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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Feb. 28, 2026
Nov. 30, 2025
Current assets:    
Cash $ 2,937 $ 4,849
Receivables, net 3,434,127 2,201,879
Inventories, net 12,069,850 11,708,242
Cost and profit in excess of billings 572,840 379,547
Other current assets 873,947 487,020
Total current assets 16,953,701 14,781,537
Property, plant, and equipment, net 5,099,359 5,082,406
Assets held for lease, net 141,950 144,618
Deferred income taxes, net 2,003,222 2,060,934
Other assets 365,600 408,060
Total assets 24,563,832 22,477,555
Current liabilities:    
Accounts payable 1,679,006 902,326
Income taxes payable 15,000 15,000
Accrued expenses 963,443 1,327,569
Line of credit 3,431,937 3,252,437
Current portion of finance lease liabilities 255,143 255,748
Insurance premium finance liability 167,108 0
Current portion of long-term debt 167,811 165,326
Total current liabilities 8,389,319 6,438,038
Long-term portion of finance lease liabilities 345,785 408,154
Long-term debt, excluding current portion 2,283,081 2,325,103
Total liabilities 11,018,185 9,171,295
Commitments and Contingencies (Notes 8, 10, 11 and 14)
Stockholders’ equity:    
Undesignated preferred stock - $0.01 par value. Authorized 500,000 shares on February 28, 2026 and November 30, 2025; issued and outstanding 0 shares on February 28, 2026 and November 30, 2025. 0 0
Common stock – $0.01 par value. Authorized 9,500,000 shares on February 28, 2026 and November 30, 2025; 5,295,673 issued on February 28, 2026 and 5,225,423 on November 30, 2025 52,957 52,254
Additional paid-in capital 5,241,409 5,199,167
Retained earnings 8,559,969 8,363,527
Treasury stock, at cost (113,589 shares on February 28, 2026 and 113,589 shares on November 30, 2025) (308,688) (308,688)
Total stockholders’ equity 13,545,647 13,306,260
Total liabilities and stockholders’ equity 24,563,832 22,477,555
Billings in Excess of Cost and Profit [Member]    
Current liabilities:    
Contract with Customer, Liability, Current 830,578 88,920
Customer Deposits [Member]    
Current liabilities:    
Contract with Customer, Liability, Current $ 879,293 $ 430,712