Note 6 - Intangible Assets, Net

12 Months Ended

Aug. 31, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

6. INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:

	As of August 31, 2025
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents and trademarks	$	3,546,542	$	(2,969,571	)	$	576,971
Capitalized software		4,089,695		(493,365	)		3,596,330
Customer relationships		6,347,000		(1,692,533	)		4,654,467
Total intangible assets, net	$	13,983,237	$	(5,155,469	)	$	8,827,768

	As of August 31, 2024
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patents and trademarks	$	3,459,877	$	(2,854,532	)	$	605,345
Customer relationships		6,347,000		(1,269,400	)		5,077,600
Total intangible assets, net	$	9,806,877	$	(4,123,932	)	$	5,682,945

Amortization expense related to intangible assets was $777,289 for fiscal 2025 compared to $596,700 for fiscal 2024.

As of August 31, 2025, future amortization expense related to intangible assets for each of the next five fiscal years and thereafter is estimated as follows:

Fiscal 2026	$	869,359
Fiscal 2027		834,284
Fiscal 2028		834,284
Fiscal 2029		834,284
Fiscal 2030		834,284
Thereafter		4,621,274
Total	$	8,827,768