v3.26.1
6. Property and Equipment
12 Months Ended
May 31, 2026
Notes  
6. Property and Equipment:

6.  Property and Equipment:

 

2026

 

2025

Land

$195,220 

 

$195,220 

Buildings and improvements

10,493,928 

 

10,160,842 

Machinery and equipment

19,590,503 

 

17,950,644 

Office furniture and equipment

3,252,655 

 

3,193,150 

Autos and trucks

91,717 

 

91,717 

Land improvements

662,168 

 

662,168 

34,286,191 

 

32,253,741 

Less accumulated depreciation

21,980,091 

 

20,179,569 

$12,306,100 

 

$12,074,172 

 

Depreciation expense was $1,904,373 and $1,708,849 for the years ended May 31, 2026 and 2025.

 

The Company has commitments to make capital expenditures of approximately $1,770,000 as of May 31, 2026.