Annual report pursuant to Section 13 and 15(d)

Property & Equipment

v3.20.2
Property & Equipment
 12 Months Ended
Aug. 31, 2020
Proceeds from Sale of Property, Plant, and Equipment [Abstract]  
Property & Equipment

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.