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Note 8 - Inventory | 12 Months Ended
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Nov. 30, 2024
Notes to Financial Statements |
Inventory Disclosure [Text Block] |
8. | INVENTORY
The following table summarizes inventory (in thousands):
|  | November 30, |  |  | November 30, |
|  | 2024 |  |  | 2023 |
Raw materials |  | $ | 10,307 |  |  | $ | 7,543 |
Work in process |  |  | 3,433 |  |  |  | 2,439 |
Finished goods |  |  | 6,232 |  |  |  | 3,908 |
Total |  | $ | 19,972 |  |  | $ | 13,890 |
The Company reviews inventory for excess and obsolete products and makes provisions based on its estimate of the probability that the material will not be consumed or that it will be sold below cost. The inventory reserves were $0.4 million and $0.7 million at November 30, 2024 and 2023, respectively.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
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