$NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP Stock $ntic

$ntic Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000117184324001955 Filed on April 11, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$20.69M	$20.84M
YoY Change	-1.35%	14.08%
Cost Of Revenue	$12.79M	$12.50M
YoY Change	-3.67%	5.36%
Gross Profit	$7.893M	$8.339M
YoY Change	2.65%	30.23%
Gross Profit Margin	38.16%	40.01%
Selling, General & Admin	$7.733M	$7.372M
YoY Change	12.5%	13.36%
% of Gross Profit	97.97%	88.4%
Research & Development	$1.245M	$1.242M
YoY Change	8.23%	24.92%
% of Gross Profit	15.78%	14.9%
Depreciation & Amortization	$287.0K	$290.4K
YoY Change	-32.3%	28.51%
% of Gross Profit	3.64%	3.48%
Operating Expenses	$8.978M	$8.614M
YoY Change	34.75%	14.89%
Operating Profit	$1.524M	$2.206M
YoY Change	48.54%	71.39%
Interest Expense	$59.94K	$77.76K
YoY Change	-95.08%	-32.47%
% of Operating Profit	3.93%	3.52%
Other Income/Expense, Net
YoY Change
Pretax Income	$1.488M	$2.158M
YoY Change	-33.74%	83.54%
Income Tax	$332.4K	$289.2K
% Of Pretax Income	22.34%	13.4%
Net Earnings	$976.6K	$1.701M
YoY Change	-35.99%	92.17%
Net Earnings / Revenue	4.72%	8.16%
Basic Earnings Per Share	$0.10	$0.18
Diluted Earnings Per Share	$0.10	$0.17
COMMON SHARES
Basic Shares Outstanding	9.428M	9.428M
Diluted Shares Outstanding	10.02M	9.724M

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.795M	$4.835M
YoY Change	-6.46%	-11.3%
Cash & Equivalents	$5.795M	$4.835M
Short-Term Investments
Other Short-Term Assets	$2.171M	$2.529M
YoY Change	18.53%	37.99%
Inventory	$13.24M	$12.54M
Prepaid Expenses	$2.171M	$2.529M
Receivables	$14.97M	$15.69M
Other Receivables	$1.726M	$1.737M
Total Short-Term Assets	$37.90M	$37.33M
YoY Change	-3.53%	-7.08%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.68M	$14.96M
YoY Change	11.16%	11.28%
Goodwill	$4.782M	$4.782M
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$24.22M	$23.46M
YoY Change	5.97%	9.01%
Other Assets	$570.7K	$504.9K
YoY Change
Total Long-Term Assets	$51.36M	$49.97M
YoY Change	6.95%	7.39%
TOTAL ASSETS
Total Short-Term Assets	$37.90M	$37.33M
Total Long-Term Assets	$51.36M	$49.97M
Total Assets	$89.27M	$87.31M
YoY Change	2.24%	0.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.273M	$6.488M
YoY Change	33.82%	2.86%
Accrued Expenses	$3.753M	$2.881M
YoY Change	31.67%	3.98%
Deferred Revenue
YoY Change
Short-Term Debt	$4.750M	$3.975M
YoY Change	-40.71%	-44.01%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$14.79M	$13.36M
YoY Change	-4.86%	-17.43%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$61.58K	$165.3K
YoY Change	-71.08%	-17.69%
Total Long-Term Liabilities	$1.898M	$2.001M
YoY Change	791.12%	9.71%
TOTAL LIABILITIES
Total Short-Term Liabilities	$14.79M	$13.36M
Total Long-Term Liabilities	$1.898M	$2.001M
Total Liabilities	$16.69M	$15.36M
YoY Change	-20.2%	-14.68%
SHAREHOLDERS EQUITY
Retained Earnings	$52.60M	$52.28M
YoY Change	1.81%	2.93%
Common Stock	$23.29M	$22.91M
YoY Change	7.77%	7.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$68.85M	$68.35M
YoY Change
Total Liabilities & Shareholders Equity	$89.27M	$87.31M
YoY Change	2.24%	0.69%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$976.6K	$1.701M
YoY Change	-35.99%	92.17%
Depreciation, Depletion And Amortization	$287.0K	$290.4K
YoY Change	-32.3%	28.51%
Cash From Operating Activities	$1.941M	$2.566M
YoY Change	49.19%	1168.54%
INVESTING ACTIVITIES
Capital Expenditures	$1.095M	$1.082M
YoY Change	44.99%	-27.3%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change		-100.0%
Cash From Investing Activities	-$1.095M	-$1.082M
YoY Change	44.99%	-26.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	174.7K	-2.742M
YoY Change	-9.64%	-543.19%
NET CHANGE
Cash From Operating Activities	1.941M	2.566M
Cash From Investing Activities	-1.095M	-1.082M
Cash From Financing Activities	174.7K	-2.742M
Net Change In Cash	1.020M	-1.258M
YoY Change	38.09%	93.96%
FREE CASH FLOW
Cash From Operating Activities	$1.941M	$2.566M
Capital Expenditures	$1.095M	$1.082M
Free Cash Flow	$845.7K	$1.484M
YoY Change	55.01%	-215.39%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	ntic	Fees For Services Provided To Joint Ventures FeesForServicesProvidedToJointVentures	2434551	usd
	us-gaap	Investment Income Net InvestmentIncomeNet	9619	usd
	us-gaap	Interest Expense InterestExpense	206475	usd
	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	1446276	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	292528	usd
	us-gaap	Profit Loss ProfitLoss	1153748	usd
	us-gaap	Net Income Loss NetIncomeLoss	913739	usd
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.1
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
	ntic	Income From Joint Venture Operations IncomeFromJointVentureOperations	4752686	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	1868528	usd
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9427598
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9427598
CY2023Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	21986767	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	51004427	usd
CY2023Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-6823403	usd
CY2023Q3	us-gaap	Minority Interest MinorityInterest	4342524	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	70698797	usd
CY2023Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	89344303	usd
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--08-31
CY2024Q1	dei	Amendment Flag AmendmentFlag	false
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000875582
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	pure
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	0
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9424101
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9424101
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	188482	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	66356273	usd
	us-gaap	Revenues Revenues	38223591	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	25567399	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2318135	usd
	us-gaap	Selling Expense SellingExpense	7103151	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6264788	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	2397807	usd
	us-gaap	Operating Expenses OperatingExpenses	15765746	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	1643132	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	240009	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	337486	usd
CY2023Q1	us-gaap	Dividends Dividends	655645	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	375574	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520068	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	534713	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	68234243	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	343941	usd
CY2024Q1	us-gaap	Dividends Dividends	659934	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	275076	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-345605	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	71948007	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	67244296	usd
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	416563	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	38696	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	667008	usd
	us-gaap	Dividends Dividends	1311290	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	455574	usd
	us-gaap	Profit Loss ProfitLoss	1153748	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	480796	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	68234243	usd
CY2023Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	70698796	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	40096	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	694874	usd
	us-gaap	Dividends Dividends	1319866	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1075076	usd
	us-gaap	Profit Loss ProfitLoss	2953469	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44286	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	71948007	usd
	us-gaap	Profit Loss ProfitLoss	2953469	usd
	us-gaap	Profit Loss ProfitLoss	1153748	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	694874	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	667008	usd
	us-gaap	Depreciation Depreciation	597403	usd
	us-gaap	Depreciation Depreciation	488838	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	295226	usd
	us-gaap	Adjustment For Amortization AdjustmentForAmortization	294873	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-0	usd
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	8534	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2280231	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2318135	usd
	us-gaap	Proceeds From Dividends Received ProceedsFromDividendsReceived	2391251	usd
	us-gaap	Proceeds From Dividends Received ProceedsFromDividendsReceived	3464736	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	28088	usd
	us-gaap	Increase Decrease In Deferred Income Taxes IncreaseDecreaseInDeferredIncomeTaxes	-70166	usd
	ntic	Increase Decrease In Trade Receivables Excluding Joint Ventures IncreaseDecreaseInTradeReceivablesExcludingJointVentures	-900127	usd
	ntic	Increase Decrease In Trade Receivables Excluding Joint Ventures IncreaseDecreaseInTradeReceivablesExcludingJointVentures	338014	usd
	ntic	Increase Decrease In Trade Receivables Joint Ventures IncreaseDecreaseInTradeReceivablesJointVentures	704017	usd
	ntic	Increase Decrease In Trade Receivables Joint Ventures IncreaseDecreaseInTradeReceivablesJointVentures	917073	usd
	ntic	Increase Decrease In Fees Receivable For Services Provided To Joint Ventures IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures	-68883	usd
	ntic	Increase Decrease In Fees Receivable For Services Provided To Joint Ventures IncreaseDecreaseInFeesReceivableForServicesProvidedToJointVentures	-656210	usd
	ntic	Increase Decrease In Dividends Receivable From Joint Venture IncreaseDecreaseInDividendsReceivableFromJointVenture	-1986027	usd
	ntic	Increase Decrease In Dividends Receivable From Joint Venture IncreaseDecreaseInDividendsReceivableFromJointVenture	-0	usd
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	475514	usd
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	313270	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-568467	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-996522	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	551739	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-259712	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	417650	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-1293897	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	789	usd
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	-29503	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1247746	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-488221	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5643007	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2204834	usd
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-0	usd
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-5590	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	0	usd
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	13000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1443762	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1871903	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	62165	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	70023	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1505927	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1923336	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	-2407355	usd
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	1200000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1319866	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1311290	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	416563	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	1075076	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	455574	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	40096	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	38696	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-4762201	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-111605	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	53978	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	-52672	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-571143	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	117221	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5406174	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5333890	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	4835031	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	5451111	usd
CY2024Q1	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	4610217	usd
CY2023Q3	us-gaap	Inventory Raw Materials Net Of Reserves InventoryRawMaterialsNetOfReserves	4960355	usd
CY2024Q1	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	7928642	usd
CY2023Q3	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	8136134	usd
CY2024Q1	us-gaap	Inventory Net InventoryNet	12538859	usd
CY2023Q3	us-gaap	Inventory Net InventoryNet	13096489	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	492221	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	479012	usd
CY2024Q1	ntic	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	3483589	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5926423	usd
CY2024Q1	us-gaap	Land Land	496965	usd
CY2023Q3	us-gaap	Land Land	496965	usd
CY2024Q1	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	18752517	usd
CY2023Q3	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	17250392	usd
CY2024Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	6057366	usd
CY2023Q3	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	5984364	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	25306848	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	23731721	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	10343662	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	9666367	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14963186	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14065354	usd
CY2024Q1	us-gaap	Depreciation Depreciation	290393	usd
	us-gaap	Depreciation Depreciation	597403	usd
CY2023Q1	us-gaap	Depreciation Depreciation	225962	usd
	us-gaap	Depreciation Depreciation	488838	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	9748882	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3822459	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5926423	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	9686717	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3527232	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6159485	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	147571	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	295226	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	147062	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	294873	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	409890	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	543721	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	517990	usd
CY2023Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q4	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2023-11-01
CY2023Q4	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2023-11-15
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2024Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2024-01-31
CY2024Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2024-02-14
CY2022Q4	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2022Q4	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2022-11-03
CY2022Q4	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2022-11-16
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2023Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2023-02-01
CY2023Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2023-02-15
CY2023Q3	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	3496
CY2022Q3	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	3620
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	1701169	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	411497	usd
	us-gaap	Net Income Loss NetIncomeLoss	2596690	usd
	us-gaap	Net Income Loss NetIncomeLoss	913739	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9427598
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9366357
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9427588
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9353989
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	296073
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	381104
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	287533
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	391177
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9723671
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9747461
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9715121
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9745166
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.18
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.1
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.17
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.27
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1557131
CY2023Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	11.08
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	269845
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	13.25
	ntic	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Including Cashless Exercises ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodIncludingCashlessExercises	-0
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	1826976
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	11.4
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	5.04
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	4.75
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P6Y3M21D
CY2023Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P6Y5M1D
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	694874	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	667008	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	1693930	usd
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y6M
CY2024Q1	us-gaap	Revenues Revenues	20842538	usd
CY2023Q1	us-gaap	Revenues Revenues	18270825	usd
	us-gaap	Revenues Revenues	41024213	usd
	us-gaap	Revenues Revenues	38223591	usd
CY2024Q1	ntic	Foreign Withholding Tax ForeignWithholdingTax	289195	usd
	ntic	Foreign Withholding Tax ForeignWithholdingTax	515991	usd
CY2023Q1	ntic	Foreign Withholding Tax ForeignWithholdingTax	181795	usd
	ntic	Foreign Withholding Tax ForeignWithholdingTax	292528	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	12503374	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11967757	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	25350775	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	25567399	usd
CY2024Q1	us-gaap	Revenues Revenues	20842538	usd
CY2023Q1	us-gaap	Revenues Revenues	18270825	usd
	us-gaap	Revenues Revenues	41024213	usd
	us-gaap	Revenues Revenues	38223591	usd
CY2024Q1	ntic	Total Fees For Services Provided To Joint Ventures Geographic Location TotalFeesForServicesProvidedToJointVenturesGeographicLocation	1303059	usd
CY2024Q1	ntic	Entity Wide Fees For Services Provided To Joint Ventures Geographic Percentage EntityWideFeesForServicesProvidedToJointVenturesGeographicPercentage	1	pure
CY2023Q1	ntic	Total Fees For Services Provided To Joint Ventures Geographic Location TotalFeesForServicesProvidedToJointVenturesGeographicLocation	1252746	usd
CY2023Q1	ntic	Entity Wide Fees For Services Provided To Joint Ventures Geographic Percentage EntityWideFeesForServicesProvidedToJointVenturesGeographicPercentage	1	pure
	ntic	Total Fees For Services Provided To Joint Ventures Geographic Location TotalFeesForServicesProvidedToJointVenturesGeographicLocation	2552017	usd
	ntic	Entity Wide Fees For Services Provided To Joint Ventures Geographic Percentage EntityWideFeesForServicesProvidedToJointVenturesGeographicPercentage	1	pure
	ntic	Total Fees For Services Provided To Joint Ventures Geographic Location TotalFeesForServicesProvidedToJointVenturesGeographicLocation	2434551	usd
	ntic	Entity Wide Fees For Services Provided To Joint Ventures Geographic Percentage EntityWideFeesForServicesProvidedToJointVenturesGeographicPercentage	1	pure
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14963186	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	14065354	usd
CY2024Q1	us-gaap	Revenues Revenues	20842538	usd
CY2023Q1	us-gaap	Revenues Revenues	18270825	usd
	us-gaap	Revenues Revenues	41024213	usd
	us-gaap	Revenues Revenues	38223591	usd
CY2024Q1	ntic	Entity Wide Trade Joint Venture Receivables Three Joint Ventures Percentage EntityWideTradeJointVentureReceivablesThreeJointVenturesPercentage	0.684	pure
CY2023Q1	ntic	Entity Wide Trade Joint Venture Receivables Two Joint Ventures Percentage EntityWideTradeJointVentureReceivablesTwoJointVenturesPercentage	0.681	pure
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	77758	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	115144	usd
	us-gaap	Interest Paid Net InterestPaidNet	188896	usd
	us-gaap	Interest Paid Net InterestPaidNet	206475	usd

Files In Submission

Name	View Source	Status
0001171843-24-001955-index-headers.html	Edgar Link	pending
0001171843-24-001955-index.html	Edgar Link	pending
0001171843-24-001955.txt	Edgar Link	pending
0001171843-24-001955-xbrl.zip	Edgar Link	pending
ex_648946.htm	Edgar Link	pending
ex_648947.htm	Edgar Link	pending
ex_648948.htm	Edgar Link	pending
ex_648949.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ntic-20240229.xsd	Edgar Link	pending
ntic20240229_10q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
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R40.htm	Edgar Link	pending
ntic-20240229_lab.xml	Edgar Link	unprocessable
ntic-20240229_def.xml	Edgar Link	unprocessable
ntic-20240229_pre.xml	Edgar Link	unprocessable
ntic20240229_10q_htm.xml	Edgar Link	completed
R41.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ntic-20240229_cal.xml	Edgar Link	unprocessable

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$NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP Stock $ntic

2024 Q2 Form 10-Q Financial Statement

#000117184324001955 Filed on April 11, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTIC NORTHERN TECHNOLOGIES INTERNATIONAL CORP Stock $ntic

2024 Q2 Form 10-Q Financial Statement

#000117184324001955 Filed on April 11, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NTIC
NORTHERN TECHNOLOGIES INTERNATIONAL CORP Stock $ntic