Quarterly report pursuant to Section 13 or 15(d)

STOCKHOLDERS' EQUITY (Tables)

v3.20.2
STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
May 31, 2020
Stockholders' Equity Note [Abstract]  
Schedule of assumptions used
The following table summarizes the assumptions the Company utilized to record compensation expense for stock options granted during the nine months ended May 31, 2020 and May 31, 2019:
  Nine Months Ended
  May 31, 2020 May 31, 2019
Expected term in years
5.3 – 5.9
1-3
Expected volatility
64% – 120%
69% – 87%
Risk-free interest rate
0.3% – 1.7%
2.3% – 3.0%
Expected dividend yield 0.0% 0.0%
Schedule of stock option activity
The following table summarizes the Company's stock option activity during the nine months ended May 31, 2020:
Stock
Options
Weighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term (years)
Aggregate
Intrinsic
Value
Balance Outstanding, August 31, 2019 14,761    $ 4.89    9.0 $ 3,192   
Granted 3,667    2.24   

Exercised (9)   2.06    $ 14   
Forfeited (7,051)   4.74   

Balance Outstanding, May 31, 2020 11,368    $ 4.10    8.4 $ 358   
Vested and expected to vest at May 31, 2020 10,187    4.13    8.3 $ 285   
Exercisable, May 31, 2020 5,998    $ 4.40    7.9 $ 26