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EMPLOYEE BENEFIT PLAN
9 Months Ended
May 31, 2021
Retirement Benefits [Abstract]  
EMPLOYEE BENEFIT PLAN

NOTE 11: EMPLOYEE BENEFIT PLAN

 

We maintain a 401(k) Plan for all eligible employees, and we make matching contributions equal to 100% of the employee’s elective deferral, not to exceed 4% of total employee compensation. We can also elect to make a profit-sharing contribution. Our contributions to this Plan amounted to $151 thousand and $124 thousand for the three months ended May 31, 2021 and 2020, respectively, and $403 thousand and $325 thousand for the nine months ended May 31, 2021 and 2020, respectively.