Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

9 Months Ended

Aug. 31, 2013

Property, Plant and Equipment [Abstract]

Schedule of components of property and equipment

The components of property and equipment consisted of the following:



	August 31, 2013		November 30, 2012
Machinery and equipment	$	156,810	$	184,260
Furniture and equipment	750,323		557,667
Tools, dies and masters	482,821		448,169
Transportation equipment	44,076		44,076
Capitalized lease obligations	62,140		36,100
Web Site	20,000		20,000
Leasehold improvements	1,045,977		581,060
	$	2,562,147	$	1,871,332
Less: Accumulated depreciation	1,069,283		846,431
Property and Equipment—Net	$	1,492,864	$	1,024,901

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References + Details