Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) - Related Party [Member] - US Convertible Debenture 1 [Member] - USD ($) |
3 Months Ended | 12 Months Ended | |||||
---|---|---|---|---|---|---|---|
Sep. 15, 2022 |
Apr. 15, 2021 |
Jul. 26, 2019 |
Oct. 31, 2018 |
Aug. 31, 2023 |
Aug. 31, 2022 |
May 31, 2021 |
|
Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) [Line Items] | |||||||
amount | $ 4,000,000 | ||||||
interest | 8.00% | ||||||
Convertible | The U.S. Convertible Debenture 1 was convertible into units (the “Convertible Debenture Units”) at a conversion price of $3.20 per Convertible Debenture Unit. Each Convertible Debenture Unit consisted of (i) one share of the Company’s common stock, and (ii) one-half of one warrant, with each warrant exercisable for three years to purchase a share of common stock at a price of $4.40. | ||||||
mature | 3 years | ||||||
Discount | $ 3,254,896 | ||||||
accrued interest | $ 36,036 | $ 90,089 | |||||
interest payments | $ 0 | $ 90,089 | |||||
amended | (i) the conversion price of debentures with a principal amount of $2,702,674 was reduced to $0.285 per unit, and these debentures along with accrued interest in the amount of $45,044 were converted to 9,641,118 shares of common stock and warrants to purchase 4,820,560 shares of common stock; (ii) the conversion price of the remaining debentures with a principal amount of $1,801,783 was reduced to $0.40 per share; (iii) the maturity date of 50% of the remaining debentures with a principal amount of $900,891.50 was extended to December 31, 2023, and the maturity date of 50% of the remaining debentures with a principal amount of $900,891.50 was extended to December 31, 2024; and (iv) the conversion price of the warrants issuable upon conversion of the debentures was reduced to $0.40. | (i) the conversion price of the debenture was reduced to $1.20 per unit; and (ii) the maturity date was extended from October 31, 2021 to October 31, 2022. | should the Company issue or sell common stock or equity securities convertible into common stock at a price less than the conversion price of the U.S. Convertible Debenture 1, the conversion price of U.S. Convertible Debenture 1 would be reduced to such issuance price, and the exercise price of the warrant Issuable in connection with U.S. Convertible Debenture 1 would be exercisable at a price equal to 137.5% of the adjusted conversion price at the time of conversion. | ||||
loss on extinguishment of debt | $ 1,689,368 | $ 2,038,803 | |||||
conversion shares (in Shares) | 9,641,118 | ||||||
warrants (in Shares) | 4,820,560 | ||||||
Principal [Member] | |||||||
Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) [Line Items] | |||||||
conversion | $ 2,702,674 | ||||||
Accrued Interest [Member] | |||||||
Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) [Line Items] | |||||||
conversion | $ 45,044 | ||||||
Note Warrant [Member] | |||||||
Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) [Line Items] | |||||||
loss on extinguishment of debt | 894,090 | ||||||
Conversion Options [Member] | |||||||
Convertible Notes Payable – Related Party (Details) - Convertible Debt (Parentheticals) [Line Items] | |||||||
loss on extinguishment of debt | $ 795,278 |