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-
Revenue
$-100.98M
Net Income
-
Gross Margin
-
Op. Margin
$-13.83M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 13 annual reports available (2013 - 2025)
Breakdown TTM
(Feb 28, 2026)
FY 2025
(Nov 30, 2025)
FY 2024
(Nov 30, 2024)
FY 2023
(Nov 30, 2023)
FY 2022
(Nov 30, 2022)
FY 2021
(Nov 30, 2021)
+ Total Revenue - - - - - -
Revenue Growth % nan% nan% nan% nan% nan% nan%
Operating Expenses $55.10M $47.29M $37.86M $40.31M $48.27M $36.84M
+ Operating Income $-55.10M $-47.29M $-37.86M $-40.31M $-48.27M $-36.84M
Operating Margin % nan% nan% nan% nan% nan% nan%
Interest Expense $14.82M $14.77M $14.77M $13.06M $7.96M $5.92M
Other Income/Expense $2.83M $1.90M $2.69M $782.00K $784.00K $282.00K
Income Before Tax - $-94.66M $-44.90M $-46.76M $-53.38M $-40.40M
Income Tax Expense - - $724.00K $39.00K $-33.00K $137.00K
+ Net Income $-100.98M $-94.66M $-45.62M $-46.80M $-53.34M $-40.54M
Net Margin % nan% nan% nan% nan% nan% nan%
Basic EPS -0.26 -0.25 -0.14 -0.14 -0.16 -0.12
Basic Shares Outstanding 415.1M 374.7M 334K 334K 333K 332K
Breakdown FY 2025
(Nov 30, 2025)
FY 2024
(Nov 30, 2024)
FY 2023
(Nov 30, 2023)
FY 2022
(Nov 30, 2022)
FY 2021
(Nov 30, 2021)
Cash & Cash Equivalents $110.14M $42.22M $45.75M $63.88M $91.12M
Other Current Assets $2.34M $1.53M $1.47M $2.23M $327.00K
Total Current Assets $117.49M $102.75M $127.22M $152.54M $169.45M
Long-term Investments $4.41M $3.39M - - -
Other Non-current Assets $5.22M $4.40M $3.00M $2.80M $2.25M
Total Assets $335.91M $109.75M $133.29M $159.19M $198.85M
Other Current Liabilities $301.00K $413.00K $404.00K $1.30M $1.06M
Total Current Liabilities $4.94M $4.49M $3.91M $4.60M $4.38M
Other Non-current Liabilities $885.00K $1.16M $859.00K $1.00M $464.00K
Total Liabilities $172.12M $157.17M $141.51M $129.29M $120.57M
Common Stock $2.25B $1.99B $1.99B $1.98B $1.98B
Retained Earnings $-2.20B $-2.10B $-2.06B $-2.01B $-1.96B
Total Stockholders Equity $163.79M $-47.42M $-8.22M $29.90M $78.28M
Total Liabilities & Equity $335.91M $109.75M $133.29M $159.19M $198.85M
Breakdown TTM
(Feb 28, 2026)
FY 2025
(Nov 30, 2025)
FY 2024
(Nov 30, 2024)
FY 2023
(Nov 30, 2023)
FY 2022
(Nov 30, 2022)
FY 2021
(Nov 30, 2021)
Net Income $-100.98M $-94.66M $-45.62M $-46.80M $-53.34M $-40.54M
Stock-based Compensation $7.60M $6.70M $7.24M $8.73M $8.21M $8.23M
Deferred Income Tax - - - - - -
Change in Working Capital - - $-368.00K $535.00K $2.06M $-1.78M
Operating Cash Flow $-13.83M $-14.03M $-12.64M $-7.79M $-12.37M $-9.86M
Purchases of Investments $280.00M $5.00M $119.00M $166.00M $132.00M $158.80M
Investing Cash Flow $-458.98M $-177.56M $9.36M $-10.33M $-12.36M $40.39M
Financing Cash Flow $553.59M $259.50M $-174.00K - $-2.12M $-731.00K
Net Change in Cash $83.52M $67.92M $-3.52M $-18.13M $-27.24M $30.22M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Feb 28, 2026
Condensed Consolidated Statements of Operations
Description Feb 28, 2026
Current Prior Year
Operating Expenses $14.91M $7.10M
Operating Income $-14.91M $-7.10M
Interest Expense $3.61M $3.57M
Other Income/Expense $1.44M $516.00K
Net Income $-15.44M $-9.12M
Basic EPS -0.04 -0.03
Basic Shares Outstanding $415.12M $334.64M
Condensed Consolidated Balance Sheets
Description Feb 28, 2026 Nov 30, 2025
Cash & Cash Equivalents $117.49M $110.14M
Short-term Investments $1.69M -
Other Current Assets $3.64M $2.34M
Total Current Assets $396.13M $117.49M
Long-term Investments - $4.41M
Other Non-current Assets $767.00K $5.22M
Total Assets $619.43M $335.91M
Other Current Liabilities $324.00K $301.00K
Total Current Liabilities $4.46M $4.94M
Other Non-current Liabilities $823.00K $885.00K
Total Liabilities $175.19M $172.12M
Common Stock $2.55B $2.25B
Retained Earnings $-2.22B $-2.20B
Total Stockholders Equity $444.24M $163.79M
Total Liabilities & Equity $619.43M $335.91M
Condensed Consolidated Statements of Cash Flows
Description Feb 28, 2026
Current Prior Year
Net Income $-15.44M $-9.12M
Stock-based Compensation $1.88M $983.00K
Operating Cash Flow $-5.26M $-5.46M
Purchases of Investments $275.00M -
Investing Cash Flow $-281.42M $-2.66M
Financing Cash Flow $294.00M $-82.00K
Net Change in Cash $7.35M $-8.26M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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