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Note 9: Income Taxes: Schedule of Income Tax (Provision) Benefit Computed at Federal Rates (Tables)
12 Months Ended
Aug. 31, 2013
Tables/Schedules  
Schedule of Income Tax (Provision) Benefit Computed at Federal Rates

 

 

Years Ended August 31,

 

2013

2012

2011

 

 

 

 

Income tax benefit at federal statutory rate

$     2,805,000

$     2,706,000

$     1,797,000

Stock-based compensation

(335,000)

(324,000)

(249,000)

State income taxes, net of federal benefit

272,000

263,000

174,000

Research and development credit

106,000

88,000

102,000

Change in valuation allowance

(2,905,000)

(3,000,000)

(1,688,000)

Other

55,062

266,012

(136,800)

 

 

 

 

 

$           (1,938)

$              (988)

$              (800)