v3.26.3
Income Taxes (Tables)
9 Months Ended
Aug. 31, 2026
Income Taxes [Abstract]  
Schedule of Deferred Income Taxes

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

 

    August 31,     November 30,  
    2026     2025  
Deferred Tax Assets            
Depreciation   $ 36,386     $ 35,837  
Allowance for bad debts     27,264       27,264  
Inventory     97,615       68,696  
Facilities rental     39,811       40,876  
Other Accrued Accounts     90,688       56,539  
                 
Total deferred tax assets     291,764       229,212  
Valuation allowance     -       -  
Deferred Tax Assets   $ 291,764     $ 229,212  
Schedule of Income Tax Expense

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

 

    Nine Months Ended  
    August 31,
2026
    August 31,
2025
 
Current:            
Federal   $ 193,085     $ 330,816  
States     57,087       25,743  
      250,172       356,559  
                 
Deferred:                
Federal     49,415       (2,135 )
States     13,137       (831 )
      62,552       (2,966 )
Provision for income taxes   $ 312,724     $ 353,593  
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:

 

    Nine Months Ended  
    August 31,     August 31,  
    2026     2025  
U.S Federal Income tax statutory rate     21 %     21 %
State income taxes     7 %     5 %
Other-primarily state franchise taxes     7 %     9 %
Effective tax rate     35 %     35 %