UNAUDITED QUARTERLY FINANCIAL DATA

12 Months Ended

Aug. 31, 2021

Quarterly Financial Information Disclosure [Abstract]

UNAUDITED QUARTERLY FINANCIAL DATA

NOTE 15 – UNAUDITED QUARTERLY FINANCIAL DATA

The following table presents selected unaudited quarterly financial data for each full quarterly period for the years ended August 31, 2021, and 2020:

(in thousands)	Year ended August 31, 2021
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
Revenues	$	10,701	$	13,147	$	12,777	$	9,841
Gross profit	$	8,268	$	10,236	$	10,306	$	7,056
Net income	$	2,479	$	3,211	$	3,787	$	305
Earnings per share, basic	$	0.12	$	0.16	$	0.19	$	0.02
Earnings per share, diluted	$	0.12	$	0.15	$	0.18	$	0.01

(in thousands)	Year ended August 31, 2020
	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
Revenues	$	9,401	$	10,350	$	12,298	$	9,540
Gross profit	$	6,759	$	7,683	$	9,633	$	6,865
Net income	$	2,058	$	2,150	$	2,936	$	2,188
Earnings per share, basic	$	0.12	$	0.12	$	0.17	$	0.12
Earnings per share, diluted	$	0.11	$	0.12	$	0.16	$	0.11