XML 25 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Note 5 - Patents and Trademarks, Net
 9 Months Ended
May 31, 2019
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]
5.
PATENTS AND TRADEMARKS, NET
 
Patents and trademarks, net, consisted of the following:
 
      May 31, 2019       August 31, 2018  
Patents and trademarks   $
2,911,662
     $
2,824,440
  
Less accumulated amortization    
(1,863,413
 )    
(1,668,183
 )
    $
1,048,249
     $
1,156,257
  
 
Patent and trademark costs are amortized over
seven
years. Costs incurred related to patents and trademarks are capitalized until filed and approved, at which time the amounts capitalized to date are amortized, and any further costs, including maintenance costs, are expensed as incurred. Amortization expense of approximately
$260,000
is estimated for each of the next
five
fiscal years.