Quarterly report pursuant to Section 13 or 15(d)

Commitments Significant Contracts and Contingencies (Tables)

v3.22.4
Commitments Significant Contracts and Contingencies (Tables)
3 Months Ended
Nov. 30, 2022
Commitments Significant Contracts and Contingencies  
Schedule of operating lease liabilities

Fiscal 2023

 

 

33,611

 

Fiscal 2024

 

 

7,470

 

Thereafter

 

 

-

 

Total lease payments

 

 

41,081

 

Less: imputed interest

 

 

(1,452 )

Present value of operating lease liabilities

 

 

39,629

 

Less: current obligations under leases

 

 

(39,629 )

Total

 

 

-

 

Schedule of maturities of operating lease liabilities

November 30,

2022

 

 

August 31,

2022

 

 

 

$

 

 

$

Right of use assets - operating leases

52,444 91,041

Amortization

(10,104 ) (38,597 )

Total lease assets

42,340 52,444

Liabilities:

49,989 89,393

Lease payments

(11,204 ) (44,600 )

Interest accretion

844 5,195

Total lease liabilities

39,629 49,988

Operating lease cost

52,444 52,444

Operating cash flows for lease

11,204 44,599

Remaining lease term

0.9 Years

1.17 Years

Discount rate

7.25 % 7.25 %