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SEGMENT AND GEOGRAPHIC REPORTING (Tables)
 9 Months Ended
May 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Results for each business unit segment and consolidated results for the three and nine months ended May 31, 2022 and 2021 were as follows:
(in thousands)Three Months Ended May 31, 2022
SoftwareServicesTotal
Revenue$9,647 $5,312 $14,959 
Cost of revenue730 1,829 2,559 
Gross profit$8,917 $3,483 $12,400 
Gross margin92 %66 %83 %
Our software business and services business represented 64% and 36% of total revenue, respectively, for the three months ended May 31, 2022.
(in thousands)Three Months Ended May 31, 2021
SoftwareServicesTotal
Revenue$8,298 $4,479 $12,777 
Cost of revenue800 1,671 2,471 
Gross profit$7,498 $2,808 $10,306 
Gross margin90 %63 %81 %
Our software business and services business represented 65% and 35% of total revenue, respectively, for the three months ended May 31, 2021.
(in thousands)Nine Months Ended May 31, 2022
SoftwareServicesTotal
Revenue$26,767 $15,405 $42,172 
Cost of revenue2,245 5,900 8,145 
Gross profit$24,522 $9,505 $34,027 
Gross margin92 %62 %81 %
Our software business and services business represented 63% and 37% of total revenue, respectively, for the nine months ended May 31, 2022.
(in thousands)Nine Months Ended May 31, 2021
SoftwareServicesTotal
Revenue$22,337 $14,288 $36,625 
Cost of revenue2,448 5,367 7,815 
Gross profit$19,889 $8,921 $28,810 
Gross margin89 %62 %79 %
Our software business and services business represented 61% and 39% of total revenue, respectively, for the nine months ended May 31, 2021.
Schedule of Revenue by Product
Revenue by product and consolidated revenue for the three and nine months ended May 31, 2022 and 2021 were as follows:
(in thousands)Three Months Ended May 31,
20222021
Software revenue
GastroPlus$6,434 67 %$5,426 65 %
MonolixSuite1,025 11 %948 11 %
ADMET Predictor1,593 17 %1,488 18 %
Other595 6 %436 5 %
Total software revenue$9,647 100 %$8,298 100 %
Services revenue
PKPD$2,482 47 %$1,925 43 %
QSP/QST1,197 23 %1,180 26 %
PBPK1,351 25 %739 17 %
Other282 5 %635 14 %
Total services revenue$5,312 100 %$4,479 100 %
Total consolidated revenue$14,959 $12,777 
(in thousands)Nine Months Ended May 31,
20222021
Software revenue
GastroPlus$15,869 59 %$13,245 59 %
MonolixSuite4,817 18 %3,664 16 %
ADMET Predictor4,419 17 %3,872 17 %
Other1,662 6 %1,556 7 %
Total software revenue$26,767 100 %$22,337 100 %
Services revenue
PKPD$7,030 46 %$6,755 47 %
QSP/QST4,190 27 %4,047 28 %
PBPK3,158 20 %2,312 16 %
Other1,027 7 %1,174 8 %
Total services revenue$15,405 100 %$14,288 100 %
Total consolidated revenue$42,172 $36,625 
Schedule of Revenue by Division
Revenue by division and consolidated revenue for the three and nine months ended May 31, 2022 and 2021 were as follows:
(in thousands)Three Months Ended May 31,
20222021
Simulations Plus$9,412 63 %$7,916 62 %
Cognigen2,745 18 %2,536 20 %
DILIsym1,723 12 %1,331 10 %
Lixoft1,079 7 %994 8 %
Total$14,959 100 %$12,777 100 %
(in thousands)Nine Months Ended May 31,
20222021
Simulations Plus$23,916 57 %$19,994 55 %
Cognigen7,685 18 %7,987 22 %
DILIsym5,542 13 %4,817 13 %
Lixoft5,029 12 %3,827 10 %
Total$42,172 100 %$36,625 100 %
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area
In addition, we allocate revenue to geographic areas based on the locations of our customers. Revenue for each geographical area and consolidated revenue for the three and nine months ended May 31, 2022 and 2021 were as follows:
(in thousands)Three Months Ended May 31,
20222021
Americas$11,163 75 %$9,651 76 %
EMEA1,925 13 %1,462 11 %
Asia Pacific1,871 13 %1,664 13 %
Total$14,959 100 %$12,777 100 %
(in thousands)Nine Months Ended May 31,
20222021
Americas$29,318 70 %$25,436 69 %
EMEA8,656 21 %7,022 19 %
Asia Pacific4,198 10 %4,167 11 %
Total$42,172 100 %$36,625 100 %