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