Estimated Useful

  

November 30,

 
  

Lives in Years

  

2025

  

2024

 

Computer equipment and software

  3-5  $886  $791 

Furniture and fixtures

  5   820   276 

Leasehold improvements

  3-7   1,931   1,048 

Machinery and equipment

  5-7   8,307   4,095 
       11,944   6,210 

Less: accumulated depreciation and amortization

      4,218   2,802 

Total

     $7,726  $3,408 

Historical Timeline

Fiscal YearFiled
2025Feb 5, 2026Showing above
2024Feb 7, 2025
2023Feb 14, 2024
2022Feb 9, 2023
2021Feb 11, 2022
2020Feb 26, 2021
2019May 18, 2020
2018Mar 1, 2019
2017Mar 15, 2018
2016Mar 13, 2017
2015Feb 29, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.