Annual report [Section 13 and 15(d), not S-K Item 405]

Allowance for Doubtful Accounts (Tables)

v3.25.4
Allowance for Doubtful Accounts (Tables)
12 Months Ended
Nov. 30, 2025
Receivables [Abstract]  
Allowance for Doubtful Accounts

The activity in the allowance for doubtful accounts is as follows for the years ended November 30, 2025 and 2024:

 

December 1, 2023

 

$

3,822,300

 

Bad debt expense

 

 

1,266,905

 

Write-offs

 

 

(1,170,499

)

Recoveries

 

 

347,699

 

November 30, 2024

 

$

4,266,405

 

Bad debt expense

 

 

868,795

 

Write-offs

 

 

(1,155,000

)

Recoveries

 

 

326,210

 

November 30, 2025

 

$

4,306,410