CONCENTRATIONS AND ECONOMIC DEPENDENCE

9 Months Ended

May 31, 2022

Geographic Areas, Revenues from External Customers [Abstract]

CONCENTRATIONS AND ECONOMIC DEPENDENCE [Text Block]

8. CONCENTRATIONS AND ECONOMIC DEPENDENCE

The Company operates solely in the digital media software segment and all revenue from its products and services are made in this segment.

Revenue from external customers earned during the three and nine months ended May 31, 2022 and 2021, by product and location of customer, was as follows:

	Three Months Ended May 31,				Nine Months Ended May 31,
		2022		2021		2022		2021
Play MPE®
North America	$	498,465	$	504,319	$	1,460,020	$	1,416,953
Europe		461,703		497,225		1,414,265		1,489,578
Australasia		31,781		79,275		133,476		218,035
Africa		6,563		1,626		19,642		6,092
Total Play MPE®		998,512		1,082,445		3,027,403		3,130,658
Clipstream®
North America		770		1,542		2,450		8,005
Total	$	999,282	$	1,083,987	$	3,029,853	$	3,138,663

Revenue in the above table is based on location of the customer's billing address. Some of these customers have distribution centers located around the globe and distribute around the world. During the nine months ended May 31, 2022, the Company generated 41% of total revenue from one customer (May 31, 2021 - 42%).

It is in management's opinion that the Company is not exposed to significant credit risk.

As at May 31, 2022, one customer represented $570,964 (or 73%) of the trade receivables balance (August 31, 2021, one customer represented $142,758 (or 36%)).

The Company has substantially all its assets in Canada and its current and planned future operations are, and will be, located in Canada.