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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Nov. 30, 2021
Aug. 31, 2021
Current assets    
Cash and cash equivalents $ 41,680 $ 36,984
Accounts receivable, net of allowance for doubtful accounts of $12 and $78 11,823 9,851
Revenue in excess of billings 1,483 3,150
Prepaid income taxes 584 1,012
Prepaid expenses and other current assets 1,676 1,696
Short-term investments 82,660 86,620
Total current assets 139,906 139,313
Long-term assets    
Capitalized computer software development costs, net of accumulated amortization of $14,734 and $14,438 8,189 7,646
Property and equipment, net 2,339 1,838
Operating lease right-of-use assets 1,146 1,276
Intellectual property, net of accumulated amortization of $6,873 and $6,516 10,112 10,469
Other intangible assets, net of accumulated amortization of $2,319 and $2,186 6,331 6,464
Goodwill 12,921 12,921
Other assets 50 51
Total assets 180,994 179,978
Current liabilities    
Accounts payable 19 387
Accrued payroll and other expenses 3,967 5,604
Contracts payable - current portion 4,671 4,550
Billings in excess of revenue 52 117
Operating lease liability - current portion 338 382
Deferred revenue 568 534
Total current liabilities 9,615 11,574
Long-term liabilities    
Deferred income taxes, net 2,113 1,726
Operating lease liability 810 896
Total liabilities 12,538 14,196
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, 20,168,796 and 20,141,521 shares issued and outstanding 134,512 133,418
Retained earnings 34,224 32,407
Accumulated other comprehensive loss (280) (43)
Total shareholders' equity 168,456 165,782
Total liabilities and shareholders' equity $ 180,994 $ 179,978