v3.21.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Revenues:    
Revenues $ 4,273 $ 4,868
Expenses:    
Depletion and depreciation (354) (365)
Other (77) (24)
Total cost of revenues (1,383) (2,745)
General and administrative expenses (1,325) (1,086)
Depreciation (85) (84)
Operating income 1,480 953
Other income:    
Interest income - related party 362 15
Oil and gas royalty income, net 97 75
Oil and gas lease income, net 48 52
Other 11 10
Interest expense, net (7)  
Income from operations before income taxes 1,991 1,105
Income tax expense (477) (260)
Net income $ 1,514 $ 845
Earnings per common share:    
Basic (in dollars per share) $ 0.06 $ 0.04
Diluted (in dollars per share) $ 0.06 $ 0.04
Weighted average common shares outstanding:    
Basic (in shares) 23,917,908 23,866,740
Diluted (in shares) 24,219,236 24,036,479
Water Service Operations [Member]    
Expenses:    
Expenses $ 289 $ 545
Metered Water Usage - Municipal Customers [Member]    
Revenues:    
Revenues 321 167
Metered Water Usage - Oil and Gas Operations [Member]    
Revenues:    
Revenues 386 1,199
Wastewater Service Operations [Member]    
Expenses:    
Expenses 129 92
Wastewater Treatment Fees [Member]    
Revenues:    
Revenues 55 42
Land Development Construction Costs [Member]    
Expenses:    
Expenses 531 1,719
Water and Wastewater Tap Fees [Member]    
Revenues:    
Revenues 261 1,083
Lot Sales [Member]    
Revenues:    
Revenues 2,945 2,356
Project Management Fees - Recognized [Member]    
Revenues:    
Revenues 248 0
Single Family Rentals [Member]    
Revenues:    
Revenues 8  
Expenses:    
Expenses 3  
Special Facility Projects and Other [Member]    
Revenues:    
Revenues $ 49 $ 21

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