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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2020
Aug. 31, 2020
Current assets    
Cash and cash equivalents $ 27,651 $ 49,207
Accounts receivable, net of allowance for doubtful accounts of $50 and $50 7,331 7,422
Revenues in excess of billings 2,837 3,093
Prepaid income taxes 560 970
Prepaid expenses and other current assets 1,738 1,596
Short-term investments 91,115 66,804
Total current assets 131,232 129,092
Long-term assets    
Capitalized computer software development costs, net of accumulated amortization of $13,906 and $13,582 6,490 6,087
Property and equipment, net 596 438
Operating lease right of use assets 768 927
Intellectual property, net of accumulated amortization of $5,444 and $5,087 11,541 11,898
Other intangible assets, net of accumulated amortization of $1,779 and $1,642 6,871 7,008
Goodwill 12,921 12,921
Other assets 51 51
Total assets 170,470 168,422
Current liabilities    
Accounts payable 332 351
Accrued payroll and other expenses 2,300 2,251
Current portion - contracts payable 2,000 2,000
Billings in excess of revenues 206 141
Operating lease liability, current portion 395 463
Deferred revenue 244 300
Total current liabilities 5,477 5,506
Long-term liabilities    
Deferred income taxes, net 2,401 2,354
Operating lease liability 376 463
Payments due under contracts payable 4,185 4,064
Total liabilities 12,439 12,387
Shareholders' equity    
Preferred stock, $0.001 par value 10,000,000 shares authorized, no shares issued and outstanding 0 0
Common stock, $0.001 par value and additional paid in capital –50,000,000 shares authorized, 19,958,760 and 19,923,277 shares issued and outstanding 129,253 128,541
Retained earnings 28,720 27,436
Accumulated other comprehensive income 58 58
Total shareholders' equity 158,031 156,035
Total liabilities and shareholders' equity $ 170,470 $ 168,422