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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Aug. 31, 2023
Aug. 31, 2022
Sales $ 8,117,422 $ 7,476,215 $ 23,428,681 $ 19,030,526
Cost of goods sold 5,816,798 5,516,558 16,757,586 13,876,238
Gross profit 2,300,624 1,959,657 6,671,095 5,154,288
Expenses        
Engineering 170,595 168,098 439,387 446,112
Selling 566,327 417,822 1,608,752 1,407,450
General and administrative 1,095,479 873,469 3,178,285 2,790,825
Total expenses 1,832,401 1,459,389 5,226,424 4,644,387
Income from operations 468,223 500,268 1,444,671 509,901
Other income (expense):        
Interest expense (160,792) (118,204) (419,802) (270,518)
Other (2,528) 3,179 141,079 2,353
Total other expense (163,320) (115,025) (278,723) (268,165)
Income from continuing operations before income taxes 304,903 385,243 1,165,948 241,736
Income tax expense 64,030 81,236 245,019 51,055
Net income (loss) from continuing operations 240,873 304,007 920,929 190,681
Discontinued Operations (Note 3)        
Loss from operations of discontinued operations (398,611) (83,944) (438,081) (233,559)
Income tax benefit (83,708) (17,712) (91,997) (49,281)
Net income (loss) on discontinued operations (314,903) (66,232) (346,084) (184,278)
Net income (loss) $ (74,030) $ 237,775 $ 574,845 $ 6,403