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5. Intangible Assets
9 Months Ended
May 31, 2018
Notes  
5. Intangible Assets

5.             INTANGIBLE ASSETS

 

A summary of intangible assets is as follows:

 

 

 

May 31,

2018

 

August 31,

2017

Patent

$                 -

 

$  850,000

Other

43,655

 

43,655

 

43,655

 

893,655

Accumulated amortization

(39,929)

 

(815,818)

 

 

 

 

Net book value

$          3,726

 

$   77,837

 

 

During the period, the Company conducted a periodic review of the Company’s patents and determined that two of the patents had expired. The Company immediately amortized the remaining book value of the patents and derecognized the respective costs and accumulated amortization values.