v3.26.1
Note 6 - Goodwill and Other Intangible Assets
6 Months Ended
May 31, 2026
Notes to Financial Statements  
Intangible Asset and Goodwill [Text Block]

6. Goodwill and Other Intangible Assets

 

Management reviewed and updated the qualitative assessment conducted during the second quarter 2026 and does not believe that any impairment exists.

 

The net book value of goodwill and intangible assets with indefinite and definite lives are as follows:

 

   

Goodwill

   

Trademarks

   

Definite Lived

Intangibles

   

Total

 
                                 

Net Balance as of November 30, 2024

  $ 1,493,771     $ 461,445     $ 13,272     $ 1,968,488  

Additions

    -       -       4,049       4,049  

Amortization expense

    -       -       (4,081 )     (4,081 )

Net Balance as of November 30, 2025

  $ 1,493,771     $ 461,445     $ 13,240     $ 1,968,456  

Additions

    -       -       -       -  

Amortization expense

    -       -       (13,240 )     (13,240 )

Net Balance as of May 31, 2026

  $ 1,493,771     $ 461,445     $ -     $ 1,955,216