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Divestiture
12 Months Ended
Aug. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]  
Divestiture

Note 4 – Divestiture

 

IRZ Consulting, LLC

On August 27, 2021, the Company completed the divestiture of ownership interests in IRZ Consulting, LLC (“IRZ”). Proceeds from the sale totaled $3.4 million, which consisted of (i) $1.3 million in cash and (ii) $2.1 million in short-term notes. A gain of $1.1 million was recorded in general and administrative expense on the consolidated statement of earnings in the year ended August 31, 2021.