Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
3 Months Ended
Feb. 28, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
The components of property and equipment consisted of the following:
 
 
February 28,
2017
 
November 30,
2016
Furniture and equipment
 
559,970

 
559,971

Tools, dies and masters
 
484,334

 
469,652

Capitalized lease obligations
 
15,286

 
15,286

Leasehold improvements
 
35,017

 
35,017

 
 
$
1,094,607

 
$
1,079,926

Less: Accumulated depreciation
 
866,568

 
844,723

Property and Equipment—Net
 
$
228,039

 
$
235,203


Depreciation expense for the three months ended February 28, 2017 and February 29, 2016 amounted to $21,845 and $19,945, respectively.