Condensed Consolidated Balance Sheets (unaudited) - USD ($)	May 31, 2017	Aug. 31, 2016
Current assets
Cash and cash equivalents	$ 8,248,197	$ 8,030,284
Accounts receivable, net of allowance for doubtful accounts of $0	5,010,589	3,009,517
Revenues in excess of billings	1,130,154	694,131
Prepaid income taxes	241,540	555,486
Prepaid expenses and other current assets	304,408	410,811
Total current assets	14,934,888	12,700,229
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $9,477,930 and $8,613,487	4,077,144	4,013,127
Property and equipment, net (note 3)	257,552	256,381
Intellectual property, net of accumulated amortization of $1,864,375 and $1,408,750	4,210,625	4,666,250
Other intangible assets net of accumulated amortization of $405,625 and $295,000	1,244,375	1,355,000
Goodwill	4,789,248	4,789,248
Other assets	34,082	34,082
Total assets	29,547,914	27,814,317
Current liabilities
Accounts payable	211,645	108,111
Accrued payroll and other expenses	647,203	481,610
Accrued bonuses to officers	45,750	121,000
Other current liabilities	0	8,274
Current portion - Contracts payable (note 4)	0	1,000,000
Billings in excess of revenues	313,399	230,100
Deferred revenue	48,964	176,422
Total current liabilities	1,266,961	2,125,517
Long-term liabilities
Deferred income taxes	3,055,465	2,956,206
Total liabilities	4,322,426	5,081,723
Commitments and contingencies (note 5)
Shareholders' equity (note 6)
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 17,242,510 and 17,225,478 shares issued and outstanding	7,244	7,227
Additional paid-in capital	11,816,573	11,376,007
Retained earnings	13,401,671	11,349,360
Total shareholders' equity	25,225,488	22,732,594
Total liabilities and shareholders' equity	$ 29,547,914	$ 27,814,317