Note 9 - Employee Benefit Plan

12 Months Ended

Nov. 30, 2023

Notes to Financial Statements

Retirement Benefits [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 2023 and 2022 the Company’s employer match was $38,700 and $40,100, respectively. There were no Company discretionary contributions in 2023 or 2022.