SEGMENT AND GEOGRAPHIC REPORTING

3 Months Ended

Nov. 30, 2020

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC REPORTING

NOTE 10: SEGMENT AND GEOGRAPHIC REPORTING

We account for segments and geographic revenues in accordance with guidance issued by the FASB. Our reportable segments are strategic business units that offer different products and services.

Results for each segment and consolidated results are as follows for the three months ended November 30, 2020 and 2019:

(in thousands)	Three Months Ended November 30, 2020
	Simulations Plus		Cognigen		DILIsym			Lixoft*		Eliminations			Total
Revenues	$	5,432	$	2,668	$	1,372		$	1,229	$	–		$	10,701
Income from operations before income taxes	$	2,365	$	206	$	(45	)	$	525	$	–		$	3,051
Total assets	$	162,871	$	12,279	$	14,180		$	20,628	$	(39,488	)	$	170,470
Capital expenditures	$	139	$	63	$	–		$	3	$	–		$	205
Capitalized software costs	$	568	$	–	$	43		$	117	$	–		$	728
Depreciation and amortization	$	451	$	81	$	149		$	184	$	–		$	865

* The Company purchased Lixoft on April 1, 2020.

(in thousands)	Three Months Ended November 30, 2019
	Simulations Plus		Cognigen		DILIsym		Eliminations			Total
Revenues	$	4,927	$	2,387	$	2,087	$	–		$	9,401
Income from operations	$	1,903	$	40	$	775	$	–		$	2,718
Total assets	$	40,656	$	10,660	$	14,149	$	(17,702	)	$	47,763
Capital expenditures	$	8	$	17	$	3	$	–		$	28
Capitalized software costs	$	457	$	20	$	30	$	–		$	507
Depreciation and amortization	$	435	$	86	$	150	$	–		$	671

In addition, the Company allocates revenues to geographic areas based on the locations of its customers. Geographical revenues for the three months ended November 30, 2020 and 2019 were as follows:

(in thousands)	Three Months Ended November 30, 2020
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	2,518	$	1,890	$	1,024	$	5,432
Cognigen		2,668		–		–		2,668
DILIsym		1,326		21		25		1,372
Lixoft		611		567		51		1,229
Total	$	7,123	$	2,478	$	1,100	$	10,701

(in thousands)	Three Months Ended November 30, 2019
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	2,547	$	1,147	$	1,233	$	4,927
Cognigen		2,387		–		–		2,387
DILIsym		1,737		325		25		2,087
Total	$	6,671	$	1,472	$	1,258	$	9,401