Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Nov. 30, 2023	Aug. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 6,094,032	$ 5,406,173
Receivables:
Trade excluding joint ventures, less allowance for doubtful accounts of $533,000 as of November 30, 2023 and August 31, 2023	14,239,360	15,645,130
Trade, joint ventures	778,625	187,912
Fees for services provided to joint ventures	1,220,680	1,296,594
Dividend receivable from joint venture	320,068	1,986,027
Income taxes	0	34,202
Inventories	12,592,515	13,096,489
Prepaid expenses	3,024,134	2,019,029
Total current assets	38,269,414	39,671,556
PROPERTY AND EQUIPMENT, NET	14,256,990	14,065,354
OTHER ASSETS:
Investments in joint ventures	24,599,520	23,705,714
Deferred income tax, net	521,329	530,944
Intangible asset, net	6,044,972	6,159,485
Goodwill	4,782,376	4,782,376
Operating lease right of use assets	327,463	428,874
Total other assets	36,275,660	35,607,393
Total assets	88,802,064	89,344,303
CURRENT LIABILITIES:
Line of credit	3,000,000	3,600,000
Term loan	2,810,686	2,757,176
Accounts payable	6,353,859	6,056,329
Income taxes payable	22,619	13,053
Accrued liabilities:
Payroll and related benefits	1,604,119	2,305,400
Other	1,831,105	1,648,615
Current portion of operating leases	231,881	340,799
Total current liabilities	15,854,269	16,721,372
LONG-TERM LIABILITIES:
Deferred income tax, net	1,836,059	1,836,059
Operating leases, less current portion	95,582	88,075
Total long-term liabilities	1,931,641	1,924,134
Commitments and Contingencies
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, 2023 and August 31, 2023; issued and outstanding 9,427,598 and 9,424,101, respectively	188,552	188,482
Additional paid-in capital	22,377,726	21,986,767
Retained earnings	51,240,016	51,004,427
Accumulated other comprehensive loss	(6,516,461)	(6,823,403)
Stockholders’ equity	67,289,833	66,356,273
Non-controlling interests	3,726,321	4,342,524
Total equity	71,016,154	70,698,797
Total liabilities and equity	88,802,064	89,344,303
Intangible Assets Excluding Patents and Trademarks [Member]
OTHER ASSETS:
Intangible asset, net	5,394,950	5,500,733
Patents and Trademarks [Member]
OTHER ASSETS:
Intangible asset, net	$ 650,022	$ 658,752