Note 3 - Business Combination - Preliminary Purchase Price Allocation (Details) - USD ($)
|
|
3 Months Ended |
9 Months Ended |
|
Sep. 01, 2021 |
May 31, 2022 |
May 31, 2021 |
May 31, 2022 |
May 31, 2021 |
Aug. 31, 2021 |
| Goodwill |
|
$ 4,782,376
|
|
$ 4,782,376
|
|
$ 0
|
| Gain recognized on acquisition |
|
$ 0
|
$ 0
|
(3,951,550)
|
$ 0
|
|
| Harita-NTI Limited [Member] |
|
|
|
|
|
|
| Cash and cash equivalents |
$ 1,187,997
|
|
|
|
|
|
| Trade account receivable |
1,954,769
|
|
|
|
|
|
| Inventories |
886,650
|
|
|
|
|
|
| Prepaid expenses and other |
396,545
|
|
|
|
|
|
| Property, plant and equipment |
219,077
|
|
|
|
|
|
| Customer relationships |
6,347,000
|
|
|
|
|
|
| Goodwill |
4,782,376
|
|
|
|
|
|
| Current liabilities |
(1,370,314)
|
|
|
|
|
|
| Deferred tax liability |
(1,904,100)
|
|
|
|
|
|
| Operating lease liability |
(355,000)
|
|
|
|
|
|
| Net assets acquired |
12,500,000
|
|
|
|
|
|
| Fair value of previously held equity method investment |
(1,637,362)
|
|
|
|
|
|
| Cumulative foreign currency translation |
(661,088)
|
|
|
|
|
|
| Gain recognized on acquisition |
(3,951,550)
|
|
|
$ (3,951,550)
|
|
|
| Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest, Total |
(6,250,000)
|
|
|
|
|
|
| Cash paid for acquisition |
6,250,000
|
|
|
|
|
|
| Harita-NTI Limited [Member] | Customer Relationships [Member] |
|
|
|
|
|
|
| Operating lease, right of use asset |
$ (355,000)
|
|
|
|
|
|