XML 32 R20.htm IDEA: XBRL DOCUMENT v3.22.2.2
STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Aug. 31, 2022
Stockholders' Equity Note [Abstract]  
Schedule of weighted-average assumptions used to estimate the fair value of stock options [Table Text Block]
      2022     2021  
Risk-free interest rate     1.20%     0.35%  
Volatility     72.34%     105.40%  
Exercise price   $ 1.50   $ 1.00  
Dividend yield     0%     0%  
Forfeiture rate     0%     0%  
Expected life (years)     3.50     3.25  
Schedule of stock option activity [Table Text Block]
  Number of
Options
  Weighted Average
Exercise Price
    Weighted Average
Contractual Term
(Years)
 
Outstanding at August 31, 2020 400,000 $ 1.35     3.24  
Granted 10,000 $ 1.00     4.16  
Outstanding at August 31, 2021 410,000 $ 1.34     2.26  
Granted 561,000 $ 1.50     5.00  
Forfeited (91,583) $ 1.38     3.85  
Repurchased (82,500) $ 1.00     2.25  
Expired (203,917) $ 1.46     0.50  
Outstanding at August 31, 2022 593,000 $ 1.49     3.79  
Exercisable at August 31, 2022 272,458 $ 1.48     3.34  
Schedule of non-vested options activity [Table Text Block]
    Number of
Options
    Weighted Average
Exercise Price
 
Non-vested options at August 31, 2020   203,750   $ 0.48  
Granted   10,000   $ 0.34  
Vested   (115,000 ) $ 0.47  
Non-vested options at August 31, 2021   98,750   $ 0.48  
Granted   561,000   $ 1.50  
Forfeited   (91,583 ) $ 1.38  
Vested   (239,958 ) $ 1.44  
Expired   (7,667 ) $ 1.50  
Non-vested options at August 31, 2022   320,542   $ 1.50  
Schedule of stock-based compensation expense [Table Text Block]
Stock-based compensation   2022     2021  
General and administrative $ 74,868   $ 18,128  
Sales and marketing   33,015     19,299  
Product development   40,693     14,307  
Total stock-based compensation $ 148,576   $ 51,734