CONDENSED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 28, 2021	Nov. 30, 2020
CURRENT ASSETS
Cash and cash equivalents	$ 14,376	$ 14,619
Receivables, net of allowance for doubtful accounts of $0 at August 28, 2021 and November 30, 2020	3,288	2,639
Income tax receivable	0	200
Contract assets	826	512
Inventories:
Raw materials and supplies	5,544	5,792
Work-in process	3,341	3,345
Total inventories	8,885	9,137
Prepaid expenses and other assets	439	515
Total current assets	27,814	27,622
PROPERTY, PLANT AND EQUIPMENT, at cost:
Land	1,518	1,518
Buildings	498	498
Facility improvements	1,109	1,109
Furniture and fixtures	1,018	1,015
Construction in process	3,970	1,044
Machinery and equipment	9,333	9,169
Total property, plant, and equipment	17,446	14,353
Less accumulated depreciation	(10,669)	(10,418)
Net property, plant, and equipment	6,777	3,935
Operating lease right to use asset	80	117
Deferred income taxes, net	19	27
Total assets	34,690	31,701
CURRENT LIABILITIES:
Accounts payable	1,507	843
Accrued compensation	1,087	981
Deferred revenue	143	111
Property taxes	219	129
Income tax payable	225	0
Other accrued liabilities	82	53
Total current liabilities	3,263	2,117
Operating lease liabilities	67	117
Long Term Debt	71	0
Total liabilities	3,401	2,234
SHAREHOLDERS’ EQUITY
Common stock, $.10 par value, authorized 10,000,000 shares, 3,078,315 issued and 2,578,315 outstanding at August 28, 2021 and November 30, 2020	308	308
Additional paid-in-capital	885	885
Treasury stock, 500,000 shares, at cost	(1,250)	(1,250)
Retained earnings	31,346	29,524
Total shareholders’ equity	31,289	29,467
Total liabilities and shareholders’ equity	$ 34,690	$ 31,701