Quarterly report pursuant to Section 13 or 15(d)

FINANCING COSTS, NET

v3.20.1
FINANCING COSTS, NET
 6 Months Ended
Feb. 29, 2020
Financing Costs, Net [Abstract]  
FINANCING COSTS, NET

22.

FINANCING COSTS, NET

Financing costs, net, consists of the following:

   

Three months
ended
February 29,
2020

    

Three months
ended
February 28,
2019

      

Six months
ended
February 29,
2020

      

Six months
ended
February 28,
2019

  
                             
Interest expense on borrowings   $ 148,632     $ 111,924     $ 291,940     $ 157,011  
                                 
Amortization of debt discount     319,277       1,054,709       672,372       1,470,406  
Other     11,639       (3,864 )     24,530       12,926  
    $ 479,548     $ 1,162,769     $ 988,842     $ 1,640,343