v3.20.4
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended
Nov. 30, 2020
Nov. 30, 2019
Cash flows used in operating activities    
Net loss and comprehensive loss $ (710,121) $ (924,762)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 48,887 162,414
Depreciation and amortization (Note 8, 9, 10) 27,929 27,512
Inventory write-off (Note 8) 1,765  
Bad debt expense 12,000  
Noncash right of use lease expense 8,727  
Unrealized loss on marketable securities (24,410) 41,574
Unrealized foreign exchange 182  
Warrants issued for services   70,752
Change in working capital    
Accounts receivable (230,405) 155,010
Inventory (6,067) (6,160)
Prepaid expenses and deposits 46,079 (27,140)
Accounts payable and accrued liabilities (3,825) (43,382)
Due to related parties 28,481 (10,896)
Operating lease liability (8,767)  
Deferred revenue (8,755)  
Net cash used in operating activities (818,300) (555,079)
Cash flows used in investing activities    
Intellectual property (5,775) (5,710)
Property & equipment 0 0
Net cash used in investing activities (5,775) (5,710)
Cash flows from financing activities    
Proceeds from issuance of equity   706,704
Net cash from financing activities   706,704
Net cash from discontinued operations 55,667 (97,742)
Net Change in cash and cash equivalents for the period (768,408) 48,174
Cash and cash equivalents, beginning of period 1,293,749 1,285,147
Cash and cash equivalents, end of period 525,341 1,333,321
Supplemental information of cash flows:    
Income taxes paid in cash $ 3,540 957
Subscription Receivable   $ 110,025

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