Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
6 Months Ended
May 31, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The components of property and equipment consisted of the following:
 
 
May 31,
2017
 
November 30,
2016
Furniture and equipment
 
$
571,128

 
$
559,971

Tools, dies and masters
 
497,999

 
469,652

Capitalized lease obligations
 
15,286

 
15,286

Leasehold improvements
 
35,017

 
35,017

 
 
$
1,119,430

 
$
1,079,926

Less: Accumulated depreciation
 
890,285

 
844,723

Property and Equipment—Net
 
$
229,145

 
$
235,203


Depreciation expense for the three months ended May 31, 2017 and May 31, 2016 amounted to $23,718 and $18,974, respectively. Depreciation expense for the six months ended May 31, 2017 and May 31, 2016 amounted to $45,564 and $38,919 , respectively.