Note 13 - Fair Value Measurements

9 Months Ended

May 31, 2023

Notes to Financial Statements

Fair Value Measurement and Measurement Inputs, Recurring and Nonrecurring [Text Block]

13. FAIR VALUE MEASUREMENTS

Assets and liabilities that are measured at fair value on a recurring basis primarily relate to marketable equity securities. These items are marked-to-market at each reporting period, and the Company estimates that market value approximates costs.

The following tables provide information by level for assets and liabilities that are measured at fair value on a recurring basis:

			Fair Value Measurements Using Inputs Considered as
	Fair value as of May 31, 2023		Level 1		Level 2		Level 3
Available for sale securities	$	—	$	—	$	—	$	—

			Fair Value Measurements Using Inputs Considered as
	Fair value as of August 31, 2022		Level 1		Level 2		Level 3
Available for sale securities	$	5,590	$	5,590	$	—	$	—

There were no transfers between Level 1, Level 2, or Level 3 during the three and nine months ended May 31, 2023 or 2022.