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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Aug. 31, 2025
Aug. 31, 2024
Aug. 31, 2023
Pay vs Performance Disclosure Table      
Adjustment To PEO Compensation, Footnote

In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we are providing the following table outlining the past three fiscal years’ executive compensation for our principal executive officer (“PEO”) and Non-PEO executive officers (“NEOs”) and comparative Company performance based on total shareholder return.  We are a smaller reporting company (“SRC”), as defined in Rule 12b-2 under the Exchange Act and have elected to provide in this proxy statement certain scaled disclosures permitted under the Exchange Act for SRCs

 

Fiscal Year

(a)

 

Summary

Compensation

Table for PEO(1)

(b)

 

 

Compensation Actually Paid to PEO(2)(3)

(c)

 

 

Average Summary Compensation

Table Totals For

Non-PEO NEOs(1)

(d)

 

 

Average Compensation Actually Paid to Non-PEO NEOs(2)(3)

(e)

 

 

Value of Initial Fixed $100 Investment Based on Total Shareholder Return

(f) (4)

 

 

Net Income (or Loss)

(g)

 

2025

 

$

893,302

 

 

$

496,747

 

 

$

385,947

 

 

$

279,558

 

 

$

(77.49

 

$

(11,911,434

2024

 

$1,404,161

 

 

$1,669,179

 

 

$296,331

 

 

$340,452

 

 

$272.38

 

 

$(5,808,654 )

2023

 

$287,632

 

 

$156,939

 

 

$237,188

 

 

$140,476

 

 

$(64.53 )

 

$(6,712,525 )

 

 

(1)

The PEO reflects Chris Bunka, who served as the Company’s CEO until August 31, 2024 and Richard Christopher, the Company’s current CEO.  The Non-PEO NEOs noted are John Docherty, the Company’s President & CSO, Michael Shankman, the Company’s current CFO, Nelson Cabatuan, the Company’s CFO from March 2024 to July 2024 and Greg Downey, the Company’s CFO from April 2021 to June 2023;

 

 

 

 

(2)

The amounts shown in the Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received, but rather reflect compensation as set forth in the Summary Compensation Table for each year, adjusted as described in footnote 3 below;

 

 

 

 

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718;

 

 

 

 

(4)

As we have not paid any dividends, cumulative TSR is calculated by dividing $100 by the last closing price in fiscal 2020 to obtain a number of shares, and multiplying that number of shares by the closing price on the last trading day of the relevant measure period.

   
Named Executive Officers, Footnote [Text Block]

The PEO reflects Chris Bunka, who served as the Company’s CEO until August 31, 2024 and Richard Christopher, the Company’s current CEO.  The Non-PEO NEOs noted are John Docherty, the Company’s President & CSO, Michael Shankman, the Company’s current CFO, Nelson Cabatuan, the Company’s CFO from March 2024 to July 2024 and Greg Downey, the Company’s CFO from April 2021 to June 2023;

   
Additional 402(v) Disclosure [Text Block]

The amounts shown in the Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received, but rather reflect compensation as set forth in the Summary Compensation Table for each year, adjusted as described in footnote 3 below;

   
Compensation Actually Paid vs. Net Income

PEOs

Prior FYE

Current FYE

Fiscal Year

 

08/31/2023

08/31/2024

2024 (1)

 

 

08/31/2024

08/31/2025

2025 (1)

 

SCT Total

 

 

1,404,161

 

 

893,302

 

Minus Grant Date Fair Value of Options Awards Granted in Fiscal Year

 

 

599,391

 

 

317,019

 

Plus Fair Value at FYE of Outstanding and Unvested Option Awards Granted in Fiscal Year

 

 

598,485

 

 

72,702

 

Plus Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years

 

 

186,843

 

 

(469,257

Plus Fair Value at Vesting of Option Awards Granted in Fiscal Year That Vested During Fiscal Year

 

 

79,081

 

 

317,019

 

Plus Changes in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

 

 

-

 

 

-

 

Minus Fair Value as of Prior Fiscal Year-End of Option Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year

 

 

-

 

 

-

 

Compensation Actually Paid

 

 

1,669,179

 

 

496,747

 
   
Adjustment to Non-PEO NEO Compensation Footnote

NEOs

Prior FYE

Current FYE

Fiscal Year

 

08/31/2023

08/31/2024

2024

 

 

08/31/2024

08/31/2025

2025

 

SCT Total

 

 

296,331

 

 

385,947

 

Minus Grant Date Fair Value of Options Awards Granted in Fiscal Year

 

 

162,791

 

 

105,097

 

Plus Fair Value at FYE of Outstanding and Unvested Option Awards Granted in Fiscal Year

 

 

55,939

 

 

55,258

 

Plus Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years

 

 

91,004

 

 

(118,563

Plus Fair Value at Vesting of Option Awards Granted in Fiscal Year That Vested During Fiscal Year

 

 

59,969

 

 

62,013

 

Plus Changes in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

 

 

-

 

 

-

 

Minus Fair Value as of Prior Fiscal Year-End of Option Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year

 

 

-

 

 

-

 

Compensation Actually Paid

 

 

340,452

 

 

279,558

 
   
PEO Total Compensation Amount $ 893,302 $ 1,404,161 $ 287,632
PEO Actually Paid Compensation Amount 496,747 1,669,179 156,939
Non-PEO NEO Average Total Compensation Amount 385,947 296,331 237,188
Non-PEO NEO Average Compensation Actually Paid Amount 279,558 340,452 140,476
Total Shareholder Return Amount (77,490) 272,380 (64,530)
Net Income (Loss) $ (11,911,434) $ (5,808,654) $ (6,712,525)
PEO Name Richard Christopher    
Pay vs Performance Disclosure, Table

Pay Versus Performance

 

In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we are providing the following table outlining the past three fiscal years’ executive compensation for our principal executive officer (“PEO”) and Non-PEO executive officers (“NEOs”) and comparative Company performance based on total shareholder return.  We are a smaller reporting company (“SRC”), as defined in Rule 12b-2 under the Exchange Act and have elected to provide in this proxy statement certain scaled disclosures permitted under the Exchange Act for SRCs

 

Fiscal Year

(a)

 

Summary

Compensation

Table for PEO(1)

(b)

 

 

Compensation Actually Paid to PEO(2)(3)

(c)

 

 

Average Summary Compensation

Table Totals For

Non-PEO NEOs(1)

(d)

 

 

Average Compensation Actually Paid to Non-PEO NEOs(2)(3)

(e)

 

 

Value of Initial Fixed $100 Investment Based on Total Shareholder Return

(f) (4)

 

 

Net Income (or Loss)

(g)

 

2025

 

$

893,302

 

 

$

496,747

 

 

$

385,947

 

 

$

279,558

 

 

$

(77.49

 

$

(11,911,434

2024

 

$1,404,161

 

 

$1,669,179

 

 

$296,331

 

 

$340,452

 

 

$272.38

 

 

$(5,808,654 )

2023

 

$287,632

 

 

$156,939

 

 

$237,188

 

 

$140,476

 

 

$(64.53 )

 

$(6,712,525 )

 

 

(1)

The PEO reflects Chris Bunka, who served as the Company’s CEO until August 31, 2024 and Richard Christopher, the Company’s current CEO.  The Non-PEO NEOs noted are John Docherty, the Company’s President & CSO, Michael Shankman, the Company’s current CFO, Nelson Cabatuan, the Company’s CFO from March 2024 to July 2024 and Greg Downey, the Company’s CFO from April 2021 to June 2023;

 

 

 

 

(2)

The amounts shown in the Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually realized or received, but rather reflect compensation as set forth in the Summary Compensation Table for each year, adjusted as described in footnote 3 below;

 

 

 

 

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718;

 

 

 

 

(4)

As we have not paid any dividends, cumulative TSR is calculated by dividing $100 by the last closing price in fiscal 2020 to obtain a number of shares, and multiplying that number of shares by the closing price on the last trading day of the relevant measure period.

 

PEOs

Prior FYE

Current FYE

Fiscal Year

 

08/31/2023

08/31/2024

2024 (1)

 

 

08/31/2024

08/31/2025

2025 (1)

 

SCT Total

 

 

1,404,161

 

 

893,302

 

Minus Grant Date Fair Value of Options Awards Granted in Fiscal Year

 

 

599,391

 

 

317,019

 

Plus Fair Value at FYE of Outstanding and Unvested Option Awards Granted in Fiscal Year

 

 

598,485

 

 

72,702

 

Plus Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years

 

 

186,843

 

 

(469,257

Plus Fair Value at Vesting of Option Awards Granted in Fiscal Year That Vested During Fiscal Year

 

 

79,081

 

 

317,019

 

Plus Changes in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

 

 

-

 

 

-

 

Minus Fair Value as of Prior Fiscal Year-End of Option Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year

 

 

-

 

 

-

 

Compensation Actually Paid

 

 

1,669,179

 

 

496,747

 

 

(1) The 2024 and 2025 fiscal years reflect the combined values for Chris Bunka and Richard Christopher.

 

NEOs

Prior FYE

Current FYE

Fiscal Year

 

08/31/2023

08/31/2024

2024

 

 

08/31/2024

08/31/2025

2025

 

SCT Total

 

 

296,331

 

 

385,947

 

Minus Grant Date Fair Value of Options Awards Granted in Fiscal Year

 

 

162,791

 

 

105,097

 

Plus Fair Value at FYE of Outstanding and Unvested Option Awards Granted in Fiscal Year

 

 

55,939

 

 

55,258

 

Plus Change in Fair Value of Outstanding and Unvested Option Awards Granted in Prior Fiscal Years

 

 

91,004

 

 

(118,563

Plus Fair Value at Vesting of Option Awards Granted in Fiscal Year That Vested During Fiscal Year

 

 

59,969

 

 

62,013

 

Plus Changes in Fair Value as of Vesting Date of Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year

 

 

-

 

 

-

 

Minus Fair Value as of Prior Fiscal Year-End of Option Awards Granted in Prior Fiscal Years that Failed to Meet Applicable Vesting Conditions During Fiscal Year

 

 

-

 

 

-

 

Compensation Actually Paid

 

 

340,452

 

 

279,558