v3.21.2
Property and Equipment
 12 Months Ended
May 31, 2021
Property, Plant and Equipment [Abstract]  
Property and Equipment
3. Property and Equipment

 

Major classifications of property and equipment are summarized below as of May 31, 2021 and 2020.

 

    May 31, 2021     May 31, 2020  
             
Furniture and fixtures   $ 84,085     $ 68,685  
Computer equipment     108,479       78,743  
Software     27,780       24,414  
Leasehold improvements     27,146       27,146  
      247,490       198,988  
Less: accumulated depreciation     (55,398 )     -  
    $ 192,092     $ 198,988  

 

Depreciation expense charged to income for the year ended May 31, 2021 amounted to $58,384. The Company did not incur depreciation expense for the period October 28, 2019 (inception) through May 31, 2020.