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8. CONCENTRATIONS AND UNCERTAINTIES
3 Months Ended
Nov. 30, 2014
Risks and Uncertainties [Abstract]  
CONCENTRATIONS AND UNCERTAINTIES

Revenue concentration shows that International revenues accounted for 39% and 52% of net revenues for the three months ended November 30, 2014 and 2013, respectively. Two customers accounted for 12 and 10% of net revenues during the three months ended November 30, 2014. Four customers accounted for 19%, 13%, 11% (a dealer account in Japan representing various customers), and 10% of net revenues during the three months ended November 30, 2013.

 

Accounts receivable concentration shows that four customers comprised 16%, 12% (a dealer account in Japan representing various customers), 10% and 10% of accounts receivable at November 30, 2014, and four customers comprised 18%, 18% (a dealer account in Japan representing various customers), 15%, and 7% of accounts receivable at November 30, 2013.

 

We operate in the computer software industry, which is highly competitive and changes rapidly. Our operating results could be significantly affected by our ability to develop new products and find new distribution channels for new and existing products.

 

The majority of our customers are in the pharmaceutical industry. Consolidation and downsizing in the pharmaceutical industry could have an impact on our revenues and earnings going forward.