Annual report pursuant to Section 13 and 15(d)

Fixed Assets (Tables)

v3.19.3.a.u2
Fixed Assets (Tables)
12 Months Ended
Aug. 31, 2019
Fixed Assets (Tables)  
Schedule of Fixed Assets

 

 

August 31,

2019

 

August 31,

2018

 

Equipment

 

$

372,000

 

$

228,000

 

Furniture & fixtures

 

412,000

 

329,000

 

Software

 

3,737,000

 

2,797,000

 

Leasehold improvements

 

41,000

 

41,000

 

4,562,000

 

3,395,000

 

Accumulated depreciation & amortization

 

(1,202,000

)

 

(363,000

)

Fixed assets, net

 

$

3,360,000

 

$

3,032,000

 

Schedule of capitalized software

 

 

August 31,

2019

 

August 31,

2018

 

Software costs capitalized

 

$

3,737,000

 

$

2,797,000

 

Software costs amortized

 

(904,000

)

 

(190,000

)

Software costs, Net

 

$

2,833,000

 

$

2,607,000

 

Amortization expense for capitalized software

 

 

Amount

 

2020

 

814,000

 

2021

 

814,000

 

2022

 

744,000

 

2023

 

458,000

 

2024

 

3,000