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Loss Per Share | 9 Months Ended
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May 31, 2019
Loss Per Share [Abstract] |
Loss Per Share | ﻿ NOTE 8 – LOSS PER SHARE ﻿ The following schedule shows the calculation of loss per share for the periods presented (in thousands, except per-share amounts). ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿ | Quarter Ended |  | Three Quarters Ended
﻿ |  | May 31, |  |  | May 31, |  |  | May 31, |  |  | May 31,
﻿ |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
﻿Numerator for basic and |  |  |  |  |  |  |  |  |  |  |
﻿diluted loss per share: |  |  |  |  |  |  |  |  |  |  |
﻿Net loss | $ | (2,024) |  | $ | (2,534) |  | $ | (6,898) |  | $ | (7,666)
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿Denominator for basic and |  |  |  |  |  |  |  |  |  |  |
﻿diluted loss per share: |  |  |  |  |  |  |  |  |  |  |
﻿Basic weighted average shares |  |  |  |  |  |  |  |  |  |  |
﻿outstanding |  | 13,963 |  |  | 13,896 |  |  | 13,939 |  |  | 13,829
﻿Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |
﻿Stock options and other |  |  |  |  |  |  |  |  |  |  |
﻿stock-based awards |  | - |  |  | - |  |  | - |  |  | -
﻿Diluted weighted average |  |  |  |  |  |  |  |  |  |  |
﻿shares outstanding |  | 13,963 |  |  | 13,896 |  |  | 13,939 |  |  | 13,829
﻿ |  |  |  |  |  |  |  |  |  |  |
﻿EPS Calculations: |  |  |  |  |  |  |  |  |  |  |
﻿Net loss per share: |  |  |  |  |  |  |  |  |  |  |
﻿Basic and diluted | $ | (0.14) |  | $ | (0.18) |  | $ | (0.49) |  | $ | (0.55)
﻿ Since we incurred a net loss for the quarter and three quarters ended May 31, 2019, no potentially dilutive securities are included in the calculations of diluted loss per share because such effect would be anti-dilutive. The number of dilutive stock options and other stock-based awards for the quarter ended May 31, 2019 would have been approximately 213,000 shares.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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