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Income Taxes (Tables)

12 Months Ended

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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