Quarterly report [Sections 13 or 15(d)]

Note 18 - Related Party Transactions

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Note 18 - Related Party Transactions
3 Months Ended
Feb. 28, 2026
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]

18.

RELATED PARTY TRANSACTIONS 

 

The following transactions are in the normal course of operations and are measured at the amount of consideration established and agreed to by related parties. Amounts due to related parties are unsecured, non-interest bearing and due on demand.

 

The Company subleases office premises at its Massachusetts headquarters to a corporation owned and controlled by the former Chief Executive Officer (“CEO”) of the Company, beginning July 1, 2020. The sublease is scheduled to terminate on April 30, 2026. Sublease payments received were a nominal amount for the three months ended February 28, 2026 and 2025.