Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Nov. 30, 2020
Aug. 31, 2020
Current assets    
Cash $ 9,080,000 $ 4,303,000
Accounts receivable 158,000 308,000
Unbilled accounts receivable 2,460,000 2,303,000
Deposit - workers' compensation 288,000 293,000
Prepaid expenses and other current assets 704,000 796,000
Current assets of discontinued operations 960,000 1,030,000
Total current assets 13,650,000 9,033,000
Fixed assets, net 1,085,000 575,000
Note receivable, net 4,004,000 4,045,000
Deposits - workers' compensation 730,000 736,000
Deposits and other assets 712,000 449,000
Non current assets of discontinued operations 2,435,000 2,582,000
Total assets 22,616,000 17,420,000
Current liabilities    
Accounts payable and other current liabilities 3,358,000 3,831,000
Payroll related liabilities 6,357,000 5,752,000
Accrued workers' compensation costs 529,000 497,000
Current liabilities of discontinued operations 1,764,000 1,746,000
Total current liabilities 12,008,000 11,826,000
Non-current liabilities    
Accrued workers' compensation costs 1,342,000 1,247,000
Payroll related liabilities 635,000  
Non-current liabilities of discontinued operations 4,475,000 4,377,000
Total liabilities 18,460,000 17,450,000
Commitments and contingencies
Stockholders' equity (deficit)    
Preferred stock, 50,000,000 authorized shares; $0.0001 par value
Common stock, 750,000,000 authorized shares; $0.0001 par value; 20,920,146 and 16,902,146 shares issued as of November 30, 2020 and August 31, 2020 2,000 2,000
Additional paid-in capital 130,552,000 119,430,000
Accumulated deficit (126,398,000) (119,462,000)
Total stockholders' equity (deficit) 4,156,000 (30,000)
Total liabilities and stockholders' equity (deficit) $ 22,616,000 $ 17,420,000