Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.21.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands
12 Months Ended
Aug. 31, 2021
Aug. 31, 2020
OPERATING EXPENSES    
General and administrative $ 3,521,000 $ 1,789,000
Professional fees 1,081,000 978,000
Research and development 2,839,000 1,919,000
Total Operating Expenses 7,441,000 4,686,000
Loss from Operations (7,441,000) (4,686,000)
OTHER INCOME    
Interest income 2,000 1,000
Net change in fair value of marketable securities 2,000 0
Change in fair value of derivative liabilities 0 30,000
Total other income 4,000 31,000
NET LOSS (7,437,000) (4,655,000)
OTHER COMPREHENSIVE INCOME (LOSS)    
Foreign currency translation adjustments (46,000) 74,000
Total Other Comprehensive Income (Loss) (46,000) 74,000
TOTAL COMPREHENSIVE LOSS $ (7,483,000) $ (4,581,000)
Basic and Diluted Loss per Common Share $ (0.40) $ (1.26)
Basic and Diluted Weighted Average Common Shares Outstanding 18,675,411 3,707,650