Note 5 - Income Taxes - The Components of the Deferred Tax Assets and Liabilities for Federal and State Income Taxes (Details) - USD ($) |
Nov. 30, 2019 |
Nov. 30, 2018 |
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Deferred revenue | $ 39,507 | $ 20,709 |
Marketing Fund net contributions | 112,562 | 124,798 |
Allowance for doubtful accounts and notes receivable | 6,969 | 11,069 |
Accrued expenses | 44,582 | 31,688 |
Operating lease liability | 126,883 | 140,000 |
Net operating loss carryforwards | 475,380 | 637,359 |
Valuation allowance | (28,500) | (115,824) |
Total Deferred Income Tax Asset | 777,383 | 849,799 |
Depreciation and amortization | (469,396) | (466,650) |
Right of use lease asset | (107,987) | (135,149) |
Total Deferred Income Tax Liabilities | (577,383) | (601,799) |
Total Net Deferred Tax Asset | $ 200,000 | $ 248,000 |
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible marketing fund net contribution. No definition available.
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to an operating lease liability. No definition available.
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- Definition Amount of deferred tax liability attributable to taxable temporary differences. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after allocation of valuation allowances and deferred tax liability, of deferred tax asset attributable to deductible differences and carryforwards, without jurisdictional netting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from the allowance for doubtful accounts. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from leasing arrangements. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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