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Note 8 - Assets Held for Lease
3 Months Ended
Feb. 28, 2022
Notes to Financial Statements  
Disclosure of Assets Available for Sale, Not Part of Discontinued Operations [Text Block]
 

8)

Assets Held for Lease

 

Major components of assets held for lease are:

 

  

February 28, 2022

  

November 30, 2021

 

Modular Buildings

 $521,555  $521,555 

Total assets held for lease

 $521,555  $521,555 

 

There were no rents recognized from assets held for lease included in sales on the Condensed Consolidated Statements of Operations during the three months ended February 28, 2022 and February 28, 2021.

 

There were no future minimum lease receipts from assets held for lease as of February 28, 2022.

 

On March 14, 2022 a lease agreement was signed for the rental of one of the Company’s existing assets held for lease in the amount of $4,175 per month beginning on May 1, 2022.