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SEGMENT INFORMATION
 9 Months Ended
May 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION

11.       SEGMENT INFORMATION

 

The Company has four 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: Pet, Fencing and Other; Industrial wood products; Seed processing and sales; and Corporate and administration.

 

Following is a summary of segmented information for the nine-month periods ended May 31, 2025 and 2024.

         
   2025   2024 
         
Sales to unaffiliated customers:          
Industrial wood products  $2,658,723   $2,883,190 
Lawn, garden, pet and other   28,268,572    30,964,142 
Seed processing and sales   —    83,718 
   $30,927,295   $33,931,050 

 

   2025   2024 
         
(Loss) income before income taxes:          
Industrial wood products  $(68,148)  $41,146 
Lawn, garden, pet and other   (2,615,470)   384,102 
Seed processing and sales   —    32,242 
Corporate and administrative   325,258    634,258 
   $(2,358,360)  $1,091,748 
           
Identifiable assets:          
Industrial wood products  $1,036,755   $1,245,424 
Lawn, garden, pet and other   20,745,342    20,452,800 
Seed processing and sales   —    12,503 
Corporate and administrative   7,456,789    6,617,076 
   $29,238,886   $28,327,803 
           
Depreciation and amortization:          
Industrial wood products  $—   $— 
Lawn, garden, pet and other   62,711    51,274 
Seed processing and sales   —    1,615 
Corporate and administrative   179,592    215,460 
   $242,303   $268,349 

 

The following table lists sales made by the Company to customers which were in excess of 10% of total sales for the nine months ended May 31, 2025 and 2024:

        
   2025   2024 
         
Sales  $22,891,391   $22,653,269 

  

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 nine months ended May 31, 2025 and 2024:

         
   2025   2024 
         
United States  $29,747,627   $32,444,176 
Canada   736,261    1,384,964 
Mexico / Latin America / Caribbean   443,407    70,501 
Europe   —    14,000 
Middle East   —    17,409 

 

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