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CONSOLIDATED BALANCE SHEETS - USD ($)
Feb. 28, 2025
Aug. 31, 2024
Current assets    
  Cash and cash equivalents $ 435,635 $ 4,853,367
  Accounts receivable, net of allowance of $0 (August 31, 2024 - $0) 5,636,877 3,668,815
  Inventory, net of allowance of $550,000 (August 31, 2024 - $550,000) (note 3) 14,881,766 13,157,243
  Asset held for sale (note 4) 566,022 566,022
  Prepaid expenses 1,485,244 891,690
  Prepaid income taxes 27,075 50,326
  Total current assets 23,032,619 23,187,463
Property, plant and equipment, net (note 4) 3,744,570 3,849,800
Intangible assets, net (note 5) 111,806 112,222
Deferred tax assets (Note 6) 736,400 341,029
Total assets 27,625,395 27,490,514
Current liabilities    
  Accounts payable 2,305,136 1,237,988
  Accrued liabilities 1,641,000 1,401,382
Total liabilities 3,946,136 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 3,518,119 common shares (August 31, 2024 – 3,504,802) 830,003 826,861
  Additional paid-in capital 852,510 795,726
  Retained earnings 21,996,746 23,228,557
  Total stockholders’ equity 23,679,259 24,851,144
  Total liabilities and stockholders’ equity $ 27,625,395 $ 27,490,514