2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Nov. 30, 2012

Accounting Policies [Abstract]

Property and Equipment estimated useful lives

Equipment	5 years
Computer equipment	3 to 7 years
Furniture and fixtures	5 to 7 years
Leasehold improvements	Shorter of life of asset or lease

Summary of fair value measurements by level

	Level I	Level II	Level III	Total
Cash and cash equivalents	$  11,379,378	$       -	$       -	$  11,379,378
Total	$  11,379,378	$       -	$       -	$  11,379,378

Components of basic and diluted earnings per share

The components of basic and diluted earnings per share for the three months ended November 30, 2012 and 2011 were as follows:

		11/30/2012		11/30/2011
Numerator
Net income attributable to common shareholders	$	586,986	$	971,021
Denominator
Weighted-average number of common shares outstanding during the 3 months of FY13 and FY12		15,927,806		15,572,943
Dilutive effect of stock options		437,746		556,592
Common stock and common stock equivalents used for diluted earning per share		16,365,552		16,129,535