Condensed Consolidated Balance Sheets (unaudited) - USD ($)	May 31, 2019	Aug. 31, 2018
Current assets
Cash and cash equivalents	$ 10,308,125	$ 9,400,701
Accounts receivable, net of allowance for doubtful accounts of $0	7,735,323	5,514,528
Revenues in excess of billings	2,680,788	1,985,596
Prepaid income taxes	0	312,593
Prepaid expenses and other current assets	533,772	610,439
Total current assets	21,258,008	17,823,857
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $12,030,641 and $11,095,903	4,879,484	5,152,594
Property and equipment, net (note 4)	311,841	335,224
Intellectual property, net of accumulated amortization of $3,716,460 and $3,019,584	5,258,541	5,905,416
Other intangible assets net of accumulated amortization of $1,120,625 and $852,500	3,369,375	3,637,500
Goodwill	10,387,198	10,387,198
Other assets	37,227	37,227
Total assets	45,501,674	43,279,016
Current liabilities
Accounts payable	209,085	351,605
Accrued payroll and other expenses	1,409,202	1,152,176
Income taxes payable	434,886	0
Current portion - Contracts payable (note 5)	1,700,000	2,556,644
Billings in excess of revenues	498,972	384,603
Deferred revenue	822,159	381,928
Total current liabilities	5,074,304	4,826,956
Long-term liabilities
Deferred income taxes, net	2,715,632	3,195,139
Payments due under Contracts payable (note 5)	1,743,357	3,334,296
Total liabilities	9,533,293	11,356,391
Commitments and contingencies (note 6)
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 17,527,983 and 17,416,445 shares issued and outstanding	7,531	7,417
Additional paid-in capital	14,813,016	13,453,668
Retained earnings	21,147,834	18,461,540
Total shareholders' equity	35,968,381	31,922,625
Total liabilities and shareholders' equity	$ 45,501,674	$ 43,279,016