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Consolidated Balance Sheets - USD ($)
Nov. 30, 2018
Nov. 30, 2017
Current assets:    
Cash $ 1,761,863 $ 1,086,999
Accounts receivable - net of allowance for doubtful accounts of $161,560 5,997,493 5,933,268
Inventory, net 3,389,065 3,161,587
Prepaid expenses and income taxes 19,589 158,869
Deferred income taxes 327,627
Total current assets 11,168,010 10,668,350
Fixed assets – net of accumulated depreciation and amortization of $2,266,627 and $2,217,654 115,995 138,329
Deferred income taxes 982,624 655,253
Other assets 13,384 13,384
Total assets 12,280,013 11,475,316
Current liabilities:    
Accounts payable 4,420,013 4,629,932
Loan payable 500,000
Capital lease payable, current maturities 7,036 6,411
Accrued expenses and taxes 603,203 937,249
Accrued salaries 508,873 621,930
Total current liabilities 5,539,125 6,695,522
Capital lease payable, net of current maturities 25,500 32,536
Deferred rent 25,554 34,518
Total liabilities 5,590,179 6,762,576
Commitments and contingencies
Shareholders' equity:    
Preferred stock value
Common stock - $.001 par value, 50,000,000 shares authorized, 5,262,128 and 5,224,431 shares issued and outstanding 5,262 5,224
Additional paid-in capital 16,577,772 16,557,310
Accumulated deficit (9,893,210) (11,849,804)
Total shareholders' equity 6,689,834 4,712,740
Total liabilities and shareholders' equity 12,280,013 11,475,316
Series C Preferred Stock    
Shareholders' equity:    
Preferred stock value 10 10
Total shareholders' equity 10 10
Series D Preferred Stock    
Shareholders' equity:    
Preferred stock value