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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Feb. 29, 2024
Aug. 31, 2023
[1]
Current Assets:    
Cash and cash equivalents $ 3,984 $ 8,558
Restricted cash 10 10
Trade accounts receivable, net 46,987 46,654
Inventory, net 63,753 56,270
Marketable securities, trading 1,678 27,228
Prepaid expenses and other current assets 3,170 3,843
Total current assets 119,582 142,563
Property, equipment and leasehold improvements, net 35,537 8,041
Operating lease right-of-use assets 4,692 9,988
Other assets, net 1,534 1,652
Total assets 161,345 162,244
Current Liabilities:    
Trade accounts payable 27,986 22,505
Accrued expenses and other current liabilities 8,209 16,375
Current portion of operating lease liabilities 2,245 3,950
Current portion of long-term debt 120 120
Total current liabilities 38,560 42,950
Long-term debt 4,286 4,348
Long-term operating lease liabilities 2,625 6,225
Total liabilities 45,471 53,523
Commitments and Contingencies
Shareholders' Equity:    
Convertible preferred stock, $0.01 par value per share; 10,000,000 shares authorized; 36,000 shares outstanding (liquidation value $900) 1 1
Common stock, $0.01 par value per share; 8,000,000 shares authorized; 4,861,590 shares outstanding 49 49
Additional paid-in capital 12,378 12,378
Accumulated other comprehensive income (48) 38
Retained earnings 103,494 96,255
Total shareholders' equity 115,874 108,721
Total liabilities and shareholders' equity $ 161,345 $ 162,244
[1] Derived from the Company’s audited financial statements included in its Form 10-K for the year ended August 31, 2023 filed with the U.S. Securities and Exchange Commission on November 22, 2023.