Financing Costs, Net (Details) - Schedule of financing costs net - USD ($) |
3 Months Ended | 9 Months Ended | ||
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May 31, 2021 |
May 31, 2020 |
May 31, 2021 |
May 31, 2020 |
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Schedule of financing costs net [Abstract] | ||||
Interest expense | $ 874,995 | $ 200,028 | $ 1,468,091 | $ 491,968 |
Amortization of debt discount | 493,837 | 368,417 | 1,265,729 | 1,040,789 |
Other | 2,183 | 26,713 | ||
Total | $ 1,368,832 | $ 570,628 | $ 2,733,820 | $ 1,559,470 |
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- Definition Financing costs net. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate amount of interest expense on all borrowings. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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