v3.26.1
Consolidated statements of changes in equity (deficit) - USD ($)
Common shares
Pre-funded warrants
Contributed surplus
Deficit
Accumulated other comprehensive income
Total
Shareholders' equity at Aug. 31, 2024 $ 42,001,705 $ 28,252 $ 9,411,247 $ (49,929,565) $ 717,753 $ 2,229,392
Shareholders' equity (in shares) at Aug. 31, 2024 72 1        
Total comprehensive loss       (8,835,790) 333,933 (8,501,857)
Securities issuance - preferred shares converted [notes 16 and 24] $ 308,692         308,692
Securities issuance - preferred shares converted [notes 16 and 24] (in shares) 39          
Securities issuance, net of transaction costs of [note 18] $ 17,287,813 $ 562,500       17,850,313
Securities issuance, net of transaction costs of [note 18] (in shares) 2,440 1,126        
Securities issuance - pre-funded warrants converted [note 18] $ 562,500 $ (562,500)        
Securities issuance - pre-funded warrants converted [note 18] (in shares) 114 (1,126)        
Fractional securities issued due to reverse stock split [note 18] (in shares) 168          
Share-based compensation - stock options [note 19]     31,660     31,660
Share-based compensation - warrants [note 19]     348,552     348,552
Shareholders' equity at May. 31, 2025 $ 60,160,710 $ 28,252 9,791,459 (58,765,355) 1,051,686 12,266,752
Shareholders' equity (in shares) at May. 31, 2025 2,833 1        
Shareholders' equity at Aug. 31, 2025 $ 67,116,420 $ 28,252 11,785,399 (71,581,558) 1,102,489 8,451,002
Shareholders' equity (in shares) at Aug. 31, 2025 12,279 1        
Total comprehensive loss       (11,889,973) (115,459) (12,005,432)
Management fees charged to Marine Ventures LLC [note 17]     159,269     159,269
Change in derivative liabilities due to partial settlements of convertible note due to related party [notes 16 and 24]     17,578     17,578
Securities issuance, net of transaction costs of [note 18] $ 5,195,019 $ 3,812,250       9,007,269
Securities issuance, net of transaction costs of [note 18] (in shares) 299,020 31,875        
Securities issuance - pre-funded warrants converted [note 18] $ 3,812,250 $ (3,812,250)        
Securities issuance - pre-funded warrants converted [note 18] (in shares) 31,875 (31,875)        
Fractional securities issued due to reverse stock split [note 18] (in shares) 7,121          
Share-based compensation - RSUs [note 19]     49,250     49,250
Share-based compensation - stock options [note 19]     15,896     15,896
Share-based compensation - warrants [note 19]     331,191     331,191
Shareholders' equity at May. 31, 2026 $ 76,123,689 $ 28,252 $ 12,358,583 $ (83,471,531) $ 987,030 $ 6,026,023
Shareholders' equity (in shares) at May. 31, 2026 350,295 1