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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
May 31, 2023
Nov. 30, 2022
Current Assets    
Cash and cash equivalents $ 1,682,226 $ 1,623,256
Restricted cash 337,340 279,405
Receivables    
Trade accounts and notes receivable (net of allowance for doubtful accounts of $10,873 in 2023 and 2022) 59,338 73,972
Marketing fund contributions receivable from franchisees and stores 22,366 12,811
Lease receivable 5,864 5,827
Prepaid expenses and other current assets 90,730 159,226
Total Current Assets 2,197,864 2,154,497
Property, plant and equipment (net of accumulated depreciation of $159,414 in 2023 and 2022) 0 0
Lease receivable 35,364 38,305
Trademarks 461,445 461,445
Goodwill 1,493,771 1,493,771
Definite lived intangible assets (net of accumulated amortization of $136,579 in 2023 and $134,733 in 2022) 17,127 18,972
Operating lease right of use 80,802 127,617
Total Noncurrent Assets 2,088,509 2,140,110
Total Assets 4,286,373 4,294,607
Current Liabilities    
Accounts payable 14,058 5,803
Accrued expenses and other current liabilities 345,501 324,718
Current portion operating lease liability 97,602 113,883
Total Current Liabilities 854,615 769,576
Long-term Liabilities (net of current portion)    
Operating lease liability 0 39,819
Deferred franchise revenue 181,593 128,465
Deferred tax liability 255,877 281,700
Total Long-term Liabilities 412,768 449,984
Total Liabilities 1,267,383 1,219,560
Commitments and Contingencies  
Stockholders' Equity    
Common stock -$.001 par value; 15,000,000 shares authorized; 8,466,953 shares issued and 7,263,508 shares outstanding as of May 31, 2023 and November 30, 2022 13,508,257 13,508,257
Additional paid-in capital 987,034 987,034
Treasury stock (222,781) (222,781)
Accumulated deficit (11,253,520) (11,197,463)
Total Stockholders' Equity 3,018,990 3,075,047
Total Liabilities and Stockholders' Equity 4,286,373 4,294,607
Series A Preferred Stock [Member]    
Stockholders' Equity    
Preferred shares -$.001 par value; 4,000,000 authorized; no shares outstanding as of May 31, 2023 and November 30, 2022 0 0
Marketing Fund [Member]    
Current Liabilities    
Deferred revenue 359,877 291,387
Franchise [Member]    
Current Liabilities    
Deferred revenue 25,077 33,487
Long-term Liabilities (net of current portion)    
Deferred franchise revenue 156,891 128,465
License [Member]    
Current Liabilities    
Deferred revenue $ 12,500 $ 298