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Note 6 - Investments in Joint Ventures - Condensed Income Statement of EXCOR and All Other Joint Ventures (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2024
May 31, 2023
May 31, 2024
May 31, 2023
Net sales $ 20,686,197 $ 20,969,726 $ 61,710,410 $ 59,193,317
Gross profit 7,893,094 7,579,853 23,566,532 20,236,045
Net income 976,604 1,059,590 3,573,294 1,973,329
NTIC’s share of equity in income from joint ventures 1,396,731 1,346,658 3,676,962 3,664,793
EXCOR and All Other Joint Venturs [Member]        
Net income 2,793,738 2,692,444 7,351,372 7,308,398
NTIC’s share of equity in income from joint ventures 1,396,730 1,346,658 3,676,961 3,664,793
NTIC’s dividends received from joint ventures 567,674 45,977 2,958,925 3,510,716
EXCOR [Member]        
Net income 1,623,431 1,654,151 4,029,182 4,761,608
NTIC’s share of equity in income from joint ventures 811,399 828,631 2,015,734 2,376,575
NTIC’s dividends received from joint ventures 0 0 1,624,950 2,459,500
All Other [Member]        
Net income 1,170,307 1,038,293 3,322,190 2,546,790
NTIC’s share of equity in income from joint ventures 585,331 518,027 1,661,228 1,288,218
NTIC’s dividends received from joint ventures 567,674 45,977 1,333,975 1,051,216
EXCOR and All Other Joint Venturs [Member]        
Net sales 25,602,072 26,312,548 72,642,714 76,525,427
Gross profit 10,713,282 10,494,244 30,956,162 30,223,623
EXCOR [Member]        
Net sales 9,977,354 10,735,862 27,561,950 30,590,265
Gross profit 4,959,536 5,085,837 14,164,541 14,539,314
All Other [Member]        
Net sales 15,624,718 15,576,686 45,080,764 45,935,162
Gross profit $ 5,753,746 $ 5,408,407 $ 16,791,620 $ 15,684,309