| Intangible Assets Disclosure [Text Block] |
6. INTANGIBLE ASSETS, NET
Intangible assets, net consisted of the following:
| |
|
As of February 28, 2026
|
|
| |
|
Gross Carrying Amount
|
|
|
Accumulated Amortization
|
|
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Net Carrying Amount
|
|
|
Patents and trademarks
|
|
$ |
3,583,911 |
|
|
$ |
(3,024,039 |
) |
|
$ |
559,872 |
|
|
Capitalized software
|
|
|
4,089,695 |
|
|
|
(693,102 |
) |
|
|
3,396,593 |
|
|
Customer relationships
|
|
|
6,347,000 |
|
|
|
(1,904,100 |
) |
|
|
4,442,900 |
|
|
Total intangible assets, net
|
|
$ |
14,020,606 |
|
|
$ |
(5,621,241 |
) |
|
$ |
8,399,365 |
|
| |
|
As of August 31, 2025
|
|
| |
|
Gross Carrying Amount
|
|
|
Accumulated Amortization
|
|
|
Net Carrying Amount
|
|
|
Patents and trademarks
|
|
$ |
3,546,542 |
|
|
$ |
(2,969,571 |
) |
|
$ |
576,971 |
|
|
Capitalized software
|
|
|
4,089,695 |
|
|
|
(493,365 |
) |
|
|
3,596,330 |
|
|
Customer relationships
|
|
|
6,347,000 |
|
|
|
(1,692,533 |
) |
|
|
4,654,467 |
|
|
Total intangible assets, net
|
|
$ |
13,983,237 |
|
|
$ |
(5,155,469 |
) |
|
$ |
8,827,768 |
|
Amortization expense related to intangible assets was $232,930 and $465,772 for the three and six months ended February 28, 2026, respectively, compared to $158,374 and $306,094 for the three and six months ended February 28, 2025, respectively.
As of February 28, 2026, future amortization expense related to intangible assets for each of the next five fiscal years and thereafter is estimated as follows:
|
Remainder of fiscal 2026
|
|
$ |
404,796 |
|
|
Fiscal 2027
|
|
|
836,774 |
|
|
Fiscal 2028
|
|
|
836,774 |
|
|
Fiscal 2029
|
|
|
836,774 |
|
|
Fiscal 2030
|
|
|
836,774 |
|
|
Thereafter
|
|
|
4,647,473 |
|
|
Total
|
|
$ |
8,399,365 |
|
|