Annual report pursuant to Section 13 and 15(d)

EQUITY (Detail Textuals 2)

v3.19.3.a.u2
EQUITY (Detail Textuals 2) - USD ($)
1 Months Ended 12 Months Ended
Aug. 29, 2019
Jul. 18, 2019
Aug. 17, 2018
Aug. 31, 2019
Aug. 31, 2018
Aug. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Number of options outstanding       234,000 50,000 0
Expected term       5 years 10 years  
Expected volatility       158.00% 170.00%  
Risk free interest rate       1.40% 2.87%  
Expected dividend yield       0.00% 0.00%  
Stock based compensation       $ 52,000 $ 56,835  
Term of remaining life of stock options weighted average value       9 years 9 months 11 days 9 years 10 months 24 days  
Number of shares granted during period       184,000 50,000  
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value       $ 878,017 $ 536,688  
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 under options     375,000      
Percentage of exercise price of incentive stock option granted to stockholder       10.00%    
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 stock option vest on vesting commencement date       100.00%    
Remains unamortized stock base expenses       $ 637,865 429,519  
Stock based compensation       $ 1,333,110    
Number of shares granted during period       234,000    
Intrinsic value       $ 0 $ 0  
Equity Incentive Plan 2018 | Director and consultants            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Exercise price       $ 10.8    
Number of shares granted during period     50,000      
Expiration date under plan     Aug. 17, 2028      
Equity Incentive Plan 2018 | Consultant            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Exercise price $ 1.99 $ 3.12        
Number of shares granted during period 181,500 2,500        
Expiration date under plan Aug. 29, 2029 Jul. 18, 2029        
Equity Incentive Plan 2018 | Saoirse O'Sullivan            
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]            
Exercise price       $ 10.8    
Percentage of stock option vest on vesting commencement date       25.00%    
Number of shares granted during period [1]       12,500    
Expiration date under plan       Aug. 17, 2028    
[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.