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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Sales $ 7,275,353 $ 5,710,228 $ 12,888,420 $ 11,110,800
Cost of goods sold 5,082,195 3,988,170 9,503,119 8,346,063
Gross profit 2,193,158 1,722,058 3,385,301 2,764,737
Expenses:        
Engineering 143,943 122,127 278,014 243,518
Selling 630,772 543,958 1,117,928 1,016,933
General and administrative 1,097,350 907,192 2,105,143 1,724,028
Total expenses 1,872,065 1,573,277 3,501,085 2,984,479
Income (Loss) from operations 321,093 148,781 (115,784) (219,742)
Other income (expense):        
Interest expense (97,392) (74,787) (174,096) (133,471)
Other (1,454) 6,984 (3,005) 34,642
Total other income (expense) (98,846) (67,803) (177,101) (98,829)
Income (Loss) before income taxes 222,247 80,978 (292,885) (318,571)
Income tax expense (benefit) 46,894 16,888 (61,749) (67,423)
Net Income (Loss) $ 175,353 $ 64,090 $ (231,136) $ (251,148)