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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Nov. 30, 2024
Aug. 31, 2024
Current assets    
  Cash and cash equivalents $ 3,039,391 $ 4,853,367
  Accounts receivable, net of allowance of $0 (August 31, 2024 - $0) 4,183,710 3,668,815
  Inventory, net of allowance of $550,000 (August 31, 2024 - $550,000) (note 3) 13,491,547 13,157,243
  Asset held for sale (note 4) 566,022 566,022
  Prepaid expenses 978,302 891,690
  Prepaid income taxes 19,950 50,326
  Total current assets 22,278,922 23,187,463
Property, plant and equipment, net (note 4) 3,806,242 3,849,800
Intangible assets, net (note 5) 112,014 112,222
Deferred tax assets (Note 6) 548,034 341,029
Total assets 26,745,212 27,490,514
Current liabilities    
  Accounts payable 1,102,166 1,237,988
  Accrued liabilities 1,450,619 1,401,382
Total liabilities 2,552,785 2,639,370
Stockholders’ equity    
Capital stock (notes 8, 9) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,504,802 common shares (August 31, 2024 – 3,504,802) 826,861 826,861
  Additional paid-in capital 795,726 795,726
  Retained earnings 22,569,840 23,228,557
  Total stockholders’ equity 24,192,427 24,851,144
  Total liabilities and stockholders’ equity $ 26,745,212 $ 27,490,514