REVENUE RECOGNITION

6 Months Ended

Feb. 28, 2021

Revenue from Contract with Customer [Abstract]

REVENUE RECOGNITION

NOTE 3: REVENUE RECOGNITION

Contract Liabilities

During the three and six months ended February 28, 2021, we recognized $104 thousand and $400 thousand, respectively, of revenue that was included in contract liabilities as of August 31, 2020, and during the three and six months ended February 29, 2020, we recognized $338 thousand and $773 thousand, respectively, of revenue that was included in contract liabilities as of August 31, 2019.

Disaggregation of Revenues

The components of disaggregation of revenue for the three and six months ended February 28, 2021 and February 29, 2020 were as follows:

(in thousands)	Three Months Ended				Six Months Ended
	2021		2020		2021		2020
Software licenses:
Point in time	$	7,536	$	5,131	$	13,472	$	9,494
Over time		291		254		503		504
Consulting services:
Over time		5,320		4,965		9,873		9,753
Total revenue	$	13,147	$	10,350	$	23,848	$	19,751

Remaining Performance Obligations

Remaining performance obligations that do not fall under the expedients require us to perform various consulting and software development services of approximately $3.8 million. It is anticipated that a majority of these revenues will be recognized within the next twelve months.