XML 17 R6.htm IDEA: XBRL DOCUMENT v3.24.4
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Nov. 30, 2024
Nov. 30, 2023
Cash flows from operating activities    
Net income $ 206,000 $ 1,945,000
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 2,265,000 1,091,000
Change in fair value of contingent consideration 0 (110,000)
Amortization of investment discounts (39,000) (395,000)
Stock-based compensation 1,724,000 1,362,000
Deferred income taxes 40,000 (388,000)
Unrealized gains (losses) on available-for-sale securities (4,000) 0
Currency translation adjustments 42,000 54,000
(Increase) decrease in    
Accounts receivable (3,668,000) (145,000)
Prepaid income taxes (130,000) 767,000
Prepaid expenses and other assets 708,000 (1,515,000)
Increase (decrease) in    
Accounts payable 518,000 173,000
Other liabilities (4,095,000) (2,129,000)
Deferred revenue 1,235,000 (440,000)
Net cash (used in) provided by operating activities (1,274,000) 162,000
Cash flows from investing activities    
Purchases of property and equipment (86,000) 0
Purchase of short-term investments (3,500,000) (30,544,000)
Proceeds from maturities of short-term investments 1,500,000 14,778,000
Purchased intangibles (186,000) (247,000)
Net working capital & excess cash settlement - Pro-ficiency acquisition 227,000 0
Capitalized computer software development costs (639,000) (851,000)
Net cash used in investing activities (3,138,000) (16,864,000)
Cash flows from financing activities    
Payment of dividends 0 (1,196,000)
Proceeds from the exercise of stock options 288,000 164,000
Net cash provided by (used in) financing activities 288,000 (1,032,000)
Net decrease in cash and cash equivalents (4,124,000) (17,734,000)
Cash and cash equivalents, beginning of period 10,311,000 57,523,000
Cash and cash equivalents, end of period 6,187,000 39,789,000
Supplemental disclosures of cash flow information    
Income taxes paid 112,000 96,000
Right of use assets capitalized $ 451,000 $ 0