CONSOLIDATED BALANCE SHEETS - USD ($)	Aug. 31, 2019	Aug. 31, 2018
Current assets
Cash and cash equivalents	$ 11,435,499	$ 9,400,701
Accounts receivable, net of allowance for doubtful accounts of $0	5,026,558	5,514,528
Revenues in excess of billings	3,233,659	1,985,596
Prepaid income taxes	765,110	312,593
Prepaid expenses and other current assets	704,316	610,439
Total current assets	21,165,142	17,823,857
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $12,356,055 and $11,095,903	4,959,736	5,152,594
Property and equipment, net (note 4)	341,145	335,224
Intellectual property, net of accumulated amortization of $3,948,750 and $3,019,584	5,026,249	5,905,416
Other intangible assets net of accumulated amortization of $1,210,000 and $852,500	3,280,000	3,637,500
Goodwill	10,387,198	10,387,198
Other assets	37,227	37,227
Total assets	45,196,697	43,279,016
Current liabilities
Accounts payable	204,075	351,605
Accrued payroll and other expenses	1,639,038	1,152,176
Current portion - Contracts payable (note 5)	1,761,028	2,556,644
Billings in excess of revenues	798,549	384,603
Deferred revenue	380,787	381,928
Total current liabilities	4,783,477	4,826,956
Long-term liabilities
Deferred income taxes, net	2,731,616	3,195,139
Payments due under Contracts payable (note 5)	0	3,334,296
Total liabilities	7,515,093	11,356,391
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 17,591,834 and 17,416,445 shares issued and outstanding	7,595	7,417
Additional paid-in capital	15,319,474	13,453,668
Retained earnings	22,354,535	18,461,540
Total shareholders' equity	37,681,604	31,922,625
Total liabilities and shareholders' equity	$ 45,196,697	$ 43,279,016