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UNAUDITED QUARTERLY FINANCIAL DATA
12 Months Ended
Aug. 31, 2016
Unaudited Quarterly Financial Data  
UNAUDITED QUARTERLY FINANCIAL DATA
   Quarterly results of operations
                         
   2016  2015
   Three months ended  Three months ended
   30 Nov  29 Feb  31 May  31 Aug  30 Nov  28 Feb  31 May  31 Aug
   (In thousands, except per share data)
Total revenues  $126   $76   $101   $149   $570   $372   $120   $135 
Gross margin   (7)   (44)   (34)   8    373    217    (19)   (134)
Operating loss   (472)   (557)   (533)   (618)   47    (324)   (448)   (952)
Net income (loss)  $(97)  $(271)  $(422)  $(521)  $10   $(86)  $30   $(23,082)
                                         
Basic and diluted                                        
 income (loss) per share   *   $(0.01)  $(0.02)  $(0.03)   *    *    *   $(0.96)
* Amount is less than $.01 per share                                        

 

The following item had a significant impact on the Company’s net income (loss):

In August 2015, the Company sold its remaining farm portfolio. The Company recognized a loss of $22.1 million.