v3.25.2
10. Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)
12 Months Ended
May 31, 2025
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

2025

 

2024

 

Deferred tax assets:

 

 

 

 

Allowance for estimated credit losses

$118,500  

 

$6,200  

 

Tax inventory adjustment

52,600  

 

57,300  

 

Allowance for obsolete inventory

165,500  

 

188,100  

 

Accrued vacation

169,600  

 

163,000  

 

Warranty reserve

112,500  

 

100,700  

 

R&D capitalization

2,111,200  

 

1,479,800  

 

Stock options issued for services

117,700  

 

181,200  

 

2,847,600  

 

2,176,300  

 

Deferred tax liabilities:

 

 

 

 

Excess tax depreciation

(1,249,600) 

 

(1,163,685) 

 

Net deferred tax assets

$1,598,000  

 

$1,012,615