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STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Feb. 29, 2016
Feb. 28, 2015
Cash flows from operating activities    
Net income $ 2,251,822 $ 1,499,136
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization of property and equipment 98,992 112,441
Amortization of capitalized computer software development costs 494,537 490,051
Amortization of Intellectual property 377,500 377,500
Stock-based compensation 120,249 150,624
Deferred income taxes (162,928) 159,968
(Increase) decrease in    
Accounts receivable (2,214,374) (536,612)
Revenues in excess of billings (61,433) (92,310)
Prepaid income taxes (240,116) 422,125
Prepaid expenses and other assets 72,566 8,095
Increase (decrease) in    
Accounts payable (83,329) (69,307)
Accrued payroll and other expenses 11,508 (397,090)
Accrued bonus (60,500) (72,000)
Billings in excess of revenues 65,763 (249,637)
Accrued income taxes (43,602) 0
Other liabilities (9,929) (9,930)
Deferred revenue 35,686 14,576
Net cash provided by (used in) operating activities 652,412 1,807,630
Cash flows from investing activities    
Purchases of property and equipment (2,501) (19,159)
Cash used to purchase Cognigen 0 (2,080,000)
Cash received in acquisition 0 190,184
Capitalized computer software development costs (545,223) (730,855)
Net cash provided by (used in) investing activities (547,724) (2,639,830)
Cash flows from financing activities    
Payment of dividends (1,700,700) (1,684,660)
Proceeds from the exercise of stock options 107,730 4,973
Net cash (used in) financing activities of continuing operations (1,592,970) (1,679,687)
Net increase (decrease) in cash and cash equivalents (1,488,282) (2,511,887)
Cash and cash equivalents, beginning of year 8,551,275 8,614,929
Cash and cash equivalents, end of period 7,062,993 6,103,042
Supplemental disclosures of cash flow information    
Interest paid 0 0
Income taxes paid 1,596,000 76,519
Non-Cash Investing and Financing    
Stock issued for acquisition of Cognigen Corporation 0 3,277,170
Creation of contract liability for acquisition of Cognigen Corporation $ 0 $ 1,854,404