XML 57 R44.htm IDEA: XBRL DOCUMENT v3.5.0.2
7. SHAREHOLDERS EQUITY (Details - Option activity) - $ / shares
12 Months Ended
Aug. 31, 2016
Aug. 31, 2015
Number of Options    
Awards Outstanding, ending balance 947,500  
Vested and Exercisable, end of period 279,880  
Incentive Stock Options (ISOs) [Member]    
Number of Options    
Awards Outstanding, beginning balance 621,000 798,500
Granted 412,100 37,000
Exercised (100,863) (95,384)
Canceled/Forfeited (27,487) (119,116)
Expired (10,000) 0
Awards Outstanding, ending balance 894,750 621,000
Vested and Exercisable, end of period 253,380 265,700
Vested and Expected to Vest, end of period 812,458 576,952
Weighted-Average Exercise Price Per Share    
Outstanding $ 5.01 $ 4.59
Granted 9.71 6.99
Exercised 1.45 2.49
Canceled/Forfeited 7.66 4.86
Expired 1.13
Outstanding 7.54 5.01
Vested and Exercisable, end of period 4.85 2.81
Vested and Expected to Vest, end of period $ 7.40 $ 4.87
Weighted-Average Remaining Contractual Life    
Outstanding, beginning of period 6 years 4 days 6 years 3 months 7 days
Outstanding, end of period 7 years 8 months 19 days 6 years 4 days
Vested and Exercisable 5 years 3 months 4 days 4 years 4 months 24 days
Vested and Expected to Vest 7 years 6 months 29 days 6 years 3 months 26 days
Non-Qualified Stock Options (NQSOs) [Member]    
Number of Options    
Awards Outstanding, beginning balance 49,350 56,600
Granted 15,000 13,750
Exercised (11,600) (6,503)
Canceled/Forfeited 0 (14,497)
Awards Outstanding, ending balance 52,750 49,350
Vested and Exercisable, end of period 26,500 27,200
Weighted-Average Exercise Price Per Share    
Outstanding $ 5.52 $ 4.82
Granted 8.62 6.75
Exercised 3.33 3.28
Canceled/Forfeited 4.97
Outstanding 6.88 5.52
Vested and Exercisable, end of period $ 5.95 $ 4.70