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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Cash flows from operations:    
Net income $ 97,797 $ 212,631
Adjustments to reconcile net income to net cash used in operating activities:    
Stock based compensation 287,721 265,541
Decrease in obsolete inventory reserves (214,413) (638,633)
Gain on disposal of property, plant, and equipment (154,112) (17,935)
Depreciation and amortization expense 807,163 613,409
Accrued interest on deferred debt payments 16,917 16,982
Decrease in allowance for doubtful accounts (3,489) (12,987)
Deferred income taxes 16,491 45,800
Changes in assets and liabilities:    
Accounts receivable (55,779) (259,439)
Inventories (1,187,036) (809,070)
Net investment in sales-type leases 0 28,352
Other assets 2,064 (59,887)
Accounts payable 893,875 (218,313)
Contracts in progress, net (226,342) (116,723)
Customer deposits 550,056 80,284
Income taxes payable (2,000) 4,400
Accrued expenses 122,808 (120,266)
Net cash provided by (used in) operating activities 951,721 (985,854)
Cash flows from investing activities:    
Purchases of property, plant, and equipment (1,747,351) (620,284)
Net proceeds from sale of assets 403,504 20,807
Net cash used in investing activities (1,343,847) (599,477)
Cash flows from financing activities:    
Net change in line of credit (150,030) 1,715,000
Principal payments on finance lease obligations (116,193) (9,046)
Proceeds from term debt 350,000 0
Repayment of term debt (99,926) (90,179)
Proceeds from common stock purchase agreement 545,529 0
Cost of equity issuance (42,425) 0
Repurchases of common stock (92,432) (30,470)
Net cash provided by financing activities 394,523 1,585,305
Net increase (decrease) in cash 2,397 (26)
Cash at beginning of period 2,658 2,684
Cash at end of period 5,055 2,658
Supplemental disclosures of cash flow information:    
Interest 421,241 270,616
Income taxes 2,365 1,675
Supplemental disclosures of non-cash investing and financing activities:    
Right-of-use (ROU) assets acquired (included in other assets) 698,153 219,937
Less: Cash proceeds received under Manufuacturing 4.0 grant applied to ROU Assets - Note 13 (224,513) 0
Total (ROU) assets acquired (included in other assets) 473,640 219,937
Amortization of operating lease ROU assets (included in other assets) 12,862 0
Market value of commitment shares issued under purchase agreement $ 160,000 $ 0