v3.25.2
Consolidated Balance Sheets - USD ($)
May 31, 2025
Nov. 30, 2024
Current assets:    
Cash $ 4,014,092 $ 5,627,693
Marketable Securities 8,799,630 7,108,979
Accounts receivable - net of allowance for credit losses of $99,751 and $80,297 6,091,306 5,960,418
Inventory, net 5,596,459 5,000,707
Prepaid expenses and income taxes 522,931 290,401
Total current assets 25,024,418 23,988,198
Fixed assets – net of accumulated depreciation and amortization of $1,863,235 and $1,828,156 189,705 110,727
Operating lease right of use asset 900,318 1,050,445
Deferred income taxes 245,846 260,856
Other assets 34,299 34,299
Total assets 26,394,586 25,444,525
Current liabilities:    
Accounts payable 4,009,300 3,344,952
Operating lease liabilities, current maturities 255,009 330,166
Accrued expenses and taxes 554,857 688,640
Accrued salaries 430,920 714,879
Total current liabilities 5,250,086 5,078,637
Operating lease liabilities net of current maturities 802,669 876,808
Total liabilities 6,052,755 5,955,445
Commitments and contingencies
Shareholders’ equity:    
Preferred stock value
Common stock - $.001 par value, 50,000,000 shares authorized, 5,706,732 and 5,582,783 shares issued and outstanding 5,705 5,581
Additional paid-in capital 18,362,943 17,725,520
Accumulated other comprehensive income – unrealized gain on marketable debt securities 127,714 85,330
Accumulated equity 1,845,459 1,672,639
Total shareholders’ equity 20,341,831 19,489,080
Total liabilities and shareholders’ equity 26,394,586 25,444,525
Series C Preferred Stock    
Shareholders’ equity:    
Preferred stock value 10 10
Series D Preferred Stock    
Shareholders’ equity:    
Preferred stock value