Other Expense (Income), Net (Details) - Schedule of other expense (income), 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 other expense (income), net [Abstract] | ||||
Loss (gain) on settlement of liabilities | $ 48,283 | $ (427,907) | ||
Loss (gain) on conversion of convertible debt | 83,894 | 53,130 | 397,090 | (178,732) |
Loss on debt extinguishment | 330,256 | |||
Impairment of investments | 75,000 | 75,000 | ||
Interest income | (960) | (10,311) | (2,843) | (57,900) |
Total | $ 82,934 | $ 117,819 | $ 772,786 | $ (589,539) |
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- Definition The carrying amount Loss on settlement of liabilities.	. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income earned from interest bearing assets classified as other. No definition available.
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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