Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY, Combined Activity and Value of Non-vested Options (Details)

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SHAREHOLDERS' EQUITY, Combined Activity and Value of Non-vested Options (Details) - USD ($)
 3 Months Ended
Nov. 30, 2018
Nov. 30, 2017
Stock Options, Additional Disclosure [Abstract]    
Share-based compensation expense $ 103,476 $ 80,193
2004 Incentive Plan and 2014 Equity Plan [Member]    
Number of Options [Roll Forward]    
Non-vested options outstanding, beginning of period (in shares) 155,833  
Granted (in shares) [1] 50,000  
Vested (in shares) (53,334)  
Forfeited (in shares) 0  
Non-vested options outstanding, end of period (in shares) 152,499  
Weighted Average Grant Date Fair Value [Abstract]    
Non-vested options outstanding, beginning of period (in dollars per share) $ 3.76  
Granted (in dollars per share) 5.72  
Vested (in dollars per share) 3.41  
Forfeited (in dollars per share) 0  
Non-vested options outstanding, end of period (in dollars per share) $ 4.53  
Stock Options, Additional Disclosure [Abstract]    
Share-based compensation expense $ 103,500 $ 80,200
Unrecognized expenses $ 477,100  
Weighted-average period for options expected to vest 2 years  
[1] Includes 50,000 shares granted to Mr. Harding on September 26, 2018.