Commitments and Contingencies (Details Narrative) - USD ($) |
12 Months Ended | |||
---|---|---|---|---|
May 29, 2020 |
May 31, 2021 |
Jun. 17, 2021 |
May 31, 2020 |
|
Factoring fees | $ 4,472,000 | |||
Trade accounts receivables | 233,896,000 | $ 4,785,000 | ||
Factoring Agreement [Member] | ||||
Trade accounts receivables | $ 31,750,000 | $ 3,900,000 | ||
Agreement [Member] | Subsequent Event [Member] | ||||
Line of credit | $ 2,000,000 | |||
Maximum [Member] | Secured Accounts Receivables [Member] | ||||
Line of credit | $ 25,000,000 | |||
Minimum [Member] | Secured Accounts Receivables [Member] | ||||
Line of credit | $ 12,000,000 | |||
Corefund Capital, LLC [Member] | ||||
Fees payable discriptions | The Facility includes fees payable to Core based on the number of days between the date on which an account was purchased by Core and the date on which the Company repurchased the account or the customer paid, as follows: (i) Less than or equal to 30 days, a 1.5% fee; (ii) more than 30 days but less than or equal to 40 days, a 1.75% fee; (iii) more than 40 days but less than or equal to 50 days, a 2.0% fee; (iv) more than 50 days but less than or equal to 60 days, a 2.25% fee; (v) more than 60 days but less than or equal to 90 days, a 2.50% fee; (vi) if more than 90 days, a 2.50% fee for each additional week or portion thereof. | |||
Corefund Capital, LLC [Member] | Maximum [Member] | ||||
Accounts receivable | $ 12,000,000 |