2022 Q4 Form 10-Q Financial Statement
#000149315223005697 Filed on February 21, 2023
Income Statement
Concept | 2022 Q4 | 2021 Q4 |
---|
Balance Sheet
Concept | 2022 Q4 | 2021 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $40.43K | $197.3K |
YoY Change | -79.51% | -45.27% |
Cash & Equivalents | $40.43K | $63.38K |
Short-Term Investments | $133.9K | |
Other Short-Term Assets | $389.4K | $440.7K |
YoY Change | -11.63% | -63.12% |
Inventory | $404.9K | $643.9K |
Prepaid Expenses | $28.76K | |
Receivables | $110.5K | $707.5K |
Other Receivables | $0.00 | $196.0K |
Total Short-Term Assets | $1.172M | $2.185M |
YoY Change | -46.37% | -0.67% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.465M | $4.220M |
YoY Change | -17.89% | 334.46% |
Goodwill | $757.6K | |
YoY Change | ||
Intangibles | $10.65M | |
YoY Change | ||
Long-Term Investments | $441.4K | $380.7K |
YoY Change | 15.96% | -32.61% |
Other Assets | $6.970K | |
YoY Change | ||
Total Long-Term Assets | $15.52M | $16.01M |
YoY Change | -3.06% | 791.57% |
TOTAL ASSETS | ||
Total Short-Term Assets | $1.172M | $2.185M |
Total Long-Term Assets | $15.52M | $16.01M |
Total Assets | $16.69M | $18.19M |
YoY Change | -8.27% | 355.31% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.514M | $2.422M |
YoY Change | -37.46% | |
Accrued Expenses | $283.5K | $911.5K |
YoY Change | -68.89% | 19.33% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $3.028M | $1.584M |
YoY Change | 91.14% | -30.8% |
Long-Term Debt Due | $967.4K | $814.5K |
YoY Change | 18.77% | 80.76% |
Total Short-Term Liabilities | $14.22M | $9.811M |
YoY Change | 44.97% | 17.86% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $5.789M | $5.790M |
YoY Change | -0.03% | 2045.34% |
Other Long-Term Liabilities | $218.6K | $385.1K |
YoY Change | -43.23% | -39.99% |
Total Long-Term Liabilities | $6.007M | $6.175M |
YoY Change | -2.72% | 577.43% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $14.22M | $9.811M |
Total Long-Term Liabilities | $6.007M | $6.175M |
Total Liabilities | $20.23M | $15.58M |
YoY Change | 29.89% | 68.63% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$86.59M | |
YoY Change | ||
Common Stock | $11.98M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$2.877M | $2.616M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $16.69M | $18.19M |
YoY Change | -8.27% | 355.31% |
Cashflow Statement
Concept | 2022 Q4 | 2021 Q4 |
---|
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000919175 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q4 | SGMD |
Share To Be Issued Preferred Stock
ShareToBeIssuedPreferredStock
|
usd | |
CY2022Q2 | SGMD |
Share To Be Issued Preferred Stock
ShareToBeIssuedPreferredStock
|
usd | |
CY2022Q4 | us-gaap |
Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
|
usd | |
CY2022Q4 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | |
CY2021Q4 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
usd | ||
CY2022Q4 | us-gaap |
Advertising Expense
AdvertisingExpense
|
usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
usd | ||
CY2022Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | ||
CY2021Q4 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
usd | |
CY2022Q4 | SGMD |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
usd | |
CY2021Q4 | SGMD |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
usd | |
SGMD |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
usd | ||
CY2022Q4 | SGMD |
Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
|
usd | |
CY2021Q4 | SGMD |
Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
|
usd | |
SGMD |
Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
|
usd | ||
CY2022Q4 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | ||
CY2022Q4 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
usd | ||
CY2022Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | ||
CY2021Q3 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
usd | |
CY2021Q3 | SGMD |
Stock Issued During Period Valuefor Contribution Of Capital To Noncontrolling Minority
StockIssuedDuringPeriodValueforContributionOfCapitalToNoncontrollingMinority
|
usd | |
CY2021Q4 | SGMD |
Repayment Of Capital Value
RepaymentOfCapitalValue
|
usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
usd | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
usd | ||
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
usd | ||
SGMD |
Gain Loss On Interest Expenses
GainLossOnInterestExpenses
|
usd | ||
us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
usd | ||
SGMD |
Proceeds From Repayments Of Note Payable Related Parties Net
ProceedsFromRepaymentsOfNotePayableRelatedPartiesNet
|
usd | ||
SGMD |
Subscription Receivable
SubscriptionReceivable
|
usd | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
usd | ||
us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
usd | ||
us-gaap |
Interest Paid
InterestPaid
|
usd | ||
us-gaap |
Interest Paid
InterestPaid
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
SGMD |
Reduction In Derivative Liability Due To Conversion
ReductionInDerivativeLiabilityDueToConversion
|
usd | ||
SGMD |
Debt Discount Related To Convertible Debt
DebtDiscountRelatedToConvertibleDebt
|
usd | ||
us-gaap |
Notes Issued1
NotesIssued1
|
usd | ||
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
usd | |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
usd | ||
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
usd | |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
usd | |
us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
usd | ||
us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
usd | ||
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
usd | |
us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Advertising Expense
DisposalGroupIncludingDiscontinuedOperationAdvertisingExpense
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Advertising Expense
DisposalGroupIncludingDiscontinuedOperationAdvertisingExpense
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Marketing And Research Expense
DisposalGroupIncludingDiscontinuedOperationMarketingAndResearchExpense
|
usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Marketing And Research Expense
DisposalGroupIncludingDiscontinuedOperationMarketingAndResearchExpense
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Marketing And Research Expense
DisposalGroupIncludingDiscontinuedOperationMarketingAndResearchExpense
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Salaries And Wages
DisposalGroupIncludingDiscontinuedOperationSalariesAndWages
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Salaries And Wages
DisposalGroupIncludingDiscontinuedOperationSalariesAndWages
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Other Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherNonoperatingIncomeExpense
|
usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Other Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherNonoperatingIncomeExpense
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Other Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherNonoperatingIncomeExpense
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Interest Expense Debt Excluding Amortization
DisposalGroupIncludingDiscontinuedOperationInterestExpenseDebtExcludingAmortization
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Interest Expense Debt Excluding Amortization
DisposalGroupIncludingDiscontinuedOperationInterestExpenseDebtExcludingAmortization
|
usd | ||
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Income Tax Expense Benefit
DisposalGroupIncludingDiscontinuedOperationIncomeTaxExpenseBenefit
|
usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Income Tax Expense Benefit
DisposalGroupIncludingDiscontinuedOperationIncomeTaxExpenseBenefit
|
usd | |
SGMD |
Disposal Group Including Discontinued Operation Income Tax Expense Benefit
DisposalGroupIncludingDiscontinuedOperationIncomeTaxExpenseBenefit
|
usd | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
SGMD |
Disposal Group Including Discontinued Operation Income Tax Expense Benefit
DisposalGroupIncludingDiscontinuedOperationIncomeTaxExpenseBenefit
|
usd | ||
CY2022Q3 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
usd | |
SGMD |
Derivative Liabilities Reclassification To Additional Paid In Capital Due To Conversions
DerivativeLiabilitiesReclassificationToAdditionalPaidInCapitalDueToConversions
|
usd | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-12-31 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
000-23446 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
SUGARMADE, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
94-3008888 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
750 Royal Oaks Dr. | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 108 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Monrovia | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
91016 | ||
dei |
City Area Code
CityAreaCode
|
(888) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
982-1628 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2023Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
12475800701 | shares |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
40434 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
161014 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
110534 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
29822 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
404938 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
416643 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
389438 | usd |
CY2022Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
185787 | usd |
CY2022Q4 | SGMD |
Operating Lease Right Of Use Asset Current
OperatingLeaseRightOfUseAssetCurrent
|
155966 | usd |
CY2022Q2 | SGMD |
Operating Lease Right Of Use Asset Current
OperatingLeaseRightOfUseAssetCurrent
|
219494 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
70723 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
70723 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1172033 | usd |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
1083483 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3464845 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3657777 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
10645699 | usd |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
10648921 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
757648 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
757648 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
199163 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
266760 | usd |
CY2022Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
441407 | usd |
CY2022Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
441407 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
6971 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
|
13914 | usd |
CY2022Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
15515734 | usd |
CY2022Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
15786427 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
16687766 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
16869910 | usd |
CY2022Q4 | SGMD |
Note Payable Due To Bank Current
NotePayableDueToBankCurrent
|
25982 | usd |
CY2022Q2 | SGMD |
Note Payable Due To Bank Current
NotePayableDueToBankCurrent
|
25982 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2048860 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1989525 | usd |
CY2022Q4 | SGMD |
Customer Deposit Current
CustomerDepositCurrent
|
883276 | usd |
CY2022Q2 | SGMD |
Customer Deposit Current
CustomerDepositCurrent
|
951664 | usd |
CY2022Q4 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
98654 | usd |
CY2022Q2 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
67906 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
420878 | usd |
CY2022Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
473799 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1146006 | usd |
CY2022Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
873971 | usd |
CY2022Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
380600 | usd |
CY2022Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
20000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
166483 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
233201 | usd |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
967381 | usd |
CY2022Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
935975 | usd |
CY2022Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
273941 | usd |
CY2022Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
280295 | usd |
CY2022Q4 | SGMD |
Convertible Note Payable Current
ConvertibleNotePayableCurrent
|
2347121 | usd |
CY2022Q2 | SGMD |
Convertible Note Payable Current
ConvertibleNotePayableCurrent
|
1459536 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
4489332 | usd |
CY2022Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
5521284 | usd |
CY2022Q4 | SGMD |
Warrants Liabilities
WarrantsLiabilities
|
1116 | usd |
CY2022Q2 | SGMD |
Warrants Liabilities
WarrantsLiabilities
|
3100 | usd |
CY2022Q4 | SGMD |
Shares To Be Issued
SharesToBeIssued
|
298847 | usd |
CY2022Q2 | SGMD |
Shares To Be Issued
SharesToBeIssued
|
283077 | usd |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
675319 | usd |
CY2022Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
675012 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14223798 | usd |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
13794327 | usd |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
736257 | usd |
CY2022Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
825239 | usd |
CY2022Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
4826858 | usd |
CY2022Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
4828442 | usd |
CY2022Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
225518 | usd |
CY2022Q2 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
101828 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
218624 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
290948 | usd |
CY2022Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
6007258 | usd |
CY2022Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
6046457 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
20231056 | usd |
CY2021Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
571645 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1169073 | usd | |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
11980144 | usd |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
11825389 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
71685807 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
71260522 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
|
10042 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
19840784 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11980144738 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11980144738 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11825389576 | shares |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11825389576 | shares |
CY2022Q4 | SGMD |
Share To Be Issued Common Stock
ShareToBeIssuedCommonStock
|
40008 | usd |
CY2022Q2 | SGMD |
Share To Be Issued Common Stock
ShareToBeIssuedCommonStock
|
40008 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-86585190 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-85437392 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2876689 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2318974 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
-666600 | usd |
CY2022Q2 | us-gaap |
Minority Interest
MinorityInterest
|
-651900 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3543290 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2970874 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16687766 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
16869910 | usd |
CY2022Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
499441 | usd |
CY2021Q4 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
538815 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1208592 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
977358 | usd | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
631 | usd | |
CY2022Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
257821 | usd |
CY2021Q4 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
461873 | usd |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
720730 | usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
848812 | usd | |
CY2022Q4 | us-gaap |
Gross Profit
GrossProfit
|
241620 | usd |
CY2021Q4 | us-gaap |
Gross Profit
GrossProfit
|
76942 | usd |
us-gaap |
Gross Profit
GrossProfit
|
488493 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
128546 | usd | |
CY2022Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
382989 | usd |
CY2021Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
336980 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
734545 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
655637 | usd | |
CY2021Q4 | us-gaap |
Advertising Expense
AdvertisingExpense
|
4474 | usd |
us-gaap |
Advertising Expense
AdvertisingExpense
|
4474 | usd | |
CY2022Q4 | us-gaap |
Marketing Expense
MarketingExpense
|
19768 | usd |
CY2021Q4 | us-gaap |
Marketing Expense
MarketingExpense
|
36992 | usd |
us-gaap |
Marketing Expense
MarketingExpense
|
46430 | usd | |
us-gaap |
Marketing Expense
MarketingExpense
|
71420 | usd | |
CY2022Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
181287 | usd |
CY2021Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
83549 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
258783 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
280115 | usd | |
CY2022Q4 | us-gaap |
Salaries And Wages
SalariesAndWages
|
73337 | usd |
CY2021Q4 | us-gaap |
Salaries And Wages
SalariesAndWages
|
87150 | usd |
us-gaap |
Salaries And Wages
SalariesAndWages
|
121814 | usd | |
us-gaap |
Salaries And Wages
SalariesAndWages
|
226607 | usd | |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3500 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22500 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7500 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
124000 | usd | |
CY2022Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
660881 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1362253 | usd | |
CY2022Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-419261 | usd |
CY2021Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-494704 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-680580 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1233706 | usd | |
CY2022Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2079 | usd |
CY2021Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
7886 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
17170 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2997 | usd | |
CY2022Q4 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
391525 | usd |
CY2021Q4 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
1093182 | usd |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
584571 | usd | |
us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
1251050 | usd | |
CY2021Q4 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
7 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
7 | usd | |
CY2022Q4 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-2433745 | usd |
CY2021Q4 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-390306 | usd |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1264186 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-65073 | usd | |
CY2022Q4 | SGMD |
Warrant Income Expense
WarrantIncomeExpense
|
-560738 | usd |
CY2021Q4 | SGMD |
Warrant Income Expense
WarrantIncomeExpense
|
6347 | usd |
SGMD |
Warrant Income Expense
WarrantIncomeExpense
|
-558696 | usd | |
SGMD |
Warrant Income Expense
WarrantIncomeExpense
|
14637 | usd | |
CY2022Q4 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-17986 | usd |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-17986 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-28 | usd | |
CY2022Q4 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
386874 | usd |
CY2021Q4 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
24071 | usd |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
676675 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
156651 | usd | |
SGMD |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
1050 | usd | |
SGMD |
Gains On Extinguishment Of Debt
GainsOnExtinguishmentOfDebt
|
112051 | usd | |
CY2021Q4 | us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-215862 | usd |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-857979 | usd | |
CY2022Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3788789 | usd |
CY2021Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1709195 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-444520 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2314205 | usd | |
CY2021Q4 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-16270 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-60747 | usd | |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4208050 | usd |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2220169 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1125100 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3608658 | usd | |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-4208050 | usd |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2220169 | usd |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-1125100 | usd | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-3608658 | usd | |
CY2022Q4 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-24950 | usd |
CY2021Q4 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-690833 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-37397 | usd | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-1205064 | usd | |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-4233000 | usd |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-2911002 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-1162497 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-4813722 | usd | |
CY2022Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-11701 | usd |
CY2021Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-54168 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-14701 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-361519 | usd | |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4221301 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2856834 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1147796 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4452203 | usd | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12195967869 | shares |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8728862892 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12063196489 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8509797777 | shares | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2970874 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
19360 | usd |
CY2022Q3 | SGMD |
Shares Issued For Subscription Receivable Common Stock Value
SharesIssuedForSubscriptionReceivableCommonStockValue
|
10042 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
3070503 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
129030 | usd |
CY2022Q4 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
560680 | usd |
CY2022Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-4233000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3543290 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4770218 | usd |
CY2021Q3 | SGMD |
Reclass Derivative Liability To Equity From Conversion
ReclassDerivativeLiabilityToEquityFromConversion
|
576214 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
385266 | usd |
CY2021Q3 | SGMD |
Shares Issued For Subscription Receivable Common Stock Value
SharesIssuedForSubscriptionReceivableCommonStockValue
|
500000 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-1902718 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4328979 | usd |
CY2021Q4 | SGMD |
Reclass Derivative Liability To Equity From Conversion
ReclassDerivativeLiabilityToEquityFromConversion
|
192857 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
150000 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
444000 | usd |
CY2021Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-2911002 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2204834 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1147796 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4452203 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-14701 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-361519 | usd | |
SGMD |
Excess Derivative Expense
ExcessDerivativeExpense
|
14285 | usd | |
SGMD |
Excess Derivative Expense
ExcessDerivativeExpense
|
1118990 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-17986 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
112051 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
676675 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
156651 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7500 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
124000 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
1264186 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-65073 | usd | |
SGMD |
Change In Exercise Of Warrant
ChangeInExerciseOfWarrant
|
558696 | usd | |
SGMD |
Change In Exercise Of Warrant
ChangeInExerciseOfWarrant
|
-14637 | usd | |
us-gaap |
Depreciation
Depreciation
|
84880 | usd | |
us-gaap |
Depreciation
Depreciation
|
68702 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
967 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
888 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-60747 | usd | |
us-gaap |
Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
|
-857979 | usd | |
SGMD |
Nonoperating Imputed Interest Of Lease Liabilities
NonoperatingImputedInterestOfLeaseLiabilities
|
7917 | usd | |
SGMD |
Nonoperating Imputed Interest Of Lease Liabilities
NonoperatingImputedInterestOfLeaseLiabilities
|
3188 | usd | |
SGMD |
Gain Loss On Interest Expenses
GainLossOnInterestExpenses
|
-245680 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
80711 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-117381 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-11705 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
202338 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
203652 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7274 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-52920 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-131502 | usd | |
SGMD |
Increase Decrease In Accounts Payable And Accrued Liability
IncreaseDecreaseInAccountsPayableAndAccruedLiability
|
379931 | usd | |
SGMD |
Increase Decrease In Accounts Payable And Accrued Liability
IncreaseDecreaseInAccountsPayableAndAccruedLiability
|
9354 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-37640 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
150915 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
292034 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
43121 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-631237 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-2398860 | usd | |
us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
308 | usd | |
us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-336 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-630929 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2399196 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
-5997 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
1213278 | usd | |
us-gaap |
Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
|
11777 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
17774 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1213278 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
19360 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
430680 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
359016 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-108860 | usd | |
SGMD |
Proceeds From Repayments Of Note Payable Related Parties Net
ProceedsFromRepaymentsOfNotePayableRelatedPartiesNet
|
-15427 | usd | |
SGMD |
Proceeds From Share To Be Issued
ProceedsFromShareToBeIssued
|
8270 | usd | |
SGMD |
Proceeds From Share To Be Issued
ProceedsFromShareToBeIssued
|
500000 | usd | |
SGMD |
Subscription Receivable
SubscriptionReceivable
|
10042 | usd | |
SGMD |
Proceeds From Repayments Of Loan
ProceedsFromRepaymentsOfLoan
|
118380 | usd | |
SGMD |
Proceeds From Repayments Of Loan
ProceedsFromRepaymentsOfLoan
|
949546 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-26497 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
524226 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
148205 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
144200 | usd | |
us-gaap |
Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
|
-1260 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
492575 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2278905 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-120580 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1333569 | usd | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
161014 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1396944 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
40434 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
63375 | usd |
us-gaap |
Stock Issued1
StockIssued1
|
535269 | usd | |
SGMD |
Reduction In Derivative Liability Due To Conversion
ReductionInDerivativeLiabilityDueToConversion
|
769071 | usd | |
SGMD |
Debt Discount Related To Convertible Debt
DebtDiscountRelatedToConvertibleDebt
|
232234 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
100000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80E_eus-gaap--NatureOfOperations_zQ90VNmYh1Rd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_828_zlV5bT9cpA5l">Nature of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sugarmade, Inc. (hereinafter referred to as “we”, “us” or the “Company”) was originally incorporated on June 5, 1986 in California as Lab, Inc., and later that month, on June 24, 1986 changed its name to Software Professionals, Inc. On May 21, 1996, the Company changed its name to Enlighten Software Solutions, Inc. On June 20, 2007, Enlighten Software Solutions, Inc. was incorporated in Delaware for the purpose of merging with Enlighten Software Solutions, Inc. a California corporation so as to effect a redomicile to Delaware. On January 24, 2008, the Company changed its name to Diversified Opportunities, Inc. On May 9, 2011 we closed on a Share Exchange Agreement with Sugarmade, Inc., a California corporation founded in 2010, and on June 24, 2011 changed our name to Sugarmade, Inc.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 24, 2014 we acquired SWC Group, Inc., a California corporation doing business as, CarryOutSupplies.com (“Carry Out Supplies”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our Company operates much of its business activities through our subsidiaries, SWC Group, Inc., a California corporation (“SWC’’), NUG Avenue, Inc., a California corporation and <span id="xdx_90D_eus-gaap--VariableInterestEntityOwnershipPercentage_pid_dp_uPure_c20141023__20141024__dei--LegalEntityAxis__custom--NugAvenueIncMember_zC93J7QbEJoj" title="Ownership percentage">70</span>% owned subsidiary of the Company (“NUG Avenue”), and Lemon Glow Company, Inc., a California corporation and wholly owned subsidiary of the Company (“Lemon Glow”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shares of our common stock are quoted on the OTC Pink tier of OTC Markets. Our trading symbol is “SGMD”. Our corporate website is www.sugarmade.com.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of the date of this filing, we are involved in several business sectors and business ventures:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Paper and paper-based products: </b>The supply of consumable products to the quick-service restaurant sub-sector of the restaurant industry, and as an importer and distributor of non-medical personal protection equipment to business and consumers, via our Carry Out Supplies subsidiary. Carry Out Supplies is a producer and wholesaler of custom printed and generic supplies, servicing more than 2,000 quick-service restaurants. The primary products are plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, edible packaging, food containers, soup containers, plastic spoons, and similar products for this market sector. This subsidiary, which was formed in 2009.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Cannabis products delivery services:</b> Following the end of the COVID cannabis delivery boom, along with a challenging cannabis retail climate from inflation, the black market, increased marketing expenses, and the cannabis excise tax moving from distribution to retail, the company has decided to reduce investments in retail operations. The company made this decision as we see more promising opportunities to increase shareholder equity by pivoting the business strategy to deploy capital to invest in cannabis real estate, cultivation, and wholesale sectors vs. cannabis retail operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">After discussions with ECGI, Inc. and the management of Nug Avenue, we could not find a path to short term profitability. The company then decided to cease investing in Nug Avenue, which ultimately led to Nug Avenue discontinuing operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As part of pivoting our business strategy, the company negotiated with Indigo Dye Group Corp. (“Indigo”) to exchange our <span id="xdx_903_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_uPure_c20221231__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--IndigoDyeGroupCorpMember_zzJOP16G7ro9" title="Percentage of outstanding equity">32</span>% stake in Budcars for a stake in a distribution and indoor cultivation company in Santa Rosa, California. The company has already executed a share exchange agreement with Indigo. However, the final documents and terms of the new company are still being finalized. The company expects to complete the documents and announce the transition to new business post filing of this 10Q.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Selected cannabis and hemp projects:</b> On May 12, 2021, the Company entered into a Merger Agreement by and between Carnaby Spot Bay Corp, a California corporation and a wholly owned subsidiary of the Company (“Merger Sub”), Lemon Glow Company and Ryan Santiago as shareholder representative, pursuant to which Merger Sub would merge with and into Lemon Glow, with Lemon Glow being the surviving corporation (the “Merger”). Upon the closing of the merger, Lemon Glow was merged into the Company. The purpose of the transactions was to establish a licensed and permitted entity which Sugarmade would cultivate, manufacture, and distribute cannabis to the California markets. At the time of the transactions, none of Lemon Glow, Merger Sub, or Sugarmade was permitted and licensed for such activities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 28, 2021, Lemon Glow obtained a conditional Use Permit (UP) number from the Community Development Department of the County of Lake, California, which the Company believes is an important step towards the conditional UP for commercial cannabis cultivation at its property. The issuance of the conditional UP number by the County of Lake allows the Company to proceed with the state cannabis cultivation license application, and potentially obtain certain applicable permits, such as from the Department of Cannabis Control, Department of Food and Agriculture, Department of Pesticide Regulation, Department of Fish and Wildlife, The State Water Resources Control Board, Board of Forestry and Fire Protection, Central Valley or North Coast Regional Water Quality Control Board, Department of Public Health, and Department of Consumer Affairs, as may be required. The Company believes that obtaining the conditional UP number by the County of Lake could be the first step toward full approval to cultivate cannabis on up to 32 acres out of the total 640 acres of the property.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of the date of this filing, Sugarmade is working diligently on satisfying the conditions required by the County of Lake to allow the Company to cultivate cannabis. It is the Company’s intention to begin such activities at the earliest time possible, assuming permits are ultimately issued. Upon issuance, the company will determine the amount of acreages to grow initially based on market demand and pre-orders. However, no such license or permits have yet been issued, and applications are still pending. There can be no assurance that any such license or permits will be issued in the near future or at all.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once licensing and permits are issued, the company plans to divide the 32 canopy grow acres between four separate grow areas. These separate grow areas will allow the company to start with a single area and expand with demand. While waiting for demand to rise, dividing into separate grow areas will also provide an opportunity to lease the other grow areas to 3rd party or through partnership under Managed Service Agreement to generate additional revenue for the company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We believe the market demand will increase upon federal legalization allowing for interstate commerce of cannabis. Opening the doors for out of state licensees to purchase California grown cannabis flowers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once fully completed, we estimate the output of 32 acres of canopy, will have the capacity of 64 tons of dry flower or 300 tons of fresh frozen, requiring approximately 300,000 sq ft of storage space. We will continue to make plans to build more storage space while concurrent with the licensing process.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84A_eus-gaap--UseOfEstimates_zkTnQGyZAmWh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Use of estimates</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ significantly from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
757648 | usd |
us-gaap |
Revenues
Revenues
|
1209222 | usd | |
us-gaap |
Revenues
Revenues
|
2404606 | usd | |
CY2022Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
441407 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
441407 | usd |
CY2022Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
441407 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
70723 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Other Current Assets
DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets
|
70723 | usd |
CY2022Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
70723 | usd |
CY2022Q2 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
70723 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
|
4715 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
|
16492 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNoncurrent
|
2256 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNoncurrent
|
3222 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
6971 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
|
19714 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Assets
DisposalGroupIncludingDiscontinuedOperationAssets
|
77692 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Assets
DisposalGroupIncludingDiscontinuedOperationAssets
|
90436 | usd |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesCurrent
|
675319 | usd |
CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesCurrent
|
675012 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Loan Payable Related Parties Current
DisposalGroupIncludingDiscontinuedOperationLoanPayableRelatedPartiesCurrent
|
1657444 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Loan Payable Related Parties Current
DisposalGroupIncludingDiscontinuedOperationLoanPayableRelatedPartiesCurrent
|
1633097 | usd |
CY2022Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
2332763 | usd |
CY2022Q2 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
2308109 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Additional Paid In Capital
DisposalGroupIncludingDiscontinuedOperationAdditionalPaidInCapital
|
869045 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Additional Paid In Capital
DisposalGroupIncludingDiscontinuedOperationAdditionalPaidInCapital
|
869045 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Retained Earnings Accumulated Deficit
DisposalGroupIncludingDiscontinuedOperationRetainedEarningsAccumulatedDeficit
|
-3174122 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Retained Earnings Accumulated Deficit
DisposalGroupIncludingDiscontinuedOperationRetainedEarningsAccumulatedDeficit
|
-3136725 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Stockholders Equity
DisposalGroupIncludingDiscontinuedOperationStockholdersEquity
|
-2305077 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Stockholders Equity
DisposalGroupIncludingDiscontinuedOperationStockholdersEquity
|
-2267680 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Minority Interest
DisposalGroupIncludingDiscontinuedOperationMinorityInterest
|
50007 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Minority Interest
DisposalGroupIncludingDiscontinuedOperationMinorityInterest
|
50007 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Stockholders Equity Including Portion Attributable To Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2255070 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Stockholders Equity Including Portion Attributable To Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2217673 | usd |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Liabilities And Stockholders Equity
DisposalGroupIncludingDiscontinuedOperationLiabilitiesAndStockholdersEquity
|
77692 | usd |
CY2022Q2 | SGMD |
Disposal Group Including Discontinued Operation Liabilities And Stockholders Equity
DisposalGroupIncludingDiscontinuedOperationLiabilitiesAndStockholdersEquity
|
90436 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
697010 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
1427248 | usd | |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
697010 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
1427248 | usd | |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
9955 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
346765 | usd |
us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
11918 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
641247 | usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Advertising Expense
DisposalGroupIncludingDiscontinuedOperationAdvertisingExpense
|
541173 | usd |
SGMD |
Disposal Group Including Discontinued Operation Advertising Expense
DisposalGroupIncludingDiscontinuedOperationAdvertisingExpense
|
1054640 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Marketing And Research Expense
DisposalGroupIncludingDiscontinuedOperationMarketingAndResearchExpense
|
985 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Professional Expense
DisposalGroupIncludingDiscontinuedOperationProfessionalExpense
|
14513 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Professional Expense
DisposalGroupIncludingDiscontinuedOperationProfessionalExpense
|
106700 | usd |
SGMD |
Disposal Group Including Discontinued Operation Professional Expense
DisposalGroupIncludingDiscontinuedOperationProfessionalExpense
|
24513 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Professional Expense
DisposalGroupIncludingDiscontinuedOperationProfessionalExpense
|
220635 | usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Salaries And Wages
DisposalGroupIncludingDiscontinuedOperationSalariesAndWages
|
392588 | usd |
SGMD |
Disposal Group Including Discontinued Operation Salaries And Wages
DisposalGroupIncludingDiscontinuedOperationSalariesAndWages
|
713555 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Operating Expenses
DisposalGroupIncludingDiscontinuedOperationOperatingExpenses
|
24468 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Operating Expenses
DisposalGroupIncludingDiscontinuedOperationOperatingExpenses
|
1387226 | usd |
SGMD |
Disposal Group Including Discontinued Operation Operating Expenses
DisposalGroupIncludingDiscontinuedOperationOperatingExpenses
|
36431 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Operating Expenses
DisposalGroupIncludingDiscontinuedOperationOperatingExpenses
|
2631062 | usd | |
CY2022Q4 | us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-24468 | usd |
CY2021Q4 | us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-690215 | usd |
us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-36431 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-1203815 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Other Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationOtherNonoperatingIncomeExpense
|
-105 | usd | |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Interest Expense Debt Excluding Amortization
DisposalGroupIncludingDiscontinuedOperationInterestExpenseDebtExcludingAmortization
|
135 | usd |
SGMD |
Disposal Group Including Discontinued Operation Interest Expense Debt Excluding Amortization
DisposalGroupIncludingDiscontinuedOperationInterestExpenseDebtExcludingAmortization
|
178 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Amortization Of Intangible Asset
DisposalGroupIncludingDiscontinuedOperationAmortizationOfIntangibleAsset
|
483 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Amortization Of Intangible Asset
DisposalGroupIncludingDiscontinuedOperationAmortizationOfIntangibleAsset
|
483 | usd |
SGMD |
Disposal Group Including Discontinued Operation Amortization Of Intangible Asset
DisposalGroupIncludingDiscontinuedOperationAmortizationOfIntangibleAsset
|
967 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Amortization Of Intangible Asset
DisposalGroupIncludingDiscontinuedOperationAmortizationOfIntangibleAsset
|
967 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationNonoperatingIncomeExpense
|
-483 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationNonoperatingIncomeExpense
|
-618 | usd |
SGMD |
Disposal Group Including Discontinued Operation Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationNonoperatingIncomeExpense
|
-967 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Nonoperating Income Expense
DisposalGroupIncludingDiscontinuedOperationNonoperatingIncomeExpense
|
-1249 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Before Income Taxes Extraordinary Items Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-24951 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Before Income Taxes Extraordinary Items Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-690833 | usd |
SGMD |
Disposal Group Including Discontinued Operation Before Income Taxes Extraordinary Items Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-37397 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Before Income Taxes Extraordinary Items Noncontrolling Interest
DisposalGroupIncludingDiscontinuedOperationBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1205064 | usd | |
CY2022Q4 | SGMD |
Disposal Group Including Discontinued Operation Profit Loss
DisposalGroupIncludingDiscontinuedOperationProfitLoss
|
-24951 | usd |
CY2021Q4 | SGMD |
Disposal Group Including Discontinued Operation Profit Loss
DisposalGroupIncludingDiscontinuedOperationProfitLoss
|
-690833 | usd |
SGMD |
Disposal Group Including Discontinued Operation Profit Loss
DisposalGroupIncludingDiscontinuedOperationProfitLoss
|
-37397 | usd | |
SGMD |
Disposal Group Including Discontinued Operation Profit Loss
DisposalGroupIncludingDiscontinuedOperationProfitLoss
|
-1205064 | usd | |
CY2022Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2022Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
40434 | usd |
CY2022Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
161014 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
5875 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
50112 | usd |
CY2022Q4 | SGMD |
Prepaid Inventory Current
PrepaidInventoryCurrent
|
50708 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
110534 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
29822 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
321560 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
321560 | usd |
us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
0 | usd | |
us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
642117 | usd | |
CY2021Q3 | us-gaap |
Trading Securities Debt
TradingSecuritiesDebt
|
857979 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
404938 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
416643 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2022Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2022Q4 | SGMD |
Prepaid Deposit Current
PrepaidDepositCurrent
|
303087 | usd |
CY2022Q2 | SGMD |
Prepaid Deposit Current
PrepaidDepositCurrent
|
124488 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
4719 | usd |
CY2022Q2 | SGMD |
Prepaid Inventory Current
PrepaidInventoryCurrent
|
47708 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
28755 | usd |
CY2022Q4 | SGMD |
Other Asset
OtherAsset
|
6888 | usd |
CY2022Q2 | SGMD |
Other Asset
OtherAsset
|
8872 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
389438 | usd |
CY2022Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
185787 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4278184 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4336552 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
766233 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
678775 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3464845 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3657777 | usd |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
84880 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
68702 | usd | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
757648 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
757648 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2048860 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1989525 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1514423 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1460260 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
283540 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
278370 | usd |
CY2022Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
250898 | usd |
CY2022Q2 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
250898 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2048860 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1989525 | usd |
CY2017Q1 | us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
227000 | usd |
CY2022Q4 | us-gaap |
Deposit Assets
DepositAssets
|
883276 | usd |
CY2022Q2 | us-gaap |
Deposit Assets
DepositAssets
|
951664 | usd |
CY2022Q2 | us-gaap |
Deposit Assets
DepositAssets
|
951664 | usd |
CY2022Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
306767 | usd |
SGMD |
Customer Deposite Revenue Recognized
CustomerDepositeRevenueRecognized
|
-375155 | usd | |
CY2022Q4 | us-gaap |
Deposit Assets
DepositAssets
|
883276 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
420878 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
473799 | usd |
CY2022Q4 | SGMD |
Number Of Credit Cards
NumberOfCreditCards
|
8 | integer |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
2572640 | usd |
CY2022Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1561364 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
891604 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1185079 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
4489332 | usd |
CY2022Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
5521284 | usd |
us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
1264186 | usd | |
us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
325234 | usd | |
CY2022Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
5521284 | usd |
SGMD |
Derivative Liabilities Additions
DerivativeLiabilitiesAdditions
|
175091 | usd | |
SGMD |
Derivative Liabilities Mark To Market
DerivativeLiabilitiesMarkToMarket
|
-1274027 | usd | |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
4422348 | usd |
CY2022Q4 | SGMD |
Fair Value Of Warrants Liability
FairValueOfWarrantsLiability
|
1116 | usd |
CY2022Q2 | SGMD |
Fair Value Of Warrants Liability
FairValueOfWarrantsLiability
|
3100 | usd |
CY2022Q4 | SGMD |
Fair Value Of Warrants Cost
FairValueOfWarrantsCost
|
560680 | usd |
CY2022Q2 | SGMD |
Fair Value Of Warrants Cost
FairValueOfWarrantsCost
|
0 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
1703639 | usd |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
967381 | usd |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
736257 | usd |
CY2022Q2 | us-gaap |
Loans Payable
LoansPayable
|
1761214 | usd |
CY2022Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
935975 | usd |
CY2022Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
825239 | usd |
CY2022Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
273941 | usd |
CY2022Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
163831 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
10000000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10010000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000000000 | shares |
CY2020Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2020Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2020Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11980144738 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11980144738 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11825389576 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11825389576 | shares |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
131124 | usd | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y3M | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.10 | pure |
CY2022Q4 | SGMD |
Operating Lease Right Of Use Asset Current
OperatingLeaseRightOfUseAssetCurrent
|
155966 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
199163 | usd |
CY2022Q4 | SGMD |
Operating Lease Assets
OperatingLeaseAssets
|
355129 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
166483 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
218624 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
385108 | usd |
CY2022Q4 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
196424 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
175026 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
59506 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
430956 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
45848 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
385108 | usd |
us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p id="xdx_808_eus-gaap--LossContingencyDisclosures_zBEwrS3UW8O8" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>29. <span id="xdx_82F_zaDugFJZx0Ik">Contingent Liabilities and Commitment</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 28, 2022, Lemon Glow Company, Inc. (“Lemon Glow”), a wholly owned subsidiary of Sugarmade, Inc. (the “Company”) and Cannabis Global, Inc. (“Cannabis Global”) entered into a Cultivation and Supply Agreement (the “Agreement”). Cannabis Global owns a majority stake of Natural Plant Extract of California, Inc. which operates a licensed cannabis manufacturing and distribution operation in Lynwood, California.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Agreement provides that during the Spring 2022 cannabis cultivation season, Lemon Glow will outsource the cultivation of cannabis to licensed growers in Lake County, California; oversee and co-manage the cultivation; and sell cannabis to Cannabis Global conforming to its specifications. Lemon Glow will cultivate only the cannabis chemovars (commonly called “strains”) approved by Cannabis Global. The cultivation will be conducted in accordance with regulations adopted by California’s Department of Cannabis Control; Lake County, California; and other state and local governmental entities that may have legal jurisdiction over the cultivation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the terms of the Agreement, Lemon Glow will present a cultivation, harvest, and processing plan to Cannabis Global by May 15, 2022 (the “Plan”). Lemon Glow will begin executing the Plan as soon as practicable thereafter with the harvest expected to occur mid-October 2022 (the “Harvest”). The Harvest will be stored as “Fresh Frozen” cannabis. Fresh Frozen cannabis is immediately flash frozen upon harvest, instead of the traditional process of drying and curing cannabis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90C_ecustom--CultivationAndSupplyAgreementDescription_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__srt--RangeAxis__srt--MaximumMember_zZm70oTNh7vk" title="Obligation purchase, description">Under the terms of the Agreement, Cannabis Global is obligated to purchase the Harvest, up to 25,000 pounds (the “Target Yield”). Cannabis Global has an option to increase the Target Yield for subsequent growing seasons by 25% within 45 days of the current Harvest. Cannabis Global is required to pay Lemon Glow $28.00 per pound for the Fresh Frozen cannabis, up to the Target Yield. If the Target Yield is achieved, the aggregate purchase price would be $700,000 (the “Purchase Price”). The Purchase Price shall be paid as a series of cash payments and a convertible promissory note, as more fully described below</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The cash portion of the Purchase Price will be paid in cash as five $<span id="xdx_904_eus-gaap--DebtInstrumentPeriodicPayment_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember_zPQdnhBgpqX7" title="Debt periodic payment">40,000</span> <span id="xdx_908_eus-gaap--DebtInstrumentFrequencyOfPeriodicPayment_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember_zjHQJFtWREui" title="Frequency of periodic payment, descriptions">monthly installments</span> due on the 15th of each month, commencing May 15, 2022, and a final balloon payment of up to $<span id="xdx_90B_eus-gaap--DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid_iI_c20221015__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__srt--RangeAxis__srt--MaximumMember_zqulTxenlB34" title="Balloon payment to be paid">100,000 </span>on October 15, 2022, depending on the size of the Harvest.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The other portion of the Purchase Price is a $<span id="xdx_909_eus-gaap--DebtInstrumentFaceAmount_iI_c20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_zogd8Tppsle7" title="Debt instrument, face amount">400,000</span> convertible promissory note due <span id="xdx_904_eus-gaap--DebtInstrumentMaturityDate_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_zbfotyit1sIi" title="Debt maturity date">April 28, 2023</span>, bearing <span id="xdx_90D_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_pid_dp_uPure_c20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_zfcetx0SGYPf" title="Debt interest rate">8</span>% interest per year was irrevocably issued to Lemon Glow on April 28, 2022 (the “Convertible Note”). <span id="xdx_90E_eus-gaap--DebtConversionOriginalDebtTypeOfDebt_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_zZ96tzGTnzrf" title="Debt conversion, descriptions">At any time after 90 days of issuance, the Convertible Note is convertible by Lemon Glow into Cannabis Global common stock at 75% of the 10-day average closing price prior to conversion (the “Discount Price”). Interest paid on the Convertible Note is also convertible by Lemon Glow into Cannabis Global common stock at the Discount Price. Lemon Glow may not convert any amount due under the Convertible Note if, after giving effect to such conversion, Lemon Glow would beneficially own in excess of 4.99% of Cannabis Global’s outstanding common stock; provided, however, that Lemon Glow may waive this limitation on 61 days advanced notice.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Events of default include, but are not limited to, failure to pay principal or interest; failure of Cannabis Global common stock to remain listed for trading on OTC Markets or a principal U.S. national securities exchange for a period of five trading days; notice to Lemon Glow that Cannabis Global cannot or will refuse to convert principal or interest into common stock; failure by Cannabis Global to convert principal or interest into common stock not remedied for three days; any default on other indebtedness in excess of $<span id="xdx_909_ecustom--Indebtedness_c20220426__20220428__us-gaap--TypeOfArrangementAxis__custom--CultivationAndSupplyAgreementMember__us-gaap--DebtInstrumentAxis__custom--ConvertiblePromissoryNoteMember_z93d6NeTdnEa" title="Debt indebtedness">100,000</span>; any default causing acceleration under another Cannabis Global debt obligation; the occurrence of certain bankruptcy and insolvency events; and the failure of Cannabis Global to instruct the transfer agent to remove restrictive legends when converted common stock becomes eligible for resale under Rule 144 of the Securities Act of 1933, as amended.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon an event of default, Lemon Glow may declare the entire unpaid principal and interest due to be payable immediately; convert the unpaid principal and interest due at the Conversion Price; or exercise such other rights as Lemon Glow may have under the Convertible Note, the Agreement, other transaction documents or applicable law. Lemon Glow may transfer, sell, pledge, hypothecate or otherwise grant a security interest in the Convertible Note, subject to certain specified restrictions. The choice of law provision provides for Nevada law to govern the Convertible Note.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Ownership of harvested cannabis will transfer to Cannabis Global upon receipt of the cannabis or upon Lemon Glow notifying Cannabis Global that it has packaged the Target Yield (the “Completion Notice”). Upon receipt of the Completion Notice, Cannabis Global has 30 days to pick up the Target Yield. If Cannabis Global has not taken possession of the cannabis within 30 days, Cannabis Global will become responsible for the ongoing cost of storage, including utilities and labor. Cannabis Global is obligated to use its best efforts to take possession of the entire Harvest within 180 days. After the 180-day period, any remaining amounts of the Harvest not picked up by Cannabis Global are considered abandoned by Cannabis Global and will become Lemon Glow’s property.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Under the terms of the Agreement, Lemon Glow warrants it shall have good title, right and authority to sell all of the cannabis, free and clear of all liens, encumbrances and restrictions of any kind. The parties agree to maintain in confidence all matters and activities relating to or undertaken pursuant to the Agreement. The Agreement contains a cross-indemnification and hold harmless provision, which includes attorney fees. The Agreement is non-assignable without mutual consent. Upon the expiration of a 15-day notice period commencing upon receipt of a notice of default which remains uncured, the non-defaulting party may immediately terminate the Agreement, seek equitable relief and damages, or cure such default at the defaulting party’s expense. The Agreement also includes an appendix forecasting future cannabis harvests. The forecasts are not legally binding upon the parties, but the parties have agreed in principle to use them when entering into renewals or new similar agreements for subsequent growing seasons. The choice of law provision provides for California law to govern the Agreement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Contingent Liabilities</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The company fully recognize the legal liability as account payable and accrued liabilities. Please referred to Note 17. Accounts Payable and Accrued Liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> |