Three Months Ended

Nine Months Ended

Numerator:

May 31, 2025

May 31, 2024

May 31, 2025

May 31, 2024

Net income attributable to NTIC

$

121,775

$

976,604

$

1,117,185

$

3,573,294

Denominator:

Basic – weighted shares outstanding

9,474,363

9,431,134

9,475,967

9,432,684

Weighted shares assumed upon exercise of stock options and settlement of restricted stock units

65,403

584,540

210,679

386,536

Diluted – weighted shares outstanding

9,539,766

10,015,674

9,686,646

9,819,220

Basic net income per share:

$

0.01

$

0.10

$

0.12

$

0.38

Diluted net income per share:

$

0.01

$

0.10

$

0.12

$

0.36