10-Q Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001171843-22-002461`
Period End Date	20220228
Filing Date	20220408
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ntic20220228_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 106 Cash Flow Statement 80 Stockholders Equity 38 Comprehensive Income 20

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Trade receivable excluding joint ventures, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$382.00K	USD	Point-in-time
Trade receivable excluding joint ventures, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$382.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.49M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.02	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	15.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	15.00M	shares	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$4.63K	USD	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$4.63K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	9.18M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	9.22M	shares	Point-in-time
Trade, excluding joint ventures, less allowance for doubtful accounts of $382,000 as of February 28, 2022 and August 31, 2021	`TradeReceivablesExcludingJointVenturesNetCurrent`	$12.46M	USD	Point-in-time
Trade, excluding joint ventures, less allowance for doubtful accounts of $382,000 as of February 28, 2022 and August 31, 2021	`TradeReceivablesExcludingJointVenturesNetCurrent`	$11.13M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	9.22M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	9.18M	shares	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$905.96K	USD	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$624.81K	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.08M	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.51M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$386.57K	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$570.48K	USD	Point-in-time
Inventories	`InventoryGross`	$12.98M	USD	Point-in-time
Inventories	`InventoryGross`	$11.11M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.11M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.30M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.60M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$33.75M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$11.82M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$12.34M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$21.85M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$27.62M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$92.55K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Goodwill	`Goodwill`	$4.78M	USD	Point-in-time
Goodwill	`Goodwill`	-	USD	Point-in-time
Operating lease right of use asset	`OperatingLeaseRightOfUseAsset`	$528.64K	USD	Point-in-time
Operating lease right of use asset	`OperatingLeaseRightOfUseAsset`	$376.44K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$28.80M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$34.02M	USD	Point-in-time
Total assets	`Assets`	$84.95M	USD	Point-in-time
Total assets	`Assets`	$74.37M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.29M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$4.20M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$178.92K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$152.18K	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.69M	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.88M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$894.50K	USD	Point-in-time
Current portion of operating lease	`OperatingLeaseLiabilityCurrent`	$272.34K	USD	Point-in-time
Current portion of operating lease	`OperatingLeaseLiabilityCurrent`	$184.21K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$13.27M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$8.52M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	$1.90M	USD	Point-in-time
Operating lease, less current portion	`OperatingLeaseLiabilityNoncurrent`	$104.10K	USD	Point-in-time
Operating lease, less current portion	`OperatingLeaseLiabilityNoncurrent`	$344.44K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$2.24M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$104.10K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value; authorized 10,000 shares; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as ofFebruary 28, 2022 and August 31, 2021; issued and outstanding 9,221,517 and 9,184,811, respectively	`CommonStockValue`	$184.43K	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as ofFebruary 28, 2022 and August 31, 2021; issued and outstanding 9,221,517 and 9,184,811, respectively	`CommonStockValue`	$183.70K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$18.74M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$19.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.36M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$46.97M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.86M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.53M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$66.07M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$62.37M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.38M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.37M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.63M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$74.37M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$84.95M	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$24.45M	USD	2 Qtrs
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$15.87M	USD	1 Quarter
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$12.26M	USD	1 Quarter
Net sales, excluding joint ventures	`NetSalesExcludingJointVentures`	$33.22M	USD	2 Qtrs
Net sales, to joint ventures	`NetSalesToJointVentures`	$1.11M	USD	2 Qtrs
Net sales, to joint ventures	`NetSalesToJointVentures`	$526.94K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$883.51K	USD	1 Quarter
Net sales, to joint ventures	`NetSalesToJointVentures`	$1.72M	USD	2 Qtrs
Total net sales	`Revenues`	$34.94M	USD	2 Qtrs
Total net sales	`Revenues`	$16.75M	USD	1 Quarter
Total net sales	`Revenues`	$25.56M	USD	2 Qtrs
Total net sales	`Revenues`	$12.78M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.53M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$11.76M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$16.84M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$24.25M	USD	2 Qtrs
Gross profit	`GrossProfit`	$8.72M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.98M	USD	1 Quarter
Gross profit	`GrossProfit`	$10.69M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.25M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.92M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$3.75M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.30M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$922.83K	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.46M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.51M	USD	2 Qtrs
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.25M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$2.80M	USD	2 Qtrs
Total joint venture operations	`IncomeFromJointVentureOperations`	$3.38M	USD	1 Quarter
Total joint venture operations	`IncomeFromJointVentureOperations`	$6.54M	USD	2 Qtrs
Total joint venture operations	`IncomeFromJointVentureOperations`	$2.17M	USD	1 Quarter
Total joint venture operations	`IncomeFromJointVentureOperations`	$4.80M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$2.83M	USD	1 Quarter
Selling expenses	`SellingExpense`	$5.57M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$6.21M	USD	2 Qtrs
Selling expenses	`SellingExpense`	$2.97M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.05M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$5.12M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.52M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.96M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.08M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.15M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$2.45M	USD	2 Qtrs
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.22M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$6.71M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$13.78M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$5.87M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$445.22K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.77M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.71M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$3.48M	USD	2 Qtrs
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	$3.95M	USD	2 Qtrs
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	1 Quarter
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	1 Quarter
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeNet`	$85.18K	USD	2 Qtrs
INTEREST INCOME	`InvestmentIncomeNet`	$9.91K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$15.64K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$20.85K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$7.62K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$5.25K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$10.29K	USD	2 Qtrs
INTEREST EXPENSE	`InterestExpense`	$7.40K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$3.56M	USD	2 Qtrs
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.78M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$447.73K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$5.67M	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$656.12K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$653.25K	USD	2 Qtrs
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$151.74K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$274.66K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$295.99K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$5.02M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$2.91M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$1.50M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.14K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$333.65K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$341.21K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$190.89K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$182.85K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$1.31M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$4.68M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$2.57M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.26	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.21M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.68M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.87M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.74M	shares	2 Qtrs
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	2 Qtrs
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.14	USD	2 Qtrs
Amount (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	Point-in-time

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$295.99K	USD	1 Quarter
Net income	`ProfitLoss`	$5.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.50M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$342.50K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$465.77K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$451.50K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$430.99K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$315.63K	USD	2 Qtrs
Amortization expense	`AdjustmentForAmortization`	$100.82K	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$10.00K	USD	2 Qtrs
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	$3.95M	USD	2 Qtrs
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	1 Quarter
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	1 Quarter
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.92M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$3.75M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$2.30M	USD	2 Qtrs
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$922.83K	USD	1 Quarter
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$5.36M	USD	2 Qtrs
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$3.32M	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-139.34K	USD	2 Qtrs
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$3.18K	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$2.00M	USD	2 Qtrs
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$-321.32K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$281.15K	USD	2 Qtrs
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$-27.88K	USD	2 Qtrs
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$388.59K	USD	2 Qtrs
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-426.43K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$270.87K	USD	2 Qtrs
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$286.46K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$990.63K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$83.03K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.14M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$450.26K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$674.15K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.04M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$290.25K	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-376.54K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.72M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$413.16K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.96M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.12M	USD	2 Qtrs
Acquisition of Zerust India business, net of cash acquired (see Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.06M	USD	2 Qtrs
Acquisition of Zerust India business, net of cash acquired (see Note 3)	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Purchase of available for sale securities	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$868.76K	USD	2 Qtrs
Proceeds from the sale of available for sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	-	USD	2 Qtrs
Proceeds from the sale of available for sale securities	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$500.00K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$466.57K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$618.53K	USD	2 Qtrs
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$112.30K	USD	2 Qtrs
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$75.22K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-910.55K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.79M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$4.20M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$591.80K	USD	2 Qtrs
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$1.29M	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$139.20K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Dividends received by non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$302.73K	USD	2 Qtrs
Dividends received by non-controlling interest	`PaymentsOfDividendsMinorityInterest`	$200.00K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$38.53K	USD	2 Qtrs
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$36.19K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.79M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-755.61K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$92.41K	USD	2 Qtrs
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashAndCashEquivalents`	$694.90K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-192.83K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$385.50K	USD	2 Qtrs
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.49M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.79M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.49M	USD	Point-in-time

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.44M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.63M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$139.20K	USD	2 Qtrs
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$465.77K	USD	2 Qtrs
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$342.50K	USD	2 Qtrs
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$160.84K	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$232.88K	USD	1 Quarter
Dividends paid to stockholders	`Dividends`	$591.80K	USD	2 Qtrs
Dividends paid to stockholders	`Dividends`	$591.80K	USD	1 Quarter
Dividends paid to stockholders	`Dividends`	$645.51K	USD	1 Quarter
Dividends paid to stockholders	`Dividends`	$1.29M	USD	2 Qtrs
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$102.73K	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	2 Qtrs
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$200.00K	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$302.73K	USD	2 Qtrs
Net income	`ProfitLoss`	$295.99K	USD	1 Quarter
Net income	`ProfitLoss`	$5.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.50M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-382.77K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$495.01K	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$196.34K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$26.30K	USD	1 Quarter
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	4,646.00	shares	Point-in-time
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	2,636.00	shares	Point-in-time
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$38.53K	USD	2 Qtrs
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$36.19K	USD	2 Qtrs
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$59.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$62.69M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.44M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$69.63M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$61.63M	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$295.99K	USD	1 Quarter
Net income	`ProfitLoss`	$5.02M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.91M	USD	2 Qtrs
Net income	`ProfitLoss`	$1.50M	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.30K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$196.34K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-382.77K	USD	2 Qtrs
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$495.01K	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.64M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$322.28K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.40M	USD	2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$177.12K	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$387.78K	USD	2 Qtrs
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-136.04K	USD	1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-292.10K	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$1.52M	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$3.02M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$4.93M	USD	2 Qtrs
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$458.32K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.