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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
May 31, 2022
May 31, 2021
Operating Activities    
Net income (loss) $ (40,251) $ 290,830
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 90,059 77,388
Stock-based compensation 169,857 39,117
Allowance for doubtful accounts 18,772 (4,459)
Gain on disposal of assets (11,018) 0
Unrealized foreign exchange loss 29,607 18,465
Changes in non-cash working capital:    
Accounts receivable (457,136) 44,048
Other receivables 29,680 (18,001)
Prepaid expenses and deposits 38,382 12,920
Accounts payable (59,699) 26,646
Accrued liabilities (33,315) (35,591)
Deferred revenue 17,045 (2,873)
Operating lease liability (9,498) (10,952)
Net cash provided by (used in) operating activities (217,515) 437,538
Investing Activities    
Sale of short-term investments, net 0 800,624
Development of software (88,099) (63,554)
Purchase of property, equipment, and intangibles (294,916) (34,658)
Net cash provided by (used in) investing activities (383,015) 702,412
Financing Activities    
Repurchase of common stock for retirement (179,401) (218,682)
Repurchase of stock options for retirement (11,275) 0
Net cash used in financing activities (190,676) (218,682)
Effect of foreign exchange rate changes on cash (8,002) 171,967
Net increase (decrease) in cash and cash equivalents (799,208) 1,093,235
Cash and cash equivalents, beginning of period 2,752,662 1,841,340
Cash and cash equivalents, end of period 1,953,454 2,934,575
Supplementary disclosure:    
Interest paid 0 0
Income taxes paid $ 0 $ 0