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Consolidated Balance Sheets - USD ($)
Aug. 31, 2019
Aug. 31, 2018
Current Assets:    
Cash and cash equivalents $ 4,692,000 $ 2,705,000
Restricted cash, current 655,000 933,000
Trade accounts receivable, net 31,655,000 27,030,000
Inventory, net 37,259,000 30,531,000
Marketable securities, trading 1,873,000 2,846,000
Prepaid expenses and other current assets 4,234,000 1,590,000
Total current assets 80,368,000 65,635,000
Property, equipment and leasehold improvements:    
Held for use, net 3,717,000 9,847,000
Held for sale, net 6,855,000 0
Total property, equipment and leasehold improvements, net 10,572,000 9,847,000
Other assets:    
Other assets, net 1,938,000 1,570,000
Total assets 92,878,000 77,052,000
Current Liabilities:    
Trade accounts payable 21,138,000 17,678,000
Accrued expenses and other current liabilities 8,297,000 8,205,000
Liability for short sales of trading securities 655,000 933,000
Current portion of long-term debt 5,484,000 146,000
Total current liabilities 35,574,000 26,962,000
Non-current Liabilities:    
Long-term debt 6,114,000 8,204,000
Total liabilities 41,688,000 35,166,000
Commitments and Contingencies (Note 8)
Shareholders' Equity:    
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900) 1,000 1,000
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding 49,000 49,000
Additional paid-in capital 12,378,000 12,378,000
Accumulated other comprehensive income 876,000 928,000
Retained earnings 37,886,000 28,530,000
Total shareholders' equity 51,190,000 41,886,000
Total liabilities and shareholders' equity $ 92,878,000 $ 77,052,000