Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Nov 30, 2024 | FY 2023Nov 30, 2023 | FY 2022Nov 30, 2022 | FY 2021Nov 30, 2021 |
|---|---|---|---|---|
| Total Revenue | 35.8M | 26.3M | 20.1M | 9.5M |
| Operating Revenue | 40.0M | 30.2M | 22.6M | 11.0M |
| Cost Of Revenue | 37.5M | 13.9M | 16.2M | 7.6M |
| Gross Profit | -1.7M | 12.4M | 3.9M | 1.9M |
| Selling General And Administration | 8.9M | 10.0M | 9.5M | 5.2M |
| General And Administrative Expense | 8.7M | 9.7M | 8.9M | 4.8M |
| Depreciation And Amortization In Income Statement | 942,000 | 2.1M | 1.9M | 915,000 |
| Other Operating Expenses | 2.6M | 1.8M | 1.1M | -510,000 |
| Operating Expense | 12.5M | 13.9M | 12.5M | 5.8M |
| Operating Income | -14.1M | -1.5M | -8.5M | -3.9M |
| EBIT | -24.3M | -1.8M | -6.3M | -11.2M |
| Interest Expense | 1.5M | 1.2M | 0.00 | 1.1M |
| Interest Expense Non Operating | 1.5M | 1.2M | 0.00 | 1.1M |
| Net Interest Income | -1.6M | -1.3M | -37,000 | -1.1M |
| Other Income Expense | -10.1M | -270,000 | 2.3M | -7.3M |
| Other Non Operating Income Expenses | 261,000 | -- | -- | -- |
| Special Income Charges | -10.4M | 2,000 | 1.3M | -7.0M |
| Restructuring And Mergern Acquisition | -- | 0.00 | -1.1M | 0.00 |
| Gain On Sale Of Security | -10,000 | -9,000 | -160,000 | -74,000 |
| Earnings From Equity Interest | 0.00 | -263,000 | 1.2M | -270,000 |
| Pretax Income | -25.8M | -3.0M | -6.3M | -12.3M |
| Tax Provision | -3.3M | 2.2M | 364,000 | -1.2M |
| Tax Effect Of Unusual Items | -1.3M | -2,800 | 286,213 | -685,560 |
| Net Income From Continuing And Discontinued Operation | -22.6M | -5.1M | -7.5M | -11.2M |
| Net Income From Continuing Operation Net Minority Interest | -22.6M | -5.1M | -7.5M | -11.1M |
| Net Income Including Noncontrolling Interests | -22.6M | -5.2M | -6.6M | -11.2M |
| Minority Interests | 0.00 | 104,000 | -924,000 | 0.00 |
| Net Income Common Stockholders | -22.6M | -5.1M | -7.5M | -11.2M |
| Net Income | -22.6M | -5.1M | -7.5M | -11.2M |
| EBITDA | -19.5M | 4.5M | -1.9M | -9.6M |
| Normalized EBITDA | -9.2M | 4.5M | -3.0M | -2.6M |
| Reconciled Depreciation | 4.8M | 6.3M | 4.4M | 1.6M |
| Basic EPS | -2.30 | -0.61 | -1.20 | -1.80 |
| Diluted EPS | -2.30 | -0.61 | -1.20 | -1.80 |
| Basic Average Shares | 9.8M | 8.4M | 6.7M | 6.1M |
| Diluted Average Shares | 9.8M | 8.4M | 6.7M | 6.1M |
| Total Unusual Items | -10.4M | -7,000 | 1.1M | -7.0M |
| Total Unusual Items Excluding Goodwill | -10.4M | -7,000 | 1.1M | -7.0M |
| Tax Rate For Calcs | 0.13 | 0.40 | 0.26 | 0.10 |
| Normalized Income | -13.5M | -5.1M | -8.3M | -4.8M |
| Depreciation Amortization Depletion Income Statement | 942,000 | 2.1M | 1.9M | 915,000 |
| Diluted NI Availto Com Stockholders | -22.6M | -5.1M | -7.5M | -11.2M |
| Excise Taxes | 4.2M | 3.8M | 2.5M | 1.5M |
| Gain On Sale Of Ppe | -- | 0.00 | 7,000 | -142,000 |
| Impairment Of Capital Assets | 9.8M | 0.00 | 0.00 | 5.8M |
| Net Income Continuous Operations | -22.6M | -5.2M | -6.6M | -11.1M |
| Net Income Discontinuous Operations | -- | -- | 0.00 | -103,000 |
| Net Non Operating Interest Income Expense | -1.6M | -1.3M | -37,000 | -1.1M |
| Other Gand A | 4.8M | 3.6M | 2.7M | 2.0M |
| Other Special Charges | 559,000 | -2,000 | -130,000 | 1.0M |
| Provision For Doubtful Accounts | -- | -- | 0.00 | 106,000 |
| Reconciled Cost Of Revenue | 33.6M | 9.7M | 13.7M | 6.9M |
| Salaries And Wages | 3.9M | 6.1M | 6.2M | 2.8M |
| Selling And Marketing Expense | 221,000 | 292,000 | 545,000 | 493,000 |
| Total Expenses | 49.9M | 27.8M | 28.7M | 13.4M |
| Total Operating Income As Reported | -13.3M | -1.5M | -8.5M | -5.4M |
| Total Other Finance Cost | 73,000 | 42,000 | 37,000 | 68,000 |
| Line Item | FY 2024Nov 30, 2024 | FY 2023Nov 30, 2023 | FY 2022Nov 30, 2022 | FY 2021Nov 30, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 1.7M | 772,000 | 6.8M | 14.3M |
| Cash Cash Equivalents And Short Term Investments | 1.7M | 794,000 | 6.8M | 14.5M |
| Cash Financial | 1.7M | 772,000 | 6.8M | -- |
| Other Short Term Investments | 0.00 | 22,000 | 16,000 | 176,000 |
| Accounts Receivable | 6.7M | 3.0M | 4.4M | 2.1M |
| Receivables | 6.8M | 3.8M | 4.4M | 2.3M |
| Inventory | 16.7M | 28.9M | 14.6M | 8.1M |
| Prepaid Assets | 1.0M | 1.6M | 1.7M | 1.2M |
| Current Assets | 26.2M | 35.2M | 27.5M | 26.2M |
| Gross PPE | 47.5M | 50.8M | 35.7M | 21.5M |
| Accumulated Depreciation | -15.7M | -11.5M | -7.1M | -4.4M |
| Net PPE | 31.8M | 39.3M | 28.7M | 17.1M |
| Goodwill | 0.00 | 6.0M | 6.0M | 182,000 |
| Goodwill And Other Intangible Assets | 1.4M | 8.1M | 9.9M | 3.4M |
| Other Intangible Assets | 1.4M | 2.1M | 3.9M | 3.2M |
| Investments And Advances | -- | -- | 1.0M | 4.0M |
| Long Term Equity Investment | -- | -- | 1.0M | 4.0M |
| Total Non Current Assets | 33.2M | 47.4M | 39.5M | 24.4M |
| Total Assets | 59.5M | 82.6M | 67.0M | 50.6M |
| Current Debt | 4.6M | 6.9M | -- | -- |
| Current Debt And Capital Lease Obligation | 6.1M | 8.2M | 611,000 | 322,000 |
| Accounts Payable | 8.4M | 13.0M | 2.7M | 2.1M |
| Payables | 8.8M | 13.0M | 2.7M | 2.1M |
| Payables And Accrued Expenses | 8.8M | 13.0M | 2.7M | 2.1M |
| Current Liabilities | 15.0M | 21.2M | 3.3M | 2.4M |
| Long Term Debt | 2.2M | -- | -- | -- |
| Long Term Debt And Capital Lease Obligation | 10.9M | 8.8M | 2.4M | 301,000 |
| Long Term Capital Lease Obligation | 8.7M | 8.8M | 2.4M | 301,000 |
| Total Non Current Liabilities Net Minority Interest | 11.6M | 12.0M | 15.5M | 301,000 |
| Total Liabilities Net Minority Interest | 26.6M | 33.2M | 18.8M | 2.7M |
| Common Stock | 109.8M | 104.6M | 94.5M | 92.7M |
| Capital Stock | 109.8M | 104.6M | 94.5M | 92.7M |
| Additional Paid In Capital | 11.1M | 10.7M | 8.7M | 6.9M |
| Retained Earnings | -88.0M | -65.9M | -59.3M | -51.7M |
| Common Stock Equity | 32.9M | 49.3M | 43.9M | 47.9M |
| Stockholders Equity | 32.9M | 49.3M | 43.9M | 47.9M |
| Total Equity Gross Minority Interest | 32.9M | 49.3M | 48.2M | 47.9M |
| Minority Interest | 0.00 | 0.00 | 4.3M | 0.00 |
| Total Capitalization | 35.1M | 49.3M | 43.9M | 47.9M |
| Net Tangible Assets | 31.4M | 41.2M | 34.0M | 44.5M |
| Tangible Book Value | 31.4M | 41.2M | 34.0M | 44.5M |
| Working Capital | 11.3M | 14.0M | 24.2M | 23.8M |
| Invested Capital | 39.7M | 56.2M | 43.9M | 47.9M |
| Total Debt | 17.0M | 17.0M | 3.0M | 623,000 |
| Net Debt | 5.1M | 6.1M | -- | -- |
| Share Issued | 10.6M | 8.6M | 6.9M | 6.7M |
| Ordinary Shares Number | 10.6M | 8.6M | 6.9M | 6.7M |
| Buildings And Improvements | 9.3M | 9.3M | 9.2M | 9.2M |
| Capital Lease Obligations | 10.2M | 10.0M | 3.0M | 623,000 |
| Construction In Progress | 3.2M | 7.0M | 4.4M | 3.2M |
| Current Capital Lease Obligation | 1.5M | 1.3M | 611,000 | 322,000 |
| Current Notes Payable | 0.00 | 727,000 | 0.00 | -- |
| Dueto Related Parties Current | 468,000 | 0.00 | -- | -- |
| Dueto Related Parties Non Current | 778,000 | 1.7M | 12.0M | 0.00 |
| Finished Goods | 9.7M | 20.3M | 9.2M | 5.7M |
| Investmentsin Associatesat Cost | -- | -- | 0.00 | 4.0M |
| Investmentsin Joint Venturesat Cost | -- | -- | 1.0M | -- |
| Land And Improvements | 1.3M | 1.3M | 1.3M | 1.3M |
| Leases | 8.0M | 8.0M | 7.9M | 1.1M |
| Non Current Deferred Liabilities | 0.00 | 1.5M | 1.1M | 0.00 |
| Non Current Deferred Taxes Liabilities | 0.00 | 1.5M | 1.1M | 0.00 |
| Non Current Note Receivables | -- | 0.00 | 1.0M | -- |
| Other Current Borrowings | 4.6M | 6.2M | -- | -- |
| Other Inventories | 7.0M | 8.7M | 5.4M | 2.4M |
| Other Properties | 25.7M | 25.2M | 12.8M | 6.6M |
| Other Receivables | 38,000 | 888,000 | -- | 241,000 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Raw Materials | -- | -- | -- | 207,000 |
| Tradeand Other Payables Non Current | 0.00 | 0.00 | 0.00 | 0.00 |
| Line Item | FY 2024Nov 30, 2024 | FY 2023Nov 30, 2023 | FY 2022Nov 30, 2022 | FY 2021Nov 30, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 507,000 | 5.4M | -3.5M | -5.6M |
| Cash Flow From Continuing Operating Activities | 507,000 | 5.4M | -3.5M | -5.5M |
| Depreciation And Amortization | 4.8M | 6.3M | 4.4M | 1.6M |
| Depreciation Amortization Depletion | 4.8M | 6.3M | 4.4M | 1.6M |
| Stock Based Compensation | 754,000 | 3.0M | 3.6M | 165,000 |
| Deferred Tax | -1.5M | 380,000 | 364,000 | -1.2M |
| Deferred Income Tax | -1.5M | 380,000 | 364,000 | -1.2M |
| Change In Working Capital | -11.0M | 2.8M | -5.6M | -4.5M |
| Changes In Account Receivables | -- | -- | -1.0M | -281,000 |
| Change In Receivables | -2.9M | 2.0M | -1.0M | -281,000 |
| Change In Inventory | -4.7M | -9.2M | -4.6M | -3.0M |
| Change In Payables And Accrued Expense | -4.0M | 9.3M | 209,000 | -416,000 |
| Other Non Cash Items | 19.6M | -2.1M | 1.3M | 1.2M |
| Capital Expenditure | -106,000 | -3.6M | -1.4M | -594,000 |
| Purchase Of PPE | -106,000 | -3.6M | -1.4M | -594,000 |
| Net PPE Purchase And Sale | -94,000 | -3.6M | -1.4M | -94,000 |
| Purchase Of Business | 0.00 | -3.2M | -802,000 | -1.6M |
| Sale Of Business | 0.00 | 21,000 | 59,000 | 0.00 |
| Sale Of Investment | 16,000 | 0.00 | -- | -- |
| Net Investment Purchase And Sale | 16,000 | 0.00 | -- | -- |
| Investing Cash Flow | -78,000 | -7.0M | -3.1M | -1.6M |
| Cash Flow From Continuing Investing Activities | -78,000 | -7.0M | -3.1M | -1.6M |
| Issuance Of Debt | 3.9M | 3.2M | 0.00 | -- |
| Repayment Of Debt | -5.1M | -7.4M | -695,000 | -6.5M |
| Net Issuance Payments Of Debt | -1.2M | -4.2M | -695,000 | -6.5M |
| Issuance Of Capital Stock | 2.4M | 0.00 | 0.00 | 25.4M |
| Net Common Stock Issuance | 2.4M | 0.00 | 0.00 | 25.4M |
| Financing Cash Flow | 539,000 | -4.4M | -993,000 | 21.0M |
| Cash Flow From Continuing Financing Activities | 539,000 | -4.4M | -993,000 | 21.0M |
| Changes In Cash | 968,000 | -6.0M | -7.5M | 13.7M |
| Beginning Cash Position | 772,000 | 6.8M | 14.3M | 625,000 |
| End Cash Position | 1.7M | 772,000 | 6.8M | 14.3M |
| Free Cash Flow | 401,000 | 1.9M | -4.9M | -6.2M |
| Asset Impairment Charge | 6.0M | 0.00 | 292,000 | 6.7M |
| Cash From Discontinued Operating Activities | -- | -- | 0.00 | -103,000 |
| Change In Prepaid Assets | 602,000 | 738,000 | -259,000 | -764,000 |
| Common Stock Issuance | 2.4M | 0.00 | 0.00 | 25.4M |
| Earnings Losses From Equity Investments | 0.00 | 263,000 | -1.2M | 270,000 |
| Gain Loss On Investment Securities | 6,000 | -- | 160,000 | 74,000 |
| Gain Loss On Sale Of PPE | 3.8M | 0.00 | -- | -- |
| Long Term Debt Issuance | 3.9M | 3.2M | 0.00 | -- |
| Long Term Debt Payments | -4.3M | -6.6M | -695,000 | -6.5M |
| Net Business Purchase And Sale | 0.00 | -3.2M | -743,000 | -1.6M |
| Net Income From Continuing Operations | -22.6M | -5.2M | -6.6M | -11.1M |
| Net Long Term Debt Issuance | -471,000 | -3.4M | -695,000 | -6.5M |
| Net Other Financing Charges | -600,000 | -168,000 | -298,000 | -1.8M |
| Net Other Investing Changes | -- | -250,000 | -1.0M | -- |
| Net Short Term Debt Issuance | -763,000 | -828,000 | 0.00 | -- |
| Operating Gains Losses | 4.3M | 263,000 | -1.2M | 1.5M |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | 3.9M |
| Provisionand Write Offof Assets | -- | -- | 0.00 | 106,000 |
| Sale Of PPE | 12,000 | 0.00 | 91,000 | 500,000 |
| Short Term Debt Issuance | -- | 3.4M | 0.00 | -- |
| Short Term Debt Payments | -763,000 | -828,000 | 0.00 | -- |
| Unrealized Gain Loss On Investment Securities | 0.00 | -6,000 | 160,000 | -- |