v3.26.3
Consolidated Balance Sheets - USD ($)
Aug. 31, 2026
Nov. 30, 2025
Current Assets    
Cash and cash equivalents $ 1,425,663 $ 319,031
Marketable securities 2,803,292 2,977,013
Accounts receivable (net of allowance for doubtful accounts of $4,366,902 and $4,306,410, respectively) 6,833,879 6,846,180
Prepaid expenses 490,985 573,218
Inventory, current portion 533,557 408,794
Other current assets 1,084,964 633,985
Total current assets 13,172,340 11,758,221
Property and Equipment-net 20,541,106 21,034,372
Other Assets    
Intangible assets, net 829,611 863,074
Inventory, net of current portion 700,000 776,000
Goodwill 1,941,411 1,941,411
Deferred tax assets 23,620,711 23,620,711
Operating lease right-of-use asset 529,033 819,626
Deposits and other assets, net 968,487 915,099
Total other assets 28,589,253 28,935,921
Total assets 62,302,699 61,728,514
Current Liabilities    
Accounts payable 2,420,910 2,870,771
Accrued expenses 2,565,375 4,278,027
Note payable 199,184 183,650
Line of credit 0 2,300,000
Current portion of operating lease liability 426,861 430,221
Deferred revenue 9,719,618 9,730,318
Total current liabilities 15,331,948 19,792,987
Other Liabilities    
Deferred revenue, net of current portion 54,252,512 50,974,678
Note payable, net of current portion and debt issuance costs 8,040,405 8,170,130
Operating lease long-term liability 150,342 474,628
Long-term liability - revenue sharing agreements 875,000 875,000
Other liabilities 47,020 47,020
Total other liabilities 63,365,279 60,541,456
Total liabilities 78,697,227 80,334,443
Commitments and contingencies (Note 9) 0 0
Stockholders' Deficit    
Preferred stock 0 0
Common stock ($.01 par value, 20,000,000 authorized; 14,884,619 issued and 8,062,650 outstanding as of August 31, 2026 and 14,877,119 issued and 8,055,150 outstanding as of November 30, 2025) 148,846 148,771
Additional paid-in capital 45,047,738 44,708,596
Treasury stock, at cost (25,025,058) (25,025,058)
Accumulated deficit (36,566,054) (38,438,238)
Total stockholders' deficit (16,394,528) (18,605,929)
Total liabilities and stockholders' deficit 62,302,699 61,728,514
Series A Junior Participating Preferred Stock [Member]    
Stockholders' Deficit    
Preferred stock $ 0 $ 0