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Revenue
$-45.68M
Net Income
-
Gross Margin
-
Op. Margin
$-7.41M
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)
Operating Expenses $10.81M $9.42M $6.70M $7.23M $6.92M $8.62M
Net Income $-45.68M $-42.24M $-8.59M $-14.95M $-24.26M $-21.66M
Basic EPS -0.27 -0.26 -0.05 -0.10 -0.17 -0.15
Diluted EPS -0.27 -0.26 -0.05 -0.10 -0.17 -0.15
Basic Shares Outstanding 171.9M 164.8M 159.8M 152.6M 145.7M 144.4M
Diluted Shares Outstanding 171.9M 164.8M 159.8M 152.6M 145.7M 144.4M
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 $51.61M $25.83M $2.59M $2.57M $6.31M
Accounts Receivable $118.00K $16.00K $33.00K $17.00K $19.00K
Total Current Assets $51.92M $26.05M $2.88M $2.91M $6.61M
Property Plant & Equipment - - $4.00K $12.00K $29.00K
Total Assets $157.30M $133.70M $138.02M $146.00M $167.31M
Accrued Liabilities $311.00K $62.00K - - -
Total Current Liabilities $33.11M $793.00K $465.00K $534.00K $1.03M
Total Liabilities $33.18M $903.00K $465.00K $567.00K $1.27M
Common Stock $225.24M $190.50M $187.89M $182.18M $180.82M
Retained Earnings $-132.64M $-90.40M $-81.81M $-66.86M $-42.60M
Total Stockholders Equity $124.12M $132.79M $137.56M $145.43M $166.04M
Total Liabilities & Equity $157.30M $133.70M $138.02M $146.00M $167.31M
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 $-45.68M $-42.24M $-8.59M $-14.95M $-24.26M $-21.66M
Depreciation & Amortization - - $4.00K $8.00K $17.00K $21.00K
Stock-based Compensation $-4.17M $-3.34M $-3.52M $-3.75M $-3.43M $-3.47M
Change in Receivables $-11.00K $-8.00K $-17.00K $16.00K $-2.00K $-110.00K
Operating Cash Flow $-7.41M $-3.25M $-1.83M $-3.09M $-3.94M $-5.12M
Investing Cash Flow - $-1.00M $25.00M - $142.00K $-119.00K
Stock Issued - $25.00M - - - -
Financing Cash Flow $31.54M $30.01M $74.00K $3.12M $54.00K $416.00K
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 $4.62M $3.23M
Net Income $-7.06M $-3.62M
Basic EPS -0.04 -0.02
Diluted EPS -0.04 -0.02
Basic Shares Outstanding $171.94M $162.83M
Diluted Shares Outstanding $171.94M $162.83M
Condensed Consolidated Balance Sheets
Description Feb 28, 2026 Nov 30, 2025
Cash & Cash Equivalents $47.78M $51.61M
Accounts Receivable $112.00K $118.00K
Total Current Assets $48.02M $51.92M
Total Assets $154.54M $157.30M
Accrued Liabilities $279.00K $311.00K
Total Current Liabilities $33.00M $33.11M
Total Liabilities $33.06M $33.18M
Common Stock $227.82M $225.24M
Retained Earnings $-139.70M $-132.64M
Total Stockholders Equity $121.48M $124.12M
Total Liabilities & Equity $154.54M $157.30M
Condensed Consolidated Statements of Cash Flows
Description Feb 28, 2026
Current Prior Year
Net Income $-7.06M $-3.62M
Stock-based Compensation $-3.10M $-2.26M
Change in Receivables $-7.00K $3.00K
Operating Cash Flow $-2.74M $-748.00K
Investing Cash Flow $-2.50M -
Stock Issued $1.19M -
Financing Cash Flow $1.33M $131.00K

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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