| Lease, Cost [Table Text Block] |
Right of use assets – operating leases are summarized below:
| |
|
November 30,
2024
|
|
|
Amount at inception of leases
|
|
$ |
4,504,921 |
|
|
Amount amortized
|
|
|
(2,913,203 |
) |
|
Prior Period Impairment of Quinn River Lease
|
|
|
(205,888 |
) |
|
Balance – November 30, 2024
|
|
$ |
1,385,830 |
|
Operating lease liabilities are summarized below:
|
Amount at inception of leases
|
|
$ |
4,461,521 |
|
|
Amount amortized
|
|
|
(2,788,127 |
) |
|
Balance – November 30, 2024
|
|
$ |
1,673,394 |
|
|
Warehouse and offices
|
|
$ |
1,463,997 |
|
|
Land
|
|
|
205,888 |
|
|
Office equipment
|
|
|
3,509 |
|
|
Balance – November 30, 2024
|
|
$ |
1,673,394 |
|
| |
|
|
|
|
|
Lease liability
|
|
$ |
1,673,394 |
|
|
Less: current portion
|
|
|
(484,601 |
) |
|
Lease liability, non-current
|
|
$ |
1,188,793 |
|
|
| Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block] |
Maturity analysis under these lease agreements is as follows:
|
Twelve months ended November 30, 2025
|
|
$ |
676,970 |
|
|
Twelve months ended November 30, 2026
|
|
|
395,348 |
|
|
Twelve months ended November 30, 2027
|
|
|
321,828 |
|
|
Twelve months ended November 30, 2028
|
|
|
322,329 |
|
|
Twelve months ended November 30, 2029
|
|
|
263,561 |
|
|
Thereafter
|
|
|
155,779 |
|
|
Total
|
|
$ |
2,135,815 |
|
|
Less: Present value discount
|
|
|
(462,421 |
) |
|
Lease liability
|
|
$ |
1,673,394 |
|
|