CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Aug. 31, 2021	Aug. 31, 2020
Current assets
Cash and cash equivalents	$ 36,984	$ 49,207
Accounts receivable, net of allowance for doubtful accounts of $78 and $50	9,851	7,422
Revenues in excess of billings	3,150	3,093
Prepaid income taxes	1,012	970
Prepaid expenses and other current assets	1,696	1,596
Short-term investments	86,620	66,804
Total current assets	139,313	129,092
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $14,438 and $13,582	7,646	6,087
Property and equipment, net	1,838	438
Operating lease right of use asset	1,276	927
Intellectual property, net of accumulated amortization of $6,516 and $5,087	10,469	11,898
Other intangible assets, net of accumulated amortization of $2,186 and $1,642	6,464	7,008
Goodwill	12,921	12,921
Other assets	51	51
Total assets	179,978	168,422
Current liabilities
Accounts payable	387	351
Accrued payroll and other expenses	5,604	2,251
Contracts payable - current portion	4,550	2,000
Billings in excess of revenues	117	141
Operating lease liability - current portion	382	463
Deferred revenue	534	300
Total current liabilities	11,574	5,506
Long-term liabilities
Deferred income taxes, net	1,726	2,354
Operating lease liability	896	463
Contracts payable – net of current portion	0	4,064
Total liabilities	14,196	12,387
Commitments and contingencies
Shareholders' equity
Preferred stock, $0.001 par value 10,000,000 shares authorized no shares issued and outstanding	0	0
Common stock, $0.001 par value and additional paid-in capital — 50,000,000 shares authorized, 20,141,521 and 19,923,277 shares issued and outstanding	133,418	128,541
Retained earnings	32,407	27,436
Accumulated other comprehensive income (loss)	(43)	58
Total shareholders' equity	165,782	156,035
Total liabilities and shareholders' equity	$ 179,978	$ 168,422