Income Statement

v3.10.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2018
Aug. 31, 2017
Revenues:        
Sales of health and beauty aid products - net $ 4,222,906 $ 5,329,753 $ 12,440,242 $ 15,706,666
Other income 1,926 4,615 8,254 12,762
Total Revenues 4,224,832 5,334,368 12,448,496 15,719,428
Costs and Expenses:        
Cost of sales 1,489,281 1,989,572 4,997,545 6,043,406
Selling, general and administrative expenses 2,097,625 1,720,693 6,020,567 5,404,245
Advertising, cooperative and promotional expenses 816,117 738,635 1,671,605 1,681,999
Research and development 16,426 16,811 45,819 44,143
Bad debt (recovery) expense (7,974) 4,812 8,739 (5,843)
Interest expense 86,707 131,346 391,422 405,584
Total Costs and Expenses 4,498,182 4,601,869 13,135,697 13,573,534
(Loss) Income before (benefit from) provision for income taxes (273,350) 732,499 (687,201) 2,145,894
(Benefit from) Provision for income taxes (69,678) 354,816 3,029,451 882,910
Net (Loss) Income $ (203,672) $ 377,683 $ (3,716,652) $ 1,262,984
Basic        
(Loss) Income (usd per share) $ (0.03) $ 0.05 $ (0.51) $ 0.18
Diluted        
(Loss) Income (usd per share) $ (0.03) $ 0.05 $ (0.51) $ 0.18
Weighted Average Common Shares Outstanding        
Basic (shares) 7,456,684 7,006,684 7,348,290 7,006,684
Diluted (shares) 7,456,684 7,165,027 7,348,290 7,006,684

Source