Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Nov. 30, 2022
Nov. 30, 2021
Revenues:    
Total revenues $ 1,340 $ 4,273
Expenses:    
Depletion and depreciation 378 354
Other 106 77
Total cost of revenues 1,326 1,383
General and administrative expenses 1,388 1,325
Depreciation 115 85
Operating (loss) income (1,489) 1,480
Other income (expense):    
Interest income - related party 247 361
Interest income - Investments 228 1
Oil and gas royalty income, net 116 97
Oil and gas lease income, net 19 48
Other, net 1,218 11
Interest expense, net (50) (7)
Income from operations before income taxes 289 1,991
Income tax expense 130 477
Net income $ 159 $ 1,514
Earnings per common share - basic and diluted    
Basic (in dollars per share) $ 0.01 $ 0.06
Diluted (in dollars per share) $ 0.01 $ 0.06
Weighted average common shares outstanding:    
Weighted average common shares outstanding, Basic (in shares) 23,985,788 23,917,908
Weighted average common shares outstanding, Diluted (in shares) 24,087,893 24,219,236
Water Service Operations [Member]    
Expenses:    
Expenses $ 479 $ 289
Metered Water Usage - Municipal Customers [Member]    
Revenues:    
Total revenues 121 147
Metered Water Usage-Commercial Customers [Member]    
Revenues:    
Total revenues 392 560
Wastewater Service Operations [Member]    
Expenses:    
Expenses 138 129
Wastewater Treatment Fees [Member]    
Revenues:    
Total revenues 63 55
Land Development Construction Costs [Member]    
Expenses:    
Expenses 143 531
Water and Wastewater Tap Fees [Member]    
Revenues:    
Total revenues 150 261
Lot Sales [Member]    
Revenues:    
Total revenues 513 2,945
Project Management Fees - Recognized [Member]    
Revenues:    
Total revenues 8 248
Single Family Rentals [Member]    
Revenues:    
Total revenues 25 8
Expenses:    
Expenses 10 3
Special Facility Projects and Other [Member]    
Revenues:    
Total revenues 68 $ 49
Project Management Costs [Member]    
Expenses:    
Expenses $ 72