v3.22.2.2
Commitments Significant Contracts and Contingencies (Tables)
12 Months Ended
Aug. 31, 2022
Commitments Significant Contracts and Contingencies  
Schedule of operating lease liabilities

 

 

August 31,

2022

 

 

August 31,

2021

 

 

 

$

 

 

$

 

Right of use assets - operating leases:

 

 

91,041

 

 

 

126,920

 

Amortization

 

 

(38,597 )

 

 

(35,879 )

Total lease assets

 

 

52,444

 

 

 

91,041

 

Liabilities:

 

 

89,393

 

 

 

125,431

 

Lease payments

 

 

(44,600 )

 

 

(43,950 )

Interest accretion

 

 

5,195

 

 

 

7,912

 

Total lease liabilities

 

 

49,988

 

 

 

89,393

 

 

 

 

 

 

 

 

 

 

Operating lease cost 

 

$52,444

 

 

$91,041

 

Operating cash flows for lease

 

$44,599

 

 

$43,950

 

Remaining lease term

 

1.17 Years

 

 

2.1 Years

 

Discount rate

 

 

7.25%

 

 

7.25%
Schedule of maturities of operating lease liabilities

 

 

 

$

 

2023

 

 

44,815

 

2024

 

 

7,469

 

Thereafter

 

 

-

 

Total lease payments

 

 

52,284

 

Less: imputed interest

 

 

(2,296 )

Present value of operating lease liabilities

 

 

49,988

 

Less: current obligations under leases

 

 

(42,587 )

Total

 

 

7,401