Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.22.2
Property and Equipment
9 Months Ended
May 31, 2022
Property and Equipment  
Property & Equipment

10. Property & Equipment

 

Nine Months Ended

 

Cost

 

 

Period Amortization

 

 

Additions

 

 

Accumulated Amortization

 

 

Net Balance

May 31, 2022

 

May 31, 2022

 

$

 

 

 $

 

 

$

 

 

 $

 

 

$

 

Leasehold improvements

 

 

259,981

 

 

 

(40,528 )

 

 

-

 

 

 

(181,176 )

 

 

78,805

 

Computers

 

 

63,964

 

 

 

(8,691 )

 

 

6,817

 

 

 

(60,241 )

 

 

10,540

 

Furniture fixtures & equipment

 

 

31,126

 

 

 

(4,813 )

 

 

-

 

 

 

(21,233 )

 

 

9,893

 

Lab equipment

 

 

291,235

 

 

 

(19,874 )

 

 

42,375

 

 

 

(89,417 )

 

 

244,193

 

 

 

 

646,306

 

 

 

(73,906 )

 

 

49,192

 

 

 

(352,067 )

 

 

343,431

 

  

For the nine months ended May 31, 2022, amortization of $1,339 (May 31, 2021 - $9,325) was included in the cost of goods sold.

  

Year Ended

 

Cost

 

 

Period Amortization

 

 

Disposal

 

 

Accumulated Amortization

 

 

Net Balance

August 31, 2021

 

August 31, 2021

 

$

 

 

 $

 

 

$

 

 

$

 

 

$

 

Leasehold improvements

 

 

259,981

 

 

 

(54,038 )

 

 

-

 

 

 

(140,648 )

 

 

119,333

 

Computers

 

 

63,964

 

 

 

(19,681 )

 

 

-

 

 

 

(51,550 )

 

 

12,414

 

Furniture fixtures & equipment

 

 

34,220

 

 

 

(6,417 )

 

 

(3,094 )

 

 

(16,420 )

 

 

14,706

 

Lab equipment

 

 

291,235

 

 

 

(35,008 )

 

 

-

 

 

 

(69,475 )

 

 

221,760

 

 

 

 

649,400

 

 

 

(115,144 )

 

 

(3,094 )

 

 

(278,093 )

 

 

368,213