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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2022
May 31, 2021
May 31, 2022
May 31, 2021
Service revenue $ 999,282 $ 1,083,987 $ 3,029,853 $ 3,138,663
Cost of revenue 209,605 97,804 478,479 280,016
Gross Margin 789,677 986,183 2,551,374 2,858,647
Operating expenses        
General and administrative 318,995 202,878 800,173 526,822
Sales and marketing 113,172 361,411 772,163 1,004,839
Product development 326,125 326,450 944,941 961,930
Depreciation and amortization 36,313 26,673 90,059 77,388
Total Operating Expenses 794,605 917,412 2,607,336 2,570,979
Income (loss) from operations (4,928) 68,771 (55,962) 287,668
Other income        
Interest and other income 1,686 823 4,693 3,162
Gain on disposal of assets 0 0 11,018 0
Net income (loss) (3,242) 69,594 (40,251) 290,830
Foreign currency translation adjustments 28,168 149,774 (8,639) 211,897
Total comprehensive income (loss) $ 24,926 $ 219,368 $ (48,890) $ 502,727
Net income (loss) per common share        
Basic $ (0) $ 0.01 $ (0) $ 0.03
Diluted $ (0) $ 0.01 $ (0) $ 0.03
Weighted average common shares outstanding:        
Basic 10,122,261 10,426,961 10,185,320 10,428,809
Diluted 10,122,261 10,531,708 10,185,320 10,543,442
Hosting costs [Member]        
Cost of revenue $ 50,604 $ 32,582 $ 138,399 $ 92,291
Internal engineering support [Member]        
Cost of revenue 21,497 7,375 43,709 20,998
Customer support [Member]        
Cost of revenue 121,816 41,794 247,685 118,989
Third party and transaction costs [Member]        
Cost of revenue $ 15,688 $ 16,053 $ 48,686 $ 47,738