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Equipment
12 Months Ended
Aug. 31, 2019
Property, Plant and Equipment [Abstract]  
NOTE 3 - Equipment

NOTE 3 – Equipment

 

Equipment consists of the following:

 

   August 31,
   2019  2018
Computers, office equipment and software  $18,678   $17,119 
Furniture and fixtures   12,634    - 
Product development and manufacturing equipment   113,820    73,004 
In process equipment   1,292,655    - 
Total equipment   1,437,787    90,123 
Accumulated depreciation   (68,858)   (50,509)
Equipment, net  $1,368,929   $39,614 

 

During the year ended August 31, 2019 and 2018, the Company purchased $1,347,664 and $2,581 of equipment, respectively. During 2019, the Company made payments totaling $1,292,655 towards the purchase of manufacturing equipment with an estimated total cost of $1,803,000. That equipment is currently being manufactured to our particular specifications and will provide a significant increase in our ability to develop and showcase prototype products and components at or near “full size”. The remaining $510,345 is expected to be paid upon completion of the equipment sometime in January of 2020.