Note 4 - Discontinued Operations (Tables) - Yield Endurance [Member]
|
9 Months Ended |
May 31, 2018 |
|---|
| Discontinue Operations in the Consolidated Balance Sheets [Member] |
|
| Note 4 - Discontinued Operations (Tables) [Line Items] |
|
| Disposal Groups, Including Discontinued Operations [Table Text Block] |
The following information presents the major classes of line item of assets and liabilities included as part of discontinued operations in the consolidated balance sheets:
| |
|
May 31,
|
|
|
August 31,
|
|
| |
|
2018
|
|
|
2017
|
|
| |
|
|
|
|
|
|
|
|
|
Current assets - discontinued operations:
|
|
|
|
|
|
|
|
|
|
Accounts receivable
|
|
$ |
9,415 |
|
|
$ |
- |
|
|
BTC loan Receivable, net of original issue discount of $500,000
|
|
|
5,000,000 |
|
|
|
- |
|
|
Reserve for BTC loan Receivable
|
|
|
(5,000,000 |
)
|
|
|
- |
|
|
Total current assets - discontinued operations:
|
|
$ |
9,415 |
|
|
$ |
- |
|
|
Current liabilities - discontinued operations:
|
|
|
|
|
|
|
|
|
|
Accrued liabilities
|
|
$ |
212,234 |
|
|
$ |
- |
|
|
Derivative liabilities
|
|
|
11,523,763 |
|
|
|
|
|
|
Senior note payable
|
|
|
5,500,000 |
|
|
|
- |
|
|
Total current liabilities - discontinued operations:
|
|
$ |
17,235,997 |
|
|
$ |
- |
|
|
| Discontinued Operations in the Consolidated Statement of Operations [Member] |
|
| Note 4 - Discontinued Operations (Tables) [Line Items] |
|
| Disposal Groups, Including Discontinued Operations [Table Text Block] |
The following information presents the major classes of line items constituting the after-tax loss from discontinued operations in the consolidated statements of operations for the three and nine months ended May 31, 2018:
| |
|
Three Months Ended
|
|
| |
|
May 31, 2018
|
|
|
Share income
|
|
$ |
(10,870 |
)
|
|
$ |
- |
|
|
Sales, general and administrative
|
|
|
368,782 |
|
|
|
- |
|
|
Interest expense
|
|
|
8,605,624 |
|
|
|
- |
|
|
Mark to market BTC
|
|
|
509,730 |
|
|
|
- |
|
|
Mark to market derivative liability
|
|
|
3,535,673 |
|
|
|
|
|
|
Reserve for uncollectible note receivable
|
|
|
4,490,270 |
|
|
|
- |
|
|
Loss from discontinued operations, net of tax
|
|
$ |
17,499,209 |
|
|
$ |
- |
|
| |
|
Nine Months Ended
|
|
| |
|
May 31, 2018
|
|
|
Share income
|
|
$ |
(10,870 |
)
|
|
$ |
- |
|
|
Sales, general and administrative
|
|
|
368,782 |
|
|
|
- |
|
|
Interest expense
|
|
|
8,605,624 |
|
|
|
- |
|
|
Mark to market BTC
|
|
|
509,730 |
|
|
|
- |
|
|
Mark to market derivative liability
|
|
|
3,535,673 |
|
|
|
|
|
|
Reserve for uncollectible note receivable s
|
|
|
4,490,270 |
|
|
|
- |
|
|
Loss from discontinued operations, net of tax
|
|
$ |
17,499,209 |
|
|
$ |
- |
|
|
| Discontinued Operations on the Consolidated Statements of Cash Flows [Member] |
|
| Note 4 - Discontinued Operations (Tables) [Line Items] |
|
| Disposal Groups, Including Discontinued Operations [Table Text Block] |
The following information presents the major classes of line items constituting significant operating and investing cash flow activities in the consolidated statements of cash flows relating to discontinued operations:
| |
|
Nine Months Ended
|
|
| |
|
May 31, 2018
|
|
|
May 31, 2017
|
|
|
Income (Loss)
|
|
$ |
(17,499,209 |
)
|
|
|
|
|
|
Amortization of debt discount
|
|
$ |
5,500,000 |
|
|
$ |
- |
|
|
Reserve BTC note receivable
|
|
$ |
5,000,000 |
|
|
|
|
|
|
Mark to market fair value of derivative liability
|
|
$ |
3,535,673 |
|
|
|
|
|
|
Warrant value in excess of note
|
|
$ |
2,988,090 |
|
|
$ |
- |
|
|
Loss on value of BTC
|
|
$ |
509,730 |
|
|
$ |
- |
|
|
Accrued liabilities
|
|
$ |
486,316 |
|
|
$ |
- |
|
|