10. SEGMENT AND GEOGRAPHIC REPORTING

12 Months Ended

Aug. 31, 2018

Segments, Geographical Areas [Abstract]

SEGMENT AND GEOGRAPHIC REPORTING

NOTE 10 – SEGMENT AND Geographic Reporting

We account for segments and geographic revenues in accordance with guidance issued by the FASB. Our reportable segments are strategic business units that offer different products and services.

Results for each segment and consolidated results are as follows years ended August 31, 2018, 2017 and 2016 (in thousands, because of rounding, numbers may not foot):

Year ended August 31, 2018
	Simulations Plus, Inc.		Cognigen Corporation		DILIsym		Eliminations			Total
Net Revenues	$	17,553	$	7,857	$	4,257		0		$	29,667
Income from operations before income taxes	$	7,533	$	1,902	$	863		0		$	10,298
Total assets	$	38,000	$	8,733	$	14,248	$	(17,702	)	$	43,279
Goodwill	$	0	$	4,789	$	5,598				$	10,387
Capital expenditures	$	65	$	100	$	18				$	183
Capitalized software costs	$	1,365	$	625	$	155				$	2,145
Depreciation and Amortization	$	1,748	$	401	$	572				$	2,721

Year ended August 31, 2017
	Simulations Plus, Inc.		Cognigen Corporation		DILIsym		Eliminations			Total
Net Revenues	$	15,600	$	7,300	$	1,238		0		$	24,138
Income from operations before income taxes	$	6,194	$	1,750	$	320		0		$	8,264
Total assets	$	33,056	$	9,363	$	13,794	$	(17,702	)	$	38,512
Goodwill	$	0	$	4,789	$	5,598				$	10,387
Capital expenditures	$	48	$	96	$	1,384				$	1,528
Capitalized software costs	$	1,133	$	219	$	24				$	1,376
Depreciation and Amortization	$	1618	$	374	$	135				$	2,127

Year ended August 31, 2016
	Simulations Plus, Inc.		Cognigen Corporation		Eliminations			Total
Net Revenues	$	14,417		5,554				$	19,972
Income from operations before income taxes	$	6,330	$	901				$	7,231
Total assets	$	26,306	$	8,975	$	(7,238	)	$	28,043
Goodwill	$	0	$	4,789				$	4,789
Capital expenditures	$	6	$	32				$	38
Capitalized software costs	$	1,017	$	178				$	1,195
Depreciation and Amortization	$	1,556	$	375				$	1,931

In addition, the Company allocates revenues to geographic areas based on the locations of its customers. Geographical revenues for the years ended August 31, 2018, 2017 and 2016 were as follows (in thousands, because of rounding, numbers may not foot):

Year ended August 31, 2018

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	7,826	$	4,964	$	4,733	$	30	$	17,553
Cognigen Corporation		7,857		–		–		–		7,857
DILIsym Services, Inc*		3,163		312		782				4,257
Total	$	18,846	$	5,276	$	5,515	$	30	$	29,667

Year ended August 31, 2017

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	7,846	$	3,826	$	3,926	$	1	$	15,600
Cognigen Corporation		7,300		–		–		–		7,300
DILIsym Services, Inc*		851		151		236				1,238
Total	$	15,997	$	3,977	$	4,162	$	1	$	24,138

*DILIsym was acquired on June 1, 2017.

Year ended August 31, 2016

	North America		Europe		Asia		South America		Total
Simulations Plus, Inc.	$	6,830	$	4,022	$	3,564	$	2	$	14,418
Cognigen Corporation		5,554		–		–		–		5,554
Total	$	12,384	$	4,022	$	3,564	$	2	$	19,972