Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM OBLIGATIONS AND OPERATING LEASE (Tables)

v3.20.4
LONG-TERM OBLIGATIONS AND OPERATING LEASE (Tables)
3 Months Ended
Nov. 30, 2020
LONG-TERM OBLIGATIONS AND OPERATING LEASE [Abstract]  
ROU Lease Assets and Lease Liabilities
ROU lease assets and lease liabilities for the Company’s operating leases were recorded in the condensed consolidated balance sheet as follows:

   
As of November 30, 2020
   
As of August 31, 2020
 
   
(In thousands)
 
Operating leases - right of use assets
 
$
178
   
$
196
 
                 
Accrued liabilities
 
$
78
   
$
74
 
Lease obligations - operating leases, net of current portion
   
100
     
120
 
Total lease liability
 
$
178
   
$
194
 
                 
Weighted average remaining lease term (in years)
   
2
     
2
 
Weighted average discount rate
   
6
%
   
6
%