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10-Q Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0001171843-23-000225
Period End Date 20221130
Filing Date 20230112
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance ntic20221130_10q_htm.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $439.00K USD Point-in-time
Accounts Receivable, Allowance for Credit Loss, Current AllowanceForDoubtfulAccountsReceivableCurrent $439.00K USD Point-in-time
Preferred Stock, No Par Value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.07M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.33M USD Point-in-time
Preferred Stock, No Par Value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Available for sale securities AvailableForSaleSecuritiesDebtSecuritiesCurrent $5.59K USD Point-in-time
Available for sale securities AvailableForSaleSecuritiesDebtSecuritiesCurrent $5.59K 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, Ending Balance (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, Shares Outstanding, Ending Balance (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Trade, excluding joint ventures, less allowance for doubtful accounts of $439,000 as of November 30, 2022 and August 31, 2022 TradeReceivablesExcludingJointVenturesNetCurrent $14.40M USD Point-in-time
Trade, excluding joint ventures, less allowance for doubtful accounts of $439,000 as of November 30, 2022 and August 31, 2022 TradeReceivablesExcludingJointVenturesNetCurrent $14.14M USD Point-in-time
Trade, joint ventures TradeReceivablesJointVenturesCurrent $593.60K USD Point-in-time
Trade, joint ventures TradeReceivablesJointVenturesCurrent $697.86K USD Point-in-time
Common Stock, Par or Stated Value Per Share (in dollars per share) CommonStockParOrStatedValuePerShare $0.02 USD Point-in-time
Common Stock, Par or Stated Value Per Share (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
Fees for services provided to joint ventures FeesReceivableForServicesProvidedToJointVenturesCurrent $1.12M USD Point-in-time
Fees for services provided to joint ventures FeesReceivableForServicesProvidedToJointVenturesCurrent $1.77M USD Point-in-time
Income taxes IncomeTaxesReceivable $226.73K USD Point-in-time
Common Stock, Shares, Issued (in shares) CommonStockSharesIssued 9.23M shares Point-in-time
Common Stock, Shares, Issued (in shares) CommonStockSharesIssued 9.37M shares Point-in-time
Income taxes IncomeTaxesReceivable - USD Point-in-time
Inventories InventoryGross $15.24M USD Point-in-time
Common Stock, Shares, Outstanding, Ending Balance (in shares) CommonStockSharesOutstanding 9.23M shares Point-in-time
Inventories InventoryGross $16.34M USD Point-in-time
Common Stock, Shares, Outstanding, Ending Balance (in shares) CommonStockSharesOutstanding 9.37M shares Point-in-time
Prepaid expenses PrepaidExpenseCurrent $1.95M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $2.24M USD Point-in-time
Total current assets AssetsCurrent $40.23M USD Point-in-time
Total current assets AssetsCurrent $39.89M USD Point-in-time
PROPERTY AND EQUIPMENT, NET PropertyPlantAndEquipmentNet $12.17M USD Point-in-time
PROPERTY AND EQUIPMENT, NET PropertyPlantAndEquipmentNet $12.15M USD Point-in-time
Investments in joint ventures EquityMethodInvestments $21.81M USD Point-in-time
Investments in joint ventures EquityMethodInvestments $20.33M USD Point-in-time
Intangible asset, net FiniteLivedIntangibleAssetsNet $6.63M USD Point-in-time
Intangible asset, net FiniteLivedIntangibleAssetsNet $6.53M USD Point-in-time
Goodwill Goodwill $4.78M USD Point-in-time
Goodwill Goodwill $4.78M USD Point-in-time
Operating lease right of use asset OperatingLeaseRightOfUseAsset $440.92K USD Point-in-time
Operating lease right of use asset OperatingLeaseRightOfUseAsset $557.57K USD Point-in-time
Total other assets AssetsNoncurrentOtherThanPropertyPlantAndEquipment $33.79M USD Point-in-time
Total other assets AssetsNoncurrentOtherThanPropertyPlantAndEquipment $32.09M USD Point-in-time
Total assets Assets $86.19M USD Point-in-time
Total assets Assets $84.12M USD Point-in-time
Accounts payable AccountsPayableCurrent $6.03M USD Point-in-time
Accounts payable AccountsPayableCurrent $7.80M USD Point-in-time
Line of credit LinesOfCreditCurrent $5.45M USD Point-in-time
Line of credit LinesOfCreditCurrent $5.90M USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $12.21K USD Point-in-time
Income taxes payable AccruedIncomeTaxesCurrent $30.74K USD Point-in-time
Payroll and related benefits EmployeeRelatedLiabilitiesCurrent $2.30M USD Point-in-time
Payroll and related benefits EmployeeRelatedLiabilitiesCurrent $1.60M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $1.07M USD Point-in-time
Other OtherAccruedLiabilitiesCurrent $667.29K USD Point-in-time
Current portion of operating lease OperatingLeaseLiabilityCurrent $373.33K USD Point-in-time
Current portion of operating lease OperatingLeaseLiabilityCurrent $317.50K USD Point-in-time
Total current liabilities LiabilitiesCurrent $17.07M USD Point-in-time
Total current liabilities LiabilitiesCurrent $14.48M USD Point-in-time
Deferred income tax, net DeferredIncomeTaxLiabilitiesNet $1.64M USD Point-in-time
Deferred income tax, net DeferredIncomeTaxLiabilitiesNet $1.70M USD Point-in-time
Operating lease, less current portion OperatingLeaseLiabilityNoncurrent $184.24K USD Point-in-time
Operating lease, less current portion OperatingLeaseLiabilityNoncurrent $123.42K USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $1.88M USD Point-in-time
Total long-term liabilities LiabilitiesNoncurrent $1.77M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies 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 of November 30, 2022 and August 31, 2022; issued and outstanding 9,366,358 and 9,232,483, respectively CommonStockValue $187.33K USD Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of November 30, 2022 and August 31, 2022; issued and outstanding 9,366,358 and 9,232,483, respectively CommonStockValue $184.65K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $19.94M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $20.72M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $50.72M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $50.56M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.31M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.25M USD Point-in-time
Stockholders equity StockholdersEquity $63.60M USD Point-in-time
Stockholders equity StockholdersEquity $64.17M USD Point-in-time
Non-controlling interests MinorityInterest $3.71M USD Point-in-time
Non-controlling interests MinorityInterest $3.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.63M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.87M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.75M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.24M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $84.12M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $86.19M USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Net sales Revenues $18.19M USD 1 Quarter
Net sales Revenues $19.95M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $12.49M USD 1 Quarter
Cost of goods sold CostOfGoodsAndServicesSold $13.60M USD 1 Quarter
Gross profit GrossProfit $5.70M USD 1 Quarter
Gross profit GrossProfit $6.35M USD 1 Quarter
Equity in income from joint ventures IncomeLossFromEquityMethodInvestments $1.19M USD 1 Quarter
Equity in income from joint ventures IncomeLossFromEquityMethodInvestments $1.37M USD 1 Quarter
Fees for services provided to joint ventures FeesForServicesProvidedToJointVentures $1.18M USD 1 Quarter
Fees for services provided to joint ventures FeesForServicesProvidedToJointVentures $1.26M USD 1 Quarter
Total joint venture operations IncomeFromJointVentureOperations $2.63M USD 1 Quarter
Total joint venture operations IncomeFromJointVentureOperations $2.37M USD 1 Quarter
Selling expenses SellingExpense $3.24M USD 1 Quarter
Selling expenses SellingExpense $3.51M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $3.13M USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $2.60M USD 1 Quarter
Research and development expenses ResearchAndDevelopmentExpense $1.26M USD 1 Quarter
Research and development expenses ResearchAndDevelopmentExpense $1.24M USD 1 Quarter
Total operating expenses OperatingExpenses $7.07M USD 1 Quarter
Total operating expenses OperatingExpenses $7.89M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $1.27M USD 1 Quarter
OPERATING INCOME OperatingIncomeLoss $829.58K USD 1 Quarter
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss $3.95M USD 1 Quarter
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss - USD 1 Quarter
INTEREST INCOME InvestmentIncomeNet $6.17K USD 1 Quarter
INTEREST INCOME InvestmentIncomeNet $10.94K USD 1 Quarter
INTEREST EXPENSE InterestExpense $2.89K USD 1 Quarter
INTEREST EXPENSE InterestExpense $91.33K USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossIncludingPortionAttributableToNoncontrollingInterest $5.23M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossIncludingPortionAttributableToNoncontrollingInterest $744.41K USD 1 Quarter
INCOME TAX EXPENSE IncomeTaxExpenseBenefit $110.73K USD 1 Quarter
INCOME TAX EXPENSE IncomeTaxExpenseBenefit $504.38K USD 1 Quarter
NET INCOME ProfitLoss $4.72M USD 1 Quarter
NET INCOME ProfitLoss $633.68K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS NetIncomeLossAttributableToNoncontrollingInterest $131.44K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS NetIncomeLossAttributableToNoncontrollingInterest $228.07K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC NetIncomeLoss $4.49M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC NetIncomeLoss $502.24K USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.49 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.05 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.46 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.05 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 9.20M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 9.32M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 9.72M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 9.78M shares 1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD Point-in-time
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD Point-in-time
CASH DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) CommonStockDividendsPerShareDeclared $0.07 USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
NET INCOME ProfitLoss $4.72M USD 1 Quarter
NET INCOME ProfitLoss $633.68K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $329.52K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $232.88K USD 1 Quarter
Depreciation expense Depreciation $262.88K USD 1 Quarter
Depreciation expense Depreciation $215.31K USD 1 Quarter
Amortization expense AdjustmentForAmortization $119.89K USD 1 Quarter
Amortization expense AdjustmentForAmortization $147.81K USD 1 Quarter
Remeasurement gain on acquisition of equity method investee BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss $3.95M USD 1 Quarter
Remeasurement gain on acquisition of equity method investee BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss - USD 1 Quarter
Equity in income from joint ventures IncomeLossFromEquityMethodInvestments $1.19M USD 1 Quarter
Equity in income from joint ventures IncomeLossFromEquityMethodInvestments $1.37M USD 1 Quarter
Dividends received from joint ventures ProceedsFromDividendsReceived $3.04M USD 1 Quarter
Dividends received from joint ventures ProceedsFromDividendsReceived $5.04M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-126.85K USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $54.38K USD 1 Quarter
Trade, excluding joint ventures IncreaseDecreaseInTradeReceivablesExcludingJointVentures $308.32K USD 1 Quarter
Trade, excluding joint ventures IncreaseDecreaseInTradeReceivablesExcludingJointVentures $539.92K USD 1 Quarter
Trade, joint ventures IncreaseDecreaseInTradeReceivablesJointVentures $166.44K USD 1 Quarter
Trade, joint ventures IncreaseDecreaseInTradeReceivablesJointVentures $-104.26K USD 1 Quarter
Fees for services provided to joint ventures IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures $-641.64K USD 1 Quarter
Fees for services provided to joint ventures IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures $-304.26K USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $119.98K USD 1 Quarter
Income taxes IncreaseDecreaseInIncomeTaxesReceivable $226.73K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-948.66K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-516.28K USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $252.30K USD 1 Quarter
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $418.89K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-1.57M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $98.55K USD 1 Quarter
Income tax payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-18.41K USD 1 Quarter
Income tax payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-102.07K USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-1.62M USD 1 Quarter
Accrued liabilities IncreaseDecreaseInAccruedLiabilities $-254.44K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.00M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $3.32M USD 1 Quarter
Acquisition of Zerust India business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisition of Zerust India business, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $5.06M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $315.39K USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $409.09K USD 1 Quarter
Investments in patents PaymentsToAcquireIntangibleAssets $44.45K USD 1 Quarter
Investments in patents PaymentsToAcquireIntangibleAssets $52.20K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-5.43M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-453.54K USD 1 Quarter
Net proceeds from line of credit ProceedsFromRepaymentsOfLinesOfCredit $-450.00K USD 1 Quarter
Net proceeds from line of credit ProceedsFromRepaymentsOfLinesOfCredit $2.50M USD 1 Quarter
Dividends paid on NTIC common stock PaymentsOfDividendsCommonStock $655.64K USD 1 Quarter
Dividends paid on NTIC common stock PaymentsOfDividendsCommonStock $643.12K USD 1 Quarter
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $416.56K USD 1 Quarter
Proceeds from the exercise of stock options ProceedsFromStockOptionsExercised $139.20K USD 1 Quarter
Dividends received by non-controlling interest PaymentsOfDividendsMinorityInterest $80.00K USD 1 Quarter
Dividends received by non-controlling interest PaymentsOfDividendsMinorityInterest $200.00K USD 1 Quarter
Proceeds from employee stock purchase plan ProceedsFromStockPlans $38.53K USD 1 Quarter
Proceeds from employee stock purchase plan ProceedsFromStockPlans $38.70K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-730.39K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.83M USD 1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS: EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-86.19K USD 1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS: EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $642.88K USD 1 Quarter
NET INCREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $732.43K USD 1 Quarter
NET INCREASE IN CASH AND CASH EQUIVALENTS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $366.92K USD 1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.33M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $7.68M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $6.07M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.05M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.33M 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 $6.07M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $8.05M USD Point-in-time
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Stock option expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $232.88K USD 1 Quarter
Stock option expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $329.52K USD 1 Quarter
BALANCE AT AUGUST 31, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.63M USD Point-in-time
BALANCE AT AUGUST 31, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.87M USD Point-in-time
BALANCE AT AUGUST 31, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.75M USD Point-in-time
BALANCE AT AUGUST 31, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.24M USD Point-in-time
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $139.20K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $416.56K USD 1 Quarter
Stock issued for employee stock purchase plan (in shares) StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 3,620.00 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 1 Quarter
Stock issued for employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $38.70K USD 1 Quarter
Investment by non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $80.00K USD 1 Quarter
Investment by non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $200.00K USD 1 Quarter
Dividends paid to shareholders Dividends $643.12K USD 1 Quarter
Dividends paid to shareholders Dividends $655.64K USD 1 Quarter
Net income ProfitLoss $4.72M USD 1 Quarter
Net income ProfitLoss $633.68K USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-53.92K USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-409.06K USD 1 Quarter
Stock option expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $232.88K USD 1 Quarter
Stock option expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions $329.52K USD 1 Quarter
BALANCE AT NOVEMBER 30, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $69.63M USD Point-in-time
BALANCE AT NOVEMBER 30, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.87M USD Point-in-time
BALANCE AT NOVEMBER 30, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $65.75M USD Point-in-time
BALANCE AT NOVEMBER 30, 2021 StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $67.24M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
NET INCOME ProfitLoss $4.72M USD 1 Quarter
NET INCOME ProfitLoss $633.68K USD 1 Quarter
OTHER COMPREHENSIVE LOSS FOREIGN CURRENCY TRANSLATION ADJUSTMENT OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-409.06K USD 1 Quarter
OTHER COMPREHENSIVE LOSS FOREIGN CURRENCY TRANSLATION ADJUSTMENT OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-53.92K USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $579.76K USD 1 Quarter
COMPREHENSIVE INCOME ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $4.31M USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-156.06K USD 1 Quarter
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTERESTS ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-138.22K USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC ComprehensiveIncomeNetOfTax $717.99K USD 1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC ComprehensiveIncomeNetOfTax $4.47M USD 1 Quarter

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

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