Condensed Consolidated Balance Sheets (Unaudited Current Period) - USD ($)	Aug. 31, 2025	Nov. 30, 2024
Current assets:
Cash	$ 5,960	$ 1,860
Accounts receivable, net	2,023,964	2,372,876
Inventories, net	11,237,942	10,327,913
Cost and profit in excess of billings	658,955	213,195
Other current assets	254,410	208,465
Total current assets	14,181,231	13,124,309
Property, plant, and equipment, net	5,104,659	5,150,870
Assets held for lease, net	127,796	89,033
Deferred income taxes, net	1,994,267	2,440,297
Other assets	407,787	436,175
Total assets	21,815,740	21,240,684
Current liabilities:
Accounts payable	1,175,899	944,448
Customer deposits	72,765	180,597
Billings in excess of cost and profit	352,131	1,929,151
Income taxes payable	5,000	5,500
Accrued expenses	933,965	1,303,718
Line of credit	2,672,437	1,928,437
Current portion of finance lease liabilities	246,565	220,908
Current portion of long-term debt	125,979	119,734
Total current liabilities	5,584,741	6,632,493
Long-term portion of operating lease liabilities	0	4,700
Long-term portion of finance lease liabilities	436,910	534,436
Long-term debt, excluding current portion	1,880,280	1,975,232
Total liabilities	7,901,931	9,146,861
Commitments and Contingencies (Notes 9, 11, 12 and 15)
Stockholders’ equity:
Undesignated preferred stock - $0.01 par value. Authorized 500,000 shares on August 31, 2025 and November 30, 2024; issued and outstanding 0 shares on August 31, 2025 and November 30, 2024.	0	0
Common stock – $0.01 par value. Authorized 9,500,000 shares on August 31, 2025 and November 30, 2024; 5,220,423 issued on August 31, 2025 and 5,149,173 on November 30, 2024	52,204	51,492
Additional paid-in capital	5,161,242	5,020,849
Retained earnings	9,009,051	7,328,628
Treasury stock, at cost (113,589 shares on August 31, 2025 and 112,714 shares on November 30, 2024)	(308,688)	(307,146)
Total stockholders’ equity	13,913,809	12,093,823
Total liabilities and stockholders’ equity	$ 21,815,740	$ 21,240,684