Post-effective amendment to a registration statement that is not immediately effective upon filing

Property & Equipment

v3.20.4
Property & Equipment
3 Months Ended 12 Months Ended
Nov. 30, 2020
Aug. 31, 2020
Proceeds from Sale of Property, Plant, and Equipment [Abstract]    
Property & Equipment

10.      Property & Equipment
 

 

 

Cost

 

 

Period Amortization

 

 

Disposal

 

 

Accumulated Amortization

 

 

Net Balance

November 30, 2020

 

Quarter Ended November 30, 2020

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Leasehold improvements

 

 

259,981

 

 

 

(13,509 )

 

 

 

 

 

(100,120 )

 

 

159,861

 

Computers

 

 

63,964

 

 

 

(4,920 )

 

 

 

 

 

(36,789 )

 

 

27,175

 

Furniture fixtures equipment

 

 

34,220

 

 

 

(1,604 )

 

 

(3,094 )

 

 

(11,608 )

 

 

19,518

 

Lab equipment

 

 

291,235

 

 

 

(10,967 )

 

 

 

 

 

(45,434 )

 

 

245,801

 

 

 

 

649,400

 

 

 

(31,001 )

 

 

(3,094 )

 

 

(193,951 )

 

 

452,355

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

 

Period Amortization

 

 

Accumulated Amortization

 

 

Net Balance

August 31, 2020

 

Year Ended August 31, 2020

 

$

 

 

$

 

 

$

 

 

$

 

Leasehold improvements

 

 

259,981

 

 

 

(53,268 )

 

 

(86,610 )

 

 

173,371

 

Computers

 

 

63,964

 

 

 

(19,681 )

 

 

(31,869 )

 

 

32,095

 

Furniture fixtures equipment

 

 

34,220

 

 

 

(7,036 )

 

 

(13,097 )

 

 

21,123

 

Lab equipment

 

 

291,235

 

 

 

(27,921 )

 

 

(34,467 )

 

 

256,768

 

 

 

 

649,400

 

 

 

(107,906 )

 

 

(166,043 )

 

 

483,357

 

 

During the three month period ended November 30, 2020, $4,790 of amortization was included in the cost of inventory.

10.         Property & Equipment
 

Year Ended August 31, 2020

 

Cost

$

 

 

 

Amortization

$

 

 

Accumulated Amortization

$

 

Net Balance

August 31, 2020

$

 

Leasehold improvements

 

 

259,981

 

 

 

(53,268 )

 

 

(86,610 )

 

173,371

 

Computers

 

 

63,964

 

 

 

(19,681 )

 

 

(31,869 )

 

32,095

 

Furniture fixtures equipment

 

 

34,220

 

 

 

(7,036 )

 

 

(13,097 )

 

21,123

 

Lab equipment

 

 

291,235

 

 

 

(27,921 )

 

 

(34,467 )

 

256,768

 

 

 

 

649,400

 

 

 

(107,906 )

 

 

(166,043 )

 

483,357

 

 

                      Net Balance  
Year Ended August 31, 2019   Cost    

 

Amortization

   

Accumulated

Amortization

   

August 31,

2019

 
    $     $     $     $  
Leasehold improvements     259,981       (33,342 )     (33,342 )     226,639  
Computers     63,964       (12,187 )     (12,187 )     51,777  
Furniture fixtures equipment     34,220       (4,205 )     (6,062 )     28,158  
Lab equipment     291,235       (6,546 )     (6,546 )     284,689  
      649,400       (56,281 )     (58,137 )     591,263  

 

During the period $1,928 of amortization was included in the cost of inventory.