Fair Value Measurements (Tables)

6 Months Ended

Feb. 28, 2022

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 February 28, 2022, February 28, 2021, and August 31, 2021. There were no transfers between any levels for the periods presented.

	February 28, 2022
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	68,951	$	—	$	—		$	68,951
Marketable securities:
Corporate bonds		—		20,322		—			20,322
U.S. treasury securities		—		4,612		—			4,612
	February 28, 2021
($ in thousands)	Level 1		Level 2		Level 3			Total
Cash and cash equivalents	$	110,775	$	—	$	—		$	110,775
Marketable securities:
Corporate bonds		—		15,501		—			15,501
U.S. treasury securities		—		4,054		—			4,054
Earn-out liability		—		—		(1,098	)		(1,098	)
	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	)