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LEASES (Tables)
12 Months Ended
Nov. 30, 2024
Leases [Abstract]  
Schedule of Lease Cost
The following table presents the various components of operating lease costs:
Fiscal Years Ended November 30,
202420232022
Operating lease cost$295,111 $216,774 $199,609 
Short-term lease cost89,001 21,802 20,451 
Variable lease cost44,237 58,283 45,997 
Sublease income(4,492)(5,394)(3,226)
Total operating lease cost$423,857 $291,465 $262,831 
The weighted-average remaining lease term and discount rate as of November 30, 2024 and 2023, respectively, were as follows:
As of November 30,
Operating lease term and discount rate20242023
Weighted-average remaining lease term (years)4.504.88
Weighted-average discount rate6.91 %6.41 %
Operating Lease Liability Maturity Schedule
The following table presents a maturity analysis of expected undiscounted cash flows for operating leases on an annual basis for the next five fiscal years and thereafter as of November 30, 2024:
Fiscal Years Ending November 30,
2025$293,978 
2026231,818 
2027176,497 
2028134,446 
202980,569 
Thereafter109,030 
Total payments1,026,338 
Less: imputed interest*164,538 
Total present value of lease payments$861,800 

*Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.
Schedule of Amounts Recorded In Consolidated Balance Sheet Related to Operating Leases
The following amounts were recorded in the consolidated balance sheet as of November 30, 2024 and 2023 related to the Company’s operating leases:
As of November 30,
Operating leasesBalance sheet location20242023
Operating lease ROU assetsOther assets, net$816,550 $813,590 
Current operating lease liabilitiesOther accrued liabilities235,912 229,010 
Non-current operating lease liabilitiesOther long-term liabilities625,888 623,290 
Schedule of Supplemental Cash Flow Information Related to Operating Leases
The following table presents supplemental cash flow information related to the Company’s operating leases. Cash payments related to variable lease costs and short-term leases are not included in the measurement of operating lease liabilities, and, as such, are excluded from the amounts below:
Fiscal Years Ended November 30,
Cash flow information202420232022
Cash paid for amounts included in the measurement of lease liabilities$310,859 $225,142 $196,168 
Non-cash ROU assets obtained in exchange for lease liabilities295,894 152,071 191,055