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Note 9 - Property and Equipment
 9 Months Ended
Aug. 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 (in thousands):

 

  

August 31,

  

November 30,

 
  

2022

  

2021

 

Computer equipment and software

 $327  $275 

Furniture and fixtures

  359   208 

Leasehold improvements

  729   157 

Machinery and equipment

  2,297   1,738 
   3,712   2,378 

Less: accumulated depreciation

  677   406 

Total

 $3,035  $1,972 

 

The Company recognized approximately $0.4 million and $0.3 million in depreciation expense during the nine months ended August 31, 2022 and 2021, respectively.  The Company recognized approximately $0.2 million and $0.1 million in depreciation expense during the three months ended August 31, 2022 and 2021, respectively.  Depreciation expense is presented in the operating expenses and within cost of goods sold in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Loss.

 

At August 31, 2022 and November 30, 2021, the Company had deposits of $2.0 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.