Annual report pursuant to Section 13 and 15(d)

EQUITY (Detail Textuals 2)

v3.20.2
EQUITY (Detail Textuals 2) - USD ($)
1 Months Ended 12 Months Ended
Sep. 01, 2020
Jun. 19, 2020
Jan. 01, 2020
Dec. 06, 2019
Dec. 02, 2019
Aug. 29, 2019
Jul. 18, 2019
Aug. 17, 2018
Aug. 31, 2020
Aug. 31, 2019
Aug. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of options outstanding                 281,834 234,000 50,000
Expected term                 5 years 5 years  
Expected volatility                 155.00% 158.00%  
Risk free interest rate                 1.67% 1.40%  
Expected dividend yield                 0.00% 0.00%  
Stock based compensation                 $ 42,000 $ 52,000  
Term of remaining life of stock options weighted average value                 8 years 10 months 24 days 9 years 9 months 10 days 9 years 11 months 19 days
Number of shares granted during period                 74,000 184,000  
Intrinsic value                 $ 0 $ 0  
Stock option granted for services                 335,766 133,110  
Value for issuance of common shares                 $ 1,977,691 8,376,379  
Equity Incentive Plan 2018                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of shares issued under options   425,000           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%    
Exercise price     $ 2.12                
Remains unamortized stock base expenses                 $ 408,965 $ 637,865  
Number of shares granted during period     24,000                
Expiration date under plan     Dec. 13, 2029                
Intrinsic value     $ 67,976                
Number of issuance of common shares                 1,518,354    
Value for issuance of common shares                 $ 1,922,691    
Equity Incentive Plan 2018 | Subsequent event                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of shares issued under options 748,738                    
Number of shares reserved for future issuance 1,548,738                    
Equity Incentive Plan 2018 | Director [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Exercise price       $ 2.65              
Number of shares granted during period       10,000 22,250            
Expiration date under plan       Dec. 06, 2029              
Intrinsic value       $ 24,401              
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             Jul. 18, 2029        
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 | Director [Member]                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Exercise price       $ 2.65              
Number of shares granted during period       40,000              
Expiration date under plan       Dec. 06, 2029              
Intrinsic value       $ 97,606