BALANCE SHEETS - USD ($)	Aug. 31, 2017	Aug. 31, 2016
Current assets
Cash and cash equivalents	$ 6,215,718	$ 8,030,284
Accounts receivable, net of allowance for doubtful accounts of $0	4,048,725	3,009,517
Revenues in excess of billings	1,481,082	694,131
Prepaid income taxes	462,443	555,486
Prepaid expenses and other current assets	459,902	410,811
Total current assets	12,667,870	12,700,229
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $9,795,469 and $8,613,487	4,307,600	4,013,127
Property and equipment, net (note 4)	291,135	256,381
Intellectual property, net of accumulated amortization of $2,095,417 and $1,408,750	6,829,583	4,666,250
Other intangible assets net of accumulated amortization of $495,000 and $295,000	3,995,000	1,355,000
Goodwill	10,387,198	4,789,248
Other assets	34,082	34,082
Total assets	38,512,468	27,814,317
Current liabilities
Accounts payable	240,892	108,111
Accrued payroll and other expenses	983,293	602,610
Other current liabilities	0	8,274
Current portion - Contract payable (note 5)	247,328	1,000,000
Billings in excess of revenues	216,958	230,100
Deferred revenue	353,962	176,422
Total current liabilities	2,042,433	2,125,517
Long-term liabilities
Deferred income taxes, net	4,926,960	2,956,206
Payments due under Contracts payable (note 5)	5,738,188	0
Total liabilities	12,707,581	5,081,723
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 17,277,604 and 17,225,478 shares issued and outstanding	7,278	7,227
Additional paid-in capital	12,109,141	11,376,007
Retained earnings	13,688,468	11,349,360
Total shareholders' equity	25,804,887	22,732,594
Total liabilities and shareholders' equity	$ 38,512,468	$ 27,814,317