 |
| Attached files |
| File | Filename |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R20.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R27.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R10.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R5.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R26.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R21.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R34.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R16.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R14.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R13.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R15.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R19.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R23.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R11.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R12.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R4.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R18.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R1.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R17.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R3.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R7.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R24.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R36.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R22.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R35.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R6.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R2.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R32.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R8.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R31.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R30.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R28.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R29.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | Financial_Report.xls |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R37.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R25.htm |
| XML - IDEA: XBRL DOCUMENT - Location Based Technologies, Inc. | R33.htm |
| EX-32.1 - EXHIBIT 32.1 - Location Based Technologies, Inc. | ex32-1.htm |
| EX-31.2 - EXHIBIT 31.2 - Location Based Technologies, Inc. | ex31-2.htm |
| EX-31.1 - EXHIBIT 31.1 - Location Based Technologies, Inc. | ex31-1.htm |
| 10-Q - FORM 10-Q - Location Based Technologies, Inc. | lbt_10q-113012.htm |
v2.4.0.6
|
Note 3 - Property and Equipment
|
3 Months Ended |
|
Nov. 30, 2012
|
| Property, Plant and Equipment Disclosure [Text Block] |
3.
PROPERTY
AND EQUIPMENT
Property
and equipment at November 30, 2012 and August 31, 2012
consisted of the following:
|
|
|
|
|
|
|
|
|
Machinery
and equipment
|
|
$
|
175,965
|
|
|
$
|
55,965
|
|
|
Computer
software (mobile apps)
|
|
|
83,999
|
|
|
|
83,999
|
|
|
Computer
software (internal)
|
|
|
51,263
|
|
|
|
51,263
|
|
|
Computer
and video equipment
|
|
|
17,632
|
|
|
|
17,632
|
|
|
Office
furniture
|
|
|
24,526
|
|
|
|
24,526
|
|
|
|
|
|
353,385
|
|
|
|
233,385
|
|
|
Less:
accumulated depreciation and
impairment adjustment
|
|
|
(119,251
|
)
|
|
|
(109,403
|
)
|
|
Total
property and equipment
|
|
$
|
234,134
|
|
|
$
|
123,982
|
|
Depreciation
expense for the three months ended November 30, 2012 and
2011 amounted to $9,848 and $39,997, respectively.
|
| X |
- Definition
The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760
Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13-14)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682
Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 12
-Paragraph 5
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.
Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229
Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230
+ Details
| Name: |
us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
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