| Summary of quarterly financial data |
The following financial data is a summary of the quarterly results of operations (unaudited) during and for the years ended November 30, 2018 and 2017:
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Three Months Ended |
Fiscal 2018 |
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Feb. 28 |
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May 31 |
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Aug. 31 |
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Nov. 30 |
Net Sales |
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$3,994,350 |
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$4,222,986 |
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$4,222,906 |
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$4,155,257 |
Total Revenue |
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3,998,424 |
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4,225,240 |
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4,224,832 |
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4,158,257 |
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Cost of Sales |
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1,648,963 |
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1,859,301 |
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1,489,281 |
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1,535,795 |
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Gross Profit |
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2,345,387 |
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2,363,685 |
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2,733,625 |
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2,619,462 |
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Net (Loss) Income |
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(3,220,659 |
) |
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(292,320 |
) |
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(203,672 |
) |
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394,885 |
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(Loss) Earnings Per Share: |
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Basic |
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$ |
(0.45 |
) |
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$ |
(0.04 |
) |
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$ |
(0.03 |
) |
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$ |
0.07 |
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Diluted |
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$ |
(0.45 |
) |
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$ |
(0.04 |
) |
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$ |
(0.03 |
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$ |
0.07 |
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Three Months Ended |
Fiscal 2017 |
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Feb. 28 |
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May 31 |
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Aug. 31 |
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Nov. 30 |
Net Sales |
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$4,265,078 |
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$6,111,836 |
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$5,329,753 |
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$4,106,595 |
Total Revenue |
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4,269,151 |
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6,115,910 |
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5,334,368 |
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4,110,669 |
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Cost of Sales |
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1,707,854 |
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2,345,980 |
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1,989,572 |
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1,404,370 |
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Gross Profit |
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2,557,224 |
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3,765,856 |
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3,340,181 |
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2,702,225 |
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Net Income |
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186,752 |
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698,550 |
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377,683 |
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568,196 |
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Earnings Per Share: |
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Basic |
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$ |
0.03 |
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$ |
0.10 |
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$ |
0.05 |
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$ |
0.08 |
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Diluted |
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$ |
0.03 |
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$ |
0.10 |
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$ |
0.05 |
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$ |
0.08 |
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