Quarterly report pursuant to Section 13 or 15(d)

WARRANT LIABILITY (Details)

v3.20.1
WARRANT LIABILITY (Details) - Derivative Warrant Liability
3 Months Ended 6 Months Ended
Feb. 29, 2020
USD ($)
Feb. 28, 2019
USD ($)
Feb. 29, 2020
USD ($)
Feb. 28, 2019
USD ($)
Aug. 31, 2019
USD ($)
Jun. 30, 2018
USD ($)
shares
Credit Derivatives [Line Items]            
Warrants issued | shares           3,750
Estimated fair value of outstanding warrant liabilities $ 849,000   $ 849,000   $ 5,444,000 $ 15,350,000
Term of warrants           5 years
Changes in derivative liability $ (1,390,000) $ (1,271,000) $ (4,595,000) $ (1,055,000)    
Stock price            
Credit Derivatives [Line Items]            
Measurement input 1.07   1.07      
Volatility            
Credit Derivatives [Line Items]            
Measurement input 0.831   0.831      
Risk-free rate            
Credit Derivatives [Line Items]            
Measurement input 0.86   0.86      
Annual dividend yield            
Credit Derivatives [Line Items]            
Measurement input 0.000   0.000      
Expected life            
Credit Derivatives [Line Items]            
Term of warrants 3 years 3 months 18 days   3 years 3 months 18 days