v3.26.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
May 31, 2026
Nov. 30, 2025
Current Assets    
Cash $ 2,215,397 $ 2,153,597
Restricted cash 341,057 156,625
Receivables    
Trade accounts and notes receivable (net of allowance for credit losses of $49,350 in 2026 and $49,350 in 2025) 61,285 57,548
Marketing fund contributions receivable from franchisees and stores 24,934 19,930
Prepaid expenses and other current assets 50,351 112,475
Total Current Assets 2,693,024 2,500,175
Property, plant and equipment (net of accumulated depreciation of $160,414 in 2026 and $159,814 in 2025) 2,597 3,197
Trademarks 461,445 461,445
Goodwill 1,493,771 1,493,771
Definite lived intangible assets (net of accumulated amortization of $146,745 in 2025) 0 13,240
Operating lease right of use 278,613 308,768
Total Noncurrent Assets 2,236,426 2,280,421
Total Assets 4,929,450 4,780,596
Current Liabilities    
Accounts payable 3,825 8,477
Income tax payable 41,478 0
Accrued expenses and other current liabilities 208,302 328,561
Current portion operating lease liability 59,003 55,315
Total Current Liabilities 718,807 586,323
Long-term Liabilities (net of current portion)    
Operating lease liability 252,895 274,900
Deferred tax liability 274,716 331,742
Total Long-term Liabilities 658,047 729,821
Total Liabilities 1,376,854 1,316,144
Stockholders' Equity    
Preferred shares -$.001 par value; 4,000,000 authorized; no shares issued or outstanding as of May 31, 2026 and November 30, 2025 0 0
Preferred shares -$.001 par value; 1,000,000 Series A authorized; no shares issued or outstanding as of May 31, 2026 and November 30, 2025 0 0
Common stock -$.001 par value; 15,000,000 shares authorized; 8,466,953 shares issued and 7,263,508 shares outstanding as of May 31, 2026 and November 30, 2025 13,508,257 13,508,257
Additional paid-in capital 987,034 987,034
Treasury stock (222,781) (222,781)
Accumulated deficit (10,719,914) (10,808,058)
Total Stockholders' Equity 3,552,596 3,464,452
Total Liabilities and Stockholders' Equity 4,929,450 4,780,596
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred shares -$.001 par value; 4,000,000 authorized; no shares issued or outstanding as of May 31, 2026 and November 30, 2025 0 0
Preferred shares -$.001 par value; 1,000,000 Series A authorized; no shares issued or outstanding as of May 31, 2026 and November 30, 2025 0 0
Marketing Fund [Member]    
Current Liabilities    
Contract Liabilities - Current 359,469 169,033
Franchise [Member]    
Current Liabilities    
Contract Liabilities - Current 46,730 24,937
Long-term Liabilities (net of current portion)    
Deferred franchise revenue $ 130,436 $ 123,179