v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
May 31, 2026
Nov. 30, 2025
CURRENT ASSETS    
Cash and cash equivalents $ 9,436 $ 13,727
Accounts receivable, net 4,437 10,840
Inventory, net 30,445 32,694
Prepaid expenses and other current assets 4,009 4,681
Marketable debt securities 1,002 1,754
Total current assets 49,329 63,696
LONG TERM ASSETS    
Deposits for equipment 541 1,495
Right-of-use-assets, net 1,714 2,042
Property and equipment, net 4,047 7,726
Intangible assets, net 2,956 3,086
Goodwill 2,258 2,258
Deferred tax asset, net 7,395 4,134
Other assets 177 51
TOTAL ASSETS 68,417 84,488
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 9,033 15,864
Operating lease liabilities, current 777 734
Deferred revenue, current 334 496
Total current liabilities 10,144 17,094
LONG TERM LIABILITIES    
Deferred revenue, non-current 20 25
Operating lease liabilities, non-current 1,270 1,612
Total liabilities 11,434 18,731
COMMITMENTS AND CONTINGENCIES (NOTE 21)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued 0 0
Common stock, $0.001 par value, 50,000,000 shares authorized. 25,331,939 shares issued and 22,693,356 shares outstanding as of May 31, 2026, and 25,258,393 shares issued and 22,678,715 outstanding as of November 30, 2025 25 25
Additional paid-in capital 137,075 135,870
Treasury stock (2,638,583 and 2,579,678 shares purchased as of May 31, 2026 and November 30, 2025, respectively) (23,308) (22,355)
Accumulated deficit (56,383) (47,096)
Accumulated other comprehensive loss (426) (687)
Total Stockholders’ Equity 56,983 65,757
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 68,417 $ 84,488