Balance Sheet

v3.24.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Aug. 31, 2024
Nov. 30, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 20,077 $ 20,498
Accounts receivable, net 2,128 2,945
Inventory, net 19,797 13,890
Prepaid expenses and other current assets 1,983 868
Total current assets 43,985 38,201
LONG TERM ASSETS    
Intangible assets, net 3,401 3,583
Deposits for equipment 1,927 1,163
Right-of-use asset, net 2,404 1,805
Property and equipment, net 3,481 3,803
Goodwill 2,258 2,258
Loan to joint venture 0 1,473
Other assets 1,548 28
TOTAL ASSETS 59,004 52,314
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 11,124 6,158
Operating lease liabilities, current 596 644
Deferred revenue, current 818 1,844
Total current liabilities 12,538 8,646
LONG TERM LIABILITIES    
Deferred revenue, non-current 28 91
Operating lease liabilities, non-current 1,899 1,258
Total liabilities 14,465 9,995
COMMITMENTS AND CONTINGENCIES (NOTE 19)
STOCKHOLDERS’ EQUITY    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, no shares issued 0 0
Common stock, $0.001 par value, 50,000,000 shares authorized. 24,977,422 shares issued and 22,498,389 shares outstanding as of August 31, 2024, and 24,168,014 shares issued and 22,002,027 outstanding as of November 30, 2023 24 24
Additional paid-in capital 132,364 130,426
Treasury stock (2,479,033 and 2,165,987 shares purchased as of August 31, 2024 and November 30, 2023, respectively) (20,747) (17,500)
Accumulated deficit (66,456) (69,575)
Accumulated other comprehensive loss (646) (1,056)
Total Stockholders’ Equity 44,539 42,319
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 59,004 $ 52,314

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