v3.26.3
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Aug. 31, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Estimated Useful Lives of the Various Assets

Fixed assets are recorded at cost. Depreciation is generally calculated on a straight line method and amortization of leasehold improvements is provided for on the straight-line method over the estimated useful lives of the various assets as follows:

 

Furniture, fixtures and equipment   5 - 7 years
Computer equipment   5 years
Leasehold Improvements   Estimated useful life or lease term, whichever is shorter
Schedule of Assets and Liabilities by Level Measured at Fair Value on a Recurring Basis The following table represents the Company’s assets and liabilities by level measured at fair value on a recurring basis at August 31, 2026 and November 30, 2025.

 

    August 31, 2026     November 30, 2025  
Description   Level 1     Level 2     Level 3     Level 1     Level 2     Level 3  
Assets                                    
Marketable securities   $ 9,514,350       —       —     $ 8,438,017       —       —  
Schedule of Marketable Securities

The value of these marketable securities at August 31, 2026 and November 30, 2025 is as follows:

 

    August 31,     November 30,  
    2026     2025  
Cost   $ 9,569,880     $ 8,252,278  
Gross unrealized gain     52,962       187,669  
Gross unrealized loss     (108,492 )     (1,930 )
Fair value   $ 9,514,350     $ 8,438,017  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following sets forth the computation of basic and diluted earnings per share:

 

    Nine Months Ended  
    August 31,
2026		     August 31,
2025		  
Numerator:            
             
Net Income   $ 590,815     $ 647,525  
Less: Preferred dividends     5,000       5,000  
Net income available to common shareholders   $ 585,815     $ 642,525  
                 
Denominator:                
                 
Weighted average shares outstanding – basic     5,729,038       5,646,723  
Effect of convertible preferred stock     100,000       100,000  
Effect of stock options     160,058       13,351  
                 
Weighted average shares outstanding – diluted     5,989,096       5,760,074  
                 
Basic earnings per share   $ .10     $ .11  
Diluted earnings per share   $ .10     $ .11