XML 37 R22.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Note 15 - Earnings Per Share | 12 Months Ended
--- | ---
Nov. 30, 2024
Notes to Financial Statements |
Earnings Per Share [Text Block] |
15. | EARNINGS PER SHARE
For the year ended November 30, 2024, the Company recorded net income and, as such, used diluted weighted-average common shares outstanding when calculating diluted income per share for the year ended November 30, 2024. Stock options and RSUs that could potentially dilute basic earnings per share (“EPS”) in the future are included in the computation of diluted income per share. For the year ended November 30, 2023, the Company recorded net loss available to common shareholders. As such, because the dilution impact from potential common shares was antidilutive, the Company used basic weighted-average common shares outstanding, rather than diluted weighted-average common shares outstanding when calculating diluted loss per share for the year ended November 30, 2023.
|  | November 30, |
|  | 2024 |  |  | 2023 |
Net income (loss) |  | $ | 12,792 |  |  | $ | (8,192 | )
Weighted-average number of shares used in computing net loss per share, basic |  |  | 22,504,938 |  |  |  | 21,919,624 |
Weighted-average number of shares used in computing net loss per share, diluted |  |  | 23,139,549 |  |  |  | 21,919,624 |
Net income (loss) per share - basic |  | $ | 0.57 |  |  | $ | (0.37 | )
Net income (loss) per share - diluted |  | $ | 0.55 |  |  | $ | (0.37 | )
The Company’s potential dilutive securities, which include stock options and RSUs have been excluded from the computation of diluted net income (loss) per share as the effect would be anti-dilutive. Therefore, the weighted-average number of common shares outstanding used to calculate both basic and diluted net income (loss) per share attributable to common stockholders is the same. The following potential common shares, presented based on amounts outstanding at each period end, were excluded from the calculation of diluted net income (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:
|  | November 30, |
|  | 2024 |  |  | 2023 |
Stock Options |  |  | 256,423 |  |  |  | 1,384,666 |
Restricted Stock |  |  | 19,374 |  |  |  | 578,250 |
Total |  |  | 275,797 |  |  |  | 1,962,916 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration