XML 37 R19.htm IDEA: XBRL DOCUMENT
v3.24.4

Commitments Significant Contracts and Contingencies | 3 Months Ended
--- | ---
Nov. 30, 2024
Commitments Significant Contracts and Contingencies |
Commitments, Significant Contracts and Contingencies | 13. Commitments, Significant Contracts and Contingencies Right-of-Use Assets - Operating Lease The corporate office and R&D laboratory are located in Kelowna, British Columbia, Canada. The related lease was renewed until November 15, 2028. In addition to minimum lease payments, the lease requires us to pay property taxes and other operating costs which are subject to annual adjustments.
|  | November 30, 2024 |  |  | August 31, 2024 |
|  | $ |  |  | $ |
Right of use assets - operating leases |  |  | 156,748 |  |  |  | 167,446 |
Amortization |  |  | (28,723 | ) |  |  | (32,603 | )
Total lease assets |  |  | 128,025 |  |  |  | 134,843 |
Liabilities: |  |  | 156,748 |  |  |  | 163,967 |
Lease payments |  |  | (37,456 | ) |  |  | (33,273 | )
Interest accretion |  |  | 11,440 |  |  |  | 6,672 |
Total lease liabilities |  |  | 130,732 |  |  |  | 137,366 |
Operating lease cost |  |  | 128,026 |  |  |  | 134,843 |
Operating cash flows for lease |  |  | (37,456 | ) |  |  | (33,273 | )
Remaining lease term |  | 3.96 Years |  |  | 4.21 Years |
Discount rate |  |  | 7.25 | % |  |  | 7.25 | %
Pursuant to the terms of the Company’s lease agreements in effect, the following table summarizes the Company’s maturities of operating lease liabilities as of November 30, 2024:
2024 |  | $ | - |
2025 |  |  | 28,009 |
2026 |  |  | 37,345 |
2027 |  |  | 38,641 |
2028 |  |  | 38,901 |
2029 |  |  | 8,104 |
Thereafter |  |  | - |
Total lease payments |  |  | 151,000 |
Less: imputed interest |  |  | (20,268 | )
Present value of operating lease liabilities |  |  | 130,732 |
Less: current obligations under leases |  |  | (28,812 | )
Total |  | $ | 101,920 |

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 405 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/405-30/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/450/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 440 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478522/954-440-50-1 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482648/440-10-50-4 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 440 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/440/tableOfContent + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration