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CONDENSED BALANCE SHEETS (USD $)
May 31, 2013
Aug. 31, 2012
Current assets    
Cash and cash equivalents $ 10,005,490 $ 12,701,075
Income tax refund receivable 0 153,896
Accounts receivable, net of allowance for doubtful accounts of $0 2,941,428 1,451,864
Contracts receivable 141,167 18,893
Prepaid expenses and other current assets 137,572 150,856
Deferred income taxes 216,331 193,712
Total current assets 13,441,988 14,670,296
Long-term assets    
Capitalized computer software development costs, net of accumulated amortization of $5,616,797 and $5,084,691 2,781,327 2,479,468
Property and equipment, net (note 3) 95,258 107,410
Intellectual property, net of accumulated amortization of $9,375 and $3,750 65,625 71,250
Other assets 18,445 18,445
Total assets 16,402,643 17,346,869
Current liabilities    
Accounts payable 221,715 177,509
Accrued payroll and other expenses 337,885 312,912
Accrued bonuses to officer 45,000 60,000
Accrued income taxes 258,692 733,233
Deferred revenue 167,106 131,782
Total current liabilities 1,030,398 1,415,436
Long-term liabilities    
Deferred income taxes 910,878 788,857
Total liabilities 1,941,276 2,204,293
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 0 0
Common stock, $0.001 par value 50,000,000 shares authorized 16,030,894 and 15,923,019 shares issued and outstanding 4,502 4,399
Additional paid-in capital 4,825,548 4,628,366
Retained earnings 9,631,317 10,509,811
Total shareholders' equity 14,461,367 15,142,576
Total liabilities and shareholders' equity $ 16,402,643 $ 17,346,869