Note 9 - Net Income Per Common Share (Tables)

6 Months Ended

Feb. 28, 2023

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three Months Ended February 28,				Six Months Ended February 28,
Numerator:	2023 (Restated)		2022		2023 (Restated)		2022
Net income attributable to NTIC	$	411,497	$	182,847	$	913,739	$	4,676,606
Denominator:
Basic – weighted shares outstanding		9,366,357		9,214,817		9,353,989		9,211,858
Weighted shares assumed upon exercise of stock options		381,104		468,609		391,177		524,202
Diluted – weighted shares outstanding		9,747,461		9,683,426		9,745,166		9,736,060
Basic net income per share:	$	0.04	$	0.02	$	0.10	$	0.51
Diluted net income per share:	$	0.04	$	0.02	$	0.09	$	0.48