Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.19.2
INTANGIBLE ASSETS (Tables)
9 Months Ended
May 31, 2019
Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
    Weighted
Average
  As of May 31, 2019     As of August 31, 2018  
    Estimated   Gross                 Gross              
    Useful   Carrying     Accumulated     Net     Carrying     Accumulated     Net  
Description   Life   Value     Amortization     Amount     Value     Amortization     Amount  
Domain name   5 years   $ -     $ -     $ -     $ 599     $ (166 )   $ 433  
Trade name   6 years     2,600       (903 )     1,697       2,600       (578 )     2,022  
Non-compete agreement   4 years     2,370       (727 )     1,643       2,370       (337 )     2,033  
        $ 4,970     $ (1,630 )   $ 3,340     $ 5,569     $ (1,081 )   $ 4,488  
Schedule of remaining amortization expense associated with finite lived intangible assets
    Intangible Assets  
2019   $ 237  
2020     947  
2021     881  
2022     747  
2023     528  
    $ 3,340