Note Payable (Tables)

9 Months Ended

Aug. 31, 2019

Debt Disclosure [Abstract]

Schedule of Note Payable Obligation

As of August 31, 2019 and November 30, 2018, the note payable obligation was as follows:

	August 31, 2019			November 30, 2018
Note payable	$	9,883,433		$	13,208,433
Unamortized debt issuance costs		(178,906	)		(264,923	)
Net note payable	$	9,704,527		$	12,943,510
Current portion of note payable	$	3,100,000		$	3,100,000
Long-term note payable, net of debt issuance costs		6,604,527			9,843,510
Total	$	9,704,527		$	12,943,510

Summary of Interest Expense on Note Payable

Interest expense on the note payable for the three and nine months ended August 31, 2019 and August 31, 2018 was as follows:

	For the three months ended August 31, 2019		For the nine months ended August 31, 2019
Interest expense on notes payable	$	162,134	$	523,818
Debt issuance costs		28,014		86,014
Total interest expense	$	190,148	$	609,832

	For the three months ended August 31, 2018		For the nine months ended August 31, 2018
Interest expense on notes payable	$	204,609	$	393,254
Debt issuance costs		28,337		79,876
Total interest expense	$	232,946	$	473,130