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Commitments, Significant Contracts and Contingencies (Tables)

9 Months Ended

May 31, 2023

Commitments, Significant Contracts and Contingencies

Schedule of operating lease liabilities

2023 (three-months remaining)		$	11,204
2024			35,840
2025			37,094
2026			37,345
Thereafter			84,026
Total lease payments		$	205,509
Less: imputed interest			(30,605	)
Present value of operating lease liabilities		$	174,904
Less: current obligations under leases			(32,317	)
Total		$	142,587

Schedule of maturities of operating lease liabilities

		May 31, 2023				August 31, 2022
Right of use assets - operating leases		$	52,444			$	91,041
Remeasurement related to lease extension			156,565
Amortization			(30,882	)			(38,597	)
Total lease assets		$	178,127			$	52,444

Liabilities:		$	49,989			$	89,393
Remeasurement related to lease extension			156,565
Lease payments			(33,610	)			(44,600	)
Interest accretion			1,961				5,195
Total lease liabilities		$	174,905			$	49,988

Operating lease cost		$	178,127			$	52,444
Operating cash flows for lease		$	33,610			$	44,599
Remaining lease term			5.42 Years				1.17 Years
Discount rate			7.25	%			7.25	%