Loop Industries, Inc.
COMPANY
10-Q/A
FORM
2018-01-12
FILING DATE
2017-08-31
Q2 PERIOD END
408
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
171
Extended Concepts
72
30%
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 5.25 [Member] is used on the axis Range [Axis] with the element Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number with a value of 1,080,000. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesThreeMember Unit: s...
ERROR
The extension member, Exercise Prices 5.25 [Member] is used on the axis Range [Axis] with the element Warrants exercisable with a value of 50,000. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesThreeMember Unit: shares Rule version: 4.0.0
ERROR
The extension member, Exercise Prices 5.25 [Member] is used on the axis Range [Axis] with the element Warrants outstanding, Weighted Average Exercise Price with a value of 5.25. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesThreeMember Unit: mul USD div shares Rule v...
ERROR
The extension member, Exercise Prices 5.25 [Member] is used on the axis Range [Axis] with the element Warrants outstanding, Average Remaining Contractual Life (in years) with a value of P9Y11M4D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePrices...
ERROR
The extension member, Exercise Prices 5.25 [Member] is used on the axis Range [Axis] with the element Warrants exercisable, Average Remaining Contractual Life (in years) with a value of P9Y8M23D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePrices...
ERROR
The extension member, Exercise Prices 5.25 [Member] is used on the axis Range [Axis] with the element Warrants exercisable, Weighted Average Exercise Price with a value of 5.25. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesThreeMember Unit: mul USD div shares Rule v...
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, Number with a value of 12,500. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: shares...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Warrants exercisable with a value of 9,375. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-08-31 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 Warrants 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: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: mul USD div shares Rule ver...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Warrants outstanding, Average Remaining Contractual Life (in years) with a value of P0Y9M3D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesT...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Warrants exercisable, Average Remaining Contractual Life (in years) with a value of P0Y9M3D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesT...
ERROR
The extension member, Exercise Prices 3.00 [Member] is used on the axis Range [Axis] with the element Warrants 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: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesTwoMember Unit: mul USD div shares Rule ver...
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, Number with a value of 912,082. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber fact are: Period: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: shares R...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Warrants exercisable with a value of 557,082. Extension members should not be used with the Range [Axis] The properties of this us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber fact are: Period: 2017-08-31 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 Warrants 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: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: mul USD div shares Rule versio...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Warrants outstanding, Average Remaining Contractual Life (in years) with a value of P6Y6M0D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesM...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Warrants exercisable, Average Remaining Contractual Life (in years) with a value of P6Y5M23D. Extension members should not be used with the Range [Axis] The properties of this us-gaap:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1 fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePrices...
ERROR
The extension member, Exercise Prices 0.80 [Member] is used on the axis Range [Axis] with the element Warrants 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: 2017-08-31 Dimensions: us-gaap:RangeAxis = llpp:ExercisePricesMember Unit: mul USD div shares Rule versio...
ERROR
The date of 2017-08-31 used for Risk-free interest rate and the Subsequent Event Type [Axis] with a value of 0.0150 is earlier than or the same as the reporting period end date of 2017-08-31. Either remove the subsequent event axis from this value, change the reporting period end date for the value or update the Document and Entity Information document period end date. The properties of this us-gaap:FairValueAssumptionsRiskFreeInterestRate fact are: Period: 2017-03-01 to 2017-08-31 Dimensions...
ERROR
The date of 2017-08-31 used for Expected dividend yield and the Subsequent Event Type [Axis] with a value of 0.00 is earlier than or the same as the reporting period end date of 2017-08-31. Either remove the subsequent event axis from this value, change the reporting period end date for the value or update the Document and Entity Information document period end date. The properties of this us-gaap:FairValueAssumptionsExpectedDividendRate fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: ...
ERROR
The date of 2017-08-31 used for Expected volatility and the Subsequent Event Type [Axis] with a value of 0.94 is earlier than or the same as the reporting period end date of 2017-08-31. Either remove the subsequent event axis from this value, change the reporting period end date for the value or update the Document and Entity Information document period end date. The properties of this us-gaap:FairValueAssumptionsExpectedVolatilityRate fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us...
ERROR
The date of 2017-08-31 used for Expected life years and the Subsequent Event Type [Axis] with a value of P3Y is earlier than or the same as the reporting period end date of 2017-08-31. Either remove the subsequent event axis from this value, change the reporting period end date for the value or update the Document and Entity Information document period end date. The properties of this us-gaap:FairValueAssumptionsExpectedTerm fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: us-gaap:Subse...
ERROR
Foreign Currency Transaction Gain, before Tax has a value of -98,268 which is less than zero. This element should not have a negative value. The properties of this us-gaap:ForeignCurrencyTransactionGainBeforeTax fact are: Period: 2017-03-01 to 2017-08-31 Dimensions: none Unit: USD Rule version: 4.0.0
ERROR
Foreign Currency Transaction Gain, before Tax has a value of -52,529 which is less than zero. This element should not have a negative value. The properties of this us-gaap:ForeignCurrencyTransactionGainBeforeTax fact are: Period: 2017-06-01 to 2017-08-31 Dimensions: none Unit: USD Rule version: 4.0.0
ERROR
Foreign Currency Transaction Gain, before Tax has a value of -99 which is less than zero. This element should not have a negative value. The properties of this us-gaap:ForeignCurrencyTransactionGainBeforeTax fact are: Period: 2016-06-01 to 2016-08-31 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.