Annual report [Section 13 and 15(d), not S-K Item 405]

Note 19 - Segment and Geographical Disclosures (Tables)

v3.25.4
Note 19 - Segment and Geographical Disclosures (Tables)
12 Months Ended
Nov. 30, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

Revenue

 

U.S./Mexico

   

South Africa

   

Europe/South America/Asia

   

Canada

   

Total

 

2025

  $ 106,128     $ 1,365     $ 8,114     $ 2,513     $ 118,120  

2024

  $ 78,932     $ 198     $ 4,156     $ 2,470     $ 85,756  

Total Assets

 

US

   

South Africa

   

Canada

   

Total

 

2025

  $ 80,160     $ 3,990     $ 338     $ 84,488  

2024

  $ 66,794     $ 5,128     $     $ 71,922  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

Long-lived assets

 

US

   

South Africa

   

Total

 

2025

  $ 14,256     $ 93     $ 14,349  

2024

  $ 10,966     $ 896       11,862  
Reconciliation of Revenue from Segments to Consolidated [Table Text Block]
   

Year Ended

 
   

November 30, 2025

 
                         
   

DTC

   

Wholesale

   

Total

 

Revenue

  $ 76,572     $ 41,548     $ 118,120  

COS

    26,493       20,157       46,650  

Gross Margin

  $ 50,079     $ 21,391     $ 71,470  

Gross Margin %

    65.4 %     51.5 %     60.5 %
                         

Operating Expenses

                  $ 59,632  
                         

Profit from operations

                  $ 11,838  

Operating Margin %

                    10.0 %
   

Year Ended

 
   

November 30, 2024

 
                         
   

DTC

   

Wholesale

   

Total

 

Revenue

  $ 65,856     $ 19,900     $ 85,756  

COS

    22,863       10,121     $ 32,984  

Gross Margin

  $ 42,993     $ 9,779     $ 52,772  

Gross Margin %

    65.3 %     49.1 %     61.5 %
                         

Operating Expenses

                  $ 46,101  
                         

Profit from operations

                  $ 6,671  

Operating Margin %

                    7.8 %