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Income Taxes (Tables) | 12 Months Ended
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Aug. 31, 2024
Income Taxes [Abstract] |
Provision For Income Taxes From Continuing Operations |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022
Current: |  |  |  |  |  |  |  |
Federal | $ | (4,040) |  | $ | - |  | $ | -
State |  | (1,675) |  |  | (791) |  |  | (1,221)
Foreign |  | (2,174) |  |  | (2,389) |  |  | (2,202)
|  | (7,889) |  |  | (3,180) |  |  | (3,423)
Deferred: |  |  |  |  |  |  |  |
Federal |  | 2,309 |  |  | 1,545 |  |  | (9,339)
State |  | 730 |  |  | 225 |  |  | (889)
Foreign |  | (395) |  |  | 216 |  |  | 24
Operating loss carryforward |  | (3,245) |  |  | (7,201) |  |  | 7,150
Valuation allowance |  | (1,154) |  |  | 372 |  |  | 2,845
Foreign tax credit carryforward |  |  |  |  |  |  |  |
reduction |  | - |  |  | (65) |  |  | (2)
|  | (1,755) |  |  | (4,908) |  |  | (211)
| $ | (9,644) |  | $ | (8,088) |  | $ | (3,634)
Allocation Of Total Income Tax Provision |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022
Net income | $ | (9,644) |  | $ | (8,088) |  | $ | (3,634)
Other comprehensive income |  | (11) |  |  | (80) |  |  | 176
| $ | (9,655) |  | $ | (8,168) |  | $ | (3,458)
Income From Continuing Operations Before Income Taxes |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022
United States | $ | 32,456 |  | $ | 23,574 |  | $ | 21,152
Foreign |  | 590 |  |  | 2,295 |  |  | 912
| $ | 33,046 |  | $ | 25,869 |  | $ | 22,064
Differences Between Income Taxes At The Statutory Federal Income Tax Rate And Income Taxes From Continuing Operations |
YEAR ENDED |  |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022 |
Federal statutory income tax rate |  | (21.0) | % |  | (21.0) | % |  | (21.0) | %
State income taxes, net of federal effect |  | (4.0) |  |  | (4.7) |  |  | (3.9) |
Valuation allowance |  | (3.5) |  |  | 1.4 |  |  | 12.9 |
Foreign tax credit carryforward |  |  |  |  |  |  |  |  |
reduction |  | - |  |  | (0.3) |  |  | - |
Foreign jurisdictions tax differential |  | 0.1 |  |  | (0.2) |  |  | (1.1) |
Tax differential on income subject |  |  |  |  |  |  |  |  |
to both U.S. and foreign taxes |  | 1.5 |  |  | (1.4) |  |  | (0.2) |
Uncertain tax positions |  | (0.3) |  |  | (0.9) |  |  | (0.8) |
Non-deductible executive compensation |  | (9.7) |  |  | (3.6) |  |  | (5.5) |
Non-deductible meals and entertainment |  | (0.8) |  |  | (0.7) |  |  | (0.1) |
Other stock-based compensation |  | 7.7 |  |  | (0.4) |  |  | 2.5 |
Other |  | 0.8 |  |  | 0.5 |  |  | 0.7 |
|  | (29.2) | % |  | (31.3) | % |  | (16.5) | %
Significant Components Of Deferred Tax Assets And Liabilities |
AUGUST 31, |  | 2024 |  |  | 2023
Deferred income tax assets: |  |  |  |  |
Stock-based compensation | $ | 3,760 |  | $ | 4,222
Net operating loss carryforward |  | 3,447 |  |  | 6,505
Foreign income tax credit |  |  |  |  |
carryforward |  | - |  |  | 4,253
Deferred revenue |  | 2,970 |  |  | 1,677
Capitalized development costs |  | 2,156 |  |  | 1,236
Bonus and other accruals |  | 1,317 |  |  | 1,517
Sale and financing of corporate |  |  |  |  |
headquarters |  | 1,041 |  |  | 1,899
Inventory and bad debt reserves |  | 923 |  |  | 1,094
Self-constructed tangible assets |  | 404 |  |  | -
Other |  | 174 |  |  | 458
Total deferred income tax assets |  | 16,192 |  |  | 22,861
Less: valuation allowance |  | (2,467) |  |  | (1,313)
Net deferred income tax assets |  | 13,725 |  |  | 21,548
Deferred income tax liabilities: |  |  |  |  |
Intangibles step-ups – indefinite lived |  | (5,433) |  |  | (5,522)
Intangibles step-ups – finite lived |  | (1,873) |  |  | (2,541)
Self-constructed tangible assets |  | - |  |  | (5,476)
Intangible asset amortization |  | (4,217) |  |  | (4,189)
Deferred commissions |  | (3,827) |  |  | (3,598)
Unremitted earnings of foreign |  |  |  |  |
subsidiaries |  | (505) |  |  | (521)
Property and equipment depreciation |  | (132) |  |  | (80)
Total deferred income tax liabilities |  | (15,987) |  |  | (21,927)
Net deferred income taxes | $ | (2,262) |  | $ | (379)
Deferred Income Tax Amounts Recorded On The Consolidated Balance Sheets |
AUGUST 31, |  | 2024 |  |  | 2023
Long-term assets | $ | 870 |  | $ | 1,661
Long-term liabilities |  | (3,132) |  |  | (2,040)
Net deferred income tax liability | $ | (2,262) |  | $ | (379)
Summary of Operating Loss Carryforwards |
|  | Loss Carryforward |  |  |  | Loss |  | Loss |  | Operating
Loss Carryforward |  | Expires |  |  |  | Deductions |  | Deductions |  | Loss Carried
for Year Ended |  | August 31, |  | Amount |  | in Prior Years |  | in Current Year |  | Forward
Acquired NOL - Jhana |  |  |  |  |  |  |  |  |  |
December 31, 2015 |  | 2034 | $ | 1,491 | $ | (1,491) | $ | - | $ | -
December 31, 2016 |  | 2035 |  | 3,052 |  | (909) |  | (215) |  | 1,928
July 15, 2017 |  | 2036 |  | 1,117 |  | - |  | - |  | 1,117
|  |  |  | 5,660 |  | (2,400) |  | (215) |  | 3,045
Acquired NOL - Strive |  |  |  |  |  |  |  |  |  |
December 31, 2018 |  | No Expiration |  | 947 |  | (947) |  | - |  | -
December 31, 2019 |  | No Expiration |  | 869 |  | (869) |  | - |  | -
December 31, 2020 |  | No Expiration |  | 1,133 |  | (160) |  | (840) |  | 133
April 25, 2021 |  | No Expiration |  | 553 |  | - |  | - |  | 553
|  |  |  | 3,502 |  | (1,976) |  | (840) |  | 686
August 31, 2022 |  | No Expiration |  | 40,996 |  | (27,787) |  | (13,209) |  | -
|  |  | $ | 50,158 | $ | (32,163) | $ | (14,264) | $ | 3,731
Activity In Deferred Income Tax Asset Valuation Allowance |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022
Beginning balance | $ | 1,313 |  | $ | 1,685 |  | $ | 4,530
Charged to costs and expenses |  | 1,250 |  |  | 212 |  |  | 683
Deductions |  | (96) |  |  | (584) |  |  | (3,528)
Ending balance | $ | 2,467 |  | $ | 1,313 |  | $ | 1,685
Reconciliation Of The Beginning And Ending Amount Of Gross Unrecognized Tax Benefits |
YEAR ENDED |  |  |  |  |  |  |  |
AUGUST 31, |  | 2024 |  |  | 2023 |  |  | 2022
Beginning balance | $ | 1,618 |  | $ | 1,597 |  | $ | 1,594
Additions based on tax positions |  |  |  |  |  |  |  |
related to the current year |  | 491 |  |  | 188 |  |  | 77
Additions for tax positions in |  |  |  |  |  |  |  |
prior years |  | 73 |  |  | 290 |  |  | 207
Reductions for tax positions of prior |  |  |  |  |  |  |  |
years resulting from the lapse of |  |  |  |  |  |  |  |
applicable statute of limitations |  | (255) |  |  | (186) |  |  | -
Other reductions for tax positions of |  |  |  |  |  |  |  |
prior years |  | (288) |  |  | (271) |  |  | (281)
Ending balance | $ | 1,639 |  | $ | 1,618 |  | $ | 1,597
Tax Years That Remain Subject To Examinations For Major Tax Jurisdictions |
2017-2024 | Australia, Canada, and Japan
2016-2024 | China
2019-2024 | Germany, Switzerland, and Austria
2020-2024 | United Kingdom, Singapore
2020-2024 | United States – state and local income tax
2021-2024 | United States – federal income tax

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