Loss Per Share

3 Months Ended

Nov. 30, 2020

Loss Per Share [Abstract]

Loss Per Share

NOTE 8 – LOSS PER SHARE

The following schedule shows the calculation of loss per share for the periods presented (in thousands, except per-share amounts).

	Quarter Ended
		November 30,		November 30,
		2020		2019
Numerator for basic and
diluted loss per share:
Net loss	$	(892)	$	(544)
Denominator for basic and
diluted loss per share:
Basic weighted average shares
outstanding		13,977		13,982
Effect of dilutive securities:
Stock options and other
stock-based awards		-		-
Diluted weighted average
shares outstanding		13,977		13,982
EPS Calculations:
Net loss per share:
Basic and diluted	$	(0.06)	$	(0.04)

Since we incurred a net loss for the quarter ended November 30, 2020, no potentially dilutive securities are included in the calculation of diluted loss per share for the quarter because such effect would be anti-dilutive. The number of dilutive stock options and other stock-based awards as of November 30, 2020 would have been approximately 112,000 shares.