Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Stock-based Compensation (Tables)

v3.24.1
Note 13 - Stock-based Compensation (Tables)
3 Months Ended
Feb. 29, 2024
Notes Tables  
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Risk free rate

    4.33 %

Expected dividends

  $  

Expected volatility

    33 %

Expected life (in years)

    2.7  

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

  $ 6.03  

Risk free rate

  4.10%

Expected dividends

$

Expected volatility

  75.75%

Expected life (in years)

  6.5

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

$ 6.89
     
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
   

RSUs

 

Unvested and outstanding as of November 30, 2023

    578,250  

Granted

    697,974  

Settled

    (39,773 )

Forfeited

    (24,417 )

Unvested and outstanding at February 29, 2024

    1,212,034  
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
               
           

Weighted-Average

 
   

Stock

   

Exercise Price Per Stock

 
   

Options

   

Option

 

Outstanding, November 30, 2023

    1,384,666     $ 7.12  

Granted

    199,500       6.89  

Exercised

    (205,000 )     2.06  

Outstanding, February 29, 2024

    1,379,166     $ 8.80  

Exercisable, February 29, 2024

    467,257     $ 8.74  

 

 

Of the 205,000 shares issued upon exercise of options, 37,023 options were used due to the exercise was cashless.