Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	May 31, 2023	Aug. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 6,195,194	$ 5,333,890
Available for sale securities	0	5,590
Receivables:
Trade, excluding joint ventures, less allowance for doubtful accounts of $439,000 as of May 31, 2023 and August 31, 2022	15,311,650	14,136,930
Trade, joint ventures	668,847	697,861
Fees for services provided to joint ventures	1,226,010	1,765,117
Income taxes	155,828	0
Inventories	13,900,812	16,341,729
Prepaid expenses	1,831,566	1,953,764
Total current assets	39,289,907	40,234,881
PROPERTY AND EQUIPMENT, NET	13,810,930	12,170,493
OTHER ASSETS:
Investments in joint ventures	22,855,448	21,814,754
Intangible asset, net	6,281,625	6,633,878
Goodwill	4,782,376	4,782,376
Operating lease right of use asset	293,137	557,571
Total other assets	34,212,586	33,788,579
Total assets	87,313,423	86,193,953
CURRENT LIABILITIES:
Accounts payable	4,687,675	7,796,494
Term loan	2,812,504	0
Line of Credit, Current	5,200,000	5,900,000
Income taxes payable	0	30,742
Accrued liabilities:
Payroll and related benefits	2,035,785	2,297,543
Other	734,414	667,292
Current portion of operating leases	80,183	373,330
Total current liabilities	15,550,561	17,065,401
LONG-TERM LIABILITIES:
Deferred income tax, net	1,618,960	1,700,015
Operating leases, less current portion	212,954	184,241
Total long-term liabilities	1,831,914	1,884,256
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, 2023 and August 31, 2022; issued and outstanding 9,369,925 and 9,232,483, respectively	187,398	184,650
Additional paid-in capital	21,426,721	19,939,131
Retained earnings	51,662,515	50,716,613
Accumulated other comprehensive loss	(6,879,447)	(7,245,132)
Stockholders’ equity	66,397,187	63,595,262
Non-controlling interests	3,533,761	3,649,034
Total equity	69,930,948	67,244,296
Total liabilities and equity	$ 87,313,423	$ 86,193,953