Annual report [Section 13 and 15(d), not S-K Item 405]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Aug. 31, 2025
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Deferred Revenue and Changes in Deferred Revenue

As of August 31, 2025 and 2024, the Company’s deferred revenue along with the changes in the deferred revenue are as follows:

Year Ended August 31, 2025

(In thousands)

Water and Wastewater Resource Development

Land Development

Total

Balance at August 31, 2024

$

$

2,173

$

2,173

Revenue recognized

(23)

(13,492)

(13,515)

Revenue deferred

23

14,674

14,697

Balance at August 31, 2025

$

$

3,355

$

3,355

Year Ended August 31, 2024

(In thousands)

Water and Wastewater Resource Development

Land Development

Total

Balance at August 31, 2023

$

69

$

1,661

$

1,730

Revenue recognized

(177)

(16,302)

(16,479)

Revenue deferred

108

16,814

16,922

Balance at August 31, 2024

$

$

2,173

$

2,173