Bonus paid out to DD in Q1It's pretty straight forward. DD elected to have the accrued bonus paid out to him in Q1. This will NOT affect Q1 operating results (P&L). It’s purely a balance sheet entry reducing assets (cash) while at the same time reducing liabilities (Bonus payable).
MD&A page 23 … Subsequent Events
Subsequent to the year ended August 31, 2023, the following transactions took place:
a) an aggregate of 165,000 stock options were exercised between $0.12 to $0.195, generating gross proceeds of $23,888.
b) a bonus in the amount of $1,120,000, which was accrued during the year ended August 31, 2023, was paid out to the Chief Executive Officer, and the shareholder loan in the amount of $1,120,000 was settled and reduced to $Nil