Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

12 Months Ended

Nov. 30, 2015

Property, Plant and Equipment [Abstract]

Schedule of components of property and equipment

Depreciation and amortization are provided utilizing the straight-line method over the following estimated useful lives or lease terms of the assets, whichever is shorter:



Machinery and equipment	5-7 Years
Furniture and fixtures	3-10 Years
Tools, dies and masters	3 Years
Transportation equipment	5 Years
Leasehold improvements	Shorter of the asset life or remaining life of the lease (4 years 8 months)

The components of property and equipment consisted of the following:



	November 30, 2015		November 30, 2014
Furniture and equipment	459,786		672,477
Tools, dies and masters	462,542		449,862
Transportation equipment	—		16,538
Capitalized lease obligations	15,286		41,326
Leasehold improvements	35,017		1,054,365
	$	972,631	$	2,234,568
Less: Accumulated depreciation	767,597		1,125,968
Property and Equipment—Net	$	205,034	$	1,108,600