10,054,459 

Machinery and equipment

17,950,644 

 

15,956,076 

Office furniture and equipment

3,193,150 

 

3,113,921 

Autos and trucks

91,717 

 

24,818 

Land improvements

662,168 

 

662,168 

32,253,741 

 

30,006,662 

Less accumulated depreciation

20,179,569 

 

18,825,729 

$12,074,172 

 

$11,180,933 

 

Depreciation expense was $1,708,849 and $1,690,239 for the years ended May 31, 2025 and 2024.

 

The Company has commitments to make capital expenditures of approximately $1,853,000 as of May 31, 2025.