EQUITY (Details 3) - $ / shares |
12 Months Ended | |
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Aug. 31, 2019 |
Aug. 31, 2018 |
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Number of Options Outstanding | ||
Number of Options Outstanding | 50,000 | 0 |
Number of shares granted during period | 184,000 | 50,000 |
Number of Options Exercised | 0 | 0 |
Number of Options Forfeited/canceled | 0 | 0 |
Number of Options Outstanding | 234,000 | 50,000 |
Weighted Average Exercise Price Options Outstanding | ||
Weighted Average Exercise Price, Outstanding | $ 10.80 | $ 0.00 |
Weighted Average Exercise Price, Granted | 2.01 | 10.80 |
Weighted Average Exercise Price, Exercised | 0.00 | 0.00 |
Weighted Average Exercise Price, Forfeited/canceled | 0.00 | 0.00 |
Weighted Average Exercise Price, Outstanding | $ 3.88 | $ 10.80 |
Weighted Average Remaining Contractual life (in years) | 9 years 9 months 11 days | 9 years 10 months 24 days |
Options Outstanding, granted weighted average remaining life (years) | 10 years | 10 years |
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- Definition Represents period of stock option granted during period. No definition available.
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- Definition For presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Weighted average price of options that were either forfeited or expired. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- References No definition available.
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- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
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- Definition Weighted average grant-date fair value of non-vested options outstanding. No definition available.
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- Definition Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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