Annual report pursuant to Section 13 and 15(d)

Financing Costs, Net

v3.21.2
Financing Costs, Net
12 Months Ended
Aug. 31, 2020
Financing Costs Net [Abstract]
FINANCING COSTS, NET
25. FINANCING COSTS, NET

Financing costs, net, consists of the following:


Year ended
August 31,
2020
Year ended
August 31,
2019
Interest expense on borrowings $ 1,256,985 $ 8,095
Amortization of debt discount 1,414,626 1,217,340
$ 2,671,611 $ 1,225,435