Fair Value of Financial Instruments (Tables)

12 Months Ended

Aug. 31, 2022

Fair Value of Financial Instruments

Schedule of Fair Value, Assets Measured on Recurring and Nonrecurring Basis

The following table sets forth by level, within the fair value hierarchy, certain assets at estimated fair value as of August 31, 2022 and 2021:

	Quoted Prices in		Significant Other		Significant
	Active Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
August 31, 2022
Marketable securities	$	3,925,000		—		—	$	3,925,000
August 31, 2021
Marketable securities	$	3,741,000		—		—	$	3,741,000