XML 33 R23.htm IDEA: XBRL DOCUMENT v3.21.4
Note 17 - Income Taxes
3 Months Ended
Nov. 30, 2021
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

17.

INCOME TAXES

 

Income tax expense for the three months ended November 30, 2021 was $504,380 compared to $378,590 for the same prior year period. The expense was largely due to foreign operations. The Company has federal and state tax credit carry forwards, net operating loss carry forwards and foreign tax carry forwards. The Company has recorded a full valuation allowance against the U.S. deferred tax assets as of November 30, 2021 and August 31, 2021.