Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Comprehensive (Loss) Income

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Consolidated Statements of Comprehensive (Loss) Income - USD ($)
3 Months Ended
Feb. 28, 2018
Feb. 28, 2017
Revenue:    
Processing and storage fees $ 6,200,067 $ 5,611,824
Product revenue 28,051 164,800
Total revenue 6,228,118 5,776,624
Costs and Expenses:    
Cost of sales 1,601,508 1,516,097
Selling, general and administrative expenses 3,589,519 3,098,155
Research, development and related engineering 13,409 14,616
Depreciation and amortization 36,545 31,630
Total costs and expenses 5,240,981 4,660,498
Operating Income 987,137 1,116,126
Other Expense:    
Other expense (33,565) (26,442)
Interest expense (280,977) (297,044)
Total other expense (314,542) (323,486)
Income before income tax expense 672,595 792,640
Income tax expense (3,202,667) (305,717)
Net (Loss) Income $ (2,530,072) $ 486,923
Net (loss) income per common share-basic $ (0.36) $ 0.07
Weighted average common shares outstanding-basic 7,105,135 6,901,108
Net (loss) income per common share-diluted $ (0.36) $ 0.07
Weighted average common shares outstanding-diluted 7,105,135 7,437,243
Other Comprehensive (Loss) Income    
Unrealized gain (loss) on marketable securities (net of tax) $ 118,746 $ (7,061)
Comprehensive (Loss) Income $ (2,411,326) $ 479,862