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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
May 31, 2025
Nov. 30, 2024
Current Assets    
Cash $ 2,048,454 $ 2,177,586
Restricted cash 286,328 159,704
Receivables    
Trade accounts and notes receivable (net of allowance for credit losses of $50,129 in 2025 and $51,103 in 2024) 64,630 70,090
Marketing fund contributions receivable from franchisees and stores 20,270 17,394
Prepaid expenses and other current assets 47,156 84,825
Total Current Assets 2,466,838 2,509,599
Property, plant and equipment (net of accumulated depreciation of $159,414 in both 2025 and 2024. 0 0
Trademarks 461,445 461,445
Goodwill 1,493,771 1,493,771
Definite lived intangible assets (net of accumulated amortization of $144,625 in 2025 and $142,664 in 2024) 13,492 13,272
Operating lease right of use 337,669 365,714
Total Noncurrent Assets 2,306,377 2,334,202
Total Assets 4,773,215 4,843,801
Accrued expenses and other current liabilities 300,672 409,179
Accounts payable 1,085 1,313
Income tax payable 68,829 80,695
Current portion operating lease liability 51,173 47,846
Total Current Liabilities 734,327 725,142
Deferred tax liability 277,998 317,132
Operating lease liability 311,898 330,215
Deferred franchise revenue 127,756 130,094
Total Long-term Liabilities 717,652 777,441
Total Liabilities 1,451,979 1,502,583
Additional paid-in capital 987,034 987,034
Preferred shares - value 0 0
Common stock -$.001 par value; 15,000,000 shares authorized; 8,466,953 shares issued and 7,263,508 shares outstanding as of May 31, 2025 and November 30, 2024 13,508,257 13,508,257
Treasury stock (222,781) (222,781)
Accumulated deficit (10,951,274) (10,931,292)
Total Stockholders' Equity 3,321,236 3,341,218
Total Liabilities and Stockholders' Equity 4,773,215 4,843,801
Series A Preferred Stock [Member]    
Receivables    
Preferred shares - value 0 0
Marketing Fund [Member]    
Receivables    
Contract Liabilities - Current 291,793 164,756
Franchise [Member]    
Receivables    
Contract Liabilities - Current 20,775 21,353
Deferred franchise revenue $ 127,756 $ 130,094