Three Months Ended

Six Months Ended

Numerator:

February 28, 2025

February 29, 2024

February 28, 2025

February 29, 2024

Net income attributable to NTIC

$

434,319

$

1,701,169

$

995,410

$

2,596,690

Denominator:

Basic – weighted shares outstanding

9,470,507

9,427,598

9,474,034

9,427,588

Weighted shares assumed upon exercise of stock options and settlement of restricted stock units

282,930

296,073

283,316

287,533

Diluted – weighted shares outstanding

9,753,437

9,723,671

9,757,350

9,715,121

Basic net income per share:

$

0.05

$

0.18

$

0.11

$

0.28

Diluted net income per share:

$

0.04

$

0.17

$

0.10

$

0.27