SEGMENT AND GEOGRAPHIC REPORTING

6 Months Ended

Feb. 28, 2021

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 and six months ended February 28, 2021 and February 29, 2020:

(in thousands)	Three Months Ended February 28, 2021
	Simulations Plus		Cognigen		DILIsym		Lixoft*		Eliminations			Total
Revenues	$	6,646	$	2,783	$	2,114	$	1,604	$	–		$	13,147
Income from operations before income taxes	$	2,121	$	279	$	260	$	826	$	–		$	3,486
Total assets	$	165,712	$	12,712	$	15,242	$	21,420	$	(39,317	)	$	175,769
Capital expenditures	$	232	$	126	$	5	$	15	$	–		$	378
Capitalized software costs	$	588	$	5	$	35	$	118	$	–		$	746
Depreciation and amortization	$	485	$	84	$	149	$	193	$	–		$	911

*Lixoft was purchased on April 1, 2020.

(in thousands)	Three Months Ended February 29, 2020
	Simulations Plus		Cognigen		DILIsym		Eliminations			Total
Revenues	$	5,904	$	2,750	$	1,696	$	–		$	10,350
Income from operations	$	2,004	$	276	$	546	$	–		$	2,826
Total assets	$	42,881	$	10,465	$	13,555	$	(17,702	)	$	49,199
Capital expenditures	$	9	$	20	$	13	$	–		$	42
Capitalized software costs	$	573	$	16	$	31	$	–		$	620
Depreciation and amortization	$	435	$	89	$	151	$	–		$	675

(in thousands)	Six Months Ended February 28, 2021
	Simulations Plus		Cognigen		DILIsym		Lixoft*		Eliminations			Total
Revenues	$	12,078	$	5,451	$	3,486	$	2,833	$	–		$	23,848
Income from operations before income taxes	$	4,486	$	485	$	215	$	1,351	$	–		$	6,537
Total assets	$	165,712	$	12,712	$	15,242	$	21,420	$	(39,317	)	$	175,769
Capital expenditures	$	371	$	189	$	5	$	18	$	–		$	583
Capitalized software costs	$	1,156	$	5	$	78	$	235	$	–		$	1,474
Depreciation and amortization	$	936	$	165	$	298	$	377	$	–		$	1,776

*Lixoft was purchased on April 1, 2020.

(in thousands)	Six Months Ended February 29, 2020
	Simulations Plus		Cognigen		DILIsym		Eliminations			Total
Revenues	$	10,830	$	5,137	$	3,784	$	–		$	19,751
Income from operations	$	3,907	$	316	$	1,322	$	–		$	5,545
Total assets	$	42,881	$	10,465	$	13,555	$	(17,702	)	$	49,199
Capital expenditures	$	17	$	41	$	15	$	–		$	73
Capitalized software costs	$	1,030	$	36	$	61	$	–		$	1,127
Depreciation and amortization	$	870	$	175	$	300	$	–		$	1,345

In addition, we allocate revenues to geographic areas based on the locations of our customers. Geographical revenues for the three and six months ended February 28, 2021 and February 29, 2020 were as follows:

(in thousands)	Three Months Ended February 28, 2021
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	2,884	$	2,350	$	1,412	$	6,646
Cognigen		2,783		–		–		2,783
DILIsym		2,067		45		2		2,114
Lixoft		928		676		–		1,604
Total	$	8,662	$	3,071	$	1,414	$	13,147

(in thousands)	Three Months Ended February 29, 2020
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	2,607	$	1,610	$	1,687	$	5,904
Cognigen		2,750		–		–		2,750
DILIsym		1,469		126		101		1,696
Total	$	6,826	$	1,736	$	1,788	$	10,350

(in thousands)	Six Months Ended February 28, 2021
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	5,403	$	4,239	$	2,436	$	12,078
Cognigen		5,451		–		–		5,451
DILIsym		3,393		66		27		3,486
Lixoft		1,538		1,255		40		2,833
Total	$	15,785	$	5,560	$	2,503	$	23,848

(in thousands)	Six Months Ended February 29, 2020
	Americas		EMEA		Asia Pacific		Total
Simulations Plus	$	5,153	$	2,757	$	2,920	$	10,830
Cognigen		5,137		–		–		5,137
DILIsym		3,207		451		126		3,784
Total	$	13,497	$	3,208	$	3,046	$	19,751