Note 12 - Employee Benefit Plans

12 Months Ended

Nov. 30, 2017

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

( 12 ) Employee Benefit Plans

The Company sponsors a defined contribution

401

(k) savings plan which covers substantially all full-time employees who meet eligibility requirements. Participating employees

may

contribute as salary reductions any amount of their compensation up to the limit prescribed by the Internal Revenue Code. The Company mak

es a

25%

matching contribution to employees contributing a minimum of

4%

of their compensation, up to

1%

of eligible compensation. The Company recognized an expense of

$34,523

and

$37,606

related to this plan during the years ended

November 30, 2017

and

2016,

respectively.