Note 2 - Discontinued Operations (Tables)

12 Months Ended

Nov. 30, 2024

Notes Tables

Disposal Groups, Including Discontinued Operations [Table Text Block]

	November 30, 2023
Inventory	$	18,013
Other current assets		13,945
Current assets of discontinued operations	$	31,958

	November 30, 2023
Property, plant, and equipment, net	$	1,023,566
Other assets		-
Other assets of discontinued operations	$	1,023,566

	November 30, 2023
Accounts payable	$	3,539
Current portion of long-term debt		160,599
Other current liabilities		22,651
Current liabilities of discontinued operations	$	186,789

	Tools
	Twelve Months Ended
	November 30, 2024			November 30, 2023
Sales	$	-		$	2,030,714
Cost of goods sold		108,618			2,122,287
Gross profit (loss)		(108,618	)		(91,573	)
Expenses:
Engineering		-			-
Selling		253			156,682
General and administrative		9,012			413,857
Total expenses		9,265			570,539
Loss from operations		(117,883	)		(662,112	)
Other income (expense):
Interest expense		(49,188	)		(61,516	)
Gain (loss) on disposal of real estate		683,685			-
Other		558			15,315
Total other income (expense)		635,055			(46,201	)
Income (loss) before income taxes		517,172			(708,313	)
Income tax expense (benefit)		115,330			(212,493	)
Net income (loss)	$	401,842		$	(495,820	)

	Tools
	Twelve Months Ended
	November 30, 2024			November 30, 2023
Revenue from external customers	$	-		$	2,031,000
Gross Profit	$	(109,000	)	$	(92,000	)
Income (loss) from operations	$	(118,000	)	$	(662,000	)
Income (loss) before tax	$	517,000		$	(708,000	)
Total Assets	$	-		$	1,056,000
Capital expenditures	$	-		$	16,000
Depreciation & Amortization	$	27,000		$	135,000