v3.25.2
Note 18 - Segment Information (Tables)
6 Months Ended
May 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

Three Months Ended May 31, 2025

 
  

Agricultural Products

  

Modular Buildings

  

Consolidated (Continuing Operations)1

 

Revenue from external customers

 $4,025,000  $2,312,000  $6,337,000 

Gross profit

  1,095,000   965,000   2,060,000 

Operating Expense

  1,144,000   406,000   1,550,000 

Income (loss) from operations

  (49,000)  559,000   510,000 

Income (loss) before tax

  1,105,000   771,000   1,876,000 

Income tax expense (benefit)

 $232,000  $162,000  $394,000 
             

Total Assets

 $17,848,000  $3,031,000  $20,879,000 

Capital expenditures2

  134,000   49,000   183,000 

Depreciation & Amortization

  148,000   42,000   190,000 

Interest expense

  85,000   14,000   99,000 

Engineering

  84,000   -   84,000 

Selling

  261,000   175,000   436,000 

General and administrative (G&A)

  799,000   231,000   1,030,000 

Corporate expense (included in G&A)

 $139,000  $45,000  $184,000 
  

Three Months Ended May 31, 2024

 
  

Agricultural Products

  

Modular Buildings

  

Consolidated (Continuing Operations)1

 

Revenue from external customers

 $4,555,000  $2,175,000  $6,730,000 

Gross profit

  1,323,000   584,000   1,907,000 

Operating Expense

  1,481,000   257,000   1,738,000 

Income (loss) from operations

  (158,000)  327,000   169,000 

Income (loss) before tax

  (323,000)  318,000   (5,000)

Income tax expense (benefit)

 $(68,000) $67,000  $(1,000)
             

Total Assets

 $19,528,000  $2,611,000  $22,139,000 

Capital expenditures

  205,000   27,000   232,000 

Depreciation & Amortization

  161,000   71,000   232,000 

Interest Expense

  150,000   9,000   159,000 

Engineering

  107,000   -   107,000 

Selling

  321,000   77,000   398,000 

General and administrative (G&A)

  1,053,000   180,000   1,233,000 

Corporate expense (included in G&A)

 $136,000  $30,000  $166,000 
  

Six Months Ended May 31, 2025

 
  

Agricultural Products

  

Modular Buildings

  

Consolidated (Continuing Operations)1

 

Revenue from external customers

 $6,973,000  $4,505,000  $11,478,000 

Gross profit

  1,883,000   1,674,000   3,557,000 

Operating Expense

  2,310,000   733,000   3,043,000 

Income (loss) from operations

  (428,000)  941,000   513,000 

Income (loss) before tax

  667,000   1,138,000   1,805,000 

Income tax expense (benefit)

 $140,000  $239,000  $379,000 
           - 

Total Assets

 $17,848,000  $3,031,000  $20,879,000 

Capital expenditures2

  200,000   65,000   265,000 

Depreciation & Amortization

  295,041   103,000   398,041 

Interest expense

  147,000   29,000   176,000 

Engineering

  169,000   -   169,000 

Selling

  467,000   319,000   786,000 

General and administrative (G&A)

  1,674,000   414,000   2,088,000 

Corporate expense (included in G&A)

 $240,000  $90,000  $330,000 
  

Six Months Ended May 31, 2024

 
  

Agricultural Products

  

Modular Buildings

  

Consolidated (Continuing Operations)1

 

Revenue from external customers

 $8,792,000  $3,662,000  $12,454,000 

Gross profit

  2,464,000   916,000   3,380,000 

Operating Expense

  3,049,000   543,000   3,592,000 

Income (loss) from operations

  (584,000)  373,000   (211,000)

Income (loss) before tax

  (897,000)  355,000   (542,000)

Income tax expense (benefit)

 $(188,000) $75,000  $(113,000)
             

Total Assets

 $19,528,000  $2,611,000  $22,139,000 

Capital expenditures

  389,000   124,000   513,000 

Depreciation & Amortization

  308,000   126,000   434,000 

Interest expense

  303,000   19,000   322,000 

Engineering

  266,000   1,000   267,000 

Selling

  707,000   154,000   861,000 

General and administrative (G&A)

  2,076,000   388,000   2,464,000 

Corporate expense (included in G&A)

 $324,000  $60,000  $384,000