v3.21.4
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2021
Nov. 30, 2020
Income Statement [Abstract]    
Revenues (gross billings of $21.2 million less worksite employee payroll cost of $12.3 million and gross billings of $19.8 million less worksite employees payroll cost of $17.3 million, for the three months ended November 30, 2021 and 2020, respectively) $ 8,940 $ 2,503
Cost of revenue 8,245 1,990
Gross profit  (loss) 695 513
Operating expenses:    
Salaries, wages, and payroll taxes 3,890 2,193
Stock-based compensation – general and administrative 408 496
Commissions 27 38
Professional fees 1,737 707
Software development 1,161 877
Depreciation and amortization 123 62
General and administrative 1,932 1,759
Total operating expenses 9,278 6,132
Operating Loss (8,583) (5,619)
Other (expense) income:    
Interest expense (1) (3)
Other income 5 0
Total other expense 4 (3)
Loss from continuing operations (8,579) (5,622)
Total (loss) income from discontinued operations, net of tax (134) (1,314)
Net loss $ (8,713) $ (6,936)
Net loss  per share, Basic and diluted    
Continuing operations, basic (in dollars per share) $ (0.24) $ (0.18)
Continuing operations, diluted (in dollars per share) (0.24) (0.18)
Discontinued operations, basic (in dollars per share) 0 (0.04)
Discontinued operations, diluted (in dollars per share) 0 (0.04)
Net loss per common share, basic (in dollars per share) (0.24) (0.22)
Net loss per common share, diluted (in dollars per share) $ (0.24) $ (0.22)
Weighted average common shares outstanding, basic (in shares) 35,945,160 30,808,150
Weighted average common shares outstanding, diluted (in shares) 35,945,160 30,808,150

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