Note 9 - Assets Held for Lease

9 Months Ended

Aug. 31, 2023

Notes to Financial Statements

Disclosure of Assets Available for Sale, Not Part of Discontinued Operations [Text Block]

9) Assets Held for Lease

Major components of assets held for lease are:

	August 31, 2023		November 30, 2022
Modular Buildings	$	177,333	$	400,325
Total assets held for lease	$	177,333	$	400,325

There were approximately $20,000 and $85,000 rents recognized from assets held for lease included in sales on the Condensed Consolidated Statements of Operations during the three and nine months ended August 31, 2023, respectively, compared to zero for the same periods ending August 31, 2022.

The future minimum lease receipts for the years ended November 31, 2023 are as follows:

Year	Amount
2023	$ 35,084
2024	70,360
	$ 105,444

The Company recognized a gain of $114,156 on the sale of an asset held for lease in the three and nine months ended August 31, 2023 compared to zero for the same periods ending August 31, 2022.