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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Feb. 29, 2024
Aug. 31, 2023
Current assets    
  Cash and cash equivalents $ 1,149,316 $ 83,696
  Accounts receivable, net of allowance of $0 (August 31, 2023 - $0) 4,676,317 5,634,924
  Inventory, net of allowance of $410,325 (August 31, 2023 - $497,884) (note 3) 17,576,787 18,339,048
  Prepaid expenses 796,393 630,788
  Total current assets 24,198,813 24,688,456
Property, plant and equipment, net (note 4) 4,450,788 4,655,427
Intangible assets, net (note 5) 112,639 134,845
Deferred tax assets (Note 6) 226,148 319,875
Total assets 28,988,388 29,798,603
Current liabilities    
  Accounts payable 2,190,006 2,181,194
  Bank indebtedness (note 7) 0 1,259,259
  Income taxes payable 172,722 147,629
  Accrued liabilities 1,738,874 2,113,194
Total liabilities 4,101,602 5,701,276
Stockholders’ equity    
Capital stock (notes 8, 9) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,504,802 common shares (August 31, 2023 – 3,498,899) 826,861 825,468
  Additional paid-in capital 795,726 765,055
  Retained earnings 23,264,199 22,506,804
  Total stockholders’ equity 24,886,786 24,097,327
  Total liabilities and stockholders’ equity $ 28,988,388 $ 29,798,603