Income Statement

v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
May 31, 2018
May 31, 2017
May 31, 2018
May 31, 2017
Revenues:        
Sales of health and beauty aid products - net $ 4,222,986 $ 6,111,836 $ 8,217,336 $ 10,376,913
Other income 2,254 4,074 6,328 8,147
Total Revenues 4,225,240 6,115,910 8,223,664 10,385,060
Costs and Expenses:        
Cost of sales 1,859,301 2,345,980 3,508,264 4,053,834
Selling, general and administrative expenses 2,077,702 2,058,174 3,922,942 3,683,552
Advertising, cooperative and promotional expenses 505,745 461,149 855,488 943,364
Research and development 14,879 14,250 29,393 27,332
Bad debt (recovery) expense 12,622 (724) 16,713 (10,655)
Interest expense 61,652 123,077 304,715 274,238
Total Costs and Expenses 4,531,901 5,001,906 8,637,515 8,971,665
(Loss) Income before (benefit from) provision for income taxes (306,661) 1,114,004 (413,851) 1,413,395
(Benefit from) Provision for income taxes (14,341) 415,454 3,099,129 528,094
Net (Loss) Income $ (292,320) $ 698,550 $ (3,512,980) $ 885,301
Basic        
(Loss) Income (usd per share) $ (0.04) $ 0.10 $ (0.48) $ 0.13
Diluted        
(Loss) Income (usd per share) $ (0.04) $ 0.10 $ (0.48) $ 0.13
Weighted Average Common Shares Outstanding        
Basic (shares) 7,456,684 7,006,684 7,293,497 7,006,684
Diluted (shares) 7,456,684 7,024,428 7,293,497 7,006,684

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