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Note 9 - Net Income Per Common Share - Reconciliation of the Earnings Per Share Computations (Details) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2024
May 31, 2023
May 31, 2024
May 31, 2023
Net income $ 976,604 $ 1,059,590 $ 3,573,294 $ 1,973,329
Basic-weighted shares outstanding (in shares) 9,431,134 9,369,923 9,432,684 9,355,776
Weighted shares assumed upon exercise of stock options (in shares) 584,541 258,146 386,536 346,834
Diluted – weighted shares outstanding (in shares) 10,015,674 9,628,069 9,819,220 9,702,610
Basic net income per share: (in dollars per share) $ 0.1 $ 0.11 $ 0.38 $ 0.21
Diluted net income per share: (in dollars per share) $ 0.1 $ 0.11 $ 0.36 $ 0.2