14. UNAUDTED QUARTERLY FINANCIAL DATA

12 Months Ended

Aug. 31, 2018

Quarterly Financial Information Disclosure [Abstract]

UNAUDTED QUARTERLY FINANCIAL DATA

NOTE 14. UNAUDITED QUARTERLY FINANCIAL DATA

The following table presents selected unaudited quarterly financial data for each full quarterly period of the years ended August 31, 2018 and 2017:

(in 1,000’s except for per share data)

	First		Second		Third		Fourth*
Year ended August 31, 2018	Quarter		Quarter		Quarter		Quarter
Revenues	$	7,069	$	7,357	$	8,553	$	6,688
Gross Profit	$	5,333	$	5,241	$	6,530	$	4,568
Net Income	$	1,716	$	3,475	$	2,406	$	1,338
Earnings per share, Basic	$	0.10	$	0.20	$	0.14	$	0.08
Earnings per share, Diluted	$	0.10	$	0.19	$	0.13	$	0.07

	First		Second		Third		Fourth
Year ended August 31, 2017	Quarter		Quarter		Quarter		Quarter
Revenues	$	5,418	$	5,705	$	6,749	$	6,266
Gross Profit	$	4,082	$	4,151	$	5,304	$	4,293
Net Income	$	1,362	$	1,196	$	2,080	$	1,151
Earnings per share, Basic	$	0.08	$	0.07	$	0.12	$	0.07
Earnings per share, Diluted	$	0.08	$	0.07	$	0.12	$	0.06

*On June 1, 2017 the Company acquired DILIsym Services Inc., fourth quarter revenues include their results of operations and certain expenses of acquisition.