Note 11 - Employee Benefit Plans

12 Months Ended

Nov. 30, 2020

Notes to Financial Statements

Compensation and Employee Benefit Plans [Text Block]

( 11 ) 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 makes a

25%

matching contribution to employees contributing a minimum of

4%

of their compensation, up to

1%

of eligible compensation. Effective

January 1, 2021

the Company began making a

50%

matching contribution up to

3%

of eligible compensation. The Company recognized an expense of

$32,464

and

$36,253

related to this plan during the

2020

and

2019

fiscal years, respectively.