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SEGMENT REPORTING (Tables)
12 Months Ended
Aug. 31, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize the results for each segment as follows for the years ended August 31, 2022, 2021 and 2020:
(in thousands)Year ended August 31, 2022
SoftwareServicesTotal
Revenues$32,642 $21,264 $53,906 
Cost of revenues3,060 7,762 10,822 
Gross profit$29,582 $13,502 $43,084 
Gross margin91 %63 %80 %
Our software business and services business represented 61% and 39% of total revenue, respectively, for the year ended August 31, 2022.
(in thousands)Year ended August 31, 2021
SoftwareServicesTotal
Revenues$27,670 $18,796 $46,466 
Cost of revenues3,235 7,365 10,600 
Gross profit$24,435 $11,431 $35,866 
Gross margin88 %61 %77 %
Our software business and services business represented 60% and 40% of total revenue, respectively, for the year ended August 31, 2021.
(in thousands)Year ended August 31, 2020
SoftwareServicesTotal
Revenues$21,587 $20,002 $41,589 
Cost of revenues2,883 7,766 10,649 
Gross profit$18,704 $12,236 $30,940 
Gross margin87 %61 %74 %
Our software business and services business represented 52% and 48% of total revenue, respectively, for the year ended August 31, 2020.