SEGMENT REPORTING (Tables)

9 Months Ended

May 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the results for each segment for the three months ended May 31, 2023, and 2022:

(in thousands)	Three Months Ended May 31, 2023
	Software			Services			Total
Revenues	$	10,632		$	5,602		$	16,234
Cost of revenues	908			2,053			2,961
Gross profit	$	9,724		$	3,549		$	13,273
Gross margin	91		%	63		%	82		%

Our software business and services business represented 65% and 35% of total revenue, respectively, for the three months ended May 31, 2023.

(in thousands)	Three Months Ended May 31, 2022
	Software			Services			Total
Revenues	$	9,647		$	5,312		$	14,959
Cost of revenues	730			1,829			2,559
Gross profit	$	8,917		$	3,483		$	12,400
Gross margin	92		%	66		%	83		%

Our software business and services business represented 64% and 36% of total revenue, respectively, for the three months ended May 31, 2022.

The following tables summarize the results for each segment for the nine months ended May 31, 2023, and 2022:

(in thousands)	Nine Months Ended May 31, 2023
	Software			Services			Total
Revenues	$	27,193		$	16,755		$	43,948
Cost of revenues	2,636			5,616			8,252
Gross profit	$	24,557		$	11,139		$	35,696
Gross margin	90		%	66		%	81		%

Our software business and services business represented 62% and 38% of total revenue, respectively, for the nine months ended May 31, 2023.

(in thousands)	Nine Months Ended May 31, 2022
	Software			Services			Total
Revenues	$	26,767		$	15,405		$	42,172
Cost of revenues	2,245			5,900			8,145
Gross profit	$	24,522		$	9,505		$	34,027
Gross margin	92		%	62		%	81		%

Our software business and services business represented 63% and 37% of total revenue, respectively, for the nine months ended May 31, 2022.