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Note 2 - New Significant Accounting Policies
 12 Months Ended
Aug. 31, 2025
Notes to Financial Statements  
Significant Accounting Policies [Text Block]

2.

NEW SIGNIFICANT ACCOUNTING POLICIES

 

In fiscal 2025, the Company adopted Accounting Standards Update (ASU) No. 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures. ASU 2023-07 requires enhanced disclosures about significant segment expenses and other segment items on both an annual and interim basis. The Company has applied the standard retrospectively to all periods presented in the consolidated financial statements. The adoption of ASU 2023-07 did not impact the Company’s determination of reportable segments but resulted in enhanced disclosures related to segment expense information. The adoption resulted in additional disclosures but did not have an impact on the Company's consolidated financial position, results of operations, or cash flows.