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PROPERTY AND EQUIPMENT
12 Months Ended
Aug. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment consisted of the following:
August 31,
(in thousands)20222021
Equipment$346 $293 
Computer equipment860 606 
Furniture and fixtures61 36 
Leasehold improvements13 13 
Construction in progress— 1,302 
Subtotal1,280 2,250 
Less accumulated depreciation(648)(412)
Total$632 $1,838 
Depreciation expense was $0.3 million, $0.2 million, and $0.2 million for the years ended August 31, 2022, 2021, and 2020, respectively.