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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2019
Aug. 31, 2018
Cash flows from operating activities    
Net loss $ (6,887,678) $ (6,854,547)
Adjustments to reconcile net loss to net cash flows used in operating activities    
Depreciation 18,349 15,920
Stock based compensation expense 3,959,367 2,838,025
Non cash lease expense 87
Security deposits (2,200)
Accretion of debt discount 663,918 823,724
Changes in operating assets and liabilities:    
Decrease (increase) in deferred research and development costs (446,904) (42,771)
Decrease (increase) in prepaid expenses and other assets 11,987 (42,121)
Increase (decrease) in accounts payable and accrued expenses 3,933 (136,568)
Increase (decrease) in related party payable 57,933
Increase (decrease) in interest payable 76,057 477,566
Net cash flows used in operating activities (2,545,151) (2,920,772)
Cash flows used in investing activity    
Purchase of equipment (1,347,664) (2,581)
Net cash flows used in investing activity (1,347,664) (2,581)
Cash flows from financing activities    
Proceeds from the issuance of equity securities 19,800,000 2,949,326
Net cash flows from financing activities 19,800,000 2,949,326
Change in cash 15,907,185 25,973
Cash at beginning of period 696,826 670,853
Cash at end of period 16,604,011 696,826
Supplemental disclosure of cash flow information:    
Interest paid in cash 52,182
Income taxes paid in cash
Supplemental disclosure of non-cash transactions:    
Discount on convertible promissory note due to to warrants issued/and/or modified 1,074,265
Common stock issued for conversion of note payable $ 5,200,000