v3.26.1
Income Taxes (Tables)
6 Months Ended
May 31, 2026
Income Taxes [Abstract]  
Schedule of Deferred Income Taxes

The Company’s deferred income taxes are comprised of the following:

 

    May 31,     November 30,  
    2026     2025  
Deferred Tax Assets            
Depreciation   $ 34,714     $ 35,837  
Allowance for bad debts     27,264       27,264  
Inventory     68,696       68,696  
Facilities rental     39,599       40,876  
Other Accrued Accounts     99,747       56,539  
                 
Total deferred tax assets     270,020       229,212  
Valuation allowance     -       -  
Deferred Tax Assets   $ 270,020     $ 229,212  
Schedule of Income Tax Expense

The Company’s income tax expense consists of the following:

 

    Six Months Ended  
    May 31,
2026
    May 31,
2025
 
Current:            
Federal   $ 140,313     $ 36,794  
States     43,785       14,310  
      184,098       51,104  
                 
Deferred:                
Federal     (29,382 )     10,807  
States     (11,426 )     4,203  
      (40,808 )     15,010  
Provision for income taxes   $ 143,290     $ 66,114  
Schedule of Reconciliation Effective Tax Rate

The Company files a consolidated income tax return with its wholly-owned subsidiaries. A reconciliation of the difference between the expected income tax rate using the statutory federal tax rate and the Company’s effective rate is as follows:

 

    Six Months Ended  
    May 31,     May 31,  
    2026     2025  
U.S Federal Income tax statutory rate     21 %     21 %
State income taxes     5 %     5 %
Other-primarily state franchise taxes     2 %     1 %
Effective tax rate     28 %     27 %