| Schedule of Disposal Groups, Including Discontinued Operations Additional Disclosures |
The following table summarizes those components of the statement of operations for discontinued brands for the twelve months ended November 30, 2015, 2014 and 2013
:
|
|
|
|
|
|
|
|
|
|
|
|
Twelve Months Ended November 30, |
|
2015 |
|
Mega |
GP |
Total |
Net Sales |
$ |
— |
|
$ |
17,979 |
|
$ |
17,979 |
|
Income before Provision for Income Taxes |
— |
|
18,494 |
|
18,494 |
|
Provision for Income Tax |
— |
|
6,073 |
|
6,073 |
|
Net Income |
$ |
— |
|
$ |
12,421 |
|
$ |
12,421 |
|
Loss per Share: |
|
|
|
Basic |
$ |
— |
|
$ |
— |
|
$ |
— |
|
Diluted |
$ |
— |
|
$ |
— |
|
$ |
— |
|
Weighted average shares outstanding |
|
|
Basic |
7,006,684 |
|
7,006,684 |
|
7,006,684 |
|
Diluted |
7,006,684 |
|
7,006,684 |
|
7,006,684 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Twelve Months Ended November 30, |
|
|
2014 |
|
|
Mega |
GP |
Total |
Net Sales |
$ |
291,652 |
|
$ |
(3,357,104 |
) |
$ |
(3,065,452 |
) |
Income (loss) before Provision for (Benefit from) Income Taxes |
(3,454,184 |
) |
(6,193,288 |
) |
$ |
(9,647,472 |
) |
Provision for (Benefit from) Income Tax |
(1,307,360 |
) |
(2,344,071 |
) |
$ |
(3,651,431 |
) |
Net Income (Loss) |
$ |
(2,146,824 |
) |
$ |
(3,849,217 |
) |
$ |
(5,996,041 |
) |
Earnings (loss) per Share: |
|
|
|
Basic |
$ |
(0.31 |
) |
$ |
(0.55 |
) |
$ |
(0.86 |
) |
Diluted |
$ |
(0.31 |
) |
$ |
(0.55 |
) |
$ |
(0.86 |
) |
Weighted average shares outstanding |
|
|
|
Basic |
7,006,684 |
|
7,006,684 |
|
7,006,684 |
|
Diluted |
7,006,684 |
|
7,006,684 |
|
7,006,684 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Twelve Months Ended November 30, |
|
|
2013 |
|
|
Mega |
GP |
Total |
Net Sales |
$ |
6,610,539 |
|
$ |
3,415,685 |
|
$ |
10,026,224 |
|
Income before Provision for Income Taxes |
579,812 |
|
(4,811,971 |
) |
(4,232,159 |
) |
Provision for Income Tax |
212,378 |
|
(1,762,571 |
) |
(1,550,193 |
) |
Net Income |
$ |
367,434 |
|
$ |
(3,049,400 |
) |
$ |
(2,681,966 |
) |
Earnings per Share: |
|
|
|
Basic |
$ |
0.05 |
|
$ |
(0.43 |
) |
$ |
(0.38 |
) |
Diluted |
$ |
0.05 |
|
$ |
(0.43 |
) |
$ |
(0.38 |
) |
Weighted average shares outstanding |
|
|
Basic |
7,037,694 |
|
7,037,694 |
|
7,037,694 |
|
Diluted |
7,037,694 |
|
7,037,694 |
|
7,037,694 |
|
|