Note 14 - Income Taxes

3 Months Ended

Nov. 30, 2023

Notes to Financial Statements

Income Tax Disclosure [Text Block]

14.         INCOME TAXES

Income tax expense for the three months ended November 30, 2023 was $226,796 compared to $110,733 for the three months ended November 30, 2022. The expense was largely due to foreign operations. The Company has federal and state tax credit carry forwards, net operating loss carry forwards and foreign tax carry forwards. The Company has recorded a full valuation allowance against the U.S. deferred tax assets as of November 30, 2023 and August 31, 2023.