Quarterly report [Sections 13 or 15(d)]

SIGNIFICANT CUSTOMERS

v3.26.1
SIGNIFICANT CUSTOMERS
6 Months Ended
Feb. 28, 2026
SIGNIFICANT CUSTOMERS.  
SIGNIFICANT CUSTOMERS

NOTE 9 – SIGNIFICANT CUSTOMERS

The Company has significant customers. The tables below present the percentage of total revenue for the reported customers for the six months ended February 28, 2026 and 2025. For water and wastewater customers, the Company provides services on behalf of the Rangeview District, whose significant end users include Sky Ranch CAB and two oil and gas operators. The home builders at Sky Ranch account for lot purchase revenue and also for water and wastewater tap fee revenues.

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Six Months Ended

% of Total Revenue Generated From:

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February 28, 2026

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February 28, 2025

Oakwood

​

27

%

​

—

%

Melody (DR Horton)

​

16

%

​

12

%

Pulte Group

​

13

%

​

—

%

Sky Ranch CAB

​

10

%

​

9

%

Two oil & gas operators

​

8

%

​

9

%

Lennar

​

6

%

​

17

%

KB Home

​

4

%

​

19

%

Challenger

​

1

%

​

9

%

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