RESTRICTED CASH |
9 Months Ended | ||
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Aug. 31, 2020 | |||
| Restricted Cash [Abstract] | |||
| RESTRICTED CASH |
The Company’s restricted cash - current was $7,136,946 and $0 at August 31, 2020 and November 30, 2019, respectively. The majority is due to holds placed on its use by the Company’s merchant services vendor pending fulfillment of backorders prepaid by credit cards or PayPal. The Company’s long-term restricted cash of $92,000 at August 31, 2020 and November 30, 2019, respectively, consists of cash that the Company is contractually obligated to maintain in accordance with the terms of its November 2019 lease agreement. |
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- Definition The entire disclosure for assets that are restricted in their use, generally by contractual agreements or regulatory requirements. This would include, but not limited to, a description of the restricted assets and the terms of the restriction. No definition available.
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- References No definition available.
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