XML 35 R11.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Leases | 12 Months Ended
--- | ---
Nov. 30, 2023
Leases |
Leases | 5) Leases
(a) | Right-of-use asset
​
​ | ​ | ​ | ​
​ | ​ | in thousands of dollars
​ |  | $ |
Balance as at November 30, 2021 | ​ | 482 | ​
Net amortization | ​ | (163) | ​
Balance as at November 30, 2022 | ​ | 319 | ​
Net amortization | ​ | (206) | ​
Balance as at November 30, 2023 | ​ | 113 | ​
​
(b) | Lease liabilities
The Company’s lease arrangements primarily consist of an operating lease for our office space ending in June 2024. There are no extension options. Total lease expense recorded within general and administrative expenses was comprised of the following components: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | in thousands of dollars
​ | ​ | Year ended | ​ | ​ | Year ended | ​
​ | ​ | November 30, 2023 | ​ | ​ | November 30, 2022 | ​
​ | ​ | $ |  |  | $ |
Operating lease costs | ​ | 216 | ​ | ​ | 187 | ​
Variable lease costs | ​ | 140 | ​ | ​ | 143 | ​
Total lease expense | ​ | 356 | ​ | ​ | 330 | ​
​ Variable lease costs consist primarily of the Company’s portion of operating costs associated with the office space lease as the Company elected to apply the practical expedient not to separate lease and non-lease components. As of November 30, 2023, the remaining lease term was 0.6 years and the discount rate is 8%. Significant judgment was used in the determination of the incremental borrowing rate which included estimating the Company’s credit rating. Supplemental cash and non-cash information relating to our leases during the year ended November 30, 2023 are as follows:
| ● | Cash paid for amounts included in the measurement of lease liabilities was $198,912.
​ Future minimum payments relating to the lease recognized in our balance sheet as of November 30, 2023 are as follows: ​
​ | ​ | ​ | ​
​ |  | in thousands of dollars
​ | ​ | November 30, 2023 |
Fiscal year | ​ | $ |
2024 |  | 33 | ​
Total undiscounted lease payments |  | 33 | ​
Effect of discounting |  | — | ​
Present value of lease payments recognized as lease liability |  | 33 | ​
​

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

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration