XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
May 31, 2023
May 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income/(Loss) $ (287,116) $ (1,679,091)
Adjustments to reconcile net income/(loss) to operating cash flows:    
Issuance of common stock for services 48,750
Realized loss on sale of capital assets 25,233  
Realized loss (gain) on investment equities (32,607) (133,834)
Unrealized loss (gain) on investment equities 94,520 1,598,895
Depreciation expense 10,809
Bad Debt Expense 5,185
Changes in operating asset and liability account balances:    
Accounts receivable and lease interest receivable 12,362
Accounts payable and accrued interest payable 1,790 (14,988)
NET ADJUSTMENTS 104,930 1,511,185
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES (182,186) (167,906)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds used in purchase of equipment leased to others (68,255)
Proceeds used in purchase of vending machines (385)
Proceeds from sale of capital assets 27,000
Proceeds used in purchase of investment equities (22,140)
Proceeds provided by investment equities 76,033 133,834
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES 80,508 65,579
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds provided by issuance of common stock 26,195
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES 26,195
NET INCREASE (DECREASE) IN CASH (101,678) (76,132)
CASH – BEGINNING OF PERIOD 252,956 524,741
CASH – END OF PERIOD $ 151,278 $ 448,609