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SEGMENT INFORMATION
 12 Months Ended
Aug. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION

11.       SEGMENT INFORMATION

 

The Company has three principal reportable segments. These reportable segments were determined based on the nature of the products offered. Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

 

The Company evaluates performance based on several factors, of which the primary financial measure is business segment income before taxes. The following tables show the operations of the Company's reportable segments.

 

Following is a summary of segmented information for the years ended August 31:

        
   2025   2024 
Sales to unaffiliated customers:          
Industrial wood products  $3,802,791   $3,728,165 
Pet, Fencing and Other   37,495,349    43,330,737 
Seed processing and sales   —    86,274 
   $41,298,140   $47,145,176 
           
(Loss) income before income taxes:          
Industrial wood products  $(8,857)  $19,563 
Pet, Fencing and Other   (4,242,719)   (146,375)
Seed processing and sales   —    36,310 
Corporate and administrative   365,552    894,325 
   $(3,886,024)  $803,823 
           
Identifiable assets:          
Industrial wood products  $1,164,274   $1,069,821 
Pet, Fencing and Other   18,563,411    16,286,616 
Seed processing and sales   —    4,633 
Corporate and administrative   5,748,913    10,129,444 
   $25,476,598   $27,490,514 
           
Depreciation and amortization:          
Industrial wood products  $—   $— 
Pet, Fencing and Other   85,726    73,610 
Seed processing and sales   —    1,949 
Corporate and administrative   236,805    277,307 
   $322,531   $352,866 

         
   2025   2024 
Capital expenditures:          
Industrial wood products  $—   $— 
Pet, Fencing and Other   —    — 
Seed processing and sales   —    — 
Corporate and administrative   115,012    110,540 
   $115,012   $110,540 

 

The following table lists sales made by the Company to customers which were in excess of 10% of total sales for the years ended August 31:

         
     2025    2024 
            
Sales   $30,471,713   $31,447,052 

 

The Company conducts business primarily in the United States, but also has limited amounts of sales in foreign countries. The following table lists sales by country for the fiscal years ended August 31: 

        
   2025   2024 
United States  $39,704,438   $45,206,250 
Canada   1,043,245    1,734,200 
Mexico/Latin America/Caribbean   550,457    173,317 
Europe   —    14,000 
Asia/Pacific   —    17,409 
   $41,298,140   $47,145,176 

 

All of the Company’s significant identifiable assets were located in the United States as of August 31, 2025 and 2024.