v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
May 31, 2026
May 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 370,283 $ 175,320
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 16,620 35,079
Gain on marketable securities (230) 42,384
Deferred income taxes (40,808) 15,010
Allowance for credit losses 19,454
Stock Compensation Expense 104,814 531,797
CHANGES IN OPERATING ASSETS AND LIABILITIES:    
Accounts receivable (130,301) (150,342)
Inventory 152,491 (595,752)
Prepaid expenses and income taxes 34,519 (232,530)
Other assets (1,305) 831
Accounts payable 1,002,344 664,348
Accrued expenses (132,146) (420,242)
NET CASH FLOWS PROVIDED BY OPERATING ACTIVITIES 1,376,281 85,357
CASH FLOWS FROM INVESTING ACTIVITIES:    
Acquisition of fixed assets (10,220) (114,057)
Acquisition of marketable securities (4,219,142) (2,320,651)
Proceeds from the sale of marketable securities 2,753,000 630,000
NET CASH FLOWS PROVIDED BY (USED IN) INVESTING ACTIVITIES (1,476,362) (1,804,708)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of stock options 105,750
NET CASH FLOWS FROM FINANCING ACTIVITIES 105,750
NET CHANGE IN CASH (100,081) (1,613,601)
CASH AT BEGINNING OF PERIOD 5,331,609 5,627,693
CASH AT END OF PERIOD 5,231,528 4,014,092
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Income taxes paid 207,876 271,972
Interest paid
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Accrued dividends on preferred stock 2,500 2,500
Operating lease assets and liabilities $ 146,601