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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows from operations:    
Net (loss) $ (315,238) $ (437,192)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:    
Stock based compensation 62,054 37,580
Decrease in obsolete inventory reserves (216,795) (118,974)
Gain on disposal of property, plant, and equipment (8,000) (1,251)
Depreciation and amortization expense 161,107 227,456
Accrued interest on deferred debt payments 4,161
Change in allowance for doubtful accounts 25,201 10,215
Deferred income taxes (97,413) (125,253)
Changes in assets and liabilities:    
Accounts receivable 684,378 (987,521)
Inventories 76,951 (416,948)
Net investment in sales-type leases 14,069 37,231
Other assets (225,977) (191,484)
Accounts payable (187,110) 349,256
Contracts in progress, net (397,920) 559,252
Customer deposits 1,179,196 116,906
Income taxes payable 3,900 17,581
Accrued expenses (81,262) (36,982)
Net cash provided by (used in) operating activities 681,302 (960,128)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (163,927) (267,141)
Net proceeds from sale of assets 8,000 1,251
Net cash used in investing activities (155,927) (265,890)
Cash flows from financing activities:    
Net change in line of credit 484,000 (1,266,000)
Repayment of term debt (21,873) (20,776)
Repurchases of common stock (18,296) (19,064)
Net cash provided by (used in) financing activities (524,169) 1,226,160
Net increase in cash 1,206 142
Cash at beginning of period 2,684 3,145
Cash at end of period 3,890 3,287
Supplemental disclosures of cash flow information:    
Interest 48,826 77,238
Income taxes $ 1,093