SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Detail Narrative) - USD ($) $ in Thousands |
12 Months Ended | ||
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Aug. 31, 2021 |
Aug. 31, 2020 |
Aug. 31, 2019 |
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | |||
Federally insured limit amount | $ 250 | ||
Amount in excess of FDIC insurance amount | 6,100 | ||
Marketable securities outstanding balance | $ 3,436 | ||
Method of depreciation | straight-line method | ||
Cash and cash equivalents | $ 6,629 | $ 2,142 | $ 4,424 |
Share-based expenses | $ 1,531 | $ 381 |
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- References No definition available.
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition Amount of investment in marketable security, classified as current. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the methodology for computing depreciation for classes of depreciable assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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