Annual report pursuant to Section 13 and 15(d)

Note 15 - Stock-based Compensation (Tables)

v3.22.0.1
Note 15 - Stock-based Compensation (Tables)
12 Months Ended
Nov. 30, 2021
Notes Tables  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2021

   

2020

 

Risk free rate

    0.26 0.64%

 

    0.00 1.68%

 

Expected dividends

      0%

 

      0%

 

Expected volatility

    80 113%

 

    118 144%

 

Expected life (in years)

    4 5       2 5  

Market price of the Company’s common stock on date of grant

  $ 14.74 20.94     $ 1.90 14.80  

Exercise price

  $ 14.90 20.20     $ 1.90 15.00  
   

2021

   

2020

 

Risk free rate

        0.30 %         0.26 %

Expected dividends

        0.00 %         0.00 %

Expected volatility

        92 %         121 %

Expected life (in years)

        3           3  

Market price of the Company’s common stock on date of grant

  $ 20.9 26.9     $ 14.10 15.80  

Exercise price

  $     0     $     0  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
           

Weighted-Average

 
   

Stock

   

Exercise Price Per Stock

 
   

Options

   

Option

 

Outstanding, November 30, 2019

    291,167       1.40  

Granted

    453,550       3.30  

Expired

    (21,250

)

    (2.10

)

Exercised

    (5,500

)

    (1.90

)

Cancelled

    (12,000

)

    (13.80

)

Outstanding, November 30, 2020 (1)

    705,967       3.10  

Granted

    62,000       17.18  

Exercised

    (81,182

)

    (1.29

)

Cancelled

    (100,002

)

    (5.91

)

Outstanding, November 30, 2021 (2)

    586,783       3.48  
                 

Exercisable, November 30, 2021 (2)

    524,783          

Exercisable, November 30, 2020 (1)

    505,967          
   

2021

   

2020

 
   

(years)

   

(years)

 

Total outstanding options

    3.07       3.76  

Total exercisable options

    2.91       3.53  
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
   

RSUs

 

Outstanding, November 30, 2019

     

Granted

    1,573,500  

Outstanding, November 30, 2020

    1,573,500  

Granted

    174,493  

Vested

    (62,500

)

Cancelled

    (91,373

)

Outstanding, November 30, 2021

    1,594,120  

Exercisable, November 30, 2021