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v3.25.1

Segment Information (Tables) | 6 Months Ended
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Feb. 28, 2025
Segment Information [Abstract] |
Schedule Of Segment Operations |
|  | Revenue From |  |  |  |  |  |
Quarter Ended |  | External |  |  |  |  |  | Adjusted
February 28, 2025 |  | Customers |  |  | Gross Profit |  |  | EBITDA
Enterprise Division: |  |  |  |  |  |  |  |
North America | $ | 34,520 |  | $ | 28,974 |  | $ | 4,843
International direct offices |  | 6,201 |  |  | 4,560 |  |  | (973)
International licensees |  | 2,830 |  |  | 2,499 |  |  | 1,456
|  | 43,551 |  |  | 36,033 |  |  | 5,326
Education practice |  | 15,065 |  |  | 9,331 |  |  | (313)
Corporate and eliminations |  | 996 |  |  | 382 |  |  | (2,953)
Consolidated | $ | 59,612 |  | $ | 45,746 |  | $ | 2,060
Quarter Ended |  |  |  |  |  |  |  |
February 29, 2024 |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |
North America | $ | 35,554 |  | $ | 29,911 |  | $ | 9,158
International direct offices |  | 7,263 |  |  | 5,502 |  |  | (107)
International licensees |  | 2,781 |  |  | 2,397 |  |  | 1,358
|  | 45,598 |  |  | 37,810 |  |  | 10,409
Education practice |  | 14,689 |  |  | 8,675 |  |  | (474)
Corporate and eliminations |  | 1,049 |  |  | 366 |  |  | (2,487)
Consolidated | $ | 61,336 |  | $ | 46,851 |  | $ | 7,448
Two Quarters Ended |  |  |  |  |  |  |  |
February 28, 2025 |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |
North America | $ | 74,657 |  | $ | 61,795 |  | $ | 13,587
International direct offices |  | 14,440 |  |  | 10,673 |  |  | (1,197)
International licensees |  | 6,033 |  |  | 5,363 |  |  | 3,100
|  | 95,130 |  |  | 77,831 |  |  | 15,490
Education practice |  | 31,529 |  |  | 19,741 |  |  | (47)
Corporate and eliminations |  | 2,039 |  |  | 885 |  |  | (5,709)
Consolidated | $ | 128,698 |  | $ | 98,457 |  | $ | 9,734
Two Quarters Ended |  |  |  |  |  |  |  |
February 29, 2024 |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |
North America | $ | 75,847 |  | $ | 62,675 |  | $ | 19,599
International direct offices |  | 15,993 |  |  | 12,115 |  |  | 1,051
International licensees |  | 6,204 |  |  | 5,478 |  |  | 3,274
|  | 98,044 |  |  | 80,268 |  |  | 23,924
Education practice |  | 29,580 |  |  | 18,150 |  |  | (364)
Corporate and eliminations |  | 2,112 |  |  | 711 |  |  | (5,142)
Consolidated | $ | 129,736 |  | $ | 99,129 |  | $ | 18,418
Reconciliation Of Adjusted EBITDA |
| Quarter Ended |  | Two Quarters Ended
|  | February 28, |  |  | February 29, |  |  | February 28, |  |  | February 29,
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024
Segment Adjusted EBITDA | $ | 5,013 |  | $ | 9,935 |  | $ | 15,443 |  | $ | 23,560
Corporate expenses |  | (2,953) |  |  | (2,487) |  |  | (5,709) |  |  | (5,142)
Consolidated Adjusted EBITDA |  | 2,060 |  |  | 7,448 |  |  | 9,734 |  |  | 18,418
Stock-based compensation |  | (1,346) |  |  | (1,368) |  |  | (3,513) |  |  | (4,265)
Restructuring costs |  | - |  |  | (1,726) |  |  | (1,984) |  |  | (2,307)
Headquarters moving costs |  | (55) |  |  | - |  |  | (55) |  |  | -
Impaired asset |  | - |  |  | (928) |  |  | - |  |  | (928)
Depreciation |  | (1,016) |  |  | (913) |  |  | (1,967) |  |  | (2,005)
Amortization |  | (1,098) |  |  | (1,071) |  |  | (2,196) |  |  | (2,142)
Income (loss) from operations |  | (1,455) |  |  | 1,442 |  |  | 19 |  |  | 6,771
Interest income |  | 263 |  |  | 301 |  |  | 553 |  |  | 589
Interest expense |  | (156) |  |  | (328) |  |  | (333) |  |  | (669)
Income (loss) before income taxes |  | (1,348) |  |  | 1,415 |  |  | 239 |  |  | 6,691
Income tax provision |  | 272 |  |  | (541) |  |  | (134) |  |  | (966)
Net income (loss) | $ | (1,076) |  | $ | 874 |  | $ | 105 |  | $ | 5,725
Schedule Of Revenue Disaggregated By Category | The following table presents our revenue disaggregated by geographic region (in thousands).
| Quarter Ended |  | Two Quarters Ended
|  | February 28, |  |  | February 29, |  |  | February 28, |  |  | February 29,
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024
Americas | $ | 50,728 |  | $ | 51,399 |  | $ | 108,458 |  | $ | 107,756
Asia Pacific |  | 5,037 |  |  | 5,757 |  |  | 11,600 |  |  | 12,978
Europe/Middle East/Africa |  | 3,847 |  |  | 4,180 |  |  | 8,640 |  |  | 9,002
| $ | 59,612 |  | $ | 61,336 |  | $ | 128,698 |  | $ | 129,736
‎ The following table presents our revenue disaggregated by type of service (in thousands).
Quarter Ended |  | Services and |  |  |  |  |  |  |  |  | Leases and |  |  |
February 28, 2025 |  | Products |  |  | Subscriptions |  |  | Royalties |  |  | Other |  |  | Consolidated
Enterprise Division: |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 11,953 |  | $ | 22,282 |  | $ | 285 |  | $ | - |  | $ | 34,520
International direct offices |  | 3,705 |  |  | 2,460 |  |  | 36 |  |  | - |  |  | 6,201
International licensees |  | 68 |  |  | 336 |  |  | 2,426 |  |  | - |  |  | 2,830
|  | 15,726 |  |  | 25,078 |  |  | 2,747 |  |  | - |  |  | 43,551
Education practice |  | 3,605 |  |  | 10,090 |  |  | 1,370 |  |  | - |  |  | 15,065
Corporate and eliminations |  | - |  |  | - |  |  | 38 |  |  | 958 |  |  | 996
Consolidated | $ | 19,331 |  | $ | 35,168 |  | $ | 4,155 |  | $ | 958 |  | $ | 59,612
Quarter Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |
February 29, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 11,954 |  | $ | 23,336 |  | $ | 264 |  | $ | - |  | $ | 35,554
International direct offices |  | 4,634 |  |  | 2,596 |  |  | 33 |  |  | - |  |  | 7,263
International licensees |  | 86 |  |  | 324 |  |  | 2,371 |  |  | - |  |  | 2,781
|  | 16,674 |  |  | 26,256 |  |  | 2,668 |  |  | - |  |  | 45,598
Education practice |  | 3,932 |  |  | 9,508 |  |  | 1,249 |  |  | - |  |  | 14,689
Corporate and eliminations |  | - |  |  | - |  |  | 313 |  |  | 736 |  |  | 1,049
Consolidated | $ | 20,606 |  | $ | 35,764 |  | $ | 4,230 |  | $ | 736 |  | $ | 61,336
Two Quarters Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |
February 28, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 28,219 |  | $ | 45,819 |  | $ | 619 |  | $ | - |  | $ | 74,657
International direct offices |  | 9,331 |  |  | 5,031 |  |  | 78 |  |  | - |  |  | 14,440
International licensees |  | 130 |  |  | 615 |  |  | 5,288 |  |  | - |  |  | 6,033
|  | 37,680 |  |  | 51,465 |  |  | 5,985 |  |  | - |  |  | 95,130
Education practice |  | 8,352 |  |  | 20,560 |  |  | 2,617 |  |  | - |  |  | 31,529
Corporate and eliminations |  | - |  |  | - |  |  | 351 |  |  | 1,688 |  |  | 2,039
Consolidated | $ | 46,032 |  | $ | 72,025 |  | $ | 8,953 |  | $ | 1,688 |  | $ | 128,698
Two Quarters Ended |  |  |  |  |  |  |  |  |  |  |  |  |  |
February 29, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Enterprise Division: |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America | $ | 27,751 |  | $ | 47,478 |  | $ | 618 |  | $ | - |  | $ | 75,847
International direct offices |  | 10,963 |  |  | 4,953 |  |  | 77 |  |  | - |  |  | 15,993
International licensees |  | 316 |  |  | 657 |  |  | 5,231 |  |  | - |  |  | 6,204
|  | 39,030 |  |  | 53,088 |  |  | 5,926 |  |  | - |  |  | 98,044
Education practice |  | 7,666 |  |  | 19,265 |  |  | 2,649 |  |  | - |  |  | 29,580
Corporate and eliminations |  | - |  |  | - |  |  | 626 |  |  | 1,486 |  |  | 2,112
Consolidated | $ | 46,696 |  | $ | 72,353 |  | $ | 9,201 |  | $ | 1,486 |  | $ | 129,736

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