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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Nov. 30, 2022
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

Pay Versus Performance

The following Pay Versus Performance information presents the compensation of our Named Executive Officers (“NEOs”) disclosed in the Summary Compensation Table as well as Compensation Actually Paid (“CAP”) to our NEOs and certain performance measures prepared in accordance with Item 402(v) of SEC Regulations S-K as of November 30, 2024.

As discussed further below, the CAP amounts do not necessarily represent actual compensation earned or realized by our NEOs in a given year. The Compensation Committee did not consider the Pay Versus Performance information in 2024 in making its compensation decisions for our NEOs. For additional information about our performance-based pay philosophy and how the Compensation Committee aligns executive compensation with our performance, refer generally to the sections above.

Year

 

Summary
Compensation
Table Total
for PEO

 

Compensation
Actually
Paid to
PEO(1)

 

Average
Summary
Compensation
Table Total
for Non-PEO
NEOs

 

Average
Compensation
Actually
Paid to
Non-PEO
NEOs(1)

 

Value of
Initial
Fixed $100
Investment

Based On(2):
TSR

 

Net
Income

2024

 

 

531,015

 

498,765

 

 

488,327

 

 

488,327

 

 

65.25

 

 

825,677

2023

 

$

417,457

 

402,457

 

$

408,955

 

$

408,955

 

$

74.24

 

$

972,110

2022

 

$

739,873

 

679,873

 

$

528,685

 

$

491,185

 

$

88.37

 

$

3,736,145

____________

(1)      The CAP amounts presented reflect the following adjustments to compensation reported within the Summary Compensation Table as required by the SEC:

 

2024

 

2023

 

2022

Adjustments to Summary
Compensation Table amounts
to CAP amounts

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

Summary Compensation
Table

 

$

531,015

 

 

$

488,327

 

$

417,457

 

 

$

408,955

 

$

739,873

 

 

$

528,685

Grant Date FV of option awards granted in fiscal year

 

$

(32,250

)

 

$

 

$

(15,000

)

 

 

 

$

(60,000

)

 

$

37,500

Total Compensation Actually Paid

 

$

498,765

 

 

$

488,327

 

$

402,457

 

 

$

408,955

 

$

679,873

 

 

$

491,185

(2)      Total Shareholder Return (“TSR”) represents cumulative total shareholder return on a fixed investment of $100 in our common stock for the period beginning on the last trading day of the fiscal year ended November 30, 2021 through the last trading day of the applicable fiscal year.

   
PEO Total Compensation Amount $ 531,015 $ 417,457 $ 739,873
PEO Actually Paid Compensation Amount [1] $ 498,765 402,457 679,873
Adjustment To PEO Compensation, Footnote

(1)      The CAP amounts presented reflect the following adjustments to compensation reported within the Summary Compensation Table as required by the SEC:

 

2024

 

2023

 

2022

Adjustments to Summary
Compensation Table amounts
to CAP amounts

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

Summary Compensation
Table

 

$

531,015

 

 

$

488,327

 

$

417,457

 

 

$

408,955

 

$

739,873

 

 

$

528,685

Grant Date FV of option awards granted in fiscal year

 

$

(32,250

)

 

$

 

$

(15,000

)

 

 

 

$

(60,000

)

 

$

37,500

Total Compensation Actually Paid

 

$

498,765

 

 

$

488,327

 

$

402,457

 

 

$

408,955

 

$

679,873

 

 

$

491,185

   
Non-PEO NEO Average Total Compensation Amount $ 488,327 408,955 528,685
Non-PEO NEO Average Compensation Actually Paid Amount [1] $ 488,327 408,955 491,185
Compensation Actually Paid vs. Total Shareholder Return

   
Compensation Actually Paid vs. Net Income

   
Total Shareholder Return Amount [2] $ 65.25 74.24 88.37
Net Income (Loss) 825,677 972,110 3,736,145
PEO | Grant Date FV of Option Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount (32,250) (15,000) (60,000)
Non-PEO NEO | Grant Date FV of Option Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure      
Adjustment to Compensation, Amount $ 37,500
[1] The CAP amounts presented reflect the following adjustments to compensation reported within the Summary Compensation Table as required by the SEC:
 

2024

 

2023

 

2022

Adjustments to Summary
Compensation Table amounts
to CAP amounts

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

 

PEO
($)

 

Average
Non-PEO
NEOs
($)

Summary Compensation
Table

 

$

531,015

 

 

$

488,327

 

$

417,457

 

 

$

408,955

 

$

739,873

 

 

$

528,685

Grant Date FV of option awards granted in fiscal year

 

$

(32,250

)

 

$

 

$

(15,000

)

 

 

 

$

(60,000

)

 

$

37,500

Total Compensation Actually Paid

 

$

498,765

 

 

$

488,327

 

$

402,457

 

 

$

408,955

 

$

679,873

 

 

$

491,185

[2] Total Shareholder Return (“TSR”) represents cumulative total shareholder return on a fixed investment of $100 in our common stock for the period beginning on the last trading day of the fiscal year ended November 30, 2021 through the last trading day of the applicable fiscal year.