Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.22.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Options One [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Options One [Member]
Common Stock [Member]
Options One [Member]
Treasury Stock [Member]
Options One [Member]
Additional Paid-in Capital [Member]
Options One [Member]
Retained Earnings [Member]
Options One [Member]
AOCI Attributable to Parent [Member]
Options One [Member]
Options Two [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Options Two [Member]
Common Stock [Member]
Options Two [Member]
Treasury Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Nov. 30, 2020                     1,391 14,852,023 0        
Balance at Nov. 30, 2020                     $ 0 $ 15 $ 0 $ 58,581 $ (50,215) $ 28 $ 8,409
Stock-based compensation                     0 0 0 1,546 0 0 1,546
Issuance of common stock pursuant to exercise of stock options (in shares) 0 22,667 0                            
Issuance of common stock pursuant to exercise of stock options $ 0 $ 0 $ 0 $ 35 $ 0 $ 0 $ 35                    
Net income (loss)                     0 0 0 0 1,765 0 1,765
Foreign currency translation adjustment for the period                     $ 0 $ 0 $ 0 0 0 178 178
Conversion of preferred shares and accrued dividends on preferred shares (in shares)                     (1,391) 5,332,147 0        
Conversion of preferred shares and accrued dividends on preferred shares                     $ 0 $ 5 $ 0 1,038 1,043
Warrant exercises                     0 0 0 1,217 0 0 1,217
Dividends declared on preferred shares                     (1,043) (1,043)
Balance (in shares) at May. 31, 2021                     0 20,693,521 0        
Balance at May. 31, 2021                     $ 0 $ 20 $ 0 61,374 (48,450) 206 13,150
Cancellation of shares                     $ 0 $ 0 $ 0 0 0 0 0
Balance (in shares) at Feb. 28, 2021                     1,391 14,920,109 0        
Balance at Feb. 28, 2021                     $ 0 $ 15 $ 0 59,430 (50,487) 86 9,044
Stock-based compensation                     0 0 0 853 0 0 853
Issuance of common stock pursuant to exercise of stock options (in shares) 0 8,000 0         0 433,265 0              
Issuance of common stock pursuant to exercise of stock options $ 0 $ 0 $ 0 $ 13 $ 0 $ 0 $ 13                    
Net income (loss)                     0 0 0 0 2,037 0 2,037
Foreign currency translation adjustment for the period                     $ 0 $ 0 $ 0 0 0 120 120
Conversion of preferred shares and accrued dividends on preferred shares (in shares)                     (1,391) 5,332,147 0        
Conversion of preferred shares and accrued dividends on preferred shares                     $ 0 $ 5 $ 0 1,038 0 0 1,043
Warrant exercises                     0 0 0 1,083 0 0 1,083
Dividends declared on preferred shares                     $ 0 $ 0 $ 0 (1,043) 0 0 (1,043)
Balance (in shares) at May. 31, 2021                     0 20,693,521 0        
Balance at May. 31, 2021                     $ 0 $ 20 $ 0 61,374 (48,450) 206 13,150
Balance (in shares) at Nov. 30, 2021                     0 23,754,096 0        
Balance at Nov. 30, 2021                     $ 0 $ 23 $ 0 119,589 (53,498) (16) 66,098
Stock-based compensation                     $ 0 $ 0 $ 0 1,372 0 0 $ 1,372
Issuance of common stock pursuant to exercise of stock options (in shares)                     0 250,250 0       250,250
Issuance of common stock pursuant to exercise of stock options                     $ 0 $ 0 $ 0 457 0 0 $ 457
Repurchase of common shares under Stock Buyback Plan (in shares)                     0 0 (1,779,958)        
Repurchase of common shares under Stock Buyback Plan                     $ 0 $ 0 $ (15,000) 0 0 0 (15,000)
Reclassification of stock-based compensation plan modification                     0 0 0 (1,043) 0 0 (1,043)
Net income (loss)                     0 0 0 0 (6,217) 0 (6,217)
Foreign currency translation adjustment for the period                     $ 0 $ 0 $ 0 0 0 14 14
Balance (in shares) at May. 31, 2022                     0 24,008,219 (1,779,958)        
Balance at May. 31, 2022                     $ 0 $ 23 $ (15,000) 120,375 (59,715) (1) 45,682
Issuance of common stock pursuant to exercise of restricted stock units (in shares)                     0 3,873 0        
Issuance of common stock pursuant to exercise of restricted stock units                     $ 0 $ 0 $ 0 0 0 0 0
Balance (in shares) at Feb. 28, 2022                     0 23,960,588 (296,168)        
Balance at Feb. 28, 2022                     $ 0 $ 23 $ (2,654) 120,767 (56,719) (10) 61,407
Stock-based compensation                     $ 0 $ 0 $ 0 560 0 0 560
Issuance of common stock pursuant to exercise of stock options (in shares)                     0 47,631 0        
Issuance of common stock pursuant to exercise of stock options                     $ 0 $ 0 $ 0 90 0 0 90
Repurchase of common shares under Stock Buyback Plan (in shares)                     0 0 (1,483,790)        
Repurchase of common shares under Stock Buyback Plan                     $ 0 $ 0 $ (12,346) 0 0 0 (12,346)
Reclassification of stock-based compensation plan modification                     0 0 0 (1,043) 0 0 (1,043)
Net income (loss)                     0 0 0 (2,996) 0 (2,996)
Foreign currency translation adjustment for the period                     $ 0 $ 0 $ 0 0 9 9
Balance (in shares) at May. 31, 2022                     0 24,008,219 (1,779,958)        
Balance at May. 31, 2022                     $ 0 $ 23 $ (15,000) $ 120,375 $ (59,715) $ (1) $ 45,682