v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Feb. 28, 2026
Feb. 28, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 682,080 $ 1,396,774
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 614,514 676,334
Depreciation expense 498,808 518,385
Amortization expense 465,772 306,094
Loss on disposal of assets 0 23,602
Change in allowance for credit losses 51,518 0
Equity in income from joint ventures (2,322,786) (1,750,323)
Dividends received from joint ventures 1,402,525 680,737
Deferred income taxes 95,197 55,458
Changes in current assets and liabilities:    
Trade (80,655) 3,388,789
Fees for services provided to joint ventures 180,376 277,795
Income taxes (373,221) (574,666)
Inventories (930,544) (846,593)
Prepaid expenses and other (900,046) (864,893)
Accounts payable 228,744 940,604
Income tax payable (420,163) (48,203)
Accrued liabilities (573,899) (981,153)
Net cash provided by operating activities (1,381,780) 3,198,741
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from the sale of property and equipment 0 20,000
Purchases of property and equipment (1,006,298) (709,064)
Investments in patents and capitalized software costs (37,369) (1,891,693)
Net cash used in investing activities (1,043,667) (2,580,757)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit 14,449,157 16,900,943
Repayments of line of credit (12,495,887) (15,837,887)
Payments on term loans (23,952) 0
Dividends paid on NTIC common stock (189,728) (1,325,872)
Dividends received by non-controlling interest (220,000) (100,000)
Proceeds from employee stock purchase plan 34,931 42,471
Net cash used in financing activities 1,554,521 (320,345)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS:    
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 90,153 (159,193)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (780,773) 138,446
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 7,250,523 4,952,184
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 6,469,750 $ 5,090,630