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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Aug. 31, 2021
Aug. 31, 2020
Cash flows from operations:    
Net (loss) $ (194,692) $ (1,662,523)
Adjustments to reconcile net (loss) to net cash provided by (used in) operating activities:    
Stock based compensation 203,245 195,662
Increase (decrease) in obsolete inventory reserves (485,073) 180,758
Gain on disposal of property, plant, and equipment (7,998) (47,169)
Depreciation and amortization expense 453,697 648,084
Accrued interest on deferred debt payments 12,720 3,330
Increase (decrease) in allowance for doubtful accounts (10,593) 20,009
Deferred income taxes (58,843) (436,692)
Changes in assets and liabilities:    
Accounts receivable (554,351) (63,526)
Inventories (1,041,390) (424,849)
Net investment in sales-type leases 28,352 105,933
Other assets (213,955) (96,868)
Accounts payable 228,455 223,680
Contracts in progress, net (58,695) 920,172
Customer deposits 506,107 16,972
Income taxes payable 3,900 0
Accrued expenses (58,634) 58,088
Net cash (used in) operating activities (1,247,748) (358,939)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (487,515) (614,443)
Net proceeds from sale of assets 8,000 182,881
Net cash used in investing activities (479,515) (431,562)
Cash flows from financing activities:    
Net change in line of credit (1,930,500) 811,000
Proceeds from term debt 0 1,692,900
Repayment of term debt (67,444) (63,808)
Repurchases of common stock (30,471) (26,536)
Net cash provided by financing activities 1,832,585 791,556
Net increase in cash 105,322 1,055
Cash at beginning of period 2,684 3,145
Cash at end of period 108,006 4,200
Supplemental disclosures of cash flow information:    
Interest 190,764 205,409
Income taxes $ 2,869 $ 30,394