Note 8 - Income Taxes |
9 Months Ended |
|---|---|
Aug. 31, 2026 | |
| Notes to Financial Statements | |
| Income Tax Disclosure [Text Block] |
8. Income Taxes
For the three months ended August 31, 2026, the Company recorded current tax expense of $86,996 and deferred tax adjustment, for a total tax provision of $86,996, with an effective tax rate of 27.7%. For the nine months ended August 31, 2026, the Company recorded current tax expense of $263,822 and a deferred tax benefit of $57,026, for a total tax provision of $206,796, with an effective tax rate of 27.9%.
For the three months ended August 31, 2025, the Company recorded current tax expense of $89,879 and a deferred tax benefit of $24,079, for a total tax provision of $65,800, with an effective tax rate of 28.2%. For the nine months ended August 31, 2025, the Company recorded current tax expense of $235,013 and a deferred tax benefit of $63,213, for a total tax provision of $171,800, with an effective tax rate of 28.2%. |