Income Statement

v3.24.0.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Nov. 30, 2023
Nov. 30, 2022
Net revenue $ 42,644 $ 48,036
Cost of goods sold (18,997) (21,758)
Gross profit 23,647 26,278
Operating expenses 31,437 34,009
LOSS FROM OPERATIONS (7,790) (7,731)
OTHER INCOME (EXPENSE)    
Foreign currency transaction loss (270) (87)
Interest income, net 693 201
Loss from joint venture (603) 0
Other expenses (57) (34)
LOSS BEFORE INCOME TAXES (8,027) (7,651)
Income tax provision (165) (234)
NET LOSS (8,192) (7,885)
Foreign exchange translation adjustment (436) (604)
COMPREHENSIVE LOSS $ (8,628) $ (8,489)
Net loss per share – basic and diluted (in dollars per share) $ (0.37) $ (0.35)
Weighted-average number of common shares outstanding during the year – basic and diluted (in shares) 21,919,624 22,364,201

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