Fair Value Measurements (Tables)

3 Months Ended

Nov. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value

The following table presents the Company’s financial assets and liabilities measured at fair value, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of November 30, 2021, November 30, 2020, and August 31, 2021. There were no transfers between any levels for the periods presented.

	November 30, 2021
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	84,719	$	—	$	—		$	84,719
Marketable securities:
Corporate bonds		—		26,503		—			26,503
U.S. treasury securities		—		3,692		—			3,692
	November 30, 2020
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	126,802	$	—	$	—		$	126,802
Marketable securities:
Corporate bonds		—		14,564		—			14,564
U.S. treasury securities		—		5,060		—			5,060
Earn-out liability		—		—		(1,112	)		(1,112	)
	August 31, 2021
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	127,107	$	—	$	—		$	127,107
Marketable securities:
Corporate bonds		—		15,484		—			15,484
U.S. treasury securities		—		4,120		—			4,120
Earn-out liability		—		—		(250	)		(250	)