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

12 Months Ended

Aug. 31, 2014

Tables/Schedules

Schedule of Deferred Tax Assets (Liabilities)

	August 31,
	2014		2013
Current Asset:
Accruals and reserves	$	62,000	$	26,000
Deferred revenue		33,000		266,000
Inventories		90,000		68,000
Valuation allowance		(185,000)		(360,000)
	$	-	$	-
Long-Term Asset (Liability):
Deferred compensation	$	601,000	$	601,000
Research and development and other tax  credits		1,896,000		1,804,000
Net operating loss carryforwards		13,938,000		11,380,000
Depreciation and amortization		8,000		3,000
Valuation allowance		(16,443,000)		(13,788,000)
	$	-	$	-