Annual report pursuant to Section 13 and 15(d)

Note 19 - Income Taxes (Tables)

v3.22.0.1
Note 19 - Income Taxes (Tables)
12 Months Ended
Nov. 30, 2021
Notes Tables  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
   

Year Ended November 30,

 
   

2021

   

2020

 

United States

  $ (2,911

)

  $ (13,572

)

Foreign

    (532

)

    1,312  

Total

  $ (3,443

)

  $ (12,260

)

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   

Year Ended November 30,

 
   

2021

   

2020

 

Current expense (benefit):

               

Federal

  $     $  

State

    14        

Foreign

    (165

)

    293  

Total current expense (benefit):

    (151

)

    293  
                 

Deferred expense (benefit):

               

Federal

           

State

           

Foreign

    (9

)

     

Total deferred expense (benefit)

    (9

)

     
                 

Total income tax expense (benefit)

  $ (160

)

  $ 293  
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   

Year Ended November 30,

 
   

2021

   

2020

 

Income at US statutory rate

    21.00

%

    21.00

%

State taxes, net of Federal benefit

    (0.31

)%

    6.58

%

Permanent differences

    (0.34

)%

    (13.60

)%

Foreign Taxes

    6.34

%

    -  

Foreign rate differential

    (4.52

)%

    (0.75

)%

Valuation allowance

    (9.05

)%

    (12.30

)%

Other

    (8.52

)%

    (3.32

)%

Total

    4.60

%

    (2.39

)%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
   

November 30,

 
   

2021

   

2020

 

Depreciation and amortization

  $ (412

)

  $ (270

)

Stock compensation

    1,103       335  

Inventory reserve

    95       29  

Bad debt reserve

    3       3  

Accrued payroll

    363       183  

Warranty reserve

    160       90  

Foreign tax credit carryforwards

    9        

Unrealized gain/(loss) on investments

    4        

Net operating loss (“NOL”) carryforwards

    5,226       5,950  

Total deferred tax assets

    6,551       6,320  

Valuation allowance

    (6,551

)

    (6,320

)

Net deferred tax assets (liabilities)

  $     $