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Consolidated Balance Sheets (Unaudited) (USD $)
Nov. 30, 2012
Aug. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 6,819,036 $ 4,137,547
Trade excluding joint ventures, less allowance for doubtful accounts of $20,000 at November 30, 2012 and August 31, 2012 2,684,239 2,516,961
Trade joint ventures 942,500 734,543
Fees for services provided to joint ventures 2,328,455 1,316,933
Income taxes 253,759 58,129
Inventories 4,989,833 4,151,197
Prepaid expenses 698,808 548,331
Deferred income taxes 596,085 596,085
Total current assets 19,312,715 14,059,726
PROPERTY AND EQUIPMENT, NET 4,238,359 4,288,618
OTHER ASSETS:    
Investments in joint ventures 21,435,223 21,461,492
Deferred income taxes 1,030,610 1,030,610
Patents and trademarks, net 1,012,401 961,181
Other 76,000 76,000
Total other assets 23,554,234 23,529,283
Total assets 47,105,308 41,877,627
CURRENT LIABILITIES:    
Current portion of note payable 76,119 76,120
Accounts payable 1,810,330 1,818,309
Accrued liabilities:    
Payroll and related benefits 1,699,938 1,565,866
Deferred joint venture royalties 288,000 288,000
Other 131,457 251,350
Total current liabilities 4,005,844 3,999,645
NOTE PAYABLE, NET OF CURRENT PORTION (Note 7) 914,384 933,413
COMMITMENTS AND CONTINGENCIES (Note 13)      
Common stock, $0.02 par value per share; authorized 10,000,000 shares; issued and outstanding 4,418,821 and 4,403,656, respectively 88,351 88,073
Additional paid-in capital 11,305,834 11,130,966
Retained earnings 25,649,655 25,260,034
Accumulated other comprehensive income 664,247 277,583
Stockholders’ equity 37,708,087 36,756,656
Non-controlling interest 4,476,993 187,913
Total equity 42,185,080 36,944,569
Total liabilities and equity $ 47,105,308 $ 41,877,627