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Note 9 - Property and Equipment
 6 Months Ended
May 31, 2022
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

9.

PROPERTY AND EQUIPMENT

 

The following table summarizes cost and accumulated depreciation as of May 31, 2022 and November 30, 2021, respectively (in thousands):

 

  

May 31,

  

November 30,

 
  

2022

  

2021

 

Computer equipment and software

 $331  $275 

Furniture and fixtures

  328   208 

Leasehold improvements

  606   157 

Machinery and equipment

  1,793   1,738 
   3,058   2,378 

Less: accumulated depreciation

  568   406 

Total

 $2,490  $1,972 

 

The Company recognized approximately $0.3 million in depreciation expense during the six months ended May 31, 2022 and 2021 and $0.09 million is presented in the operating expenses in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Loss.  The remaining $0.1 million of depreciation expense is for production machinery and is within cost of goods sold in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Loss.  The Company recognized approximately $0.1 million in depreciation expense during the three months ended May 31, 2022 and 2021.

 

At May 31, 2022 and November 30, 2021, the Company had deposits of $2.5 million and $1.3 million, respectively, with vendors primarily for supply of machinery (molds) and equipment where the vendors have not completed the supply of these assets and is presented as Deposits for equipment in the Condensed Consolidated Balance Sheets.