Quarterly report pursuant to Section 13 or 15(d)

Financing Costs, Net

v3.21.2
Financing Costs, Net
6 Months Ended
Feb. 29, 2020
Financing Costs Net [Abstract]  
FINANCING COSTS, NET
22. FINANCING COSTS, NET

Financing costs, net, consists of the following:


    Three months
ended
February 29,
2020
    Three months
ended
February 28,
2019
    Six months
ended
February 29,
2020
    Six months
ended
February 28,
2019
 
                         
Interest expense on borrowings   $ 148,632     $ 111,924     $ 291,940     $ 157,011  
Amortization of debt discount     319,277       1,054,709       672,372       1,470,406  
Other     11,639       (3,864 )     24,530       12,926  
    $ 479,548     $ 1,162,769     $ 988,842     $ 1,640,343