Annual report pursuant to Section 13 and 15(d)

EQUITY (Details 2)

v3.20.2
EQUITY (Details 2) - $ / shares
 12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Number of Options Outstanding      
Number of Options Outstanding 234,000 50,000  
Number of shares granted during period 74,000 184,000  
Number of Options Exercised 0 0  
Number of Options Forfeited/canceled (26,166) 0  
Number of Options Outstanding 281,834 234,000 50,000
Weighted Average Exercise Price Options Outstanding      
Weighted Average Exercise Price, Outstanding $ 3.88 $ 10.80  
Weighted Average Exercise Price, Granted 2.48 2.01  
Weighted Average Exercise Price, Exercised   0  
Weighted Average Exercise Price, Forfeited/canceled 3.31 0  
Weighted Average Exercise Price, Outstanding $ 3.57 $ 3.88 $ 10.80
Weighted Average Remaining Contractual life (in years) 8 years 10 months 24 days 9 years 9 months 10 days 9 years 11 months 19 days
Options Outstanding, granted weighted average remaining life (years) 10 years 10 years  
Options Outstanding, Forfeited/canceled weighted average remaining life (years) 9 years 6 months 29 days