3. PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

Property and equipment at August 31, 2015 and 2014 consisted of the following:

	2015		2014
Equipment	$	460,626	$	125,541
Computer equipment		123,235		51,466
Furniture and fixtures		190,456		147,541
Leasehold improvements		103,599		23,645
		877,916		348,193
Less accumulated depreciation and amortization		464,406		252,951
Total	$	413,510	$	95,242

Depreciation expense was $211,454 and $47,231 for the years ended August 31, 2015 and 2014, respectively.