XML 49 R35.htm IDEA: XBRL DOCUMENT
v3.25.3

Note 7 - Investments in Joint Ventures (Tables) | 12 Months Ended
--- | ---
Aug. 31, 2025
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | As of August 31, 2025 |
|  | TOTAL |  |  | EXCOR |  |  | Acobal |  |  | Zerust OY |  |  | Other |
Current assets |  | $ | 60,062,085 |  |  | $ | 29,870,525 |  |  | $ | 6,971,262 |  |  | $ | 3,029,614 |  |  | $ | 20,190,684 |
Total assets |  |  | 69,815,251 |  |  |  | 36,941,008 |  |  |  | 7,900,298 |  |  |  | 3,313,909 |  |  |  | 21,660,036 |
Current liabilities |  |  | 11,743,525 |  |  |  | 2,391,029 |  |  |  | 2,660,430 |  |  |  | 719,172 |  |  |  | 5,972,894 |
Noncurrent liabilities |  |  | 336,557 |  |  | — |  |  | — |  |  | — |  |  |  | 336,557 |
Joint ventures’ equity |  |  | 57,735,169 |  |  |  | 34,549,979 |  |  |  | 5,239,868 |  |  |  | 2,594,737 |  |  |  | 15,350,585 |
NTIC’s share of joint ventures’ equity |  |  | 28,611,777 |  |  |  | 17,274,991 |  |  |  | 2,619,932 |  |  |  | 1,297,358 |  |  |  | 7,419,496 |
NTIC’s share of joint ventures’ undistributed earnings |  |  | 27,667,432 |  |  |  | 17,244,086 |  |  |  | 2,619,932 |  |  |  | 1,277,358 |  |  |  | 6,526,056 |
|  | As of August 31, 2024 |
|  | Total |  |  | EXCOR |  |  | OTHER |
Current assets |  | $ | 56,420,503 |  |  | $ | 26,234,664 |  |  | $ | 30,185,839 |
Total assets |  |  | 64,183,071 |  |  |  | 31,513,288 |  |  |  | 32,669,783 |
Current liabilities |  |  | 12,553,716 |  |  |  | 2,221,726 |  |  |  | 10,331,990 |
Noncurrent liabilities |  |  | 323,199 |  |  |  | — |  |  |  | 323,199 |
Joint ventures’ equity |  |  | 51,306,156 |  |  |  | 29,291,562 |  |  |  | 22,014,594 |
NTIC’s share of joint ventures’ equity |  |  | 25,397,287 |  |  |  | 14,645,783 |  |  |  | 10,751,504 |
NTIC’s share of joint ventures’ undistributed earnings |  |  | 23,645,685 |  |  |  | 14,614,878 |  |  |  | 9,030,807 |
Condensed Income Statement [Table Text Block] |
|  | Fiscal Year Ended August 31, 2025 |
|  | TOTAL |  |  | EXCOR |  |  | Acobal |  |  | Zerust OY |  |  | Other |
Net sales |  | $ | 91,236,272 |  |  | $ | 32,909,789 |  |  | $ | 11,721,152 |  |  | $ | 4,831,258 |  |  | $ | 41,774,073 |
Gross profit |  |  | 39,460,739 |  |  |  | 17,637,075 |  |  |  | 4,500,635 |  |  |  | 2,976,462 |  |  |  | 14,346,567 |
Net income |  |  | 7,081,482 |  |  |  | 3,325,785 |  |  |  | 1,418,240 |  |  |  | 964,653 |  |  |  | 1,372,804 |
NTIC’s share of equity in income of joint ventures |  |  | 3,539,057 |  |  |  | 1,664,532 |  |  |  | 708,333 |  |  |  | 483,754 |  |  |  | 682,436 |
NTIC’s dividends received from joint ventures |  |  | 1,566,946 |  |  | — |  |  |  | 635,528 |  |  |  | 382,613 |  |  |  | 548,805 |
|  | Fiscal Year Ended August 31, 2024 |
|  | Total |  |  | EXCOR |  |  | OTHER |
Net sales |  | $ | 95,940,014 |  |  | $ | 35,720,889 |  |  | $ | 60,219,125 |
Gross profit |  |  | 41,247,036 |  |  |  | 18,288,258 |  |  |  | 22,958,778 |
Net income |  |  | 8,450,411 |  |  |  | 4,599,088 |  |  |  | 3,851,323 |
NTIC’s share of equity in income of joint ventures |  |  | 4,223,296 |  |  |  | 2,299,274 |  |  |  | 1,924,022 |
NTIC’s dividends received from joint ventures |  |  | 2,997,164 |  |  |  | 1,624,950 |  |  |  | 1,372,214 |

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Paragraph a -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 942 -SubTopic 235 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration