Note 9: Income Taxes: Schedule of Deferred Tax Assets (Liabilities) (Tables)

12 Months Ended

Aug. 31, 2012

Tables/Schedules

Schedule of Deferred Tax Assets (Liabilities)

	·       August 31,
	2012	2011
Current Asset:
Accruals and reserves	$         19,000	$         21,000
Deferred revenue	76,000	87,000
Inventories	71,000	85,000
Research and development and other tax credits	1,680,000	1,651,000
Net operating loss carryforwards	8,848,000	5,903,000
Valuation allowance	(10,694,000)	(7,747,000)
	$                   -	$                   -
Long-Term Asset:
Deferred compensation	$      550,000	$      505,000
Long-Term Liability:
Depreciation and amortization	(1,000)	(9,000)
Valuation allowance	(549,000)	(496,000)
	$                  -	$                  -