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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 757,395 $ (1,045,798)
Items not involving an outlay of cash:    
  Depreciation and amortization 188,943 199,615
  Stock-based compensation expense 32,064 23,303
  Gain on sale of property, plant and equipment (89,087)
  Write-down of intangible assets 21,790
  Deferred income taxes 93,727 (372,992)
Changes in non-cash working capital items:    
  Decrease in accounts receivable 958,607 2,930,390
  Decrease (increase) in inventory 762,261 (2,447,334)
  (Increase) decrease in prepaid expenses (165,605) 318,009
  (Decrease) in accounts payable and accrued liabilities (365,508) (1,020,411)
  Decrease (increase) in prepaid income taxes 825
  Increase in income taxes payable 25,093
Net cash provided by (used in) operating activities 2,219,680 (1,414,393)
CASH FLOWS FROM INVESTING ACTIVITIES    
  Proceeds on sale of property, plant and equipment 105,199
  Purchase of property, plant and equipment (301,681)
Net cash provided by (used in) investing activities 105,199 (301,681)
CASH FLOWS FROM FINANCING ACTIVITIES    
  (Repayment) proceeds from bank indebtedness (1,259,259) 1,500,000
Net cash provided by (used in) financing activities (1,259,259) 1,500,000
Net increase (decrease) in cash 1,065,620 (216,074)
Cash, beginning of period 83,696 484,463
Cash, end of period $ 1,149,316 $ 268,389