v3.20.2
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
9 Months Ended
May 31, 2020
May 31, 2019
Cash flows used in operating activities    
Net loss and comprehensive loss $ (3,312,908) $ (3,042,438)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 1,139,270 507,310
Depreciation and amortization (Note 8, 9, 10) 83,875 34,355
Inventory write-off (Note 8) 8,240  
Bad debt expense 50,000  
Realized Loss on disposal of investment (Note 20) 18,198  
Unrealized loss on marketable securities 20,937 5,808
Common shares issued for services   131,000
Warrants issued for services 168,833 52,817
Change in working capital    
Accounts receivable (30,815) (16,333)
Inventory (13,396) (101,042)
Prepaid expenses and deposits (20,013) 70,924
Accounts payable and accrued liabilities (81,284) 75,513
Due to related parties (18,501) 13,140
Deferred revenue 6,250  
Net cash used in operating activities (1,981,314) (2,268,946)
Cash flows used in investing activities    
Sale of marketable securities (Note 20) 6,802  
Intellectual property (20,007) (99,418)
Property & equipment 0 (636,661)
Net cash used in investing activities (13,205) (736,079)
Cash flows from financing activities    
Long Term Loan 28,756  
Proceeds from issuance of equity 2,714,627 3,273,683
Net cash from financing Activities 2,743,383 3,273,683
Decrease in cash and cash equivalents 748,864 268,659
Cash and cash equivalents, beginning of year 1,285,147 $ 1,727,184
Cash and cash equivalents, end of year 2,034,011  
Supplemental information of cash flows:    
Income taxes paid in cash $ (10,459)  

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