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7. SHAREHOLDERS' EQUITY (Details Narrative) | 3 Months Ended | 9 Months Ended
--- | --- | ---
May 31, 2020 USD ($) shares | May 31, 2020 USD ($) shares
Stock Options [Member] |  |
Weighted average remaining contractual life |  | 6 years 10 months 25 days
Fair value of non-vested options | $ | $ 17,328,000 | $ 17,328,000
Fair value amortization period |  | 3 years 5 months 16 days
Non-managment Directors [Member] |  |
Stock issued for compensation, shares | shares | 1,905 | 6,175
Stock issued for compensation, value | $ | $ 72,483 | $ 217,382
2017 Equity Incentive Plan [Member] |  |
Common stock reserved for issuance under the plan | shares | 1,000,000 | 1,000,000
Equity plan termination date |  | Dec. 31, 2026

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