10-K Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001171843-23-007230`
Period End Date	20230831
Filing Date	20231121
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ntic20230831_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 56 Cash Flow Statement 82 Stockholders Equity 25 Comprehensive Income 10

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Accounts Receivable, Allowance for Credit Loss, Current	`AllowanceForDoubtfulAccountsReceivableCurrent`	$533.00K	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
Preferred Stock, No 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
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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.41M	USD	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$5.59K	USD	Point-in-time
Available for sale securities	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	-	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
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	9.23M	shares	Point-in-time
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	9.42M	shares	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	9.23M	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $533,000 and $439,000 as of August 31, 2023 and 2022, respectively	`TradeReceivablesExcludingJointVenturesNetCurrent`	$14.14M	USD	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $533,000 and $439,000 as of August 31, 2023 and 2022, respectively	`TradeReceivablesExcludingJointVenturesNetCurrent`	$15.65M	USD	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	9.42M	shares	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$187.91K	USD	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$697.86K	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.30M	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.77M	USD	Point-in-time
Dividend receivable from joint venture	`DividendReceivableFromJointVenture`	-	USD	Point-in-time
Dividend receivable from joint venture	`DividendReceivableFromJointVenture`	$1.99M	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	$34.20K	USD	Point-in-time
Income taxes	`IncomeTaxesReceivable`	-	USD	Point-in-time
Inventories	`InventoryGross`	$16.34M	USD	Point-in-time
Inventories	`InventoryGross`	$13.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$1.95M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$39.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$40.23M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$12.17M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$14.07M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$21.81M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$23.71M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxAssetsNet`	$530.94K	USD	Point-in-time
Intangible asset, net	`FiniteLivedIntangibleAssetsNet`	$6.16M	USD	Point-in-time
Intangible asset, net	`FiniteLivedIntangibleAssetsNet`	$6.63M	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 assets	`OperatingLeaseRightOfUseAsset`	$428.87K	USD	Point-in-time
Operating lease right of use assets	`OperatingLeaseRightOfUseAsset`	$557.57K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$35.61M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$33.79M	USD	Point-in-time
Total assets	`Assets`	$89.34M	USD	Point-in-time
Total assets	`Assets`	$86.19M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$5.90M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.60M	USD	Point-in-time
Term loan	`SecuredDebtCurrent`	-	USD	Point-in-time
Term loan	`SecuredDebtCurrent`	$2.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.06M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.05K	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`	$2.31M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$667.29K	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.65M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$373.33K	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$340.80K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.07M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	$1.84M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	$1.70M	USD	Point-in-time
Operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$184.24K	USD	Point-in-time
Operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$88.08K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.92M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.88M	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; issued and outstanding 9,424,101 and 9,232,483, respectively	`CommonStockValue`	$184.65K	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares; issued and outstanding 9,424,101 and 9,232,483, respectively	`CommonStockValue`	$188.48K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$19.94M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.99M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$50.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.82M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$63.60M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$66.36M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.65M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$4.34M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$70.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$86.19M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$89.34M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$79.90M	USD	Annual
Net sales	`Revenues`	$74.16M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$52.10M	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$51.09M	USD	Annual
Gross profit	`GrossProfit`	$23.07M	USD	Annual
Gross profit	`GrossProfit`	$27.80M	USD	Annual
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$4.73M	USD	Annual
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$6.45M	USD	Annual
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$5.19M	USD	Annual
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$5.77M	USD	Annual
Total joint venture operations	`IncomeFromJointVentureOperations`	$10.49M	USD	Annual
Total joint venture operations	`IncomeFromJointVentureOperations`	$11.64M	USD	Annual
Selling expenses	`SellingExpense`	$13.04M	USD	Annual
Selling expenses	`SellingExpense`	$15.29M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.17M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.60M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.97M	USD	Annual
Research and development expenses	`ResearchAndDevelopmentExpense`	$4.78M	USD	Annual
Total operating expenses	`OperatingExpenses`	$33.43M	USD	Annual
Total operating expenses	`OperatingExpenses`	$28.41M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$6.02M	USD	Annual
OPERATING INCOME	`OperatingIncomeLoss`	$5.15M	USD	Annual
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	$3.95M	USD	Annual
REMEASUREMENT GAIN ON ACQUISITION OF EQUITY METHOD INVESTEE	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	Annual
INTEREST INCOME	`InvestmentIncomeNet`	$28.49K	USD	Annual
INTEREST INCOME	`InvestmentIncomeNet`	$49.24K	USD	Annual
INTEREST EXPENSE	`InterestExpense`	$89.10K	USD	Annual
INTEREST EXPENSE	`InterestExpense`	$461.81K	USD	Annual
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$9.06M	USD	Annual
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$5.59M	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.35M	USD	Annual
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$1.87M	USD	Annual
NET INCOME	`ProfitLoss`	$7.19M	USD	Annual
NET INCOME	`ProfitLoss`	$4.24M	USD	Annual
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.33M	USD	Annual
NET INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`NetIncomeLossAttributableToNoncontrollingInterest`	$861.23K	USD	Annual
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$2.91M	USD	Annual
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$6.32M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.31	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.69	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.66	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.22M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.36M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.69M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.64M	shares	Annual
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	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`	$0.28	USD	Annual
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`	$0.28	USD	Annual
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 Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$7.19M	USD	Annual
NET INCOME	`ProfitLoss`	$4.24M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$931.53K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$1.34M	USD	Annual
Depreciation expense	`Depreciation`	$938.49K	USD	Annual
Depreciation expense	`Depreciation`	$1.04M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$588.45K	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$629.84K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets1`	$8.53K	USD	Annual
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets1`	-	USD	Annual
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	$3.95M	USD	Annual
Remeasurement gain on acquisition of equity method investee	`BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss`	-	USD	Annual
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$94.00K	USD	Annual
Change in allowance for doubtful accounts	`ProvisionForDoubtfulAccounts`	$57.00K	USD	Annual
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$4.73M	USD	Annual
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$6.45M	USD	Annual
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$5.64M	USD	Annual
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$5.72M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$81.50K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$395.00K	USD	Annual
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$1.96M	USD	Annual
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$2.09M	USD	Annual
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$73.05K	USD	Annual
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$-509.95K	USD	Annual
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$259.55K	USD	Annual
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-468.52K	USD	Annual
Dividends receivable from joint venture	`IncreaseDecreaseInDividendsReceivableFromJointVenture`	$1.99M	USD	Annual
Dividends receivable from joint venture	`IncreaseDecreaseInDividendsReceivableFromJointVenture`	-	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-284.02K	USD	Annual
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$34.20K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$4.82M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-3.03M	USD	Annual
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.11K	USD	Annual
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.06K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.01M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.51M	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-493.09K	USD	Annual
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-16.08K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$953.54K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-1.12M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.15M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.54M	USD	Annual
Acquisition of Zerust India business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.06M	USD	Annual
Acquisition of Zerust India business, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Proceeds from the sale of available for sale securities	`PaymentsForProceedsFromInvestments`	$956.00	USD	Annual
Proceeds from the sale of available for sale securities	`PaymentsForProceedsFromInvestments`	$-5.59K	USD	Annual
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	$341.39K	USD	Annual
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	-	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.50M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.25M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$13.00K	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$114.06K	USD	Annual
Investments in patents	`PaymentsToAcquireIntangibleAssets`	$207.15K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.34M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.11M	USD	Annual
Dividend received by non-controlling interest	`PaymentsToMinorityShareholders`	$402.73K	USD	Annual
Dividend received by non-controlling interest	`PaymentsToMinorityShareholders`	$655.57K	USD	Annual
Repayments on the line of credit	`RepaymentsOfLinesOfCredit`	$2.30M	USD	Annual
Repayments on the line of credit	`RepaymentsOfLinesOfCredit`	-	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	-	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$5.90M	USD	Annual
Proceeds from term loan	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	Annual
Proceeds from term loan	`ProceedsFromIssuanceOfSecuredDebt`	$2.81M	USD	Annual
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$2.62M	USD	Annual
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$2.58M	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$75.46K	USD	Annual
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$73.64K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$638.27K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$198.64K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.05M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.19M	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-72.01K	USD	Annual
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$426.97K	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.35M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$72.28K	USD	Annual
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.33M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.33M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$7.68M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.41M	USD	Point-in-time

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$70.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time
Stock options exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	184,432.00	shares	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$198.64K	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$638.27K	USD	Annual
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	2,966.00	shares	Point-in-time
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 (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	3,566.00	shares	Point-in-time
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$75.46K	USD	Annual
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$73.64K	USD	Annual
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$1.34M	USD	Annual
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$931.53K	USD	Annual
Dividends paid to stockholders	`Dividends`	$2.58M	USD	Annual
Dividends paid to stockholders	`Dividends`	$2.62M	USD	Annual
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$655.57K	USD	Annual
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$402.73K	USD	Annual
Net income	`ProfitLoss`	$7.19M	USD	Annual
Net income	`ProfitLoss`	$4.24M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$445.34K	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-3.91M	USD	Annual
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$70.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$65.75M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$7.19M	USD	Annual
NET INCOME	`ProfitLoss`	$4.24M	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$445.34K	USD	Annual
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.91M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$4.68M	USD	Annual
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.27M	USD	Annual
LESS: COMPREHENSIVE LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.35M	USD	Annual
LESS: COMPREHENSIVE LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$669.21K	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$2.60M	USD	Annual
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$3.33M	USD	Annual

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