9. EMPLOYEE BENEFIT PLAN

9 Months Ended

May 31, 2018

Retirement Benefits [Abstract]

EMPLOYEE BENEFIT PLAN

NOTE 9: EMPLOYEE BENEFIT PLAN

We maintain a 401(K) Plan for all eligible employees, and we make matching contributions equal to 100% of the employee’s elective deferral, not to exceed 4% of total employee compensation. We can also elect to make a profit-sharing contribution. Our contributions to this Plan amounted to $95,585 and $64,233 for the three months ended May 31, 2018 and 2017, respectively and $238,011 and $179,123 for the nine months ended May 31, 2018 and 2017 respectively.