Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Balance Sheets

v3.22.4
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Nov. 30, 2022
Nov. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 20,068 $ 56,308
Restricted cash 0 92
Accounts receivable, net 5,915 1,658
Inventory, net 15,462 6,613
Prepaid expenses and other current assets 1,200 1,490
Total current assets 42,645 66,161
Intangible assets, net carrying amount 3,872 3,668
Deposits for equipment 2,269 1,293
Right-of-use-asset, net 2,424 1,086
Property and equipment, net 3,309 1,972
Goodwill 2,258 816
Other assets 272 318
TOTAL ASSETS 57,049 75,314
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 7,708 6,996
Operating lease liabilities, current 757 463
Deferred revenue 458 720
Total current liabilities 8,923 8,179
LONG TERM LIABILITIES    
Deferred revenue, non-current 340 405
Operating lease liabilities, non-current 1,792 632
Total Liabilities 11,055 9,216
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. 24,018,612 shares issued and 21,852,625 outstanding as of November 30, 2022 and, 23,754,096 shares issued and outstanding as of November 30, 2021 23 23
Additional paid-in capital 125,474 119,589
Treasury stock (2,165,987 and 0 shares purchased) (17,500) 0
Accumulated deficit (61,383) (53,498)
Accumulated other comprehensive (loss) income (620) (16)
Total Stockholders’ Equity 45,994 66,098
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 57,049 $ 75,314