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Note 15 - Income Taxes
6 Months Ended
Feb. 28, 2026
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

15.         INCOME TAXES

 

Income tax expense for the three and six months ended February 28, 2026 was $75,490 and $340,519, respectively, compared to $275,197 and $493,068, respectively, for the three and six months ended February 28, 2025. The expense was largely due to foreign operations. The Company has federal and state tax credit carry forwards, net operating loss carry forwards and foreign tax carry forwards. The Company has recorded a full valuation allowance against the U.S. deferred tax assets as of February 28, 2026 and August 31, 2025.