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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Cash flows from operating activities    
Net loss $ (26,315,396) $ (6,317,373)
Adjustments for non-cash income and expenses:    
Depreciation of property, plant and equipment 251,878 132,170
Amortization of technology-related intangible assets 4,157,388 4,157,389
Technology-related intangible asset impairment 20,580,040
Property, plant and equipment impairment and abandonments 21,387
Changes in operating assets and liabilities:    
(Increase)/decrease in accounts receivables (18,784) 41,830
Decrease/(increase) in inventories 170,431 (11,482)
Decrease in deposit, prepayments and advances to suppliers 502,701 214,159
Decrease in operating lease right-of-use assets 71,374 170,999
Increase/(decrease) in accounts payable and accruals 97,012 (45,942)
Decrease in deferred revenue (430,057) (73,003)
Decrease in operating lease liabilities (74,706) (189,830)
Increase/(decrease) in other payables 68,344 (4,493)
Increase in amounts due to shareholders 970,597 229,794
Net cash generated from /(used in) operations 30,822 (1,674,395)
Cash flows from investing activity    
Purchase of property, plant and equipment (146,269) (14,189)
Cash used in investing activity (146,269) (14,189)
Cash flows from financing activities    
Payments of hire purchase (6,677) (8,587)
Payment of offering costs (449,576)
Proceeds from issuance of common stock 1,143,728
Proceeds from shares to be issued 991,052
Proceeds from capital contribution 266,517
Net cash (used in)/generated from financing activities (456,253) 2,392,710
Net (decrease)/increase in cash and cash equivalents (571,700) 704,126
Effect of exchange rate changes (54,364) (77,381)
Cash and cash equivalents at start of year 779,049 152,304
Cash and cash equivalents at end of year $ 152,985 $ 779,049