Income Taxes - Effective income tax rate (Details) - USD ($) |
12 Months Ended | ||
---|---|---|---|
Aug. 31, 2020 |
Aug. 31, 2019 |
Aug. 31, 2018 |
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Income Taxes | |||
Federal statutory rate (21%) | $ 19,000,000 | $ 2,673,000 | |
Non-deductible penalties and other permanent differences | (49,000) | (430,000) | |
State taxes (8.84%) | 1,688,000 | 1,116,000 | |
Redetermination of prior year taxes | (184,000) | ||
Loss on debt extinguishment | (747,000) | ||
Preferred Option exchange expense | (13,039,000) | ||
Loss on inducement | (453,000) | ||
Change in fair value of derivative and warrant liability | (2,569,000) | ||
Change in valuation allowance | (6,584,000) | (3,359,000) | |
Income Tax Expense (Benefit), Total |
X | ||||||||||
- Definition NA No definition available.
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X | ||||||||||
- Definition Amount of expense (income) related to adjustment to fair value of derivative and warrant liability. No definition available.
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X | ||||||||||
- Definition Amount represents the effective income tax rate of loss on debt extinguishment. No definition available.
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X | ||||||||||
- Definition Amount represents the information related to loss on inducement No definition available.
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X | ||||||||||
- Definition NA No definition available.
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X | ||||||||||
- Definition Amount represents the information related to preferred option exchange expense. No definition available.
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X | ||||||||||
- Definition NA No definition available.
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X | ||||||||||
- Definition Na No definition available.
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X | ||||||||||
- References No definition available.
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X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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X | ||||||||||
- Definition The amount of income tax expense or benefit for the period computed by applying the domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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