Annual report pursuant to Section 13 and 15(d)

Stock based compensation (Tables)

v3.10.0.1
Stock based compensation (Tables)
12 Months Ended
Aug. 31, 2018
Stock Based Compensation Tables  
Summary of stock option activity
   

Number

Outstanding

   

Weighted-Average

Exercise

Price

Per Share

 
             
Outstanding at September 1, 2016     -     $ -  
Granted     920,000       4.60  
Exercised            
Canceled/forfeited/expired     (130,000 )     4.45  
Outstanding at August 31, 2017     790,000       4.62  
                 
Granted     948,745       2.64  
Exercised            
Canceled/forfeited/expired     (390,000 )     3.87  
Outstanding at August 31, 2018     1,348,745       3.45  
Options vested and exercisable at August 31, 2018     180,521     $ 4.56  
Summary of weighted average assumptions
    2018     2017  
Expected life   4.0 years     4.0 years  
Estimated volatility   27.45% - 48.59 %   37.03% - 44.74 %
Risk-free interest rate   2.01% - 2.83 %   1.86% - 2.80 %
Dividends     -       -