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Balance Sheet Components
6 Months Ended
Feb. 29, 2024
Disclosure Text Block Supplement [Abstract]  
Balance Sheet Components

3. Balance Sheet Components

Inventories

Inventories as of February 29, 2024 and August 31, 2023 consisted of the following (in thousands):

 

 

 

February 29,

 

 

August 31,

 

 

 

2024

 

 

2023

 

Raw materials

 

$

372

 

 

$

491

 

Work in process

 

 

902

 

 

 

1,216

 

Finished goods

 

 

2,477

 

 

 

2,315

 

Total

 

$

3,751

 

 

$

4,022

 

Inventory write-downs to estimated net realizable values were $77 thousand and $181 thousand for the three and six months ended February 29, 2024, respectively, and $196 thousand and $374 thousand for the three and six months ended February 28, 2023, respectively.

Property, Plant and Equipment

Property, plant and equipment as of February 29, 2024 and August 31, 2023 consisted of the following (in thousands):

 

 

February 29,

 

 

August 31,

 

 

 

2024

 

 

2023

 

Buildings and improvements

 

$

13,247

 

 

$

13,136

 

Machinery and equipment

 

 

26,723

 

 

 

26,606

 

Leasehold improvements

 

 

155

 

 

 

154

 

Other equipment

 

 

2,275

 

 

 

2,165

 

Construction in progress

 

 

102

 

 

 

118

 

Total property, plant and equipment

 

 

42,502

 

 

 

42,179

 

Less: Accumulated depreciation and amortization

 

 

(39,506

)

 

 

(38,946

)

Property, plant and equipment, net

 

$

2,996

 

 

$

3,233

 

Intangible Assets

Intangible assets as of February 29, 2024 and August 31, 2023 consisted of the following (in thousands):

 

 

 

February 29, 2024

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross

 

 

 

 

 

Net

 

 

 

Amortization

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Period (Years)

 

 

Amount

 

 

Amortization

 

 

Amount

 

Patents and trademarks

 

 

15

 

 

$

576

 

 

$

480

 

 

$

96

 

Acquired technology

 

 

5

 

 

 

322

 

 

 

322

 

 

 

 

Total

 

 

 

 

$

898

 

 

$

802

 

 

$

96

 

 

 

 

August 31, 2023

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

Gross

 

 

 

 

 

Net

 

 

 

Amortization

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

 

Period (Years)

 

 

Amount

 

 

Amortization

 

 

Amount

 

Patents and trademarks

 

 

15

 

 

$

568

 

 

$

471

 

 

$

97

 

Acquired technology

 

 

5

 

 

 

320

 

 

 

320

 

 

 

 

Total

 

 

 

 

$

888

 

 

$

791

 

 

$

97

 

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of February 29, 2024 and August 31, 2023 consisted of the following (in thousands):

 

 

 

February 29,

 

 

August 31,

 

 

 

 

2024

 

 

2023

 

 

Accrued compensation and benefits

 

$

 

1,695

 

 

$

 

1,766

 

 

Customer deposits

 

 

 

365

 

 

 

 

346

 

 

Accrued business expenses

 

 

 

205

 

 

 

 

163

 

 

Accrued professional service fees

 

 

 

69

 

 

 

 

102

 

 

Other (individually less than 5% of total accrued expenses and other current liabilities)

 

 

 

228

 

 

 

 

334

 

 

Total

 

$

 

2,562

 

 

$

 

2,711