v3.21.4
PROPERTY AND EQUIPMENT
6 Months Ended
Nov. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

 

2. PROPERTY AND EQUIPMENT

 

Major classifications of property and equipment are summarized below:

 

    November 30, 2021     May 31, 2021  
             
Furniture and fixtures   $ 97,716     $ 84,085  
Computer equipment     135,746       108,479  
Software     30,609       27,780  
Leasehold improvements     27,146       27,146  
Property and equipment, gross     291,217       247,490  
Less: accumulated depreciation     (90,496 )     (55,398 )
Property and equipment, net   $ 200,721     $ 192,092  

 

Depreciation expense charged to income for the three months ended November 30, 2021 and 2020 amounted to $18,088 and $14,611. Depreciation expense charged to income for the six months ended November 30, 2021 and 2020 amounted to $35,098 and $28,643.