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Commitments, Significant Contracts and Contingencies (Tables)
3 Months Ended
Nov. 30, 2023
Commitments, Significant Contracts and Contingencies  
Schedule of operating lease liabilities

 

 

November 30, 2023

 

 

August 31, 2023

 

Right of use assets - operating leases

 

$167,446

 

 

$52,444

 

Amortization

 

 

(10,881)

 

 

(41,564)
Extension-related remeasurement

 

 

-

 

 

 

156,566

 

Total lease assets

 

$156,565

 

 

$167,446

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

$163,967

 

 

$49,988

 

Lease payments

 

 

(8,963)

 

 

(44,814)
Interest accretion

 

 

67

 

 

 

2,227

 

Extension-related remeasurement

 

 

-

 

 

 

156,566

 

Total lease liabilities

 

$155,071

 

 

$163,967

 

 

 

 

 

 

 

 

 

 

Operating lease cost

 

$156,565

 

 

$167,446

 

Operating cash flows for lease

 

$8,963

 

 

$44,814

 

Remaining lease term

 

4.92 Years

 

 

5.17 Years

 

Discount rate

 

 

7.25%

 

 

7.25%
Schedule of maturities of operating lease liabilities

2024

 

 

26,878

 

2025

 

 

37,094

 

2026

 

 

37,345

 

2027

 

 

38,642

 

2028

 

 

38,901

 

2029

 

 

6,483

 

Thereafter

 

 

-

 

Total lease payments

 

 

185,343

 

Less: imputed interest                                                            

 

 

(30,272)

Present value of operating lease liabilities

 

 

155,071

 

Less: current obligations under leases

 

 

(25,554)

Total

 

 

129,517