Quarterly report pursuant to Section 13 or 15(d)

Other Expense (Income), Net

v3.21.2
Other Expense (Income), Net
6 Months Ended
Feb. 28, 2021
Other Income and Expenses [Abstract]  
OTHER EXPENSE (INCOME), NET
20. OTHER EXPENSE (INCOME), NET

Other expense (income), net, consists of the following:


    Three months
ended
February 28,
2021
    Three months
ended
February 29,
2020
    Six months
ended
February 28,
2021
    Six months
ended
February 29,
2020
 
                         
Loss (gain) on settlement of liabilities   $ (86,207 )   $ (265,360 )   $ 48,283     $ (427,907 )
Loss (gain) on conversion of convertible debt     232,535       -       313,196       (231,862 )
Loss on debt extinguishment     -       -       330,256       -  
Interest income     (935 )     (25,318 )     (1,883 )     (47,589 )
    $ 145,393     $ (290,678 )   $ 689,852     $ (707,358 )