Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	May 31, 2022	May 31, 2021	May 31, 2022		May 31, 2021
NET SALES:
Net sales, excluding joint ventures	$ 18,436,253	$ 14,164,604	$ 51,654,355		$ 38,619,353
Net sales, to joint ventures	528,668	1,253,920	2,252,618		2,361,165
Total net sales	18,964,921	15,418,524	53,906,973		40,980,518
Cost of goods sold	12,722,833	10,152,582	36,977,620	[1]	26,997,582	[1]
Gross profit	6,242,088	5,265,942	16,929,353		13,982,936
JOINT VENTURE OPERATIONS:
Equity in income from joint ventures	1,364,597	2,033,536	3,662,178		5,779,260
Fees for services provided to joint ventures	1,329,988	1,589,621	3,835,755		4,388,866
Total joint venture operations	2,694,585	3,623,157	7,497,933		10,168,126
OPERATING EXPENSES:
Selling expenses	3,450,308	3,171,657	9,659,457		8,745,433
General and administrative expenses	2,560,487	2,072,195	7,675,622		6,125,151
Research and development expenses	1,102,942	1,066,493	3,557,437		3,217,410
Total operating expenses	7,113,737	6,310,345	20,892,516		18,087,994
OPERATING INCOME	1,822,936	2,578,754	3,534,770		6,063,068
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	0	0	3,951,550		0
INTEREST INCOME	15,925	10,676	36,777		95,852
INTEREST EXPENSE	(23,784)	(3,044)	(34,079)		(10,661)
INCOME BEFORE INCOME TAX EXPENSE	1,815,077	2,586,386	7,489,018		6,148,259
INCOME TAX EXPENSE	604,314	276,338	1,260,437		929,588
NET INCOME	1,210,763	2,310,048	6,228,581		5,218,671
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	210,596	256,132	551,808		589,781
NET INCOME ATTRIBUTABLE TO NTIC	$ 1,000,167	$ 2,053,916	$ 5,676,773		$ 4,628,890
NET INCOME ATTRIBUTABLE TO NTIC PER COMMON SHARE:
Basic (in dollars per share)	$ 0.11	$ 0.23	$ 0.62		$ 0.51
Diluted (in dollars per share)	$ 0.11	$ 0.21	$ 0.59		$ 0.47
WEIGHTED AVERAGE COMMON SHARES ASSUMED OUTSTANDING:
Basic (in shares)	9,227,912	9,109,861	9,216,216		9,107,243
Diluted (in shares)	9,578,797	9,972,000	9,682,646		9,829,052
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$ 0.07	$ 0.065	$ 0.21		$ 0.13

[1] The percent of segment sales is calculated by dividing the direct cost of goods sold for each individual segment category by the net sales for each segment category.