v3.22.2.2
PROPERTY AND EQUIPMENT, NET (Tables)
12 Months Ended
Aug. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of property and equipment

 

Property and equipment consist of office furniture, equipment and vehicles. Property and equipment are depreciated using the straight-line method over their estimated useful life of 3-20 years. Following is an analysis of property and equipment at August 31, 2022 and 2021:

   2022   2021 
Furniture and office equipment  $75,606   $75,606 
Vehicles   124,092    124,092 
Computers and software   48,711    48,711 
Field equipment   71,396    71,396 
           
Total cost basis   319,805    319,805 
Less: accumulated depreciation   (295,951)   (288,970)
           
Property and equipment, net  $23,853   $30,834