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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
May 31, 2022
May 31, 2021
Cash flows from operations:    
Net income (loss) $ (231,136) $ (251,148)
Adjustments to reconcile net income (loss) to net cash used by operating activities:    
Stock based compensation 157,465 141,799
Decrease in obsolete inventory reserves (197,613) (144,933)
Gain on disposal of property, plant, and equipment (3,971) 7,998
Depreciation and amortization expense 350,435 308,267
Accrued interest on deferred debt payments 8,520 8,416
Increase (decrease) in allowance for doubtful accounts (3,127) 9,939
Deferred income taxes (63,744) (74,192)
Changes in assets and liabilities:    
Accounts receivable 185,551 (24,231)
Inventories (1,479,479) (1,088,928)
Net investment in sales-type leases   17,235
Other assets (619,103) (284,598)
Accounts payable 787,195 (276,807)
Contracts in progress, net (541,716) (346,797)
Customer deposits 1,541,000 786,985
Income taxes payable (500) 3,900
Accrued expenses (178,916) (116,948)
Net cash used by operating activities (281,197) (1,340,039)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (509,097) (318,958)
Net proceeds from sale of assets 9,300 8,000
Net cash used in investing activities: (499,797) (310,958)
Cash flows from financing activities:    
Net change in line of credit 628,695 1,729,000
Principal payments on finance lease obligations (38,317)  
Proceeds from term debt 350,000  
Repayment of term debt (47,289) (44,998)
Cost of equity issuance (17,346)  
Repurchases of common stock (92,432) (30,471)
Net cash provided by financing activities 783,311 1,653,531
Net increase in cash: 2,317 2,534
Cash at beginning of period 2,658 2,684
Cash at end of period 4,975 5,218
Supplemental disclosures of cash flow information:    
Interest 155,385 110,180
Income taxes 800 $ 2,869
Supplemental disclosures of non-cash operating activities:    
Right-of-use (ROU) assets acquired (included in other assets) 389,300  
Alumni Capital [Member]    
Supplemental disclosures of non-cash operating activities:    
Common stock purchase agreement shares issued (included in other assets) $ 117,200