XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.22.1

SEGMENT AND GEOGRAPHIC REPORTING | 6 Months Ended
--- | ---
Feb. 28, 2022
Segment Reporting [Abstract] |
SEGMENT AND GEOGRAPHIC REPORTING | NOTE 9: SEGMENT AND GEOGRAPHIC REPORTING We account for segments and geographic revenue in accordance with guidance issued by the FASB. Our reportable segments are strategic business units that offer different products and services. Results for each business unit segment and consolidated results for the three and six months ended February 28, 2022 and 2021 were as follows:
Schedule of revenue by business unit |  |  |  |  |  |  |  |  |  |  |  |
(in thousands) |  | Three Months Ended February 28, 2022 |
|  | Software |  |  | Services |  |  | Total |
Revenue |  | $ | 9,758 |  |  | $ | 5,038 |  |  | $ | 14,796 |
Cost of revenue |  |  | 780 |  |  |  | 2,050 |  |  |  | 2,830 |
Gross profit |  | $ | 8,978 |  |  | $ | 2,988 |  |  | $ | 11,966 |
Gross margin |  |  | 92% |  |  |  | 59% |  |  |  | 81% |
Our software business and services business represented 66% and 34% of total revenue, respectively, for the three months ended February 28, 2022.
(in thousands) |  | Three Months Ended February 28, 2021 |
|  | Software |  |  | Services |  |  | Total |
Revenue |  | $ | 7,827 |  |  | $ | 5,320 |  |  | $ | 13,147 |
Cost of revenue |  |  | 836 |  |  |  | 2,075 |  |  |  | 2,911 |
Gross profit |  | $ | 6,991 |  |  | $ | 3,245 |  |  | $ | 10,236 |
Gross margin |  |  | 89% |  |  |  | 61% |  |  |  | 78% |
Our software business and services business represented 60% and 40% of total revenue, respectively, for the three months ended February 28, 2021.
(in thousands) |  | Six Months Ended February 28, 2022 |
|  | Software |  |  | Services |  |  | Total |
Revenue |  | $ | 17,120 |  |  | $ | 10,093 |  |  | $ | 27,213 |
Cost of revenue |  |  | 1,515 |  |  |  | 4,071 |  |  |  | 5,586 |
Gross profit |  | $ | 15,605 |  |  | $ | 6,022 |  |  | $ | 21,627 |
Gross margin |  |  | 91% |  |  |  | 60% |  |  |  | 79% |
Our software business and services business represented 63% and 37% of total revenue, respectively, for the six months ended February 28, 2022.
(in thousands) |  | Six Months Ended February 28, 2021 |
|  | Software |  |  | Services |  |  | Total |
Revenue |  | $ | 13,975 |  |  | $ | 9,873 |  |  | $ | 23,848 |
Cost of revenue |  |  | 1,647 |  |  |  | 3,697 |  |  |  | 5,344 |
Gross profit |  | $ | 12,328 |  |  | $ | 6,176 |  |  | $ | 18,504 |
Gross margin |  |  | 88% |  |  |  | 63% |  |  |  | 78% |
Our software business and services business represented 59% and 41% of total revenue, respectively, for the six months ended February 28, 2021. Revenue by product and consolidated revenue for the three and six months ended February 28, 2022 and 2021 were as follows:
Schedule of revenue by product |  |  |  |  |  |
(in thousands) |  | Three Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Software revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GastroPlus |  | $ | 5,450 |  |  |  | 56% |  |  | $ | 4,483 |  |  |  | 57% |
MonolixSuite |  |  | 2,222 |  |  |  | 23 |  |  |  | 1,551 |  |  |  | 20 |
ADMET Predictor |  |  | 1,367 |  |  |  | 14 |  |  |  | 1,212 |  |  |  | 15 |
Other |  |  | 719 |  |  |  | 7 |  |  |  | 581 |  |  |  | 8 |
Total software revenue |  | $ | 9,758 |  |  |  | 100% |  |  | $ | 7,827 |  |  |  | 100% |
Services revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PKPD |  | $ | 2,222 |  |  |  | 44% |  |  | $ | 2,585 |  |  |  | 49% |
QSP/QST |  |  | 1,527 |  |  |  | 30 |  |  |  | 1,745 |  |  |  | 33 |
PBPK |  |  | 948 |  |  |  | 19 |  |  |  | 945 |  |  |  | 17 |
Other |  |  | 341 |  |  |  | 7 |  |  |  | 45 |  |  |  | 1 |
Total services revenue |  | $ | 5,038 |  |  |  | 100% |  |  | $ | 5,320 |  |  |  | 100% |
Total consolidated revenue |  | $ | 14,796 |  |  |  |  |  |  | $ | 13,147 |  |  |  |  |
(in thousands) |  | Six Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Software revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
GastroPlus |  | $ | 9,435 |  |  |  | 55% |  |  | $ | 7,819 |  |  |  | 56% |
MonolixSuite |  |  | 3,792 |  |  |  | 22 |  |  |  | 2,716 |  |  |  | 19 |
ADMET Predictor |  |  | 2,826 |  |  |  | 17 |  |  |  | 2,384 |  |  |  | 17 |
Other |  |  | 1,067 |  |  |  | 6 |  |  |  | 1,056 |  |  |  | 8 |
Total software revenue |  | $ | 17,120 |  |  |  | 100% |  |  | $ | 13,975 |  |  |  | 100% |
Services revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PKPD |  | $ | 4,548 |  |  |  | 45% |  |  | $ | 4,830 |  |  |  | 49% |
QSP/QST |  |  | 2,993 |  |  |  | 30 |  |  |  | 2,867 |  |  |  | 29 |
PBPK |  |  | 1,807 |  |  |  | 18 |  |  |  | 1,573 |  |  |  | 16 |
Other |  |  | 745 |  |  |  | 7 |  |  |  | 603 |  |  |  | 6 |
Total services revenue |  | $ | 10,093 |  |  |  | 100% |  |  | $ | 9,873 |  |  |  | 100% |
Total consolidated revenue |  | $ | 27,213 |  |  |  |  |  |  | $ | 23,848 |  |  |  |  |
Revenue by division and consolidated revenue for the three and six months ended February 28, 2022 and 2021 were as follows: Schedule of revenue by division
(in thousands) |  | Three Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Simulations Plus |  | $ | 7,989 |  |  |  | 54% |  |  | $ | 6,646 |  |  |  | 51% |
Cognigen |  |  | 2,437 |  |  |  | 17 |  |  |  | 2,783 |  |  |  | 21 |
DILIsym |  |  | 2,102 |  |  |  | 14 |  |  |  | 2,114 |  |  |  | 16 |
Lixoft |  |  | 2,268 |  |  |  | 15 |  |  |  | 1,604 |  |  |  | 12 |
Total |  | $ | 14,796 |  |  |  | 100% |  |  | $ | 13,147 |  |  |  | 100% |
(in thousands) |  | Six Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Simulations Plus |  | $ | 14,504 |  |  |  | 53% |  |  | $ | 12,078 |  |  |  | 51% |
Cognigen |  |  | 4,940 |  |  |  | 18 |  |  |  | 5,451 |  |  |  | 23 |
DILIsym |  |  | 3,819 |  |  |  | 14 |  |  |  | 3,486 |  |  |  | 15 |
Lixoft |  |  | 3,950 |  |  |  | 15 |  |  |  | 2,833 |  |  |  | 11 |
Total |  | $ | 27,213 |  |  |  | 100% |  |  | $ | 23,848 |  |  |  | 100% |
In addition, we allocate revenue to geographic areas based on the locations of our customers. Revenue for each geographical area and consolidated revenue for the three and six months ended February 28, 2022 and 2021 were as follows: Schedule of revenue by geographic areas
(in thousands) |  | Three Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Americas |  | $ | 9,696 |  |  |  | 66% |  |  | $ | 8,662 |  |  |  | 66% |
EMEA |  |  | 3,706 |  |  |  | 25 |  |  |  | 3,071 |  |  |  | 23 |
Asia Pacific |  |  | 1,394 |  |  |  | 9 |  |  |  | 1,414 |  |  |  | 11 |
Total |  | $ | 14,796 |  |  |  | 100% |  |  | $ | 13,147 |  |  |  | 100% |
(in thousands) |  | Six Months Ended February 28, |
|  | 2022 |  |  | 2021 |
Americas |  | $ | 18,155 |  |  |  | 67% |  |  | $ | 15,785 |  |  |  | 66% |
EMEA |  |  | 6,731 |  |  |  | 24 |  |  |  | 5,560 |  |  |  | 23 |
Asia Pacific |  |  | 2,327 |  |  |  | 9 |  |  |  | 2,503 |  |  |  | 11 |
Total |  | $ | 27,213 |  |  |  | 100% |  |  | $ | 23,848 |  |  |  | 100% |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration