XML 17 R2.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Nov. 30, 2025
Nov. 30, 2024
Current Assets    
Cash $ 2,153,597 $ 2,177,586
Restricted cash 156,625 159,704
Receivables    
Trade accounts and notes receivable (net of allowance for credit losses of $49,350 in 2025 and $51,103 in 2024 ) 57,548 70,090
Marketing fund contributions receivable from franchisees and stores 19,930 17,394
Prepaid expenses and other current assets 112,475 84,825
Total Current Assets 2,500,175 2,509,599
Property, plant and equipment (net of accumulated depreciation of $159,814 in 2025 and $159,414 in 2024) 3,197 0
Trademarks 461,445 461,445
Goodwill 1,493,771 1,493,771
Definite lived intangible assets (net of accumulated amortization of $146,745 in 2025 and $142,664 in 2024 13,240 13,272
Operating lease right of use 308,768 365,714
Total Noncurrent Assets 2,280,421 2,334,202
Total Assets 4,780,596 4,843,801
Accrued expenses and other current liabilities 328,561 409,179
Accounts payable 8,477 1,313
Income tax payable 0 80,695
Current portion operating lease liability 55,315 47,846
Total Current Liabilities 586,323 725,142
Deferred tax liability 331,742 317,132
Operating lease liability 274,900 330,215
Deferred franchise revenue 123,179 130,094
Total Long-term Liabilities 729,821 777,441
Total Liabilities 1,316,144 1,502,583
Additional paid-in capital 987,034 987,034
Preferred shares - value 0 0
Common stock -$.001 par value; 15,000,000 shares authorized; 8,466,953 shares issued and 7,263,508 shares outstanding as of November 30, 2025 and November 30, 2024 13,508,257 13,508,257
Treasury stock (222,781) (222,781)
Accumulated deficit (10,808,058) (10,931,292)
Total Stockholders' Equity 3,464,452 3,341,218
Total Liabilities and Stockholders' Equity 4,780,596 4,843,801
Series A Preferred Stock [Member]    
Receivables    
Preferred shares - value 0 0
Marketing Fund [Member]    
Receivables    
Contract Liabilities - Current 169,033 164,756
Franchise [Member]    
Receivables    
Contract Liabilities - Current 24,937 21,353
Deferred franchise revenue $ 123,179 $ 130,094