Annual report pursuant to Section 13 and 15(d)

Financing Costs, Net

v3.21.2
Financing Costs, Net
12 Months Ended
Aug. 31, 2021
Financing Costs Net [Abstract]  
FINANCING COSTS, NET
27. FINANCING COSTS, NET

 

Financing costs, net, consists of the following:

 

    Year ended
August 31,
2021
  Year ended
August 31,
2020
         
Interest and penalty on borrowings   $ 1,820,459     $ 1,256,985  
Amortization of debt discount     2,907,121       1,414,626  
    $ 4,727,580     $ 2,671,611