v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
May 31, 2026
May 31, 2025
May 31, 2026
May 31, 2025
Income Statement [Abstract]        
Net sales $ 9,361,694 $ 8,916,725 $ 17,555,601 $ 16,148,463
Cost of goods sold 6,471,371 6,228,322 12,256,869 11,414,358
Gross profit 2,890,323 2,688,403 5,298,732 4,734,105
Operating expenses:        
Selling and shipping expenses 888,011 678,852 1,722,191 1,332,219
General and administrative expenses 1,537,804 1,929,441 3,259,082 3,308,703
Depreciation and amortization 5,829 19,462 16,620 35,079
Total operating expenses 2,431,644 2,627,755 4,997,893 4,676,001
Income before other income (expense) and income taxes 458,679 60,648 300,839 58,104
Other income (expense):        
Investment income 108,437 58,364 212,734 183,330
Other income (expense) 108,437 58,364 212,734 183,330
Income before income taxes 567,116 119,012 513,573 241,434
Income taxes 162,558 1,048 143,290 66,114
Net income 404,558 117,964 370,283 175,320
Dividends on preferred stock 2,500 2,500
Net income available to common shareholders $ 404,558 $ 117,964 $ 367,783 $ 172,820
Net income per share available to common shareholders:        
Net income per share available to common shareholders - Basic (in Dollars per share) $ 0.07 $ 0.02 $ 0.06 $ 0.03
Net income per share available to common shareholders - Diluted (in Dollars per share) $ 0.07 $ 0.02 $ 0.06 $ 0.03
Weighted Shares Outstanding:        
Weighted Shares Outstanding – Basic 5,731,971 5,649,263 5,724,465 5,616,388
Weighted Shares Outstanding – diluted 5,989,141 5,754,199 5,981,635 5,721,324