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Consolidated Balance Sheets - USD ($)
Nov. 30, 2023
Nov. 30, 2022
Current assets:    
Cash $ 7,634,799 $ 8,690,040
Marketable Securities 3,204,772
Accounts receivable - net of allowance for doubtful accounts of $79,341 and $173,565 6,097,411 7,230,635
Inventory, net 5,422,824 6,408,551
Prepaid expenses and income taxes 520,104 470,847
Total current assets 22,879,910 22,800,073
Fixed assets – net of accumulated depreciation and amortization of $1,757,772 and $1,687,525 170,120 196,999
Operating Lease Right of Use Asset 1,350,998 1,362,305
Deferred income taxes 241,328 229,098
Other assets 34,299 34,299
Total assets 24,676,655 24,622,774
Current liabilities:    
Accounts payable 3,216,590 4,147,595
Operating lease liabilities, current maturities 351,957 309,216
Accrued expenses and taxes 735,383 899,259
Accrued salaries 667,058 598,519
Total current liabilities 4,970,988 5,954,589
Operating lease liabilities net of current maturities 1,136,766 1,164,722
Total liabilities 6,107,754 7,119,311
Commitments and contingencies
Shareholders’ equity:    
Preferred stock
Common stock - $.001 par value, 50,000,000 shares authorized, 5,577,698 and 5,541,342 shares issued and outstanding 5,576 5,541
Additional paid-in capital 17,710,525 17,613,060
Accumulated other comprehensive income – unrealized gain on marketable debt securities 828
Accumulated equity (deficit) 851,962 (115,148)
Total shareholders’ equity 18,568,901 17,503,463
Total liabilities and shareholders’ equity 24,676,655 24,622,774
Series C Preferred Stock    
Shareholders’ equity:    
Preferred stock 10 10
Series D Preferred Stock    
Shareholders’ equity:    
Preferred stock