10-Q Filing

NORTHERN TECHNOLOGIES INTERNATIONAL CORP CIK: 875582 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001171843-24-000207`
Period End Date	20231130
Filing Date	20240111
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	ntic20231130_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 48 Cash Flow Statement 66 Stockholders Equity 23 Comprehensive Income 10

Balance Sheet 95 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`	$533.00K	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.41M	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`	$6.09M	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
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	9.42M	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $533,000 as of November 30, 2023 and August 31, 2023	`TradeReceivablesExcludingJointVenturesNetCurrent`	$15.65M	USD	Point-in-time
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	9.43M	shares	Point-in-time
Trade excluding joint ventures, less allowance for doubtful accounts of $533,000 as of November 30, 2023 and August 31, 2023	`TradeReceivablesExcludingJointVenturesNetCurrent`	$14.24M	USD	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$187.91K	USD	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	9.42M	shares	Point-in-time
Common Stock, Shares, Outstanding (in shares)	`CommonStockSharesOutstanding`	9.43M	shares	Point-in-time
Trade, joint ventures	`TradeReceivablesJointVenturesCurrent`	$778.62K	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.22M	USD	Point-in-time
Fees for services provided to joint ventures	`FeesReceivableForServicesProvidedToJointVenturesCurrent`	$1.30M	USD	Point-in-time
Dividend receivable from joint venture	`DividendReceivableFromJointVenture`	$320.07K	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`	$12.59M	USD	Point-in-time
Inventories	`InventoryGross`	$13.10M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.02M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$38.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$39.67M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$14.26M	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$14.07M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$23.71M	USD	Point-in-time
Investments in joint ventures	`EquityMethodInvestments`	$24.60M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxAssetsNet`	$530.94K	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxAssetsNet`	$521.33K	USD	Point-in-time
Intangible asset, net	`FiniteLivedIntangibleAssetsNet`	$6.04M	USD	Point-in-time
Intangible asset, net	`FiniteLivedIntangibleAssetsNet`	$6.16M	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`	$327.46K	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$36.28M	USD	Point-in-time
Total other assets	`AssetsNoncurrentOtherThanPropertyPlantAndEquipment`	$35.61M	USD	Point-in-time
Total assets	`Assets`	$88.80M	USD	Point-in-time
Total assets	`Assets`	$89.34M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.60M	USD	Point-in-time
Line of credit	`LinesOfCreditCurrent`	$3.00M	USD	Point-in-time
Term loan	`SecuredDebtCurrent`	$2.81M	USD	Point-in-time
Term loan	`SecuredDebtCurrent`	$2.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$6.35M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$22.62K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.05K	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.31M	USD	Point-in-time
Payroll and related benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.60M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.65M	USD	Point-in-time
Other	`OtherAccruedLiabilitiesCurrent`	$1.83M	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$340.80K	USD	Point-in-time
Current portion of operating leases	`OperatingLeaseLiabilityCurrent`	$231.88K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$15.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.72M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	$1.84M	USD	Point-in-time
Deferred income tax, net	`DeferredIncomeTaxLiabilitiesNet`	$1.84M	USD	Point-in-time
Operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$88.08K	USD	Point-in-time
Operating leases, less current portion	`OperatingLeaseLiabilityNoncurrent`	$95.58K	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.93M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$1.92M	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, 2023 and August 31, 2023; issued and outstanding 9,427,598 and 9,424,101, respectively	`CommonStockValue`	$188.55K	USD	Point-in-time
Common stock, $0.02 par value per share; authorized 15,000,000 shares as of November 30, 2023 and August 31, 2023; issued and outstanding 9,427,598 and 9,424,101, respectively	`CommonStockValue`	$188.48K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$21.99M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$22.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.24M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$51.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.52M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.82M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$66.36M	USD	Point-in-time
Stockholders equity	`StockholdersEquity`	$67.29M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$3.73M	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`	$67.87M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.02M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$88.80M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$89.34M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$20.18M	USD	1 Quarter
Net sales	`Revenues`	$19.95M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$13.60M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$12.85M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.33M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.35M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.19M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.18M	USD	1 Quarter
Fees for services provided to joint ventures	`FeesForServicesProvidedToJointVentures`	$1.25M	USD	1 Quarter
Total joint venture operations	`IncomeFromJointVentureOperations`	$2.35M	USD	1 Quarter
Total joint venture operations	`IncomeFromJointVentureOperations`	$2.37M	USD	1 Quarter
Selling expenses	`SellingExpense`	$3.69M	USD	1 Quarter
Selling expenses	`SellingExpense`	$3.51M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.13M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.26M	USD	1 Quarter
Research and development expenses	`ResearchAndDevelopmentExpense`	$1.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.89M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.31M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$829.58K	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$1.38M	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$6.17K	USD	1 Quarter
INTEREST INCOME	`InvestmentIncomeNet`	$46.44K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$111.14K	USD	1 Quarter
INTEREST EXPENSE	`InterestExpense`	$91.33K	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$1.31M	USD	1 Quarter
INCOME BEFORE INCOME TAX EXPENSE	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$744.41K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$226.80K	USD	1 Quarter
INCOME TAX EXPENSE	`IncomeTaxExpenseBenefit`	$110.73K	USD	1 Quarter
NET INCOME	`ProfitLoss`	$1.08M	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`	$189.42K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$502.24K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO NTIC	`NetIncomeLoss`	$895.52K	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.32M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	9.43M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.71M	shares	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	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 Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$1.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$633.68K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$350.93K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$329.52K	USD	1 Quarter
Depreciation expense	`Depreciation`	$307.01K	USD	1 Quarter
Depreciation expense	`Depreciation`	$262.88K	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$147.81K	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$147.66K	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	1 Quarter
Equity in income from joint ventures	`IncomeLossFromEquityMethodInvestments`	$1.19M	USD	1 Quarter
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$3.04M	USD	1 Quarter
Dividends received from joint ventures	`ProceedsFromDividendsReceived`	$371.10K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-15.34K	USD	1 Quarter
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$54.38K	USD	1 Quarter
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$539.92K	USD	1 Quarter
Trade, excluding joint ventures	`IncreaseDecreaseInTradeReceivablesExcludingJointVentures`	$-1.39M	USD	1 Quarter
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$-104.26K	USD	1 Quarter
Trade, joint ventures	`IncreaseDecreaseInTradeReceivablesJointVentures`	$590.71K	USD	1 Quarter
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-641.64K	USD	1 Quarter
Fees for services provided to joint ventures	`IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures`	$-75.91K	USD	1 Quarter
Dividends receivable from joint venture	`IncreaseDecreaseInDividendsReceivableFromJointVenture`	$-1.99M	USD	1 Quarter
Dividends receivable from joint venture	`IncreaseDecreaseInDividendsReceivableFromJointVenture`	-	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$226.73K	USD	1 Quarter
Income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$285.87K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-525.56K	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-948.66K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$252.30K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$929.25K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$270.19K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.57M	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$9.59K	USD	1 Quarter
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-18.41K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-544.41K	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`	$3.08M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$390.73K	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`	$33.14K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-453.54K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-423.87K	USD	1 Quarter
Net payments on line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-600.00K	USD	1 Quarter
Net payments on line of credit	`ProceedsFromRepaymentsOfLinesOfCredit`	$-450.00K	USD	1 Quarter
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$659.93K	USD	1 Quarter
Dividends paid on NTIC common stock	`PaymentsOfDividendsCommonStock`	$655.64K	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	1 Quarter
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$416.56K	USD	1 Quarter
Dividend received by non-controlling interest	`PaymentsToMinorityShareholders`	$800.00K	USD	1 Quarter
Dividend received by non-controlling interest	`PaymentsToMinorityShareholders`	$80.00K	USD	1 Quarter
Proceeds from employee stock purchase plan	`ProceedsFromStockPlans`	$40.10K	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`	$-2.02M	USD	1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$54.67K	USD	1 Quarter
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-86.19K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$732.43K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$687.86K	USD	1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.33M	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`	$6.09M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$5.41M	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`	$6.07M	USD	Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.09M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$70.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.87M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.02M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$416.56K	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$350.93K	USD	1 Quarter
Stock issued for employee stock purchase plan (in shares)	`StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans`	3,496.00	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	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$38.70K	USD	1 Quarter
Stock issued for employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$40.10K	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$329.52K	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$800.00K	USD	1 Quarter
Dividend received by non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$80.00K	USD	1 Quarter
Dividends paid to shareholders	`Dividends`	$655.64K	USD	1 Quarter
Dividends paid to shareholders	`Dividends`	$659.93K	USD	1 Quarter
Net income	`ProfitLoss`	$1.08M	USD	1 Quarter
Net income	`ProfitLoss`	$633.68K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-53.92K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$301.32K	USD	1 Quarter
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$70.70M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.87M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$71.02M	USD	Point-in-time
BALANCE	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$67.24M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`ProfitLoss`	$1.08M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$633.68K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$301.32K	USD	1 Quarter
OTHER COMPREHENSIVE INCOME (LOSS) FOREIGN CURRENCY TRANSLATION ADJUSTMENT	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-53.92K	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.39M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$579.76K	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-138.22K	USD	1 Quarter
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO NON-CONTROLLING INTERESTS	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$183.80K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$717.99K	USD	1 Quarter
COMPREHENSIVE INCOME ATTRIBUTABLE TO NTIC	`ComprehensiveIncomeNetOfTax`	$1.20M	USD	1 Quarter

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