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Condensed Consolidated Statement of Shareholders' Equity - USD ($)
$ in Thousands
Convertible Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Retained Earnings
Total
Balance at Aug. 31, 2019 [1] $ 1 $ 49 $ 12,378 $ 876 $ 37,886 $ 51,190
Balance (in Shares) at Aug. 31, 2019 [1] 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       (212)   (212)
Net income         1,917 1,917
Balance at Nov. 30, 2019 $ 1 $ 49 12,378 664 39,784 52,876
Balance (in Shares) at Nov. 30, 2019 36,000 4,861,590        
Balance at Aug. 31, 2019 [1] $ 1 $ 49 12,378 876 37,886 51,190
Balance (in Shares) at Aug. 31, 2019 [1] 36,000 4,861,590        
Foreign translation gain (loss)           (219)
Net income           6,270
Balance at May. 31, 2020 $ 1 $ 49 12,378 657 44,099 57,184
Balance (in Shares) at May. 31, 2020 36,000 4,861,590        
Balance at Nov. 30, 2019 $ 1 $ 49 12,378 664 39,784 52,876
Balance (in Shares) at Nov. 30, 2019 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       (37)   (37)
Net income         2,598 2,598
Balance at Feb. 29, 2020 $ 1 $ 49 12,378 627 42,363 55,418
Balance (in Shares) at Feb. 29, 2020 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       30   30
Net income         1,755 1,755
Balance at May. 31, 2020 $ 1 $ 49 12,378 657 44,099 57,184
Balance (in Shares) at May. 31, 2020 36,000 4,861,590        
Balance at Aug. 31, 2020 [1] $ 1 $ 49 12,378 788 45,603 58,819 [2]
Balance (in Shares) at Aug. 31, 2020 [1] 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       (82)   (82)
Net income         851 851
Balance at Nov. 30, 2020 $ 1 $ 49 12,378 706 46,435 59,569
Balance (in Shares) at Nov. 30, 2020 36,000 4,861,590        
Balance at Aug. 31, 2020 [1] $ 1 $ 49 12,378 788 45,603 58,819 [2]
Balance (in Shares) at Aug. 31, 2020 [1] 36,000 4,861,590        
Foreign translation gain (loss)           223
Net income           5,325
Balance at May. 31, 2021 $ 1 $ 49 12,378 1,011 50,871 64,310
Balance (in Shares) at May. 31, 2021 36,000 4,861,590        
Balance at Nov. 30, 2020 $ 1 $ 49 12,378 706 46,435 59,569
Balance (in Shares) at Nov. 30, 2020 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       91   91
Net income         1,394 1,394
Balance at Feb. 28, 2021 $ 1 $ 49 12,378 797 47,810 61,035
Balance (in Shares) at Feb. 28, 2021 36,000 4,861,590        
Preferred dividends         (19) (19)
Foreign translation gain (loss)       214   214
Net income         3,080 3,080
Balance at May. 31, 2021 $ 1 $ 49 $ 12,378 $ 1,011 $ 50,871 $ 64,310
Balance (in Shares) at May. 31, 2021 36,000 4,861,590        
[1] Derived from the Company’s audited financial statements included in its Form 10K for the years ended August 31, 2020 and 2019 as filed with the U. S. Securities and Exchange Commission on November 30, 2020 and November 27, 2019, respectively.
[2] Derived from the Company’s audited financial statements included in its Form 10K for the year ended August 31, 2020 filed with the U.S. Securities and Exchange Commission on November 30, 2020.