v3.21.4
INTANGIBLE ASSETS (Tables)
 6 Months Ended
Nov. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets consist of the following:

 

    November 30, 2021     May 31, 2021  
             
Trade names / trademarks   $ 806,000     $ 806,000  
Customer relationships     7,633,000       7,633,000  
Non-compete agreements     313,000       313,000  
Finite lived intangible assets, gross     8,752,000       8,752,000  
Less: Accumulated amortization     (1,060,721 )     (707,147 )
Finite lived intangible assets, net   $ 7,691,279     $ 8,044,853  
SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE

Estimated amortization expense for the next five years and thereafter is as follows:

 

Twelve Months Ending November 30,      
2022   $ 353,574  
2023     707,148  
2024     602,814  
2025     602,814  
2026     602,814  
Thereafter     4,822,114  
Intangible assets, net   $ 7,691,279