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Stock-Based Compensation Plans
9 Months Ended
Aug. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Plans

Note 6 – Stock-Based Compensation Plans

 

The Company issues stock options to its employees, consultants and outside directors pursuant to stockholder-approved and non-approved stock option programs and records the applicable expense in accordance with the authoritative guidance of the Financial Accounting Standards Board. For the nine-month periods ended August 31, 2014 and 2013, the Company recorded $19,937 and $20,161, respectively, in stock-based compensation expense. As of August 31, 2014, there was $5,930 of unrecognized employee stock-compensation expense for previously granted unvested options.