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CONDENSED BALANCE SHEETS (USD $)
May 31, 2012
Aug. 31, 2011
Current assets    
Cash and cash equivalents $ 12,889,180 $ 10,181,049
Income tax refund receivable 259,434 259,434
Accounts receivable, net of allowance for doubtful accounts of $0 2,210,710 1,170,861
Contracts receivable 86,962 185,816
Prepaid expenses and other current assets 113,484 123,954
Deferred income taxes 217,596 302,076
Current assets of discontinued operations   1,051,637
Total current assets 15,777,366 13,274,827
Long-term assets    
Capitalized computer software development costs, net of accumulated amortization of $4,890,750 and $4,416,669 2,434,180 2,188,982
Property and equipment, net (note 3) 109,097 43,010
Intellectual property, net of accumulated amortization of $1,875 73,125  
Customer relationships, net of accumulated amortization of $128,042 and $126,172   1,870
Other assets 18,445 18,445
Non-current assets of discontinued operations   340,204
Total assets 18,412,213 15,867,338
Current liabilities    
Accounts payable 301,432 176,136
Accrued payroll and other expenses 309,314 276,327
Accrued bonuses to officer 60,000  
Accrued income taxes 1,131,918 168,897
Deferred revenue 132,610 141,191
Current liabilities of discontinued operations   378,567
Total current liabilities 1,935,274 1,141,118
Long-term liabilities    
Deferred income taxes 873,255 656,047
Non-current liabilities of discontinued operations   33,558
Total liabilities 2,808,529 1,830,723
Commitments and contingencies (note 4)      
Shareholders' equity (note 5)    
Preferred stock, $0.001 par value 10,000,000 shares authorized no shares issued and outstanding      
Common stock, $0.001 par value 50,000,000 shares authorized 15,923,019 and 15,572,943 shares issued and outstanding 4,394 4,044
Additional paid-in capital 4,642,281 4,167,650
Retained earnings 10,957,009 9,864,921
Total shareholders' equity 15,603,684 14,036,615
Total liabilities and shareholders' equity $ 18,412,213 $ 15,867,338