v3.21.2

Note I: LEASES (Tables)

6 Months Ended

May 31, 2021

	For the six months ended May 31, 2021
Operating lease cost	$	63,399
Total lease cost	$	63,399

Weighted average remaining lease term and weighted average discount rate

	For the six months ended May 31, 2021
Remaining lease term – operating leases (years)		1.22
Incremental borrowing rate		5.57	%

Future minimum operating lease payments

Fiscal Year
2021		61,298
2022		93,912
Total lease payments		155,210
Adjusted for interest		5,021
Total lease obligation	$	150,189

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

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- Definition

Tabular disclosure for lessee's operating leases. Includes, but is not limited to, description of lessee's operating lease, existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

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