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2. SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Feb. 29, 2020
Accounting Policies [Abstract]  
Disaggregation of Revenue

   2/29/2020  2/23/2019
Microcircuits  $1,828   $882 
Optoeletronics   1,574    1,249 
Sensors and Displays   2,555    1,674 
   $5,957   $3,805 
           
Timing of revenue recognition          
Transferred at a point in time  $5,093   $3,522 
Transferred over time   864    283 
    Total Revenue  $5,957   $3,805 

 

Net sales by major market

2020 First Quarter Sales by Major Market
     Military      Space      Medical      Commercial      Total  
Domestic Direct  $1,142   $685   $757   $395   $2,979 
Domestic Distribution   2,492    —      5    110    2,607 
International   168    171    —      32    371 
   $3,802   $856   $762   $537   $5,957 
                          
2019 First Quarter Sales by Major Market
    Military     Space     Medical    Commercial    Total 
Domestic Direct  $919   $276   $765   $309   $2,269 
Domestic Distribution   1,175    —      —      56    1,231 
International   86    135    —      84    305 
   $2,180   $411   $765   $449   $3,805 

 

Receivables, net, contract assets and contract liabilities

   February 29, 2020  November 30, 2019
Receivables, net  $3,475   $3,382 
Contract assets  $864   $519 
Deferred Revenue  $242   $390 

 

Property and equipment schedule of useful lives

Buildings....................................................................................................................................................15

Facility improvements......................................................................................................................... 8-15

Machinery and equipment................................................................................................................. 5-10

Furniture and fixtures ...........................................................................................................................5-8

 

Undiscounted future minimum leases

   2/29/2020
 2020   $39,000 
 2021    53,000 
 2022    55,000 
 2023    14,000 
 Total lease payments    161,000 
 Interest    8,000 
 Present value of lease liabilities   $153,000