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Condensed Balance Sheets - USD ($)
$ in Thousands
May 31, 2022
Aug. 31, 2021
Current assets:    
Cash and cash equivalents $ 35,968 $ 40,430
Accounts and other receivables 2,213 2,019
Inventories 884 733
Due from affiliate   329
Prepaid expenses and other current assets 6,108 13,957
Total current assets 45,173 57,468
Non-current assets:    
Property and equipment – net 68,677 53,885
Operating lease right-of-use assets 78,569 64,158
Deposits and other assets 3,106 2,158
Total assets 195,525 177,669
Current liabilities:    
Accounts payable 6,115 4,920
Accrued expenses and other current liabilities 3,287 2,820
Salaries and wages payable 5,947 4,612
Finance leases – current 697 932
Operating lease liabilities – current 7,062 5,650
Due to affiliate 84 244
Sales tax payable 1,173 869
Total current liabilities 24,365 20,047
Non-current liabilities:    
Finance leases – non-current 49 546
Operating lease liabilities – non-current 80,679 65,834
Other liabilities 472 398
Total liabilities 105,565 86,825
Commitments and contingencies (Note 8)
Stockholders' equity:    
Preferred stock, $0.001 par value; 1,000 shares authorized, no shares issued or outstanding
Additional paid-in capital 117,549 115,756
Accumulated deficit (27,599) (24,922)
Total stockholders' equity 89,960 90,844
Total liabilities and stockholders' equity 195,525 177,669
Class A    
Stockholders' equity:    
Common stock 9 9
Class B    
Stockholders' equity:    
Common stock $ 1 $ 1