2. SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

May 31, 2014

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

Assets and liabilities recorded at fair value

	Level I		Level II		Level III		Total
Cash and cash equivalents	$	7,757,972	$	–	$	–	$	7,757,972
Total	$	7,757,972	$	–	$	–	$	7,757,972

Components of basic and diluted earnings per share

	Three months ended				Nine months ended
	05/31/2014		05/31/2013		05/31/2014		05/31/2013
Numerator:
Net income attributable to common shareholders	$	1,307,549	$	993,230	$	2,802,568	$	2,641,791
Denominator:
Weighted-average number of common shares outstanding during the period		16,193,976		16,024,467		16,117,198		15,984,819
Dilutive effect of stock options		261,102		311,141		244,497		322,799
Common stock and common stock equivalents used for diluted earnings per share		16,455,078		16,335,608		16,361,695		16,307,618