Byrna Technologies Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 8 - Property and Equipment

Note 8 - Property and Equipment

12 Months Ended

Nov. 30, 2021

Property, Plant and Equipment Disclosure [Text Block]

8.	PROPERTY AND EQUIPMENT

The following table summarizes cost and accumulated depreciation as of November 30, 2021 and 2020, respectively (in thousands).

	November 30,
	2021		2020
Computer equipment and software	$	275	$	204
Furniture and fixtures		208		105
Leasehold improvements		157		144
Injection molds		1,738		1,324
		2,378		1,777
Less: accumulated depreciation		406		557
Total	$	1,972	$	1,220

The Company recognized $0.3 million and $0.2 million in depreciation and amortization expense during the years ended November 30, 2021 and 2020, respectively.

At November 31, 2021 and 2020, the Company deposited $1.3 million and $0.6 million, respectively, with vendors primarily for supply of molds and equipment where the vendors have not completed supply of these assets.