XML 30 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Feb. 29, 2020
Feb. 28, 2019
Income Statement [Abstract]    
Net sales $ 6,789,138 $ 8,407,342
Cost of goods sold 4,903,362 6,083,782
Gross profit 1,885,776 2,323,560
Operating expenses:    
Selling and shipping expenses 656,838 642,896
General and administrative expenses 1,189,240 1,087,037
Depreciation and amortization 9,364 9,578
Total operating expenses 1,855,442 1,739,511
Income before other income and income taxes 30,334 584,049
Other (expense) income:    
Interest expense (567) (733)
Other income 518 1
Other income (expense): (49) (732)
Income before income taxes 30,285 583,317
Income (benefit) taxes 294,087 (110,480)
Net (Loss) income (263,802) 693,797
Dividends on preferred stock 2,500 2,500
Net (Loss) income available to common shareholders $ (266,302) $ 691,297
Net (Loss) income per share available to common shareholders:    
Basic $ (0.05) $ 0.13
Diluted $ (0.05) $ 0.13
Weighted Shares Outstanding:    
Basic 5,320,026 5,262,128
Diluted 5,320,026 5,362,128