ACCRUED LIABILITIES

12 Months Ended

Aug. 31, 2022

ACCRUED LIABILITIES [Abstract]

ACCRUED LIABILITIES

NOTE 7 – ACCRUED LIABILITIES

At August 31, 2022 and 2021, the Company’s current accrued liabilities are:

(In thousands)	August 31, 2022		August 31, 2021
Accrued compensation	$	1,325	$	729
Other operating payables		308		248
WISE water		32		62
Operating lease obligation, current		76		84
Property taxes		164		50
Professional fees		115		51
Rental deposits		9		—
Total accrued liabilities	$	2,029	$	1,224
Land development costs due to the Sky Ranch CAB	$	536	$	2,243
Due to Rangeview Metropolitan District		24		638
Total accrued liabilities - related parties	$	560	$	2,881

The amounts due to the Sky Ranch CAB are included in notes receivable – related parties, including accrued interest or land under development. The amounts recorded in land under development will be subsequently expensed through Land development construction

costs. In addition, the amounts payable to the Rangeview District relate to construction costs of water infrastructure, these costs are included in Investments in water and water systems. The remaining items that make up accrued liabilities are generally self-explanatory.