Financing Obligation (Tables)

12 Months Ended

Aug. 31, 2018

Financing Obligation [Abstract]

Financing Obligation

AUGUST 31,		2018		2017
Financing obligation payable in
monthly installments of $303 at
August 31, 2018, including
principal and interest, with two
percent annual increases
(imputed interest at 7.7%),
through June 2025	$	21,075	$	22,943
Less current portion		(2,092)		(1,868)
Total financing obligation,
less current portion	$	18,983	$	21,075

Future Principal Maturities

YEAR ENDING
AUGUST 31,
2019	$	2,092
2020		2,335
2021		2,600
2022		2,887
2023		3,199
Thereafter		7,962
	$	21,075

Future Minimum Payments Under The Financing Obligation

YEAR ENDING
AUGUST 31,
2019	$	3,651
2020		3,724
2021		3,798
2022		3,874
2023		3,952
Thereafter		7,331
Total future minimum financing
obligation payments		26,330
Less interest		(6,567)
Present value of future minimum
financing obligation payments	$	19,763