Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' (Deficit) Equity

v3.22.2.2
Consolidated Statements of Stockholders' (Deficit) Equity - USD ($)
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Beginning balance at Nov. 30, 2020 $ (2,665,135) $ 136,336 $ 36,581,600 $ (20,563,357) $ (18,819,714)
Beginning balance, shares at Nov. 30, 2020   13,633,638      
Exercise of stock options 4,509,295 $ 9,841 4,499,454    
Exercise of stock options, shares   984,034      
Compensatory element of stock options 233,869   233,869    
Net income 2,720,713       2,720,713
Ending balance at Aug. 31, 2021 4,798,742 $ 146,177 41,314,923 (20,563,357) (16,099,001)
Ending balance, shares at Aug. 31, 2021   14,617,672      
Beginning balance at May. 31, 2021 4,003,118 $ 145,330 41,376,640 (20,563,357) (16,955,495)
Beginning balance, shares at May. 31, 2021   14,533,040      
Exercise of stock options (142,167) $ 847 (143,014)    
Exercise of stock options, shares   84,632      
Compensatory element of stock options 81,297   81,297    
Net income 856,494       856,494
Ending balance at Aug. 31, 2021 4,798,742 $ 146,177 41,314,923 (20,563,357) (16,099,001)
Ending balance, shares at Aug. 31, 2021   14,617,672      
Beginning balance at Nov. 30, 2021 4,184,314 $ 146,658 41,586,583 (20,812,734) (16,736,193)
Beginning balance, shares at Nov. 30, 2021   14,665,772      
Exercise of stock options 551,274 $ 1,822 549,452    
Exercise of stock options, shares   182,229      
Compensatory element of stock options 310,441   310,441    
Treasury stock (1,692,433)     (1,692,433)  
Dividends declared ($0.90 per share) (7,672,728)       (7,672,728)
Net income 1,933,586       1,933,586
Ending balance at Aug. 31, 2022 (2,385,546) $ 148,480 42,446,476 (22,505,167) (22,475,335)
Ending balance, shares at Aug. 31, 2022   14,848,001      
Beginning balance at May. 31, 2022 4,406,983 $ 146,758 41,767,841 (22,238,189) (15,269,427)
Beginning balance, shares at May. 31, 2022   14,675,772      
Exercise of stock options 519,274 $ 1,722 517,552    
Exercise of stock options, shares   172,229      
Compensatory element of stock options 161,083   161,083    
Treasury stock (266,978)     (266,978)  
Dividends declared ($0.90 per share) (7,672,728)       (7,672,728)
Net income 466,820       466,820
Ending balance at Aug. 31, 2022 $ (2,385,546) $ 148,480 $ 42,446,476 $ (22,505,167) $ (22,475,335)
Ending balance, shares at Aug. 31, 2022   14,848,001