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Consolidated Statements of Income - USD ($)
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
REVENUES    
Revenues $ 3,509,845 $ 3,287,087
Selling, general and administrative expenses:    
Payroll and payroll-related expenses 1,012,913 969,796
Occupancy 139,095 133,089
Advertising and promotion 12,186 14,800
Professional service fees 108,977 112,608
Travel 23,331 16,332
Employee benefit expenses 147,191 145,245
Depreciation and amortization 3,807 4,440
Marketing fund expenses 1,243,890 1,081,320
Other 203,682 201,690
Total Operating Expenses 2,895,072 2,679,320
Income from operations 614,773 607,767
Interest income 35,548 412
Income before provision for income taxes 650,321 608,179
Current tax expense 155,407 58,601
Deferred tax 27,593 117,586
Total Tax Provision. 183,000 176,187
Net Income $ 467,321 $ 431,992
Net Income per share - Basic and Diluted (in dollars per share) $ 0.06 $ 0.06
Weighted average shares outstanding - Basic and diluted (in shares) 7,263,508 7,263,508
Cash distributions declared per share (in dollars per share) $ 0.05 $ 0.04
Royalty [Member]    
REVENUES    
Revenues $ 1,944,894 $ 1,838,276
Franchise [Member]    
REVENUES    
Revenues 26,999 53,149
Licensing Fees and Other Income [Member]    
REVENUES    
Revenues 294,062 314,342
Marketing Fund [Member]    
REVENUES    
Revenues $ 1,243,890 $ 1,081,320