Stock Based Compensation (Tables)
|
12 Months Ended |
Aug. 31, 2022 |
|---|
| Share-Based Payment Arrangement [Abstract] |
|
| Share-based Payment Arrangement, Option, Activity |
The following table summarizes the Company’s option grant, exercise and forfeiture activity from August 31, 2020, through August 31, 2022:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Outstanding and Exercisable |
|
Number
of
Options |
|
Weighted
Average
Remaining
Contractual
Life |
|
Weighted
Average
Exercise
Price |
|
|
|
(In years) |
|
|
| Balance, August 31, 2020 |
13,987 |
|
|
9.5 |
|
$ |
818.00 |
|
| Granted |
8,400 |
|
|
8.5 |
|
261.00 |
|
| Exercised |
— |
|
|
— |
|
|
— |
|
| Forfeited |
(4,626) |
|
|
5.9 |
|
272.00 |
|
| Balance, August 31, 2021 |
17,761 |
|
|
8.9 |
|
653.00 |
|
| Granted |
1,400 |
|
|
9.8 |
|
105.00 |
|
| Exercised |
— |
|
|
— |
|
|
— |
|
| Forfeited |
(7,409) |
|
|
8.4 |
|
454.00 |
|
| Balance at August 31, 2022 |
11,753 |
|
|
8.1 |
|
$ |
733.00 |
|
|
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable |
Option vesting activity from August 31, 2020, through August 31, 2022, was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Options Vested |
|
Number
of
Options |
|
Weighted
Remaining
Contractual
Life |
|
Weighted
Average
Exercise
Price |
|
|
|
|
(In years) |
|
|
| Balance, August 31, 2020 |
|
284 |
|
|
7.2 |
|
$ |
11,510.00 |
|
| Vested |
|
2,816 |
|
|
8.8 |
|
$ |
715.00 |
|
| Exercised |
|
— |
|
|
— |
|
|
$ |
— |
|
| Forfeited |
|
(8) |
|
|
6.1 |
|
$ |
6,717.00 |
|
| Balance, August 31, 2021 |
|
3,092.57 |
|
|
8.6 |
|
$ |
1,691.00 |
|
| Vested |
|
4,235 |
|
|
8.6 |
|
$ |
488.00 |
|
| Exercised |
|
— |
|
|
0 |
|
$ |
— |
|
| Forfeited |
|
(2,059) |
|
|
8.1 |
|
$ |
610.00 |
|
| Balance at August 31, 2022 |
|
5,269 |
|
|
8.1 |
|
$ |
1,146.00 |
|
|
| Summary of Stock Options Outstanding |
The following table summarizes information about stock options outstanding and vested at August 31, 2022:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Options Outstanding |
|
Options Vested |
| Exercise Prices |
|
Number
of Options not
Exercisable |
|
Number
of Options
Exercisable |
|
Weighted
Average
Remaining
Contractual
Life |
|
Weighted
Average
Exercise
Price |
|
Number
of
Options |
|
Weighted
Remaining
Contractual
Life |
|
Weighted
Average
Exercise
Price |
|
|
|
|
|
|
(In years) |
|
|
|
|
|
(In years) |
|
|
$50.00-1,000.00 |
|
— |
|
|
11,391 |
|
|
8.1 |
|
$ |
425.00 |
|
|
4,920 |
|
|
8.1 |
|
$ |
461.00 |
|
$1,001.00-$4,000.00 |
|
— |
|
|
20 |
|
|
7.0 |
|
1,895.00 |
|
|
17 |
|
|
6.8 |
|
1,900.00 |
|
$4,001.00–$8,000.00 |
|
— |
|
|
121 |
|
|
6.8 |
|
5,121.00 |
|
|
111 |
|
|
6.6 |
|
5,120.00 |
|
$8,001.00–$12,000.00 |
|
— |
|
|
101 |
|
|
6.0 |
|
10,298.00 |
|
|
101 |
|
|
5.7 |
|
10,300.00 |
|
$12,001.00–$16,000.00 |
|
|
|
109 |
|
|
5.1 |
|
15,584.00 |
|
|
109 |
|
|
4.9 |
|
15,590.00 |
|
$16,001.00-$39,160.00 |
|
— |
|
|
11 |
|
|
5.1 |
|
39,160.00 |
|
|
11 |
|
|
4.9 |
|
39,160.00 |
|
|
|
— |
|
|
11,753 |
|
|
8.1 |
|
$ |
733.00 |
|
|
5,269 |
|
|
8.1 |
|
$ |
1,146.00 |
|
|