REVENUE RECOGNITION

9 Months Ended

May 31, 2021

Revenue from Contract with Customer [Abstract]

REVENUE RECOGNITION

NOTE 3: REVENUE RECOGNITION

Contract Liabilities

During the three and nine months ended May 31, 2021, we recognized $30 thousand and $430 thousand, respectively, of revenue that was included in contract liabilities as of August 31, 2020, and during the three and nine months ended May 31, 2020, we recognized $109 thousand and $882 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 nine months ended May 31, 2021 and 2020 were as follows: 

(in thousands)	Three Months Ended May 31,				Nine Months Ended May 31,
	2021		2020		2021		2020
Software licenses:
Point in time	$	8,098	$	6,623	$	21,570	$	16,117
Over time		200		230		703		734
Consulting services:
Over time		4,479		5,445		14,352		15,198
Total revenue	$	12,777	$	12,298	$	36,625	$	32,049

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 $4.3 million. It is anticipated that a majority of these revenues will be recognized within the next twelve months.