Quarterly report pursuant to Section 13 or 15(d)

Other Expense (Income), Net

v3.21.4
Other Expense (Income), Net
3 Months Ended
Nov. 30, 2021
Other Income and Expenses [Abstract]  
OTHER EXPENSE (INCOME), NET
22. OTHER EXPENSE (INCOME), NET

 

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

 

  Three months
ended
November 30,
2021
    Three months
ended
November 30,
2020
 
Loss (gain) on settlement of liabilities   $
-
    $ 134,490  
Loss (gain) on conversion of convertible debt    
-
      80,661  
Loss on debt extinguishment     444,398       330,256  
Forgiveness of federal relief loan     (133,890 )    
-
 
Interest income     (28,947 )     (948 )
    $ 281,561     $ 544,459