Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Deficit

v3.23.3
Consolidated Statements of Stockholders' Deficit - USD ($)
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
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      
Beginning balance at Nov. 30, 2022 (1,524,302) $ 148,480 42,597,380 (22,632,649) (21,637,513)
Beginning balance, shares at Nov. 30, 2022   14,848,001      
Exercise of stock options (2,864) $ 12 (2,876)    
Exercise of stock options, shares   1,245      
Compensatory element of stock options 641,690   641,690    
Treasury stock (799,036)     (799,036)  
Net income 1,668,349       1,668,349
Ending balance at Aug. 31, 2023 (16,163) $ 148,492 43,236,194 (23,431,685) (19,969,164)
Ending balance, shares at Aug. 31, 2023   14,849,246      
Beginning balance at May. 31, 2023 (858,375) $ 148,480 43,066,971 (23,424,101) (20,649,725)
Beginning balance, shares at May. 31, 2023   14,848,001      
Exercise of stock options (2,864) $ 12 (2,876)    
Exercise of stock options, shares   1,245      
Compensatory element of stock options 172,099   172,099    
Treasury stock (7,584)     (7,584)  
Net income 680,561       680,561
Ending balance at Aug. 31, 2023 $ (16,163) $ 148,492 $ 43,236,194 $ (23,431,685) $ (19,969,164)
Ending balance, shares at Aug. 31, 2023   14,849,246