BALANCE SHEETS - USD ($)	Aug. 31, 2016	Aug. 31, 2015
Current assets
Cash and cash equivalents	$ 8,030,284	$ 8,551,275
Accounts receivable, net of allowance for doubtful accounts of $0	3,009,517	1,593,707
Revenues in excess of billings	694,131	795,125
Prepaid income taxes	555,486	0
Prepaid expenses and other current assets	410,811	381,718
Deferred income taxes	228,713	210,972
Total current assets	12,928,942	11,532,797
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $8,613,487 and $7,632,421	4,013,127	3,798,339
Property and equipment, net (note 4)	256,381	413,510
Intellectual property, net of accumulated amortization of $1,408,750 and $801,250	4,666,250	5,273,750
Other intangible assets net of accumulated amortization of $295,000 and $147,500	1,355,000	1,502,500
Goodwill	4,789,248	4,789,248
Other assets	34,082	34,082
Total assets	28,043,030	27,344,226
Current liabilities
Accounts payable	108,111	209,407
Accrued payroll and other expenses	481,610	429,580
Accrued bonuses to officer	121,000	121,000
Income taxes payable	0	43,602
Other current liabilities	8,274	19,859
Current portion - Contract payable (note 5)	1,000,000	2,604,404
Billings in excess of revenues	230,100	106,534
Deferred revenue	176,422	78,945
Total current liabilities	2,125,517	3,613,331
Long-term liabilities
Deferred income taxes	3,184,919	3,190,419
Payments due under Contracts payable (note 5)	0	1,000,000
Other long-term liabilities	0	8,274
Total liabilities	5,310,436	7,812,024
Shareholders' equity (note 7)
Preferred stock, $0.001 par value 10,000,000 shares authorized no shares issued and outstanding	0	0
Common stock, $0.001 par value 50,000,000 shares authorized 17,225,478 and 16,943,001 shares issued and outstanding	7,227	5,414
Additional paid-in capital	11,376,007	9,714,290
Retained earnings	11,349,360	9,812,498
Total shareholders' equity	22,732,594	19,532,202
Total liabilities and shareholders' equity	$ 28,043,030	$ 27,344,226