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Consolidated Statements of Operations - USD ($)
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
NET SALES:    
Net sales, excluding joint ventures $ 30,211,660 $ 27,491,392
Net sales, to joint ventures 2,721,905 2,831,301
Total net sales 32,933,565 30,322,693
Cost of goods sold 22,320,156 20,555,932
Gross profit 10,613,409 9,766,761
JOINT VENTURE OPERATIONS:    
Equity in income from joint ventures 4,743,831 5,936,565
Fees for services provided to joint ventures 5,137,710 5,715,491
Total joint venture operations 9,881,541 11,652,056
OPERATING EXPENSES:    
Selling expenses 6,255,353 5,820,748
General and administrative expenses 7,230,557 6,531,576
Expenses incurred in support of joint ventures 1,001,812 1,867,570
Research and development expenses 4,724,596 4,047,279
Total operating expenses 19,212,318 18,267,173
OPERATING INCOME 1,282,632 3,151,644
INTEREST INCOME 42,115 34,835
INTEREST EXPENSE (13,261) (20,960)
IMPAIRMENT ON INVESTMENT AT CARRYING VALUE (Note 7) (1,883,668)
OTHER INCOME 515
(LOSS) INCOME BEFORE INCOME TAX EXPENSE (572,182) 3,166,034
INCOME TAX EXPENSE 626,120 648,674
NET (LOSS) INCOME (1,198,302) 2,517,360
NET (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS (330,788) 727,789
NET (LOSS) INCOME ATTRIBUTABLE TO NTIC $ (867,514) $ 1,789,571
NET (LOSS) INCOME ATTRIBUTABLE TO NTIC PER COMMON SHARE:    
Basic (in dollars per share) $ (0.19) $ 0.40
Diluted (in dollars per share) $ (0.19) $ 0.38
WEIGHTED AVERAGE COMMON SHARES ASSUMED OUTSTANDING:    
Basic (in shares) 4,537,504 4,521,788
Diluted (in shares) 4,537,504 4,649,060