Note 8 - Income Taxes |
6 Months Ended |
|---|---|
May 31, 2026 | |
| Notes to Financial Statements | |
| Income Tax Disclosure [Text Block] |
8. Income Taxes
For the three months ended May 31, 2026, the Company recorded current tax expense of $113,913 and a deferred tax benefit of $40,813, for a total tax provision of $73,100, with an effective tax rate of 28.1%. For the six months ended May 31, 2026, the Company recorded current tax expense of $176,826 and a deferred tax benefit of $57,026, for a total tax provision of $119,800, with an effective tax rate of 28.1%.
For the three months ended May 31, 2025, the Company recorded current tax expense of $79,598 and a deferred tax benefit of $19,398, for a total tax provision of $60,200, with an effective tax rate of 28.1%. For the six months ended May 31, 2025, the Company recorded current tax expense of $145,134 and a deferred tax benefit of $39,134, for a total tax provision of $106,000, with an effective tax rate of 28.1%. |