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Note 2 - Operations and Management Plans | 9 Months Ended
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Aug. 31, 2023
Notes to Financial Statements |
Operations and Management Plans Disclosure [Text Block] |
2. | OPERATIONS AND MANAGEMENT PLANS
From inception to August 31, 2023, the Company has incurred an accumulated deficit of $68.7 million. The Company has funded operations through the issuance of common stock. The Company generated $27.0 million in revenue and net loss of $7.4 million for the nine months ended August 31, 2023. The Company is expected to continue to incur significant losses before the Company's revenues are sufficient to sustain its operations. The Company’s future success is dependent upon its ability to continue to raise sufficient capital or generate adequate revenues, to cover its ongoing operating expenses, and also to continue to develop and be able to profitably market its products. Management projects that all cash needs will be met beyond one year from the time these financial statements are issued.

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