Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Feb. 29, 2024
Feb. 28, 2023
Cash flows used in operating activities    
Net loss $ (1,837,771) $ (3,079,944)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 53,953 79,302
Depreciation and amortization 44,709 49,459
Impairment loss 23,507 0
Noncash lease expense 17,449 20,397
Unrealized loss on marketable securities 37,942 79,631
Lease accretion 2,840 (511)
Change in operating assets and liabilities    
Accounts receivable (230,404) 64,988
Inventory 0 33,713
Prepaid expenses and deposits 279,987 257,170
Long-term receivables 9,065 0
Accounts payable and accrued liabilities (184,622) 38,327
Operating lease liability (17,922) (20,397)
Deferred revenue 0 4,275
Net cash used in operating activities (1,801,267) (2,473,590)
Cash flows used in investing activities    
Additions in Intellectual property (97,016) (33,778)
Purchase of equipment 0 (33,748)
Net cash used in investing activities (97,016) (67,526)
Cash flows from financing activities    
Proceeds from shares sold for cash 4,208,731 0
Proceeds from exercise of warrants 1,063,475 0
Net cash from financing activities 5,272,206 0
Effect of exchange rate changes on cash (20,626) 0
Net change in cash for the period 3,353,297 (2,541,116)
Cash at beginning of period 1,352,102 5,813,218
Cash at end of period $ 4,705,399 $ 3,272,102