Other Expense (Income), Net (Details) - Schedule of other expense (income), net - USD ($) |
12 Months Ended | |
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Aug. 31, 2021 |
Aug. 31, 2020 |
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Schedule of other expense (income), net [Abstract] | ||
Loss (gain) on settlement of liabilities | $ 48,283 | $ 524,971 |
Loss on conversion of convertible debt | 1,033,921 | 744,918 |
Loss (gain) on debt extinguishment | 416,480 | (54,378) |
Penalty on convertible notes | 202,908 | 610,312 |
Forgiveness of federal relief loans | (133,890) | |
Interest income | (3,800) | (29,317) |
Total | $ 1,563,902 | $ 746,564 |
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- Definition Gross amount of debt extinguished. No definition available.
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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 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 Consideration given by issuer of convertible debt to provide an incentive for debt holders to convert the debt to equity securities. The expense is equal to the fair value of all securities and other consideration transferred in the transaction in excess of the fair value of securities issuable pursuant to the original conversion terms. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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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