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CONSOLIDATED BALANCE SHEETS - USD ($)
Aug. 31, 2025
Aug. 31, 2024
Current assets    
  Cash and cash equivalents $ 226,213 $ 4,853,367
  Accounts receivable, net of allowance of $0 (August 31, 2024 - $0) 3,863,678 3,668,815
  Inventory, net of allowance of $1,200,000 (August 31, 2024 - $550,000) (note 3) 15,885,589 13,157,243
Asset held for sale (note 4) 566,022 566,022
  Prepaid expenses 1,000,439 891,690
  Prepaid income taxes 180,151 50,326
  Total current assets 21,722,092 23,187,463
Property, plant and equipment, net (note 4) 3,643,114 3,849,800
Intangible assets, net (note 5) 111,389 112,222
Deferred tax assets (Note 6) 3 341,029
  Total assets 25,476,598 27,490,514
Current liabilities    
  Accounts payable 1,510,173 1,237,988
  Bank indebtedness (note 7) 2,101,835 0
  Accrued liabilities 1,083,612 1,401,382
  Total liabilities 4,695,620 2,639,370
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 3,518,119 common shares (August 31, 2024 – 3,504,802) 830,003 826,861
  Additional paid-in capital 852,510 795,726
  Retained earnings 19,098,465 23,228,557
  Total stockholders’ equity 20,780,978 24,851,144
  Total liabilities and stockholders’ equity $ 25,476,598 $ 27,490,514