Annual report pursuant to Section 13 and 15(d)

UNAUDITED QUARTERLY FINANCIAL DATA (Details)

v3.19.3
UNAUDITED QUARTERLY FINANCIAL DATA (Details) - USD ($)
3 Months Ended 12 Months Ended
Aug. 31, 2019
May 31, 2019
Feb. 28, 2019
Nov. 30, 2018
Aug. 31, 2018
May 31, 2018
Feb. 28, 2018
Nov. 30, 2017
Aug. 31, 2019
Aug. 31, 2018
Quarterly Results of Operations [Abstract]                    
Total revenues $ 9,474,000 $ 5,185,000 $ 2,630,000 $ 3,073,000 $ 3,892,000 $ 1,212,000 $ 845,000 $ 1,010,000 $ 20,361,509 [1] $ 6,959,199 [1]
Gross profit 2,876,000 1,922,000 374,000 1,246,000 904,000 683,000 631,000 580,000 6,417,810 2,797,598
Operating income (loss) 1,597,000 1,159,000 (276,000) 519,000 (7,000) (88,000) (14,000) (200,000) 2,998,661 (308,727)
Net income (loss) $ 3,012,000 $ 1,261,000 $ (96,000) $ 634,000 $ 357,000 $ 55,000 $ 100,000 $ (97,000) $ 4,811,148 $ 414,680
Basic and diluted income (loss) per share (in dollars per share) $ 0.13 $ 0.05 [2] $ 0.03 $ 0.01 [2] [2] [2] $ 0.20 $ 0.02
Oil and Gas [Member]                    
Quarterly Results of Operations [Abstract]                    
Total revenues $ 1,520,600 $ 1,308,500 $ 124,200 $ 1,285,000 $ 1,422,600 $ 1,022,300 $ 753,000 $ 846,400 $ 4,238,300 $ 4,044,300
[1] The Company had other income from non-segment sources (oil and gas, interest and other) of $529,293 and $441,407 for the fiscal years ended August 31, 2019 and 2018, respectively.
[2] Amount is less than $.01 per share