Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Nov. 30, 2020	Aug. 31, 2020
CURRENT ASSETS:
Cash and cash equivalents	$ 6,953,341	$ 6,403,032
Available for sale securities	6,382,785	5,544,722
Receivables:
Trade excluding joint ventures, less allowance for doubtful accounts of $120,000 as of November 30, 2020 and $90,000 as of August 31, 2020	9,551,519	8,072,212
Trade joint ventures	675,391	475,900
Fees for services provided to joint ventures	1,149,165	927,286
Income taxes	10,898	19,907
Inventories	9,835,135	10,961,796
Prepaid expenses	917,570	797,495
Total current assets	35,475,804	33,202,350
PROPERTY AND EQUIPMENT, NET	7,224,297	7,110,789
OTHER ASSETS:
Investments in joint ventures	24,961,205	24,090,826
Deferred income taxes	209,220	209,729
Patents and trademarks, net	782,423	802,006
Operating lease right of use asset	552,103	658,788
Total other assets	26,504,951	25,761,349
Total assets	69,205,052	66,074,488
CURRENT LIABILITIES:
Accounts payable	4,379,475	3,205,241
Income taxes payable	486,800	310,922
Accrued liabilities:
Payroll and related benefits	1,304,018	1,314,978
Other	856,532	880,118
Current portion of operating lease	276,061	386,345
Total current liabilities	7,302,886	6,097,604
LONG-TERM LIABILITIES:
Operating lease, less current portion	276,042	272,443
Total long-term liabilities	276,042	272,443
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	0	0
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of November 30, 2020 and August 31, 2020; issued and outstanding 9,104,636 and 9,099,990, respectively	182,093	182,000
Additional paid-in capital	17,632,811	17,415,043
Retained earnings	43,735,209	42,472,810
Accumulated other comprehensive loss	(3,179,678)	(3,410,438)
Stockholders’ equity	58,370,435	56,659,415
Non-controlling interests	3,255,689	3,045,026
Total equity	61,626,124	59,704,441
Total liabilities and equity	$ 69,205,052	$ 66,074,488