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Income Tax (Tables)
12 Months Ended
Aug. 31, 2025
Income Taxes  
Schedule of income tax

 

 

August 31

2025

 

 

August 31

2024

 

 

 

$

 

 

$

 

Loss before taxes

 

 

 (11,911,434

)

 

 

(5,808,654 )

Expected income tax recovery

 

 

 (2,947,139

)

 

 

(1,255,377 )

Non-deductible items

 

 

 (1,400,185

)

 

 

(532 )

Change in estimates

 

 

 1,666,152

 

 

 

119,349

 

Effect of changes in foreign and long-term tax rates

 

 

 -

 

 

 

 -

 

Change in valuation allowance

 

 

 2,681,172

 

 

 

1,138,779

 

Total income taxes

 

 

-

 

 

 

2,219

 

Schedule of deferred tax assets

 

 

 

August 31

2025

 

 

August 31

2024

 

 

 

 

$

 

 

$

 

Non-capital losses

 

 

10,187,630

 

 

 

8,738,277

 

Marketable securities

 

 

349,121

 

 

 

(14,051

)

Stock based compensation

 

 

934,641

 

 

 

754,147

 

R&D

 

 

1,943,235

 

 

 

1,348,082

 

PPE and intangibles

 

 

(6,392

)

 

 

(95,179

)

Accrued vacation

 

 

 4,213

 

 

 

 -

 

Total deferred tax assets

 

 

13,412,448

 

 

 

10,731,276

 

Valuation Allowance

 

 

(13,412,448

)

 

 

(10,731,276

)

Net Deferred tax assets

 

 

-

 

 

 

-