Stock Based Compensation - Summary of Option Activity (Details) - $ / shares |
3 Months Ended | 12 Months Ended |
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Nov. 30, 2021 |
Aug. 31, 2021 |
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Number of Options | ||
Beginning balance (in shares) | 1,776,115 | |
Granted (in shares) | 105,000 | |
Exercised (in shares) | 0 | |
Forfeited (in shares) | (58,125) | |
Ending balance (in shares) | 1,822,990 | 1,776,115 |
Weighted Average Remaining Contractual Life | ||
Outstanding | 8 years 9 months 29 days | 8 years 10 months 24 days |
Granted | 9 years 10 months 13 days | |
Forfeited | 3 years 2 months 8 days | |
Weighted Average Exercise Price | ||
Outstanding (in dollars per share) | $ 6.41 | $ 6.80 |
Granted (in dollars per share) | 1.18 | |
Exercised (in dollars per share) | 0 | |
Forfeited (in dollars per share) | $ 3.89 |
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- Definition The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross number of share options (or share units) granted during the period. No definition available.
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- Definition Number of options outstanding, including both vested and non-vested options. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
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- Definition Weighted average price at which grantees could have acquired the underlying shares with respect to stock options of the plan that expired. No definition available.
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- Definition Weighted average per share amount at which grantees can acquire shares of common stock by exercise of options. No definition available.
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- Definition Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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