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Note 14 - Retirement Plan
12 Months Ended
Aug. 31, 2023
Notes to Financial Statements  
Retirement Benefits [Text Block]

13.

RETIREMENT PLAN

 

The Company has a 401(k) employee savings plan. Employees who meet certain age and service requirements may elect to contribute up to 15% of their salaries. The Company typically contributes the lesser of 50% of the participant’s contributions or 3.5% of the employee’s salary. The Company recognized expense for the savings plan of $289,235 and $272,257 for fiscal 2023 and fiscal 2022, respectively.