Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.5.0.2
Property and Equipment
6 Months Ended
May 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The components of property and equipment consisted of the following:
 
 
May 31,
2016
 
November 30,
2015
Furniture and equipment
 
$
482,874

 
$
459,786

Tools, dies and masters
 
462,542

 
462,542

Capitalized lease obligations
 
15,286

 
15,286

Leasehold improvements
 
35,017

 
35,017

 
 
$
995,719

 
$
972,631

Less: Accumulated depreciation
 
802,184

 
767,597

Property and Equipment—Net
 
$
193,535

 
$
205,034


Depreciation expense for the three months ended May 31, 2016 and May 31, 2015 amounted to $18,974 and $47,483, respectively. Depreciation expense for the six months ended May 31, 2016 and May 31, 2015 amounted to $38,919 and $104,790 , respectively.