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Note 18 - Income Taxes (Tables)

12 Months Ended

Nov. 30, 2024

Notes Tables

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

		Year Ended November 30,
		2024				2023
United States		$	8,226			$	(7,170	)
Foreign			(1,142	)			(857	)
Total		$	7,084			$	(8,027	)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year Ended November 30,
		2024				2023
Current expense:
Federal		$	6			$	—
State			123				36
Foreign			—				—
Total current expense:			129				36
Deferred expense (benefit):
Federal			(5,164	)			4
State			(673	)			2
Foreign			—				123
Total deferred expense (benefit)			(5,837	)			129
Total income tax provision (benefit)		$	(5,708	)		$	165

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year Ended November 30,
		2024				2023
Income at US statutory rate			21.00	%			21.00	%
State income taxes			3.15	%			0.86	%
Permanent differences			15.06	%			(6.65	)%
Foreign rate differential			(0.96	)%			0.59	%
Valuation allowance			(118.75	)%			(17.83	)%
Tax credits			(4.41	)%			—	%
Other			4.60	%			(0.02	)%
Total			(80.31	)%			(2.05	)%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		November 30,
		2024				2023
Net operating loss carryforwards		$	3,438			$	6,551
R&D tax credits			318				—
Stock compensation			1,033				1,835
Inventory reserve			107				245
Bad debt reserve			70				130
Accrued payroll			879				434
Warranty reserve			57				109
Foreign tax credit carryforwards			9				9
Capital loss carryover			115				—
Unrealized losses			14				18
Deferred revenue			21				53
Lease liability			583				410
R&E capitalization			802				399
Business interest limitation			325				—
Equity investments			—				136
Subtotal deferred tax assets			7,771				10,329
Valuation allowance			(837	)			(9,271	)
Total deferred tax assets			6,934				1,058
Depreciation and amortization			(555	)			(678	)
Right of use asset			(542	)			(390	)
Total deferred tax liabilities			(1,097	)			(1,068	)
Net deferred tax assets (liabilities)		$	5,837			$	(10	)

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

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+ References

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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