9. SEGMENT AND GEOGRAPHIC REPORTING

6 Months Ended

Feb. 28, 2015

Segments, Geographical Areas [Abstract]

SEGMENT AND GEOGRAPHIC REPORTING

We account for segments and geographic revenues in accordance with guidance issued by the FASB. Our reportable segments are strategic business units that offer different products and services.

Results for each segment and consolidated results are as follows for the three and six months ended February 28, 2015 (in thousands):

Three months ended February 28, 2015
	Simulations Plus, Inc		Cognigen Corporation*		Eliminations			Total
Net Revenues	$	3,302	$	1,271				$	4,574
Income (loss) from operations	$	1,288	$	187				$	1,475
Total assets	$	25,974	$	8,327	$	(7,238	)	$	27,063
Capital expenditures	$	0	$	0				$	0
Capitalized software costs	$	393	$	39				$	432
Depreciation and Amortization	$	431	$	91				$	458

Six months ended February 28, 2015
	Simulations Plus, Inc		Cognigen Corporation*		Eliminations				Total
Net Revenues	$	6,254	$	2,406				$	8,660
Income (loss) from operations		1,975		249				$	2,224
Total assets	$	25,974	$	8,327	$	(7,238	)	$	27,063
Capital expenditures	$	17	$	3				$	20
Capitalized software costs	$	667	$	64				$	730
Depreciation and Amortization	$	798	$	182				$	980

*Cognigen Corporation was acquired on September 2, 2014.

In addition, the Company allocates revenues to geographic areas based on the locations of its customers. Geographical revenues for the three months and six months ended February 28, 2015 and 2014 were as follows (in thousands):

Three months ended February 28, 2015

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	1,459	$	1,265	$	578	$	1	$	3,303
Cognigen Corporation *	$	1,271	$	0	$	0	$	0	$	1,271
Total	$	2,730	$	1,265	$	578	$	1	$	4,574

Six months ended February 28, 2015

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	2,805	$	1,905	$	1,543	$	1	$	6,254
Cognigen Corporation *	$	2,406		–		–		–	$	2,406
Total	$	5,211	$	1,905	$	1,543	$	1	$	8,660

*Cognigen Corporation was acquired on September 2, 2014

Three and six months ended February 28, 2014**

	North America		Europe		Asia		South America		Total
Three Months	$	968	$	1,432	$	673	$	8	$	3,081
Six Months	$	2,228	$	1,968	$	1,515	$	11	$	5,722

** Does not include Cognigen Corporation acquired on September 2, 2014