XML 15 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Other Comprehensive Income / Loss
Retained Earnings
Total
Beginning balance, shares at Aug. 31, 2018 17,416,445        
Beginning balance, value at Aug. 31, 2018 $ 7,417 $ 13,453,668 $ 0 $ 18,461,540 $ 31,922,625
Exercise of stock options, shares 41,103        
Exercise of stock options, amount $ 42 357,410     357,452
Stock-based compensation   200,029     200,029
Shares issued to Directors for services, shares 2,222        
Shares issued to Directors for services, value $ 2 44,904     44,906
Adjustment for adoption of ASC 606       (493,279) (493,279)
Declaration of dividends       (1,045,073) (1,045,073)
Net income       1,535,947 1,535,947
Ending balance, shares at Nov. 30, 2018 17,459,770        
Ending balance, value at Nov. 30, 2018 $ 7,461 14,056,011 0 18,459,135 32,522,607
Beginning balance, shares at Aug. 31, 2018 17,416,445        
Beginning balance, value at Aug. 31, 2018 $ 7,417 13,453,668 0 18,461,540 31,922,625
Foreign currency translation adjustments         0
Net income         6,524,102
Ending balance, shares at May. 31, 2019 17,527,983        
Ending balance, value at May. 31, 2019 $ 7,531 14,813,016 0 21,347,489 36,168,036
Beginning balance, shares at Nov. 30, 2018 17,459,770        
Beginning balance, value at Nov. 30, 2018 $ 7,461 14,056,011 0 18,459,135 32,522,607
Exercise of stock options, shares 37,680        
Exercise of stock options, amount $ 38 121,912     121,950
Stock-based compensation   208,715     208,715
Shares issued to Directors for services, shares 2,508        
Shares issued to Directors for services, value $ 4 48,954     48,958
Declaration of dividends       (1,048,887) (1,048,887)
Net income       2,099,449 2,099,449
Ending balance, shares at Feb. 28, 2019 17,499,958        
Ending balance, value at Feb. 28, 2019 $ 7,503 14,435,592 0 19,509,697 33,952,792
Exercise of stock options, shares 25,849        
Exercise of stock options, amount $ 26 103,747     103,773
Stock-based compensation   224,654     224,654
Shares issued to Directors for services, shares 2,176        
Shares issued to Directors for services, value $ 2 49,023     49,025
Declaration of dividends       (1,050,914) (1,050,914)
Foreign currency translation adjustments         0
Net income       2,888,706 2,888,706
Ending balance, shares at May. 31, 2019 17,527,983        
Ending balance, value at May. 31, 2019 $ 7,531 14,813,016 0 21,347,489 36,168,036
Exercise of stock options, shares 62,071        
Exercise of stock options, amount $ 62 204,910     204,972
Stock-based compensation   232,450     232,450
Shares issued to Directors for services, shares 1,780        
Shares issued to Directors for services, value $ 2 69,098     69,100
Declaration of dividends       (1,052,181) (1,052,181)
Net income       2,059,227 2,059,227
Ending balance, shares at Aug. 31, 2019 17,591,834        
Ending balance, value at Aug. 31, 2019 $ 7,595 15,319,474 0 22,354,535 37,681,604
Exercise of stock options, shares 29,445        
Exercise of stock options, amount $ 29 135,529     135,558
Stock-based compensation   294,704     294,704
Shares issued to Directors for services, shares 2,045        
Shares issued to Directors for services, value $ 2 72,411     72,413
Declaration of dividends       (1,056,379) (1,056,379)
Net income       2,058,277 2,058,277
Ending balance, shares at Nov. 30, 2019 17,623,324        
Ending balance, value at Nov. 30, 2019 $ 7,626 15,822,118 0 23,356,433 39,186,177
Beginning balance, shares at Aug. 31, 2019 17,591,834        
Beginning balance, value at Aug. 31, 2019 $ 7,595 15,319,474 0 22,354,535 37,681,604
Foreign currency translation adjustments         30,460
Net income         7,143,925
Ending balance, shares at May. 31, 2020 17,788,498        
Ending balance, value at May. 31, 2020 $ 7,791 20,231,443 30,460 26,317,194 46,586,888
Beginning balance, shares at Nov. 30, 2019 17,623,324        
Beginning balance, value at Nov. 30, 2019 $ 7,626 15,822,118 0 23,356,433 39,186,177
Exercise of stock options, shares 22,915        
Exercise of stock options, amount $ 23 167,168     167,191
Stock-based compensation   344,928     344,928
Shares issued to Directors for services, shares 2,225        
Shares issued to Directors for services, value $ 2 72,488     72,490
Declaration of dividends       (1,058,740) (1,058,740)
Net income       2,150,080 2,150,080
Ending balance, shares at Feb. 29, 2020 17,648,464        
Ending balance, value at Feb. 29, 2020 $ 7,651 16,406,702 0 24,447,773 40,862,126
Exercise of stock options, shares 26,447        
Exercise of stock options, amount $ 26 204,581     204,607
Stock-based compensation   287,115     287,115
Shares issued to Directors for services, shares 1,905        
Shares issued to Directors for services, value $ 2 72,483     72,485
Declaration of dividends       (1,066,148) (1,066,148)
Shares issued - Lixoft, shares 111,682        
Shares issued - Lixoft, value $ 112 3,260,562     3,260,674
Foreign currency translation adjustments     30,460   30,460
Net income       2,935,569 2,935,569
Ending balance, shares at May. 31, 2020 17,788,498        
Ending balance, value at May. 31, 2020 $ 7,791 $ 20,231,443 $ 30,460 $ 26,317,194 $ 46,586,888