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Fair Value of Financial Instruments (Tables)
12 Months Ended
Aug. 31, 2023
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, 2023 and 2022:

Quoted Prices in

Significant Other

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

August 31, 2023

 

  

 

  

 

  

 

  

Marketable securities

$

27,228,000

$

27,228,000

August 31, 2022

 

 

  

 

  

 

Marketable securities

$

3,925,000

$

3,925,000