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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME Unaudited - USD ($)
3 Months Ended 6 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 28, 2022
Feb. 28, 2021
Service revenue $ 896,420 $ 930,699 $ 2,030,571 $ 2,054,676
Cost of revenue 151,311 91,899 268,874 182,212
Gross Margin 745,109 838,800 1,761,697 1,872,464
Operating expenses        
General and administrative 314,941 164,395 465,566 323,943
Sales and marketing 251,875 340,954 667,685 643,428
Product development 367,311 337,392 625,734 635,480
Depreciation and amortization 26,574 26,400 53,746 50,715
Total Operating Expenses 960,701 869,141 1,812,731 1,653,566
Income (loss) from operations (215,592) (30,341) (51,034) 218,898
Other income        
Interest income 1,964 875 3,007 2,338
Gain on disposal of assets 11,018 0 11,018 0
Net income (loss) $ (202,610) $ (29,466) $ (37,009) $ 221,236
Net income (loss) per common share, basic and diluted (in dollars per share) $ (0.02) $ (0.00) $ (0.00) $ 0.02
Weighted average common shares outstanding:        
Basic and diluted (in shares) 10,208,956 10,629,438 10,259,374 10,665,834
Hosting costs [Member]        
Cost of revenue $ 45,611 $ 29,667 $ 87,795 $ 59,709
Internal engineering support [Member]        
Cost of revenue 13,812 7,296 22,212 13,623
Customer support [Member]        
Cost of revenue 78,266 41,343 125,869 77,195
Third party and transaction costs [Member]        
Cost of revenue $ 13,622 $ 13,593 $ 32,998 $ 31,685