Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 4.2M | 3.8M | 6.5M | 1.5M |
| Operating Revenue | 4.2M | 3.8M | 6.5M | 1.5M |
| Cost Of Revenue | 3.0M | 2.2M | 4.7M | 1.6M |
| Gross Profit | 1.2M | 1.6M | 1.8M | -81,538 |
| Selling General And Administration | 12.3M | 22.0M | 27.4M | 13.9M |
| General And Administrative Expense | 11.6M | 20.4M | 25.2M | 11.7M |
| Research And Development | 26,352 | 1.2M | 1.9M | 1.4M |
| Depreciation And Amortization In Income Statement | 502,199 | 880,920 | 982,341 | 445,186 |
| Operating Expense | 12.9M | 24.0M | 30.2M | 15.8M |
| Operating Income | -11.7M | -22.4M | -28.5M | -15.8M |
| EBIT | -14.5M | -23.1M | -44.4M | -18.7M |
| Interest Expense | 98,775 | 169,412 | 557,787 | 114,174 |
| Interest Expense Non Operating | 98,775 | 169,412 | 557,787 | 114,174 |
| Interest Income | 7,706 | 4,637 | 129.00 | 0.00 |
| Interest Income Non Operating | 7,706 | 4,637 | 129.00 | 0.00 |
| Net Interest Income | -91,069 | -164,775 | -557,658 | -114,174 |
| Other Income Expense | -2.8M | -663,069 | -15.9M | -2.8M |
| Other Non Operating Income Expenses | -193,256 | -277,955 | 446,585 | -24,459 |
| Special Income Charges | -1.8M | -311,537 | -16.6M | -2.8M |
| Restructuring And Mergern Acquisition | 0.00 | 13,573 | 2.8M | 315,618 |
| Write Off | 703,968 | 48,482 | -- | 0.00 |
| Gain On Sale Of Security | -799,292 | -73,577 | 211,839 | -- |
| Pretax Income | -14.6M | -23.2M | -44.9M | -18.8M |
| Tax Provision | -- | 0.00 | -34,000 | 0.00 |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | -12,380 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -19.6M | -30.3M | -44.9M | -18.8M |
| Net Income From Continuing Operation Net Minority Interest | -14.6M | -23.2M | -44.9M | -18.8M |
| Net Income Including Noncontrolling Interests | -19.6M | -30.3M | -44.9M | -18.8M |
| Net Income Common Stockholders | -19.6M | -30.3M | -44.9M | -18.8M |
| Net Income | -19.6M | -30.3M | -44.9M | -18.8M |
| EBITDA | -13.9M | -22.1M | -42.9M | -17.9M |
| Normalized EBITDA | -11.3M | -21.7M | -26.5M | -15.1M |
| Reconciled Depreciation | 560,959 | 963,060 | 1.5M | 716,999 |
| Basic EPS | -0.07 | -0.12 | -0.21 | -0.11 |
| Diluted EPS | -0.07 | -0.12 | -0.21 | -0.11 |
| Basic Average Shares | 295.1M | 263.6M | 216.6M | 164.9M |
| Diluted Average Shares | 295.1M | 263.6M | 216.6M | 164.9M |
| Total Unusual Items | -2.6M | -385,114 | -16.4M | -2.8M |
| Total Unusual Items Excluding Goodwill | -2.6M | -385,114 | -16.4M | -2.8M |
| Tax Rate For Calcs | 0.00 | 0.00 | 0.00 | 0.00 |
| Normalized Income | -12.0M | -22.9M | -28.5M | -16.0M |
| Depreciation Amortization Depletion Income Statement | 502,199 | 880,920 | 982,341 | 445,186 |
| Depreciation Income Statement | 502,199 | 880,920 | 982,341 | 445,186 |
| Diluted NI Availto Com Stockholders | -19.6M | -30.3M | -44.9M | -18.8M |
| Gain On Sale Of Ppe | -930,708 | -249,482 | -- | -- |
| Impairment Of Capital Assets | 173,633 | 0.00 | 13.8M | 2.5M |
| Net Income Continuous Operations | -14.6M | -23.2M | -44.9M | -18.8M |
| Net Income Discontinuous Operations | -5.0M | -7.0M | -- | -- |
| Net Non Operating Interest Income Expense | -91,069 | -164,775 | -557,658 | -114,174 |
| Other Gand A | 6.5M | 9.8M | 12.2M | 6.9M |
| Other Special Charges | -- | -- | -- | -10,000 |
| Reconciled Cost Of Revenue | 2.9M | 2.1M | 4.2M | 1.3M |
| Salaries And Wages | 5.1M | 10.6M | 13.0M | 4.8M |
| Selling And Marketing Expense | 770,716 | 1.6M | 2.2M | 2.2M |
| Total Expenses | 15.9M | 26.2M | 34.9M | 17.4M |
| Line Item | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 2.0M | 8.6M | 33.0M | 59.3M |
| Cash Cash Equivalents And Short Term Investments | 2.0M | 8.6M | 33.0M | 59.3M |
| Accounts Receivable | 758,392 | 1.8M | 1.4M | 46,734 |
| Receivables | 993,958 | 2.3M | 1.6M | 515,757 |
| Inventory | -- | -- | 0.00 | 3,231 |
| Prepaid Assets | 571,370 | 1.2M | 1.5M | 1.2M |
| Current Assets | 9.8M | 12.1M | 36.1M | 61.0M |
| Gross PPE | 1.4M | 15.4M | 14.7M | 5.0M |
| Accumulated Depreciation | -419,257 | -5.7M | -3.3M | -1.9M |
| Net PPE | 958,772 | 9.8M | 11.4M | 3.1M |
| Goodwill | -- | 0.00 | 2.2M | -- |
| Goodwill And Other Intangible Assets | -- | 0.00 | 2.5M | 0.00 |
| Other Intangible Assets | -- | -- | 342,900 | -- |
| Investments And Advances | 0.00 | 2.1M | 2.4M | 0.00 |
| Total Non Current Assets | 968,782 | 12.3M | 16.5M | 3.2M |
| Total Assets | 10.8M | 24.3M | 52.6M | 64.1M |
| Current Debt | 50,795 | 70,675 | 63,485 | -- |
| Current Debt And Capital Lease Obligation | 592,543 | 1.6M | 1.4M | 404,050 |
| Accounts Payable | 1.3M | 1.7M | 2.7M | 1.3M |
| Payables | 1.7M | 1.9M | 2.9M | 1.5M |
| Payables And Accrued Expenses | 2.0M | 2.9M | 2.9M | 1.5M |
| Current Accrued Expenses | 312,254 | 944,825 | -- | -- |
| Current Deferred Revenue | 198,025 | 197,214 | 235,197 | 54,593 |
| Other Current Liabilities | 5.8M | -- | -- | -- |
| Current Liabilities | 8.6M | 4.6M | 4.6M | 1.9M |
| Long Term Debt | 154,861 | 163,848 | 213,149 | -- |
| Long Term Debt And Capital Lease Obligation | 1.4M | 5.6M | 6.4M | 1.2M |
| Long Term Capital Lease Obligation | 1.3M | 5.5M | 6.2M | 1.2M |
| Total Non Current Liabilities Net Minority Interest | 1.4M | 5.6M | 6.8M | 1.4M |
| Total Liabilities Net Minority Interest | 10.0M | 10.3M | 11.4M | 3.3M |
| Common Stock | 117.4M | 112.3M | 109.2M | 88.9M |
| Capital Stock | 117.4M | 112.3M | 109.2M | 88.9M |
| Retained Earnings | -136.5M | -116.9M | -86.6M | -41.7M |
| Gains Losses Not Affecting Retained Earnings | 19.8M | 18.6M | 17.5M | 13.2M |
| Other Equity Adjustments | 19.8M | 18.6M | 17.5M | 13.2M |
| Common Stock Equity | 725,430 | 14.0M | 41.2M | 60.8M |
| Stockholders Equity | 725,430 | 14.0M | 41.2M | 60.8M |
| Total Equity Gross Minority Interest | 725,430 | 14.0M | 41.2M | 60.8M |
| Total Capitalization | 880,291 | 14.2M | 41.4M | 60.8M |
| Net Tangible Assets | 725,430 | 14.0M | 38.7M | 60.8M |
| Tangible Book Value | 725,430 | 14.0M | 38.7M | 60.8M |
| Working Capital | 1.2M | 7.4M | 31.5M | 59.1M |
| Invested Capital | 931,086 | 14.3M | 41.5M | 60.8M |
| Total Debt | 2.0M | 7.2M | 7.9M | 1.6M |
| Share Issued | 320.6M | 266.5M | 256.2M | 203.1M |
| Ordinary Shares Number | 320.6M | 266.5M | 256.2M | 203.1M |
| Assets Held For Sale Current | 6.3M | 0.00 | -- | -- |
| Capital Lease Obligations | 1.8M | 7.0M | 7.6M | 1.6M |
| Construction In Progress | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Capital Lease Obligation | 541,748 | 1.5M | 1.4M | 404,050 |
| Current Deferred Liabilities | 198,025 | 197,214 | 235,197 | 54,593 |
| Leases | 1.2M | 11.2M | 10.0M | 1.8M |
| Machinery Furniture Equipment | 161,161 | 835,366 | 769,586 | 377,662 |
| Non Current Prepaid Assets | 10,010 | 406,082 | 237,888 | 24,655 |
| Other Current Borrowings | 50,795 | 70,675 | 63,485 | -- |
| Other Equity Interest | -- | -- | 1.1M | 499,632 |
| Other Payable | -- | -- | 196,273 | 150,000 |
| Other Properties | 40,556 | 3.4M | 4.0M | 2.9M |
| Other Receivables | 203,487 | 492,224 | 34,099 | 100,142 |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| Taxes Receivable | 32,079 | 18,540 | 169,565 | 368,881 |
| Total Tax Payable | 427,495 | 202,965 | -- | -- |
| Tradeand Other Payables Non Current | -- | 0.00 | 425,455 | 200,000 |
| Line Item | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -17.5M | -29.8M | -26.2M | -15.6M |
| Cash Flow From Continuing Operating Activities | -15.0M | -26.8M | -26.2M | -15.6M |
| Depreciation And Amortization | 560,959 | 963,060 | 1.5M | 716,999 |
| Depreciation Amortization Depletion | 560,959 | 963,060 | 1.5M | 716,999 |
| Stock Based Compensation | 562,940 | 1.9M | 3.5M | 1.8M |
| Deferred Tax | -- | 0.00 | -34,000 | 0.00 |
| Deferred Income Tax | -- | 0.00 | -34,000 | 0.00 |
| Change In Working Capital | 890,315 | -170,504 | -264,862 | -2.0M |
| Changes In Account Receivables | 296,081 | -659,805 | 98,138 | -127,833 |
| Change In Receivables | 296,081 | -659,805 | 98,138 | -127,833 |
| Change In Inventory | -- | -- | 0.00 | -3,231 |
| Change In Payables And Accrued Expense | -267,936 | 438,012 | 46,359 | -837,832 |
| Change In Payable | -- | -- | 46,359 | -837,832 |
| Change In Other Working Capital | 811.00 | -32,415 | -49,728 | 54,593 |
| Other Non Cash Items | 58,675 | 198,552 | 787,978 | 158,114 |
| Capital Expenditure | -25,485 | -232,108 | -1.2M | -641,963 |
| Purchase Of PPE | -25,485 | -232,108 | -1.2M | -641,963 |
| Net PPE Purchase And Sale | -25,485 | -232,108 | -1.2M | -641,963 |
| Purchase Of Business | -- | 0.00 | -300,000 | -500,000 |
| Sale Of Business | -- | 0.00 | 1.7M | 98,202 |
| Sale Of Investment | 852,142 | 0.00 | 0.00 | 5,895 |
| Net Investment Purchase And Sale | 852,142 | 0.00 | 0.00 | 5,895 |
| Investing Cash Flow | 860,078 | -369,569 | 123,191 | -739,249 |
| Cash Flow From Continuing Investing Activities | 867,216 | -227,258 | 123,191 | -739,249 |
| Issuance Of Debt | -478,357 | -738,999 | -- | -- |
| Repayment Of Debt | -82,861 | 0.00 | -684,484 | -334,313 |
| Net Issuance Payments Of Debt | -561,218 | -738,999 | -684,484 | -334,313 |
| Issuance Of Capital Stock | 5.3M | 0.00 | 0.00 | 57.1M |
| Net Common Stock Issuance | 5.3M | 0.00 | 0.00 | 57.1M |
| Financing Cash Flow | 4.5M | -1.5M | 7,343 | 74.0M |
| Cash Flow From Continuing Financing Activities | 4.7M | 176,998 | 7,343 | 74.0M |
| Effect Of Exchange Rate Changes | 409,381 | 123,439 | -149,807 | 0.00 |
| Changes In Cash | -7.0M | -24.6M | -26.1M | 57.7M |
| Beginning Cash Position | 8.6M | 33.0M | 59.3M | 1.6M |
| End Cash Position | 2.0M | 8.6M | 33.0M | 59.3M |
| Free Cash Flow | -17.5M | -30.0M | -27.5M | -16.2M |
| Asset Impairment Charge | 877,601 | 48,482 | 13.3M | 2.5M |
| Cash From Discontinued Financing Activities | -204,369 | -1.6M | -- | -- |
| Cash From Discontinued Investing Activities | -7,138 | -142,311 | -- | -- |
| Cash From Discontinued Operating Activities | -2.5M | -3.0M | -- | -- |
| Change In Account Payable | -- | -- | 46,359 | -665,880 |
| Change In Prepaid Assets | 861,359 | 83,704 | -359,631 | -1.1M |
| Common Stock Issuance | 5.3M | 0.00 | 0.00 | 57.1M |
| Depreciation | 560,959 | 963,060 | 1.5M | 716,999 |
| Gain Loss On Investment Securities | 734,994 | 295,023 | -183,478 | 1,605 |
| Long Term Debt Issuance | -478,357 | -738,999 | -- | -- |
| Long Term Debt Payments | -82,861 | 0.00 | -684,484 | -334,313 |
| Net Business Purchase And Sale | -- | 0.00 | 1.4M | -401,798 |
| Net Income From Continuing Operations | -19.6M | -30.3M | -44.9M | -18.8M |
| Net Long Term Debt Issuance | -561,218 | -738,999 | -684,484 | -334,313 |
| Net Other Investing Changes | 40,559 | 4,850 | -- | 298,617 |
| Operating Gains Losses | 1.7M | 249,482 | -75,668 | -9,656 |
| Proceeds From Stock Option Exercised | 0.00 | 915,997 | 691,827 | 17.2M |
| Unrealized Gain Loss On Investment Securities | -5,181 | 295,023 | -- | -- |