Loop Industries, Inc.
COMPANY
10-K/A
FORM
2018-01-12
FILING DATE
2017-02-28
FY PERIOD END
535
FACTS
SIC 4813
Filing Software GoXBRL
CIK 0001504678
Taxonomy US GAAP 2016
SIC 4813
CIK 0001504678
Filing Software GoXBRL
Taxonomy US GAAP 2016
Standard Concepts
169
Extended Concepts
95
36%
Extended Concepts
Errors
0
What are errors?
What are errors?
Indicate problems with an XBRL formatted filing that are sufficient grounds for SEC rejection of the XBRL portion of the filing.
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Warrants outstanding with a value of 75,000. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price with a value of 3.00. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Number Exercisable with a value of 6,250. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price with a value of 3.00. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Average Remaining Contractual Life (in years) with a value of P15M24D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2016-03-01 to 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: none Ru...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term with a value of P15M24D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2016-03-01 t...
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Warrants outstanding with a value of 637,670. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesOneMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price with a value of 6.00. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Number Exercisable with a value of 637,670. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesOneMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price with a value of 6.00. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Average Remaining Contractual Life (in years) with a value of P9M24D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2016-03-01 to 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesOneMember Unit: none Rul...
ERROR
The extension member, Exercise Prices 6.00 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term with a value of P9M24D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2016-03-01 to...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Warrants outstanding with a value of 935,000. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price with a value of 0.80. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Number Exercisable with a value of 492,500. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price with a value of 0.80. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice fact are: Period: 2017-02-28 Dimensions: us-gaap:RangeAxi...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Average Remaining Contractual Life (in years) with a value of P5M64D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2016-03-01 to 2017-02-28 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: none Rule v...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term with a value of P5M64D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2016-03-01 to...
ERROR
Total assets with a value of 826,972 is not equal to the total of Total liabilities and equity with a value of 2,885,653. These values should be equal. The properties of this us-gaap:Assets fact are: Period: 2016-02-29 Dimensions: us-gaap:StatementGeographicalAxis = llpp:UnitedStatesMember Unit: USD Rule version: 1.0.0
ERROR
Total assets with a value of 2,054,854 is not equal to the total of Total liabilities and equity with a value of -371,964. These values should be equal. The properties of this us-gaap:Assets fact are: Period: 2017-02-28 Dimensions: us-gaap:StatementGeographicalAxis = llpp:CanadaMember Unit: USD Rule version: 1.0.0
ERROR
Total assets with a value of 1,655,717 is not equal to the total of Total liabilities and equity with a value of -402,964. These values should be equal. The properties of this us-gaap:Assets fact are: Period: 2016-02-29 Dimensions: us-gaap:StatementGeographicalAxis = llpp:CanadaMember Unit: USD Rule version: 1.0.0
ERROR
Total assets with a value of 995,899 is not equal to the total of Total liabilities and equity with a value of 3,422,717. These values should be equal. The properties of this us-gaap:Assets fact are: Period: 2017-02-28 Dimensions: us-gaap:StatementGeographicalAxis = llpp:UnitedStatesMember Unit: USD Rule version: 1.0.0
ERROR
Total liabilities and equity has a value of -371,964 which is less than zero. This element should not have a negative value. The properties of this us-gaap:LiabilitiesAndStockholdersEquity fact are: Period: 2017-02-28 Dimensions: us-gaap:StatementGeographicalAxis = llpp:CanadaMember Unit: USD Rule version: 4.0.0
ERROR
Total liabilities and equity has a value of -402,964 which is less than zero. This element should not have a negative value. The properties of this us-gaap:LiabilitiesAndStockholdersEquity fact are: Period: 2016-02-29 Dimensions: us-gaap:StatementGeographicalAxis = llpp:CanadaMember Unit: USD Rule version: 4.0.0
ERROR
Foreign Currency Transaction Gain, before Tax has a value of -14,240 which is less than zero. This element should not have a negative value. The properties of this us-gaap:ForeignCurrencyTransactionGainBeforeTax fact are: Period: 2015-03-01 to 2016-02-29 Dimensions: none Unit: USD Rule version: 4.0.0
ERROR
Foreign Currency Transaction Gain, before Tax has a value of -14,240 which is less than zero. This element should not have a negative value. The properties of this us-gaap:ForeignCurrencyTransactionGainBeforeTax fact are: Period: 2015-03-01 to 2016-02-29 Dimensions: us-gaap:StatementGeographicalAxis = llpp:CanadaMember Unit: USD Rule version: 4.0.0
ERROR
Less valuation allowance has a value of -367,196 which is less than zero. This element should not have a negative value. The properties of this us-gaap:DeferredTaxAssetsValuationAllowanceNoncurrent fact are: Period: 2016-02-29 Dimensions: none Unit: USD Rule version: 4.0.0
ERROR
Less valuation allowance has a value of -1,614,449 which is less than zero. This element should not have a negative value. The properties of this us-gaap:DeferredTaxAssetsValuationAllowanceNoncurrent fact are: Period: 2017-02-28 Dimensions: none Unit: USD Rule version: 4.0.0
What are data quality errors?
What are data quality errors?
Indicate areas that may not meet the standards set by the Data Quality Committee (DQC), and may reveal areas where the XBRL can be improved.