Sugarmade, Inc.
COMPANY
10-K
FORM
2020-10-16
FILING DATE
2020-06-30
FY PERIOD END
913
FACTS
SIC 5110
Filing Software Novaworks
CIK 0000919175
Taxonomy US GAAP 2020
SIC 5110
CIK 0000919175
Filing Software Novaworks
Taxonomy US GAAP 2020
Standard Concepts
225
Extended Concepts
105
32%
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 filing should include in the cash flow statement calculation linkbase(s) http://sugarmade.com/role/StatementsOfCashFlowsStatement one of the following elements as the root(first element) of the calculation tree to represent the aggregate change in cash for the period: CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect,...
ERROR
us-gaap:DebtInstrumentDecreaseForgiveness has a value of -590,226 which is less than zero. This element should not have a negative value. The preparer should consider if the value is input correctly for this assertion and, after considering the appropriateness of the input, if incorrect, input the amount as a positive (i.e., absolute) value and provide a negated label. The properties of this us-gaap:DebtInstrumentDecreaseForgiveness fact are: Period :2019-07-01 to 2020-06-30 Dimensions : Un...
ERROR
The line item concept us-gaap:FinanceLeaseRightOfUseAsset with a value of 270,363 is represented as a child of us-gaap:AssetsCurrent with a value of 1,912,659 in the companies extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets. The element us-gaap:FinanceLeaseRightOfUseAsset however, is not represented as a component of us-gaap:AssetsCurrent in the calculation relationships defined in the US GAAP taxonomy. The US-GAAP taxonomies include us-gaap:FinanceLeaseRi...
ERROR
The line item concept us-gaap:NotesPayableCurrent with a value of 20,000 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesPayable with a value of 25,982 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:NotesPayableCurrent is represented as a descendent of us-gaap:NotesPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection to determi...
ERROR
The line item concept us-gaap:ConvertibleNotesPayable with a value of 1,740,122 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesPayable with a value of 25,982 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:ConvertibleNotesPayable is represented as a descendent of us-gaap:NotesPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection...
ERROR
The line item concept us-gaap:AccruedLiabilitiesCurrent with a value of 494,740 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent with a value of 1,583,228 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:AccruedLiabilitiesCurrent is represented as a descendent of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent in the calculation relationships def...
ERROR
The line item concept us-gaap:AccountsPayableOtherCurrent with a value of 691,801 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent with a value of 1,583,228 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:AccountsPayableOtherCurrent is represented as a descendent of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent in the calculation relationships...
ERROR
The line item concept us-gaap:NotesPayable with a value of 25,982 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesAndLoansPayable with a value of 319,314 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:NotesPayable is represented as a descendent of us-gaap:NotesAndLoansPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection to dete...
ERROR
The line item concept us-gaap:ConvertibleNotesPayable with a value of 1,740,122 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesAndLoansPayable with a value of 319,314 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:ConvertibleNotesPayable is represented as a descendent of us-gaap:NotesAndLoansPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the ...
ERROR
The line item concept us-gaap:NotesPayableCurrent with a value of 20,000 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesPayable with a value of 25,982 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:NotesPayableCurrent is represented as a descendent of us-gaap:NotesPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection to determi...
ERROR
The line item concept us-gaap:ConvertibleNotesPayable with a value of 1,046,909 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesPayable with a value of 25,982 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:ConvertibleNotesPayable is represented as a descendent of us-gaap:NotesPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection...
ERROR
The line item concept us-gaap:AccruedLiabilitiesCurrent with a value of 507,218 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent with a value of 1,431,379 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:AccruedLiabilitiesCurrent is represented as a descendent of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent in the calculation relationships def...
ERROR
The line item concept us-gaap:AccountsPayableOtherCurrent with a value of 420,450 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent with a value of 1,431,379 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:AccountsPayableOtherCurrent is represented as a descendent of us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent in the calculation relationships...
ERROR
The line item concept us-gaap:NotesPayable with a value of 25,982 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesAndLoansPayable with a value of 214,585 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:NotesPayable is represented as a descendent of us-gaap:NotesAndLoansPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the element selection to dete...
ERROR
The line item concept us-gaap:ConvertibleNotesPayable with a value of 1,046,909 and a calculation parent of us-gaap:LiabilitiesCurrent is represented as a sibling of us-gaap:NotesAndLoansPayable with a value of 214,585 in the extension taxonomy role 00000002 - Statement - Condensed Consolidated Balance Sheets, but us-gaap:ConvertibleNotesPayable is represented as a descendent of us-gaap:NotesAndLoansPayable in the calculation relationships defined in the US GAAP taxonomies. Please review the ...
ERROR
The line item concept us-gaap:MarketingExpense with a value of 514,394 and a calculation parent of us-gaap:SellingGeneralAndAdministrativeExpense is represented as a sibling of us-gaap:MarketingAndAdvertisingExpense with a value of 430,141 in the extension taxonomy role 00000004 - Statement - Consolidated Statements of Operations, but us-gaap:MarketingExpense is represented as a descendent of us-gaap:MarketingAndAdvertisingExpense in the calculation relationships defined in the US GAAP taxono...
ERROR
The line item concept us-gaap:MarketingExpense with a value of 44,883 and a calculation parent of us-gaap:SellingGeneralAndAdministrativeExpense is represented as a sibling of us-gaap:MarketingAndAdvertisingExpense with a value of 203,213 in the extension taxonomy role 00000004 - Statement - Consolidated Statements of Operations, but us-gaap:MarketingExpense is represented as a descendent of us-gaap:MarketingAndAdvertisingExpense in the calculation relationships defined in the US GAAP taxonom...
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.
WARNING
Concept DebtInstrumentDecreaseForgiveness in us-gaap/2020 has a negative value -590226 in context From2019-07-01to2020-06-30. Correct the sign, use a more appropriate concept, or change the context.
WARNING
In submission type 10-K, EntityExTransitionPeriod must have a value if EntityEmergingGrowthCompany has value "true" in context From2019-07-01to2020-06-30, else it should not be provided.
What are possible issues?
What are possible issues?
Indicate areas of interest as to the quality of an XBRL formatted filing, and in some cases reveal opportunities for improvement of the XBRL filing.