Note 9 - Employee Benefit Plan

12 Months Ended

Nov. 30, 2019

Notes to Financial Statements

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note

9

– Employee Benefit Plan

The Company maintains a qualified

401

(k) plan which allows participants to make pretax contributions. In fiscal

2015,

the Company amended the

401

(k) plan, establishing it as a Safe Harbor plan effective

January 1, 2015.

Employee contributions are matched by the Company in accordance with the Plan up to a maximum of

4%

of employee earnings. The Company

may

also make discretionary contributions to the Plan. In fiscal

2019

and

2018

the Company’s employer match was

$40,000

and

$40,000,

respectively. There were

no

Company discretionary contributions in

2019

or

2018.