Annual report pursuant to Section 13 and 15(d)

Financing Costs, Net

v3.21.2
Financing Costs, Net
12 Months Ended
Aug. 31, 2020
Financing Costs Net [Abstract]  
FINANCING COSTS, NET
25. FINANCING COSTS, NET

Financing costs, net, consists of the following:


    Year ended
August 31,
2020
    Year ended
August 31,
2019
 
             
Interest expense on borrowings   $ 1,256,985     $ 8,095  
Amortization of debt discount     1,414,626       1,217,340  
    $ 2,671,611     $ 1,225,435