General form of registration statement for all companies including face-amount certificate companies

Equity (Detail Textuals 1)

v3.20.2
Equity (Detail Textuals 1) - USD ($)
1 Months Ended 9 Months Ended 12 Months Ended
Jan. 01, 2020
Dec. 06, 2019
Dec. 02, 2019
Aug. 29, 2019
Jul. 18, 2019
Aug. 17, 2018
May 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of options outstanding             281,834 234,000 50,000 0
Remains unamortized stock based expenses             $ 44,333      
Number of shares granted during period             74,000 184,000 50,000  
Intrinsic value               $ 0 $ 0  
Risk free interest rate               1.40% 2.87%  
Stock based compensation             $ 31,500 $ 52,000 $ 56,835  
Expected term               5 years 10 years  
Expected volatility             155.00% 158.00% 170.00%  
Expected dividend yield             0.00% 0.00% 0.00%  
Term of remaining life of stock options weighted average value             9 years 1 month 24 days 9 years 9 months 10 days 9 years 11 months 19 days  
Stock option granted for services               $ 133,110 $ 107,169  
Equity Incentive Plan 2018                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares issued during period 24,000         375,000        
Percentage of grant date fair market value not less than ten percent exercise price of incentive stock option granted to stockholder               110.00%    
Percentage of exercise price of incentive stock option granted to stockholder               10.00%    
Remains unamortized stock based expenses               $ 637,865 $ 429,519  
Number of shares granted during period               234,000    
Expiration date under plan Dec. 13, 2029                  
Intrinsic value $ 67,976             $ 0    
Percentage of stock option vest on vesting commencement date               1.00%    
Exercise price $ 2.12                  
Expected term 4 years                  
Equity Incentive Plan 2018 | Consultant                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted during period       181,500 2,500          
Expiration date under plan         Jul. 18, 2029          
Exercise price       $ 1.99 $ 3.12          
Equity Incentive Plan 2018 | Saoirse O'Sullivan                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted during period [1]               12,500    
Expiration date under plan               Aug. 17, 2028    
Percentage of stock option vest on vesting commencement date               25.00%    
Exercise price               $ 10.8    
Equity Incentive Plan 2018 | Director and consultants                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted during period           50,000        
Expiration date under plan           Aug. 17, 2028        
Exercise price               $ 10.8    
Equity Incentive Plan 2018 | Five Directors                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares issued during period   10,000                
Number of shares granted during period     22,250              
Expiration date under plan   Dec. 06, 2029                
Intrinsic value   $ 24,401                
Exercise price   $ 2.65                
Equity Incentive Plan 2018 | Rob Prince                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares granted during period               2,500    
Expiration date under plan               Jul. 18, 2029    
Percentage of stock option vest on vesting commencement date               100.00%    
Exercise price               $ 3.12    
Equity Incentive Plan - 2018 | Five Directors                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Number of shares issued during period   40,000                
Expiration date under plan   Dec. 06, 2029                
Intrinsic value   $ 97,606                
Exercise price   $ 2.65                
Expected term   4 years                
Stock Options                    
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                    
Remains unamortized stock based expenses             $ 449,833      
Number of shares granted during period             281,834      
Intrinsic value             $ 0      
Value of the remaining life of the options             9 years 1 month 24 days      
Stock based compensation             $ 294,898      
[1] Twenty-five percent (25%) of the Shares subject to the Option shall vest on the Vesting Commencement Date, and one forty-eighth (1/48th) of the Shares subject to the Option shall vest each month thereafter on the same day of the month as the Vesting Commencement Date.