v3.26.1
10. Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
12 Months Ended
May 31, 2026
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

2026

 

2025

 

Current tax provision:

 

 

 

 

Federal

$100,000 

 

$2,204,000  

 

State

100 

 

1,000  

 

100,100 

 

2,205,000  

 

Deferred tax provision (benefit):

 

 

 

 

Federal

324,900 

 

(585,000) 

 

State

- 

 

 

 

324,900 

 

(585,000) 

 

$425,000 

 

$1,620,000