Numerator:

August 31, 2024

August 31, 2023

Net income attributable to NTIC

$

5,409,082

$

2,912,276

Denominator:

Basic-weighted shares outstanding

9,434,020

9,359,504

Weighted shares assumed upon exercise of stock options

399,430

333,978

Diluted – weighted shares outstanding

9,833,450

9,693,482

Basic net income per share:

$

0.57

$

0.31

Diluted net income per share:

$

0.55

$

0.30