XML 23 R12.htm IDEA: XBRL DOCUMENT v3.25.3
Prepaid Expenses and Other Current Assets
12 Months Ended
Aug. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets

NOTE 4 - Prepaid Expenses and Other Current Assets

 

Prepaid expenses and other current assets includes the following items:

 

          
   August 31,
   2025  2024
Prepaid expenses  $6,250   $8,000 
Prepaid insurance premium (a)   9,586    9,612 
Interest income receivable (b)   -    55,212 
Equipment deposit refund receivable (c)   -    608,705 
Total  $15,836   $681,529 

 

(a)Relates to prepaid premium on the Company’s Directors and Officers liability insurance
(b)Relates to interest receivable in short term deposits as described above under NOTE 2 – Summary of Significant Accounting Policies, “Cash and Highly Liquid Investments.”
(c)For additional information, see NOTE 5 – Property and Equipment