v3.21.1
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Feb. 28, 2021
Feb. 29, 2020
Cash flows used in operating activities    
Net loss from continuing operations $ (294,931) $ (1,986,439)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 66,041 456,707
Depreciation and amortization 55,859 55,794
Inventory write-off 2,482 0
Bad debt expense 37,000  
Noncash right of use lease expense 17,614  
Gain on disposal of assets (1,522,704)  
Unrealized loss on marketable securities 16,952 40,591
Warrants issued for services   70,752
Change in working capital    
Accounts receivable (69,264) 167,571
Inventory (16,883) 3,108
Prepaid expenses and deposits (181,651) 4,170
Accounts payable and accrued liabilities 59,574 (74,721)
Due to related parties 148,102 (46,496)
Operating lease liability (17,693)  
Deferred revenue (43,255)  
Net cash used in operating activities (1,742,757) (1,308,963)
Cash flows used in investing activities    
Intellectual property (8,766) (5,711)
Disposal of Asset 273,375  
Net cash used in investing activities 264,609 (5,711)
Cash flows from financing activities    
Repayment of loan payable (23,163)  
Proceeds from issuance of equity 9,471,495 827,020
Net cash from financing Activities 9,448,332 827,020
Net cash from discontinued operations 83,000 (57,508)
Net Change in cash for the period 8,053,184 (545,162)
Cash at beginning of period 1,293,749 1,285,147
Cash at end of period 9,346,933 739,985
Supplemental information of cash flows:    
Income taxes paid in cash 3,540 $ 957
Non-cash consideration on asset disposal $ 1,171,599  

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