Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	May 31, 2022	Aug. 31, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 6,123,269	$ 7,680,641
Available for sale securities	5,574	4,634
Receivables:
Trade, excluding joint ventures, less allowance for doubtful accounts of $382,000 as of May 31, 2022 and August 31, 2021	13,834,580	11,128,805
Trade, joint ventures	857,172	624,808
Fees for services provided to joint ventures	1,243,214	1,505,127
Income taxes	418,967	386,574
Inventories	13,866,229	11,114,207
Prepaid expenses	2,619,260	1,302,293
Total current assets	38,968,265	33,747,089
PROPERTY AND EQUIPMENT, NET	12,071,277	11,821,458
OTHER ASSETS:
Investments in joint ventures	22,194,433	27,623,768
Deferred income taxes	0	92,554
Goodwill	4,782,376	0
Operating lease right of use asset	421,601	376,438
Total other assets	34,145,855	28,802,332
Total assets	85,185,397	74,370,879
CURRENT LIABILITIES:
Accounts payable	6,004,897	4,290,972
Line of credit	4,700,000	0
Income taxes payable	99,865	178,923
Accrued liabilities:
Payroll and related benefits	2,029,241	2,879,468
Other	1,333,153	894,497
Current portion of operating lease	74,331	272,336
Total current liabilities	14,241,487	8,516,196
LONG-TERM LIABILITIES:
Deferred income tax, net	1,920,970	0
Operating lease, less current portion	347,270	104,102
Total long-term liabilities	2,268,240	104,102
COMMITMENTS AND CONTINGENCIES (Note 14)
EQUITY:
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	0	0
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of May 31, 2022 and August 31, 2021; issued and outstanding 9,232,483 and 9,184,811, respectively	184,650	183,696
Additional paid-in capital	19,706,248	18,736,268
Retained earnings	50,714,961	46,973,094
Accumulated other comprehensive loss	(5,383,400)	(3,525,030)
Stockholders’ equity	65,222,459	62,368,028
Non-controlling interests	3,453,211	3,382,553
Total equity	68,675,670	65,750,581
Total liabilities and equity	85,185,397	74,370,879
Patents and Trademarks [Member]
OTHER ASSETS:
Intangible assets, net	717,795	709,572
Intangible Assets Excluding Patents and Trademarks [Member]
OTHER ASSETS:
Intangible assets, net	$ 6,029,650	$ 0