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Consolidated Statements of Operations - USD ($)
12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
NET SALES:    
Net sales $ 84,234,474 $ 85,059,517
Cost of goods sold 52,557,919 51,273,155
Gross profit 31,676,555 33,786,362
JOINT VENTURE OPERATIONS:    
Equity in income from joint ventures 3,539,056 4,223,296
Fees for services provided to joint ventures 5,006,151 5,251,782
Total joint venture operations 8,545,207 9,475,078
OPERATING EXPENSES:    
Selling expenses 17,820,196 16,413,672
General and administrative expenses 14,792,988 14,176,494
Research and development expenses 5,038,281 4,802,791
Total operating expenses 37,651,465 35,392,957
OPERATING INCOME 2,570,297 7,868,483
INTEREST INCOME 308,054 118,827
INTEREST EXPENSE (599,927) (340,129)
OTHER INCOME 1,139,756 0
OTHER EXPENSE (386,785) 0
INCOME BEFORE INCOME TAX EXPENSE 3,031,395 7,647,181
INCOME TAX EXPENSE 2,045,002 1,325,797
NET INCOME 986,393 6,321,384
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS 968,774 912,302
NET INCOME ATTRIBUTABLE TO NTIC $ 17,619 $ 5,409,082
NET INCOME ATTRIBUTABLE TO NTIC PER COMMON SHARE:    
Basic (in dollars per share) $ 0 $ 0.57
Diluted (in dollars per share) $ 0 $ 0.55
WEIGHTED AVERAGE COMMON SHARES ASSUMED OUTSTANDING:    
Basic (in shares) 9,476,085 9,434,020
Diluted (in shares) 9,639,676 9,833,450
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.16 $ 0.28