Quarterly report pursuant to Section 13 or 15(d)

Commitments (Tables)

v3.22.4
Commitments (Tables)
3 Months Ended
Nov. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Lease, Cost
The components of lease expense are as follows:
Three Months Ended November 30, 2022
Operating Lease Cost $ 256,000 
Lessee, Operating Lease, Liability, Maturity
Future minimum lease and licensing payments under non-cancelable operating leases at November 30, 2022, are as follows:

Minimum lease commitments
2023 $ 919,000 
2024 1,064,000 
2025 1,099,000 
2026 777,000 
2027 568,000 
Thereafter 351,000 
Total minimum payments $ 4,778,000 
Less: present value discount 621,000 
Lease Liability $ 4,157,000 
Weighted-average remaining lease term - operating leases (months) 72
Weighted-average discount rate 5.54  %