Net Loss Per Common Share

3 Months Ended

Nov. 30, 2015

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Net Loss per Common Share

Net loss per share has been computed using the weighted average number of common shares outstanding during the period. Diluted net loss per share has been calculated to give effect to the dilutive effect of common stock equivalents consisting of stock options in years in which the Company has income.  The calculation of dilutive shares outstanding excludes approximately 772,000 options and 981,000 options outstanding as of November 30, 2015 and 2014, respectively, because their effect is antidilutive.