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Consolidated Balance Sheets - USD ($)
Feb. 28, 2021
Nov. 30, 2020
Current assets:    
Cash $ 4,886,199 $ 4,387,929
Accounts receivable - net of allowance for doubtful accounts of $144,818 5,737,882 6,455,263
Inventory, net 3,385,108 3,410,534
Prepaid expenses and income taxes 518,071 533,862
Total current assets 14,527,260 14,787,588
Fixed assets – net of accumulated depreciation and amortization of $2,360,758 and $2,343,627 263,577 102,235
Operating Lease Right of Use Asset 1,640,814 1,636,411
Deferred income taxes 1,265,234 1,307,558
Other assets 22,607 22,607
Total assets 17,719,492 17,856,399
Current liabilities:    
Accounts payable 3,534,964 3,880,805
Operating lease liabilities, current maturities 175,521 233,546
Financing lease payable, current maturities 8,742 8,475
Accrued expenses and taxes 623,543 565,922
Accrued salaries 538,926 677,256
Total current liabilities 4,881,696 5,366,004
Operating lease liabilities net of current maturities 1,504,709 1,430,144
Financing lease payable, net of current maturities 6,299 8,627
Note payable to bank 449,700 449,700
Total liabilities 6,842,404 7,254,475
Commitments and contingencies
Shareholders’ equity:    
Preferred stock, value
Common stock - $.001 par value, 50,000,000 shares authorized, 5,473,556 and 5,437,526 shares issued and outstanding 5,473 5,437
Additional paid-in capital 16,948,496 16,948,532
Accumulated deficit (6,076,891) (6,352,055)
Total shareholders’ equity 10,877,088 10,601,924
Total liabilities and shareholders’ equity 17,719,492 17,856,399
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