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v3.22.2.2

LEASES (Tables) | 12 Months Ended
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Aug. 31, 2022
Leases [Abstract] |
Schedule of Lease Costs | As of August 31, 2022 and 2021, we had no material finance leases. Operating lease expense is recorded on a straight-line basis over the lease term. Lease costs are as follows:
| Fiscal
| 2022 | 2021
Operating lease cost | $ | 769,806 |  | $ | 765,232 |
Variable lease cost | 187,087 |  | 176,426 |
Sublease income | (16,804) |  | (23,717) |
Total | $ | 940,089 |  | $ | 917,941 |
Schedule of Supplemental Lease Information | Supplemental information related to operating lease transactions is as follows:
| Fiscal
| 2022 | 2021
Lease liability payments | $ | 730,815 |  | $ | 753,167 |
Lease assets obtained in exchange for liabilities | 690,767 |  | 599,866 |
Schedule of Lease Maturity | The following maturity analysis presents future undiscounted cash outflows (inflows) for operating leases as of August 31, 2022:
| Lease Payments |  | Sublease Receipts
2023 | $ | 715,622 |  |  | $ | (11,815) |
2024 | 635,268 |  |  | (10,653) |
2025 | 522,103 |  |  | (8,094) |
2026 | 399,517 |  |  | (6,382) |
2027 | 328,108 |  |  | (5,603) |
Thereafter | 1,117,199 |  |  | (11,268) |
Total lease payments (receipts) | $ | 3,717,817 |  |  | $ | (53,815) |
Less interest | (447,129) |  |  |
Total lease liabilities | $ | 3,270,688 |  |  |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
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