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Note 9: Income Taxes: Schedule of Income Tax (Provision) Benefit Computed at Federal Rates (Tables)
12 Months Ended
Aug. 31, 2014
Tables/Schedules  
Schedule of Income Tax (Provision) Benefit Computed at Federal Rates

 

   

 

 

 

Years Ended August 31,

 

 

 

2014

 

 

2013

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

Income tax benefit at federal statutory rate

 

$

2,428,000

 

 

$

2,805,000

 

 

$

2,706,000

 

Stock-based compensation

 

 

(287,000

)

 

 

(335,000

)

 

 

(324,000

)

State income taxes, net of federal benefit

 

 

236,000

 

 

 

272,000

 

 

 

263,000

 

Research and development credit

 

 

99,000

 

 

 

106,000

 

 

 

88,000

 

Change in valuation allowance

 

 

(2,480,000

)

 

 

(2,905,000

)

 

 

(3,000,000

)

Other

 

 

    2,000

 

 

     55,062

 

 

 

266,012

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(2,000

)

 

$

(1,938

)

 

$

(988

)