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REVENUE RECOGNITION
3 Months Ended
Nov. 30, 2020
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION

NOTE 3: REVENUE RECOGNITION

  

Contract Liabilities

 

During the three months ended November 30, 2020 and 2019, the Company recognized $296 thousand and $306 thousand of revenue that was included in contract liabilities as of August 31, 2020 and 2019, respectively.

 

Disaggregation of Revenues

 

          
(in thousands) 

Three months Ended November 30,

 
Disaggregation of revenues:  2020   2019 
Software licenses          
Point in time  $6,001   $4,363 
Over time   211    251 
Consulting services          
Over time   4,489    4,787 
Total Revenue  $10,701   $9,401 

 

Remaining Performance Obligations

Remaining performance obligations that do not fall under the expedients require the Company to perform various consulting and software development services of approximately $2.7 million. It is anticipated these revenues will be recognized within the next twelve months.