Net Loss Per Share

9 Months Ended

May 31, 2022

Earnings Per Share [Abstract]

Net Loss Per Share

(8)Net Loss Per Share

The Company calculates basic earnings per share by dividing the net income (loss) by the weighted average number of shares of common stock outstanding for the period. The diluted earnings per share is computed by assuming the exercise, settlement, and vesting of all potential dilutive common stock equivalents outstanding for the period using the treasury stock method.

The following table sets forth a reconciliation of the numerator and denominator used to compute basic earnings per share of common stock.

	Three Months Ended May 31,						Nine Months Ended May 31,
	2022			2021			2022			2021
Numerator
Net loss	$	(5,764	)	$	(357	)	$	(5,951	)	$	(11,372	)
Denominator
Weighted average shares of common stock - basic and diluted		132,523,919			131,613,003			132,131,077			130,992,672
Net loss per share - basic and diluted	$	(0.04	)	$	(0.00	)	$	(0.05	)	$	(0.08	)

As of May 31, 2022, and 2021, 1,505,492 and 2,405,177, respectively, shares outstanding of potential common stock, using of the treasury stock method, were excluded from the computation of diluted weighted-average shares of common stock outstanding because their effect would have been antidilutive.