Common Shares, Warrants and Options (Detail Narrative) |
6 Months Ended |
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Feb. 28, 2023
USD ($)
$ / shares
shares
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Common Shares, Warrants and Options | |
Number of stock options, granted | 510,433 |
Description of incentives plan | The Company has established an Equity Incentive Plan whereby the board of directors may grant up to 510,433 stock options to directors, officers, employees, and consultants |
Unrecognized non-cash compensation costs | $ | $ 95,369 |
Non-vested stock options | 27,500 |
Option strike price | $ / shares | $ 4.40 |
Weighted Average Remaining Contractual Life | 4 months 13 days |
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- Definition The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Exercise or strike price stated in the contract for options indexed to the issuer's equity shares. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of terms of share-based payment arrangement. Includes, but is not limited to, type of award or grantee and reason for issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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