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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
May. 31, 2015
May. 31, 2014
May. 31, 2015
May. 31, 2014
Income Statement [Abstract]        
Net Revenues $ 5,942,082 $ 3,740,567 $ 14,602,464 $ 9,463,059
Cost of revenues 1,115,402 227,600 3,238,796 1,168,219
Gross margin 4,826,680 3,512,967 11,363,668 8,294,840
Operating expenses        
Selling, general, and administrative 1,624,610 1,204,312 5,303,792 3,378,950
Research and development 348,285 234,685 981,633 750,808
Total operating expenses 1,972,895 1,438,997 6,285,425 4,129,758
Income from operations 2,853,785 2,073,970 5,078,243 4,165,082
Other income (expense)        
Interest income 4,391 8,017 13,394 25,000
Gain (loss) on currency exchange (35,632) 7,340 (78,107) 35,477
Total other income (expense) (31,241) 15,357 (64,713) 60,477
Income from operations before provision for income taxes 2,822,544 2,089,327 5,013,530 4,225,559
Provision for income taxes (970,122) (781,778) (1,661,972) (1,422,991)
Net Income $ 1,852,422 $ 1,307,549 $ 3,351,558 $ 2,802,568
Earnings per share        
Basic $ 0.11 $ 0.08 $ 0.20 $ 0.17
Diluted $ 0.11 $ 0.08 $ 0.20 $ 0.17
Weighted-average common shares outstanding        
Basic 16,862,128 16,193,976 16,847,191 16,117,198
Diluted 17,073,155 16,455,078 17,070,334 16,361,695