Quarterly report pursuant to Section 13 or 15(d)

RESTRICTED CASH

v3.21.1
RESTRICTED CASH
6 Months Ended
Feb. 28, 2021
RESTRICTED CASH [Abstract]  
RESTRICTED CASH
NOTE 2 – RESTRICTED CASH

The Company has entered into a cash-secured performance standby letter of credit agreement with its primary bank to maintain a letter of credit related to the Company's performance obligations in the ordinary course of business. As of February 28, 2021, the Company had a letter of credit outstanding of $0.3 million and has restricted cash in the same amount.