v3.26.1
LEASES (Tables)
3 Months Ended
Feb. 28, 2026
Leases [Abstract]  
Schedule of Lease Cost
The following table presents the various components of operating lease costs:
Three Months Ended
February 28, 2026
February 28, 2025
Operating lease cost
$
86,225 
$
74,282 
Short-term lease cost
14,908 
19,654 
Variable lease cost
14,430 
12,471 
Sublease income
(455)
(1,867)
Total operating lease cost
$
115,108 
$
104,540 
The weighted-average remaining lease term and discount rate as of February 28, 2026 and November 30, 2025 were as follows:
As of
February 28, 2026
November 30, 2025
Weighted-average remaining lease term (years)
4.26
4.20
Weighted-average discount rate
6.92 
%
6.85 
%
Operating Lease Liability Maturity Schedule
The following table presents a maturity analysis of expected undiscounted cash flows for operating leases on an annual basis for the next five fiscal years and thereafter as of February 28, 2026:
Fiscal Years Ending November 30,
2026 (remaining nine months)
$
248,320 
2027
276,003 
2028
217,948 
2029
150,790 
2030
90,161 
Thereafter
108,999 
Total payments
1,092,221 
Less: imputed interest*
153,104 
Total present value of lease payments
$
939,117 
*Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.
Schedule of Amounts Recorded In Consolidated Balance Sheet Related to Operating Leases
The following amounts were recorded in the consolidated balance sheets related to the Company’s operating leases:
As of
Description
Balance Sheet location
February 28, 2026
November 30, 2025
Operating lease ROU assets
Other assets
$
895,382 
$
857,025 
Current operating lease liabilities
Other accrued liabilities
265,412 
256,739 
Non-current operating lease liabilities
Other long-term liabilities
673,705 
641,444 
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table presents supplemental cash flow information related to the Company’s operating leases. Cash payments related to variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
Three Months Ended
February 28, 2026
February 28, 2025
Cash paid for amounts included in the measurement of lease liabilities
$
74,774 
$
80,490 
Non-cash ROU assets obtained in exchange for lease liabilities
70,709 
40,593