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Note 10 - Assets Held for Lease
3 Months Ended
Feb. 29, 2024
Notes to Financial Statements  
Disclosure of Assets Available for Sale, Not Part of Discontinued Operations [Text Block]

 

 

10)

Assets Held for Lease

 

Major components of assets held for lease are:

  

February 29, 2024

  

November 30, 2023

 

Modular Buildings

 $166,369  $145,494 

Total assets held for lease

 $166,369  $145,494 

 

There were approximately $36,000 rents recognized from assets held for lease included in sales on the Condensed Consolidated Statements of Operations during the three months ended February 29, 2024, respectively, compared to $32,000 for the same periods ending February 28, 2023.

 

The future minimum lease receipts for the years ended November 30, 2024 are as follows:

 

Year

 

Amount

 

2024

 $111,680 

2025

  70,931 
  $182,611