v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
May 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Current assets      
Cash and cash equivalents $ 81,016 $ 152,985 $ 779,049
Accounts receivable 59,495 62,914 44,130
Inventories 435,021 460,047 630,478
Deposit, prepayments and other receivables 82,182 114,806 617,507
Total current assets 657,714 790,752 2,071,164
Non-current assets      
Property, plant and equipment, net 278,951 357,778 463,387
Operating lease right-of-use assets 138,640 199,647 271,021
Deferred offering cost 3,210,094 449,576
Technology-related intangible assets, net 48,774,101 51,481,358 76,218,786
Total non-current assets 52,401,786 52,488,359 76,953,194
TOTAL ASSETS 53,059,500 53,279,111 79,024,358
Current liabilities      
Accounts payable and accruals 282,062 267,900 170,888
Other payables 164,411 95,831 27,487
Deferred revenue 16,014 10,012 440,069
Hire purchase creditor 7,075 8,758 9,224
Amounts due to shareholders 2,174,737 1,202,692 232,095
Operating lease liabilities 97,619 99,445 84,879
Total current liabilities 2,741,918 1,684,638 964,642
Non-current liabilities      
Hire purchase creditor 4,320 10,531
Operating lease liabilities 46,870 108,891 198,163
Total non-current liabilities 46,870 113,211 208,694
TOTAL LIABILITIES 2,788,788 1,797,849 1,173,336
Commitments and contingencies (Note 14)
Shareholders’ equity      
Common stock, 250,000,000 authorized; $0.001 par value, 25,685,591 and 25,577,734 shares issued and outstanding as at August 31, 2024 and August 31, 2023 27,181 [1] 25,686 [1],[2] 25,578 [2]
Additional paid in capital 97,492,063 91,513,818 90,447,874
Shares to be issued   1,066,052
Accumulated other comprehensive loss (129,114) (48,827) (17,036)
Accumulated deficit (46,280,904) (39,401,857) (13,523,266)
Non-controlling interest (838,514) (607,558) (148,180)
Total shareholders’ equity 50,270,712 51,481,262 77,851,022
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 53,059,500 $ 53,279,111 $ 79,024,358
[1] Retroactively restated to reflect 1-for-4 share consolidation effective on September 11, 2024.
[2] Retroactively presented to reflect 1-for-4 reverse stock split effective on September 11, 2024.