$40.68M
Revenue
$-7.42M
Net Income
8.55%
Gross Margin
-16.41%
Op. Margin
$-12.47M
Free Cash Flow
| Breakdown | Q1 2026 (Nov 30, 2025) |
Q4 2025 (Aug 31, 2025) |
Q3 2025 (May 31, 2025) |
Q2 2025 (Feb 28, 2025) |
Q1 2025 (Nov 30, 2024) |
Q4 2024 (Aug 31, 2024) |
Q3 2024 (May 31, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $8.65M | $10.37M | $12.61M | $9.05M | $9.27M | $13.21M | $15.90M |
| Revenue Growth % (YoY) | -6.6% | -21.5% | -20.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $9.73M | $9.52M | $10.72M | $7.24M | $7.57M | $11.30M | $12.94M |
| Gross Profit | $-1.08M | $853.38K | $1.89M | $1.82M | $1.69M | $1.91M | $2.95M |
| Gross Margin % | -12.5% | 8.2% | 15.0% | 20.1% | 18.3% | 14.5% | 18.6% |
| Operating Expenses | $2.71M | $2.29M | $2.58M | $2.59M | $2.55M | $2.22M | $2.90M |
| Selling General & Admin | $1.40M | $1.10M | $1.01M | $940.17K | $809.21K | $945.79K | $1.03M |
| Operating Income | $-3.78M | $-1.43M | $-687.78K | $-770.49K | $-858.14K | $-310.09K | $55.59K |
| Operating Margin % | -43.7% | -13.8% | -5.5% | -8.5% | -9.3% | -2.3% | 0.3% |
| Interest Expense | $129.76K | - | - | - | - | - | - |
| Other Income/Expense | $-129.15K | $-93.45K | $-74.15K | $9.40K | $22.80K | $22.17K | $13.00 |
| Income Before Tax | $-3.91M | $-1.53M | $-761.93K | $-761.09K | $-835.35K | $-287.93K | $55.61K |
| Income Tax Expense | $30.38K | - | $-112.29K | $-187.99K | $-176.63K | $282.71K | $99.25K |
| Net Income | $-3.94M | $-2.25M | $-649.63K | $-573.09K | $-658.72K | $-190.50K | $154.86K |
| Net Margin % | -45.6% | -21.7% | -5.2% | -6.3% | -7.1% | -1.4% | 1.0% |
| Basic EPS | -1.12 | -0.64 | -0.18 | -0.16 | -0.19 | -0.05 | 0.04 |
| Diluted EPS | -1.12 | -0.64 | -0.18 | -0.16 | -0.19 | -0.05 | 0.04 |
| Basic Shares Outstanding | 3.5M | 242 | 3.5M | 3.5M | 3.5M | 822 | 3.5M |
| Diluted Shares Outstanding | 3.5M | 242 | 3.5M | 3.5M | 3.5M | 822 | 3.5M |
| Breakdown | Q1 2026 (Nov 30, 2025) |
Q4 2025 (Aug 31, 2025) |
Q3 2025 (May 31, 2025) |
Q2 2025 (Feb 28, 2025) |
Q1 2025 (Nov 30, 2024) |
Q4 2024 (Aug 31, 2024) |
Q3 2024 (May 31, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.04M | - | - | - | - | - | - |
| Accounts Receivable | $3.31M | $3.86M | $6.79M | $5.64M | $4.18M | $3.67M | $7.41M |
| Inventory | $13.53M | $15.89M | $15.26M | $14.88M | $13.49M | $13.16M | $13.47M |
| Total Current Assets | $20.04M | $21.72M | $24.52M | $23.03M | $22.28M | $23.19M | $23.34M |
| Property Plant & Equipment | $3.09M | $3.64M | $3.70M | $3.74M | $3.81M | $3.85M | $4.48M |
| Intangible Assets | $111.18K | $111.39K | $111.60K | $111.81K | $112.01K | $112.22K | $112.43K |
| Total Assets | $23.25M | $25.48M | $29.24M | $27.63M | $26.75M | $27.49M | $28.33M |
| Accounts Payable | $1.20M | $1.51M | $1.86M | $2.31M | $1.10M | $1.24M | $787.56K |
| Accrued Liabilities | $970.97K | $1.08M | $1.91M | $1.64M | $1.45M | $1.40M | $2.25M |
| Total Liabilities | $6.41M | $4.70M | $6.21M | $3.95M | $2.55M | $2.64M | $3.29M |
| Common Stock | $830.00K | $830.00K | $830.00K | $830.00K | $826.86K | $826.86K | $826.86K |
| Retained Earnings | $15.15M | $19.10M | $21.35M | $22.00M | $22.57M | $23.23M | $23.42M |
| Total Stockholders Equity | $16.84M | $20.78M | $23.03M | $23.68M | $24.19M | $24.85M | $25.04M |
| Total Liabilities & Equity | $23.25M | $25.48M | $29.24M | $27.63M | $26.75M | $27.49M | $28.33M |
| Breakdown | Q1 2026 (Nov 30, 2025) |
Q4 2025 (Aug 31, 2025) |
Q3 2025 (May 31, 2025) |
Q2 2025 (Feb 28, 2025) |
Q1 2025 (Nov 30, 2024) |
Q4 2024 (Aug 31, 2024) |
Q3 2024 (May 31, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $-3.94M | $-2.25M | $-649.63K | $-1.23M | $-658.72K | $-190.50K | $912.26K |
| Depreciation & Amortization | $77.61K | $80.23K | $242.30K | $162.29K | $81.07K | $84.52K | $79.41K |
| Deferred Income Tax | - | - | $-561.07K | $-395.37K | $-207.00K | $55.76K | $-76.91K |
| Change in Receivables | $-550.41K | $-2.93M | $3.12M | $1.97M | $514.89K | $-3.74M | $1.77M |
| Change in Inventory | $-2.36M | $627.67K | $2.10M | $1.72M | $334.30K | $-313.69K | $-4.87M |
| Operating Cash Flow | $-1.32M | $-636.41K | $-5.98M | $-4.36M | $-1.78M | $3.79M | $2.23M |
| Capital Expenditure | - | $21.63K | $93.38K | $56.65K | $37.30K | - | $110.54K |
| Investing Cash Flow | - | $-21.63K | $-92.58K | $-55.85K | $-36.50K | $4.04K | $-3.89K |
| Financing Cash Flow | $2.13M | $-320.47K | $2.42M | - | - | - | $-1.26M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Nov 30, 2025
Condensed Consolidated Statements of Operations
| Description | Nov 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $8.65M | $9.27M |
| Cost of Revenue | $9.73M | $7.57M |
| Gross Profit | $-1.08M | $1.69M |
| Operating Expenses | $2.71M | $2.55M |
| Selling General & Admin | $1.40M | $809.21K |
| Operating Income | $-3.78M | $-858.14K |
| Interest Expense | $129.76K | $1.25K |
| Other Income/Expense | $-129.15K | $22.80K |
| Income Before Tax | $-3.91M | $-835.35K |
| Income Tax Expense | $30.38K | $-176.63K |
| Net Income | $-3.94M | $-658.72K |
| Basic EPS | -1.12 | -0.19 |
| Diluted EPS | -1.12 | -0.19 |
| Basic Shares Outstanding | $3.52M | $3.50M |
| Diluted Shares Outstanding | $3.52M | $3.50M |
Condensed Consolidated Balance Sheets
| Description | Nov 30, 2025 | Aug 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.04M | $226.21K |
| Accounts Receivable | $3.31M | $3.86M |
| Inventory | $13.53M | $15.89M |
| Total Current Assets | $20.04M | $21.72M |
| Property Plant & Equipment | $3.09M | $3.64M |
| Intangible Assets | $111.18K | $111.39K |
| Total Assets | $23.25M | $25.48M |
| Accounts Payable | $1.20M | $1.51M |
| Accrued Liabilities | $970.97K | $1.08M |
| Total Liabilities | $6.41M | $4.70M |
| Common Stock | $830.00K | $830.00K |
| Retained Earnings | $15.15M | $19.10M |
| Total Stockholders Equity | $16.84M | $20.78M |
| Total Liabilities & Equity | $23.25M | $25.48M |
Condensed Consolidated Statements of Cash Flows
| Description | Nov 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-3.94M | $-658.72K |
| Depreciation & Amortization | $77.61K | $81.07K |
| Change in Receivables | $-550.41K | $514.89K |
| Change in Inventory | $-2.36M | $334.30K |
| Operating Cash Flow | $-1.32M | $-1.78M |
| Capital Expenditure | - | $37.30K |
| Investing Cash Flow | - | $-36.50K |
| Financing Cash Flow | $2.13M | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.