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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock
Additional Paid-In Capital
Retained Earnings
Total
Beginning balance, shares at Aug. 31, 2015 16,943,001      
Beginning balance, value at Aug. 31, 2015 $ 5,414 $ 9,714,290 $ 9,812,498 $ 19,532,202
Exercise of stock options, shares 112,463  
Exercise of stock options, amount $ 113 $ 181,936 182,049
Stock-based compensation 347,077 347,077
Issuance of stock - Cognigen acquisition, shares 170,014      
Issuance of stock - Cognigen acquisition, value $ 1,700 1,132,704 1,134,404
Declaration of dividends (3,413,274) (3,413,274)
Net income 4,950,136 4,950,136
Ending balance, shares at Aug. 31, 2016 17,225,478      
Ending balance, value at Aug. 31, 2016 $ 7,227 $ 11,376,007 $ 11,349,360 22,732,594
Exercise of stock options, shares 49,642  
Exercise of stock options, amount $ 49 $ 111,355 111,404
Stock-based compensation   585,018 585,018
Shares issued to Directors for services, shares 2,484    
Shares issued to Directors for services, value $ 2 36,761   36,763
Declaration of dividends $ (3,448,489) (3,448,489)
Net income 5,787,597 5,787,597
Ending balance, shares at Aug. 31, 2017 17,277,604      
Ending balance, value at Aug. 31, 2017 $ 7,278 $ 12,109,141 $ 13,688,468 25,804,887
Exercise of stock options, shares 130,006  
Exercise of stock options, amount $ 131 $ 635,452   635,583
Stock-based compensation   $ 562,078   562,078
Shares issued to Directors for services, shares 8,835  
Shares issued to Directors for services, value $ 8 $ 146,997   147,005
Declaration of dividends $ (4,161,740) (4,161,740)
Net income 8,934,812 8,934,812
Ending balance, shares at Aug. 31, 2018 17,416,445      
Ending balance, value at Aug. 31, 2018 $ 7,417 $ 13,453,668 $ 18,461,540 $ 31,922,625