v3.26.1
Commitments and Contingencies (Tables)
6 Months Ended
Feb. 28, 2026
Commitments and Contingencies Disclosure [Abstract]  
Schedule of balance sheet information related to leases

Balance sheet information related to the Company’s leases is presented below:

 

 

 

February 28, 2026

 

 

August 31, 2025

 

Assets

 

 

 

 

 

 

Operating lease right of use assets

 

$

1,047

 

 

$

1,141

 

Liabilities

 

 

 

 

 

 

Operating lease liabilities, current

 

$

127

 

 

$

145

 

Operating lease liabilities, less current portion

 

 

920

 

 

 

996

 

Total

 

$

1,047

 

 

$

1,141

 

Schedule of lease expenses and related cash flows

The following provides details of the Company’s lease expenses:

 

 

 

Three Months Ended

 

 

 

February 28, 2026

 

 

February 28, 2025

 

Operating lease expenses, net

 

$

41

 

 

$

34

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

February 28, 2026

 

 

February 28, 2025

 

Operating lease expenses, net

 

$

81

 

 

$

72

 

 

Other information related to leases is presented below:

 

 

 

Six Months Ended

 

 

 

February 28, 2026

 

 

February 28, 2025

 

Cash Paid for amounts Included In Measurement of Liabilities:

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

81

 

 

$

72

 

Weighted Average Remaining Lease Term:

 

 

 

 

 

 

Operating leases

 

13.80 years

 

 

14.08 years

 

Weighted Average Discount Rate

 

 

 

 

 

 

Operating leases

 

 

1.76

%

 

 

1.76

%

Schedule of aggregate future noncancelable minimum rental payments for the operating leases

The aggregate future noncancelable minimum rental payments for the Company’s operating leases as of February 28, 2026 consisted of the following (in thousands):

 

 

 

Operating

 

Years Ending August 31,

 

Leases

 

Remainder of 2026

 

$

80

 

2027

 

 

105

 

2028

 

 

84

 

2029

 

 

84

 

2030

 

 

76

 

Thereafter

 

 

748

 

Total future minimum lease payments, undiscounted

 

 

1,177

 

Less: Imputed interest

 

 

(130

)

Present value of future minimum lease payments

 

$

1,047