Document And Entity Information
Document And Entity Information - shares | 9 Months Ended | |
Feb. 28, 2018 | Apr. 16, 2018 | |
Document Information [Line Items] | ||
Entity Registrant Name | Solbright Group, Inc. | |
Entity Central Index Key | 1,095,130 | |
Trading Symbol | sbrt | |
Current Fiscal Year End Date | --05-31 | |
Entity Filer Category | Smaller Reporting Company | |
Entity Current Reporting Status | Yes | |
Entity Voluntary Filers | No | |
Entity Well-known Seasoned Issuer | Yes | |
Entity Common Stock, Shares Outstanding (in shares) | 28,070,412 | |
Document Type | 10-Q | |
Document Period End Date | Feb. 28, 2018 | |
Document Fiscal Year Focus | 2,018 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Feb. 28, 2018 | May 31, 2017 |
Current Assets: | ||
Cash | $ 5,852 | $ 469,845 |
Accounts receivable | 1,986,944 | 1,086,497 |
Costs in excess of billings | 736,278 | 1,030,427 |
Prepaid expenses and other current assets | 743,964 | 613,927 |
Total Current Assets | 3,473,038 | 3,200,696 |
Property and equipment, net | 23,098 | 27,309 |
Security deposit | 30,289 | 20,384 |
Intangible assets, net | 2,312,900 | 2,727,890 |
Goodwill | 13,039,399 | 13,039,399 |
Total Assets | 18,878,724 | 19,015,678 |
Current Liabilities: | ||
Accounts payable and accrued expenses | 4,357,778 | 2,174,543 |
Billings in excess of costs | 285,778 | 480,987 |
Accrued income tax | 63,082 | 63,082 |
Debt subject to equity being issued | 456,930 | 456,930 |
Convertible debentures, net of debt discount | 3,108,112 | 871,651 |
Notes payable | 545,832 | 545,832 |
Total Current Liabilities | 8,817,512 | 4,593,025 |
Long-term convertible debt | 6,040,706 | |
Long-term notes payable | 2,000,000 | 2,000,000 |
Total Liabilities | 10,817,512 | 12,633,731 |
Stockholders' Equity: | ||
Convertible preferred stock, $.0001 par value; 5,000,000 shares authorized, 4,000,000 and 0 shares issued and outstanding, respectively | 400 | |
Common stock, $.0001 par value; 600,000,000 shares authorized; 27,870,412 and 21,163,402 shares issued and outstanding , respectively | 2,787 | 2,116 |
Additional paid-in capital | 63,384,542 | 52,558,977 |
Accumulated deficit | (55,326,517) | (46,179,146) |
Total Stockholders' Equity | 8,061,212 | 6,381,947 |
Total Liabilities and Stockholders' Equity | $ 18,878,724 | $ 19,015,678 |
Condensed Consolidated Balance3
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Feb. 28, 2018 | May 31, 2017 |
Convertible preferred stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Convertible preferred stock, shares authorized (in shares) | 5,000,000 | 5,000,000 |
Convertible preferred stock, shares issued (in shares) | 4,000,000 | 0 |
Convertible preferred stock, shares outstanding (in shares) | 4,000,000 | 0 |
Common stock, par value (in dollars per share) | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized (in shares) | 600,000,000 | 600,000,000 |
Common stock, shares issued (in shares) | 27,870,412 | 21,163,402 |
Common stock, shares outstanding (in shares) | 27,870,412 | 21,163,402 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | |
Net sales | $ 2,496,544 | $ 263,800 | $ 11,065,685 | $ 1,077,963 |
Cost of sales | 1,568,508 | 51,360 | 9,753,573 | 690,125 |
Gross Profit | 928,036 | 212,440 | 1,312,112 | 387,838 |
Operating Expenses: | ||||
Selling and general and administrative | 1,534,849 | 305,254 | 4,662,922 | 1,211,642 |
Research and development | 2,650 | 14,462 | 2,650 | 64,732 |
Total Operating Expenses | 1,537,499 | 319,716 | 4,665,572 | 1,276,374 |
Loss From Operations | (609,463) | (107,276) | (3,353,460) | (888,536) |
Other Income (Expense): | ||||
Interest expense | (1,291,919) | (25,474) | (2,439,571) | (46,197) |
Loss on settlement of liability | (138,228) | (101,223) | (120,580) | |
Modification of beneficial conversion features on convertible notes | (594,583) | |||
Amortization of debt discount and deferred finance costs | (540,326) | (2,658,059) | ||
Total Other Expense | (1,832,245) | (163,702) | (5,793,436) | (166,777) |
Loss Before Provision for Income Taxes | (2,441,708) | (270,978) | (9,146,896) | (1,055,313) |
Provision for income taxes | (475) | (572) | (475) | (12,363) |
Net Loss | $ (2,442,183) | $ (271,550) | $ (9,147,371) | $ (1,067,676) |
Loss per Common Share - Basic and Diluted (in dollars per share) | $ (0.09) | $ (0.02) | $ (0.38) | $ (0.09) |
Weighted Average Shares Outstanding - Basic and Diluted (in shares) | 26,663,305 | 13,998,191 | 23,879,063 | 12,034,512 |
Condensed Consolidated Stateme5
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 9 Months Ended | |
Feb. 28, 2018 | Feb. 28, 2017 | |
Cash Flows From Operating Activities: | ||
Net loss | $ (9,147,371) | $ (1,067,676) |
Adjustments to reconcile net loss to net cash used in operating activities: | ||
Stock based compensation | 732,180 | |
Gain on settlement of liability | 101,223 | 120,580 |
Modification of beneficial conversion features on convertible notes | 594,583 | |
Depreciation and amortization | 419,201 | 791 |
Amortization of debt discount and deferred finance costs | 2,658,059 | 51,308 |
Issuance of common stock for inducement | 1,551,651 | 14,398 |
Issuance of warrants for inducement | 65,973 | |
Issuance of common stock for services | 748,203 | 323,000 |
Changes in operating assets and liabilities: | ||
Accounts receivable | (900,447) | 180,099 |
Inventory | 58,599 | |
Costs in excess of billings | (294,149) | |
Prepaid expenses and other current assets | 256,335 | 65,272 |
Accounts payable and accrued expenses | 2,458,382 | 16,520 |
Billings in excess of costs | (195,209) | (260,637) |
Net Cash Used In Operating Activities | (363,088) | (497,746) |
Cash Flows From Investing Activities: | ||
Purchases of software | (10,000) | |
Security deposit | (9,905) | |
Net Cash Used In Investing Activities | (9,905) | (10,000) |
Cash Flows From Financing Activities: | ||
Proceeds from short-term note | 150,000 | |
Payment of debt | (488,000) | |
Proceeds from convertible debt issuance | 397,000 | 312,000 |
Net Cash Provided By (Used in) Financing Activities | (91,000) | 462,000 |
Net Decrease In Cash | (463,993) | (45,746) |
Cash - Beginning of Year | 469,845 | 56,172 |
Cash - End of Year | 5,852 | 10,426 |
Supplemental Cash Flow Information: | ||
Interest paid | 91,043 | |
Income taxes paid | ||
Non Cash Investing and Financing Activities | ||
Common stock issued for conversion of debt | 40,000 | |
Original issue discount in connection with convertible debt issued | 37,000 | 31,000 |
Deferred finance costs in connection with convertible debt issued | 23,600 | 9,000 |
Debt discount in connection with restricted shares issued with convertible debt | 12,540 | 64,529 |
Beneficial conversion feature in connection with convertible debt issued | 318,764 | 184,416 |
Preferred stock issued for conversion of debt | $ 6,000,000 |
Note 1 - Description of Busines
Note 1 - Description of Business and Basis of Presentation | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Nature of Operations [Text Block] | NOTE 1 Solbright Group, Inc. (the “Company”), formerly known as Arkados Group, Inc., conducts business activities principally through its two The Company underwent a significant restructuring following December 23, 2010, Following the Asset Sale, the Company shifted its focus towards the following businesses: Arkados – Arkados is the Company’s technology research and development subsidiary and has developed the Arktic™ software platform, a scalable and interoperable cloud-based system for sensing, gathering, storing and analyzing data as well as reporting critical information and implementing command and control. On Arktic™, the Company delivers applications currently focused on measurement and verification and predictive maintenance which can be used on single machines or through an entire facility, campus or city. Its software platform and applications are implemented with hardware products, such as gateways, sensors and cameras, of its strategic partner, Tatung Company, and others. SES - Formerly known as AES, the Company’s energy conservation services subsidiary, SES provides energy conservation services and solutions to commercial and buildings throughout the eastern United States. These services include energy consumption assessments and recommendations, as well as acting as the general contractor for light-emitting diode (“LED”) lighting retrofits, oil-to-natural gas boiler conversions and solar photovoltaic (“PV”) system installation. SES also markets and sells the technology solutions of Arkados to help building owners save money. SES sells its services directly to building owners and managers. On May 1, 2017, June 23, 2017 The accompanying condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission including Form 10 X. May 31, 2017 10 three nine February 28, 2018 ( not May 31, 2018. |
Note 2 - Summary of Significant
Note 2 - Summary of Significant Accounting Policies | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Basis of Presentation and Significant Accounting Policies [Text Block] | NOTE 2 Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has incurred net losses of approximately $55 $9 nine February 28, 2018. February 28, 2018 not The Company’s plan, through potential acquisitions and the continued promotion of its services to existing and potential customers, is to generate sufficient revenues to cover its anticipated expenses. The Company is currently exploring several options to meet its short-term cash requirements, including an equity raise or loan funding from third no may Correction to Immaterial Misstatement to Prior Period Financial Statements During the first 2018, May 31, 2017 $369,399 May 1, 2017. $369,399 May 31, 2017. Based on an analysis of Accounting Standards Codification (“ASC”) 250 250” 99 99” 108 108” three August 31, 2017. not may Accordingly, we revised our presentation of accounts payable and retained earnings in the consolidated financial statements for the three August 31, 2017 May 31, 2017. first August 31, 2017, $369,399 May 31, 2017. Principles of Consolidation The consolidated financial statements include the accounts of the Company, and its wholly-owned subsidiaries, which include SES and Arkados. Intercompany accounts and transactions have been eliminated in consolidation. Revenue Recognition Arkados The Company enters into arrangements with end users for items which may no Revenues from software licensing are recognized in accordance with Accounting Standards Codification (“ASC”) 985 605, License revenues are recognized at the time of delivery of the software and all other revenue recognition criteria discussed above have been met. Deferred revenue represents license revenues billed but not SES Sales of products are recognized when the products are shipped and the customer takes risk of ownership and assumes the risk of loss. Service revenue is recognized when the service is completed. Deferred revenue represents revenues billed but not Change in Estimates During the three November 30, 2017, $900,000 three November 30, 2017. November 30, 2017. Cash and Cash Equivalents The Company considers investments in highly liquid instruments with a maturity of three not February 28, 2018 May 31, 2017. Accounts Receivable Accounts receivable are reported at their outstanding unpaid principal balances net of allowances for uncollectible accounts. The Company provides for allowances for uncollectible receivables based on management’s estimate of uncollectible amounts considering age, collection history, and any other factors considered appropriate. The Company writes off accounts receivable against the allowance for doubtful accounts when a balance is determined to be uncollectible. At February 28, 2018 May 31, 2017, not Fair Value of Financial Instruments The carrying value of cash, accounts receivable, other receivables, accounts payable and accrued expenses approximate their fair values based on the short-term maturity of these instruments. The carrying amounts of debt were also estimated to approximate fair value. As defined in ASC 820, 820 1 3 The three 820 ● Level 1 1 ● Level 2 1, 2 ● Level 3 may Earnings (Loss) Per Share (“EPS”) Basic EPS is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted EPS includes the effect from potential issuance of common stock, such as stock issuable pursuant to the exercise of stock options and warrants and the assumed conversion of convertible notes. The following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive even though the exercise price could be less than the average market price of the common shares: Three and Nine Months Ended February 28, 2018 2017 Series A Preferred Stock 4,000,000 - Convertible notes 7,312,205 470,319 Stock options 7,437,500 5,112,500 Warrants 8,035,043 5,125,987 Potentially dilutive securities 26,784,748 10,708,806 Stock Based Compensation In computing the impact, the fair value of each option and/or warrant is estimated on the date of grant based on the Black-Scholes options-pricing model utilizing certain assumptions for a risk-free interest rate; volatility; and expected remaining lives of the awards. The assumptions used in calculating the fair value of share-based payment awards represent management’s bfest estimates, but these estimates involve inherent uncertainties and the application of management judgment. As a result, if factors change and the Company uses different assumptions, the Company’s stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. In estimating the Company’s forfeiture rate, the Company analyzed its historical forfeiture rate, the remaining lives of unvested options, and the amount of vested options as a percentage of total options outstanding. If the Company’s actual forfeiture rate is materially different from its estimate, or if the Company reevaluates the forfeiture rate in the future, the stock-based compensation expense could be significantly different from what the Company has recorded in the current period. During the three nine February 28, 2018, 210,000 1,220,000 $192,445 $954,775, $413,455 February 28, 2018. Stock based compensation expense related to stock options for the three nine February 28, 2018 $244,060 $732,180, $0 three nine February 28, 2017. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, equity-based transactions and disclosure of contingent liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company believes the following critical accounting policies affect its more significant judgments and estimates used in the preparation of the financial statements. Significant estimates include the allowance for doubtful accounts, the useful life of plant and equipment and intangible assets, deferred tax asset and valuation allowance, and assumptions used in Black-Scholes-Merton, or BSM, valuation methods, such as expected volatility, risk-free interest rate, and expected dividend rate. Property and Equipment Property and equipment is recorded at cost. Depreciation is computed using straight-line and accelerated methods over the estimated useful lives of the related assets. Expenditures that enhance the useful lives of the assets are capitalized and depreciated. Maintenance and repairs are expensed as incurred. When properties are retired or otherwise disposed of, related costs and related accumulated depreciation are removed from the accounts. Research and Development All research and development costs are expensed as incurred. Foreign Currency Transactions The Company accounts for foreign currency translation pursuant to ASC 830. 830, Deferred Financing Costs Costs incurred in connection with obtaining financing are deferred and amortized on a straight-line basis over the term of the related loan. Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with accounting standards for “Accounting for Derivative Instruments and Hedging Activities.” Accounting standards generally provides three three not not The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not ASC 815 40 not Reclassifications Certain reclassifications have been made to conform the prior period data to the current presentations. Recent Accounting Pronouncements In July 2017, 2017 11, 260 480; 815 2017 11" no 2017 11 December 15, 2018, On May 10, 2017, 2017 09 718 December 15, 2017. In January 2017, 2017 01, 805 December 15, 2017, In November 2016, 2016 18, 230 December 15, 2017, In August 2016, 2016 15, 230 2016 15 first 2019. In April 2016, 2016 10 two 606. no In March 2016, December 15, 2016 In February 2016, 2016 02, 842 December 15, 2018 12 one two no In January 2016, 2016 01, December 15, 2017, first not In August 2015, 2015 14, 606 2014 09 606 2014 09 December 15, 2017, December 15, 2016, All newly issued but not not |
Note 3 - Acquisitions, Goodwill
Note 3 - Acquisitions, Goodwill and Intangible Assets | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Acquisitions, Goodwill and Intangible Assets [Text Block] | NOTE 3 Acquisition of SolBright Renewable Energy, LLC On May 1, 2017, May 1, 2017 ( In consideration for the purchase of the SolBright Assets, the Company delivered to SolBright (i) $3,000,000 $2,000,000 $6,000,000 The Secured Promissory Note matures on May 1, 2020 $10,000,000 15% first May 31, 2017. second first May 1, 2017. The Preferred Stock Note matures on July 31, 2018 4% 12% May 1, 2017 first August, November, February May 4% 4% $0.0001 $1.50 may 4,000,000 September 28, 2017. In connection with the Asset Purchase Agreement, and in addition to the consideration represented by the Cash Payment, the Secured Promissory Note and the Preferred Stock Note, the Company issued to SolBright 4,000,000 $1.28 120 one $4,000,000 The Company’s non-exclusive placement agent for the AIP Financing and the 2017 8% The purchase price for the SolBright Renewable Energy, LLC acquisition was allocated as follows: Costs in excess of billing $ 1,001,083 Other current assets 33,175 Property and equipment 21,101 Intangible assets 2,764,000 Goodwill 13,039,399 Total assets acquired $ 16,858,758 Accounts payable and accrued liabilities 635,832 Billings in excess of WIP 102,926 Total liabilities assumed 738,758 Net assets acquired $ 16,120,000 The purchase price consists of the following: Cash 3,000,000 Convertible note 6,000,000 Senior Secured Promissory Note 2,000,000 Common stock 5,120,000 Total purchase price $ 16,120,000 The application of the acquisition method of accounting is dependent upon certain valuations and other studies that have yet to be completed. The purchase price allocation will remain preliminary until management determines the fair values of assets acquired and liabilities assumed. The final determination of the purchase price allocation is anticipated to be completed as soon as practicable after completion of the transaction and will be based on the fair values of the assets acquired and liabilities assumed as of the transaction closing date. The final amounts allocated to assets acquired and liabilities assumed could differ significantly from the amounts presented. The following unaudited pro forma consolidated results of operations have been prepared, as if the Asset Purchase had occurred as of June 1, 2016 2015: For the Years May 31, 2017 2016 (Unaudited) (Unaudited) Revenues $ 8,748,262 $ 13,988,356 Net loss from continuing operations $ (3,320,081 ) $ (4,461,701 ) Weighted average number of common shares – Basic and diluted 14,370,519 12,126,367 Net loss per share from continuing operations $ (0.23 ) $ (0.37 ) |
Note 4 - Asset Sale and Debt Su
Note 4 - Asset Sale and Debt Subject to Equity Being Issued | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Asset Sale and Debt Subject to Equity Being Issued [Text Block] | NOTE 4 In December 2010, June 2011.The no Debt Subject to Equity Being Issued As a direct result of the Sale of the License and IP Agreements to ST US and the mandate to obtain debt releases, the Company has been able to reach settlements with its secured creditors and employees, with cash payments to the secured creditors made as of the December 2010 June 2011 $ 179,000 February 28, 2018 May 31, 2017. As of February 28, 2018 May 31, 2017, $ 456,930 |
Note 5 - Accounts Payable and A
Note 5 - Accounts Payable and Accrued Expenses | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Accounts Payable and Accrued Liabilities Disclosure [Text Block] | NOTE 5 As of February 28, 2018 May 31, 2017, February 28 , May 31, 2018 2017 Accounts payable $ 3,776,878 $ 1,777,117 * Accrued interest payable 421,329 236,351 Accrued payroll 17,010 15,129 Accrued other 142,561 145,946 $ 4,357,778 $ 2,174,543 * 2 |
Note 6 - Note Payable
Note 6 - Note Payable | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Debt Disclosure [Text Block] | NOTE 6 Notes Payable Notes payable transactions include the following: Transactions for the Year ended May 31, 2016 In January 2016, $60,000. 6% January 15, 2017 ( “January January two January 2017, March 31, 2017. March 31, 2017, June 15, 2017. June 15, 2017 December 31, 2017. 100,000 $23,990. $1.00 three not December 31, 2017 On January 8, 2016, two 6% $130,000 January 15, 2016, 2016 50,000 6% $40,000 October 31, 2015 January 15, 2016. 6% December 31, 2016. January 2017, March 31, 2017. March 31, 2017, May 15, 2017. May 31, 2017. $1.20 not May 31, 2017 40,000. June 2017 August 2017. On March 31, 2016 May 6, 2016, $10,000 January “2016 6% June 30, 2016. June 30, 2016 January 15, 2017. January 2017, March 31, 2017. March 31, 2017, May 15, 2017. August 29, 2017, December 31, 2017. 50,000 $11,995. $1.00 three February 28, 2018, 20,000. not December 31, 2017 Transactions for the Year Ended May 31, 2017 In August 2016, $150,000 January 15, 2017. 10% January 2017, March 31, 2017. March 31, 2017, May 15, 2017, December 31, 2017. 100,000 $23,990. $1.00 three 6% February 28, 2018 $150,000. not December 31, 2017 On October 28, 2016, $38,500 $3,500 January 30, 2017. January 30, 2017 65% three 25 20,000 $11,793 $3,500. $15,293 May 31, 2017. January 27, 2017, March 31, 2017. March 31, 2017, April 21, 2017 $0.60. $26,707 April 27, 2017 $35,000 30,000 On January 27, 2017, $38,500 $3,500 March 31, 2017. March 31, 2017 65% three 25 20,000 $14,398 $3,500. $17,898 May 31, 2017. March 31, 2017, April 21, 2017 $0.60. $24,101 April 27, 2017 $35,000 20,000 On February 1, 2017, $125,000 $12,000 October 1, 2017. October 1, 2017 60% 20 $121,886 $59,935 May 31, 2017. $61,950 $63,050 May 31, 2017 July 28, 2017, $174,914, $49,914, nine February 28, 2018. Long-Term Convertible Debenture On November 11, 2016, three $500,000 $450,000 10% $50,000 three November 11, 2016, first three $150,000 $135,000 $15,000 $0.65 150 no 150 $0.65 sixty five 65% twenty 20 180 50,000 $6,000 $38,337 $74,530 $15,000 $6,000. May 31, 2017, $24,573 $109,294 $40,706 June 19, 2017, $195,000, $45,000, nine February 28, 2018. On March 1, 2017, 10% $100,000 March 31, 2017 100,000 three $.60 $40,120 May 31, 2017. March 31, 2017, 10% May 15, 2017. August 29, 2017, December 31, 2017. 25,000 $5,998. $1.00 three $100,000 February 28, 2018. not December 31, 2017 On March 3, 2017, 10% $103,000 November 3, 2017 50,000 three $.60 may 40% 20 $89,337 $3,000 May 31, 2017, $33,543, $58,794 $44,206 August 30, 2017, $144,129, $41,129, nine February 28, 2018. On March 7, 2017, 10% $100,000 March 31, 2017 100,000 three $.60 $40,120 May 31, 2017. April 20, 2017, 10% April 21, 2017. 169,886 May 31, 2017. March 31 st 169,886 169,886 $1.00 AIP Financing On May 1, 2017, 10% “10% $2,500,000 May 1, 2017 ( 10% May 10, 2017 ( 2,500,000 $1.00 five The principal amount of the 10% 15% 10% May 1, 2018 10% 10% 20% 10% first 10% 10% $0.80 $0.60 not $500,000 90 75 In connection with the AIP Financing, the Company and the Holders entered into a Registration Rights Agreement under which the Company required, in no 75 10% no 120 not not not August 29, 2017, 150,001 not 1 July 15, 2017 May 1, 2017 ( 6 2,500,000 $0.80 $0.60 $594,583 nine February 28, 2018. In relation to this transaction, the Company recorded debt discount of $1,250,000 $250,000 $375,000 $175,833. May 31, 2017, $168,562 $1,882,274 $617,727. February 28, 2018, $1,533,913 nine $348,361 $2,151,640 9% On April 21, 2017, “2017 $899,999 9% “9% “2017 two 9% 2017 April 21, 2017, The 9% October 21, 2017 9% 9% 9% 9% not five 60% 30 As a part of the 2017 2017 1,279,998 $0.60 75% 2017 five May 16, 2017, one 831,168 447,552 $0.60 In relation to this transaction, the Company recorded debt discount of $560,343 $339,656 $107,999 $12,000. May 31, 2017, $226,666 $793,332 $106,667. October 24, 2017, one $15,000 60,606 $0.2475 December 4, 2017,one $25,000 101,010 $0.2475 February 28, 2018, $793,332 nine $0 $859,999 On November 10, 2017, 100,000 November 13, 2017, November 21, 2017; 100,000 November 22, 2017, December 21, 2017; 100,000 December 22, 2017, January 21, 2018; 100,000 January 21, 2018, February 21, 2018. not 9% not 9% February 22, 2018, #2 May 22, 2018 100,000 March 22, 2018 April 22, 2018. SolBright Notes As part of the consideration for the purchase of the SolBright Assets, the Company delivered to SolBright a Senior Secured Promissory Note in the principal amount of $2,000,000 $6,000,000 May 31, 2017 ( 3 4,000,000 September 28, 2017. Transactions for the Nine months ended February 28, 2018 On July 28, 2017, two $70,000, January 28, 2018, 9%, 60% 30 233,332 $0.60 five $17,000 $3,000 two $50,000. $66,136, October 10, 2017 On January 23, 2018, $237,600, October 18, 2018, 8%, $0.60 30,000 300,000 $0.60 three $20,000, $17,600, $165,026, $202,626. $200,000. $27,218 nine February 28, 2018 $175,407 $62,193 February 28, 2018. On February 2, 2018, $150,000, February 2, 2019, 10%. 180 60% 20 $3,000, $147,000. $120,142. $123,142 $7,422 nine February 28, 2018 $115,720 $34,280 February 28, 2018. |
Note 7 - Stockholders' Equity
Note 7 - Stockholders' Equity | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | NOTE 7 Preferred Stock On April 28, 2017, $0.001 may 5,000,000 4,000,000 February 28, 2018. Upon effectiveness of the Amendment, the Board of Directors will have the authority to issue shares of Preferred Stock from time to time on terms it may one Series A Convertible Preferred Stock The issuance by the Company of 4,000,000 May 1, 2017 ( May 1, 2017 3 On September 28, 2017, 5,000,000 $0.0001 4,000,000 $6,000,000 The Series A Stock ranks senior to the common stock and any other class of shares which are not Dividends Cash dividends accrue on each share of Series A Stock, at the rate of 4% first March, June, September December June 1, 2017. not not $100,000 February 28, 2018. Conversion Each share of Series A Stock is convertible at any time at the option of the holder into one $1.50, $1.50 Liquidation Preference The Series A Stock has a liquidation preference of the Stated Value ( $1.50 No $1.50 Voting A holder of Series A Stock shall not Redemption The Company has the right, upon notice to the holders of the Series A Stock no 30 Common Stock Each outstanding share of Common Stock entitles the holder thereof to one not Increase in Authorized Shares A majority of the Company’s stockholders authorized, at the recommendation of the Company’s Board of Directors, an increase the number of shares of common stock from 100,000,000 600,000,000. March 17, 2014. Reverse Stock Split Effective March 18, 2015, 1 30 not not February 12, 2015, first Transactions for the Year Ended May 31, 2017 The following transactions affected the Company’s Stockholders’ Equity for Fiscal Year 2017: a. On October 13, 2016, 400,000 two $0.67 $268,000 b. On October 28, 2016, 20,000 6 c. On November 11, 2016, 50,000 6 d. In December 2016, 50,000 $55,000. e. In January 2017, 15,000 $14,398 May 31, 2017. f. In January 2017, 20,000 $14,400 May 31, 2017. g. On February 15, 2017, 208,596 two $253,003. h. On March 23, 2017, 44,403 i. On May 1, 2017, 10% $2,500,000 2,500,000 j. On April 27, 2017, $899,999 9% 1,279,998 two k. On May 1, 2017, $1,230,000 2,050,002 three 2,050,002 $1.00 $100,000 169,886 169,886 l. In connection with the May 1, 2017 4,000,000 one 120 one $4,000,000 $1.28 $5,120,000. m. On May 1, 2017, 100,000 $128,000. n. On May 16, 2017, 447,552 831,168 o. On May 22, 2017, 60,000 $60,300. p. In April May 2017, 104,796 two $77,000. $79,454 q. On May 11, 2017 50,000 $150,000. $62,500 Transactions for the Nine months ended February 28, 2018 a. On June 1, 2017, 160,000 $112,000. b. On August 11, 2017, 200,000 $124,000. c. On August 29, 2017, 150,001 not 1 July 15, 2017 May 1, 2017 ( 6 2,500,000 $0.80 $0.60 $594,583 nine February 28, 2018. d. In November 2017, 2,370,318 e. On November 27, 2017, 400,000 $348,000 two December 21, 2017. f. On November 27, 2017 550,000 three $0.65 $1.30 g. On November 27, 2017, 337,410 $202,446, $101,223 nine February 28, 2018. h. On November 29, 2017, 60,606 $15,000 i. On December 4, 2017, 101,010 $25,000 200,000 $0.87 j. On December 21, 2017, 1 May 1, 2017, December 21, 2017 January 30, 2018, 1,000,000 $650,000. k. On December 27, 2017, $15,000 25,000 $16,250. l. As of January 11, 2018, 160,000 $104,000 one m. As of January 11, 2018, 102,664 $56,465 n. On January 18, 2018, 310,000 $179,800 o. In January March 2018, 400,000 $0.60 $0.87 p. On February 2, 2018, 30,000 $18,600 q. On February 16, 2018, 150,000 $88,500 |
Note 8 - Stock-based Compensati
Note 8 - Stock-based Compensation | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Disclosure of Compensation Related Costs, Share-based Payments [Text Block] | NOTE 8 The Company accounted for its stock based compensation in accordance with the fair value recognition provisions of FASB ASC Topic 718, 2017 The Board of Directors approved the Company’s 2017 “2017 April 27, 2017 2017 April 28, 2017. may 2017 10,000,000 Options During the year ended May 31, 2017, 2,500,000 2017 no three nine February 28, 2018. Compensation based stock option activity for qualified and unqualified stock options are summarized as follows: Weighted Average Shares Exercise Price Outstanding at May 31, 2016 5,112,500 $ 0.99 Granted 2,500,000 1.60 Exercised (175,000 ) 1.00 Expired or cancelled - - Outstanding at May 31, 2017 7,437,500 $ 1.19 Granted - - Exercised - - Expired or cancelled - - Outstanding at February 28, 2018 7,437,500 $ 1.19 The following table summarizes information about options to purchase shares of the Company’s common stock outstanding and exercisable at February 28, 2018: Weighted- Weighted- Average Average Range of Outstanding Remaining Life Exercise Number exercise prices Options In Years Price Exercisable $ 0.60 2,300,000 3.72 $ 0.60 2,300,000 $ 1.00 1,025,000 4.79 $ 1.00 1,025,000 $ 1.20 1,562,500 6.83 $ 1.20 1,562,500 $ 1.50 1,000,000 9.17 $ 1.50 1,000,000 $ 2.00 1,550,000 7.45 $ 2.00 1,550,000 7,437,500 6.03 $ 1.19 7,437,500 The compensation expense attributed to the issuance of the options will be recognized as they vested/earned. These stock options are exercisable for three ten The employee stock option plan stock options are exercisable for ten three The aggregate intrinsic value totaled $0 $0.55 February 28, 2018, On April 28, 2017, 2,500,000 April 28, 2017, $1.00 $2.00 2,500,000 first second $1.30; $1.00 $2.00; 100.05%; 2.3%; 0%; 5 5.75 Total compensation expense related to the options was $732,180 $0 nine February 28, 2018 2017, February 28, 2018, $1,138,947 Warrants The issuance of warrants to purchase shares of the Company's common stock including those attributed to debt issuances are summarized as follows: Weighted Average Shares Exercise Price Outstanding at May 31, 2016 5,225,987 $ 1.53 Granted 6,249,886 0.90 Exercised (831,168 ) 0.60 Expired or cancelled (169,833 ) 3.14 Outstanding at May 31, 2017 10,474,872 $ 1.20 Granted 808,332 0.74 Exercised (3,182,162 ) 0.91 Expired or cancelled (65,999 ) 1.20 Outstanding at February 28, 2018 8,035,043 $ 1.25 The following table summarizes information about warrants outstanding and exercisable at February 28, 2018: Outstanding and exercisable Weighted- Weighted- Range of Average Average Exercise Number Remaining Life Exercise Number Prices Outstanding in Years Price Exercisable $ 0.60 550,000 2.02 $ 0.60 550,000 $ 1.00 2,777,889 2.05 $ 1.00 2,777,889 $ 1.20 2,868,823 1.50 1.20 2,868,823 $ 2.00 1,838,331 0.32 2.00 1,838,331 8,035,043 1.38 $ 1.25 8,035,043 The expense attributed to the issuances of the warrants was recognized as they vested/earned. These warrants are exercisable for three five Issuances of warrants to purchase shares of the Company's common stock were as follows: Transactions for the Year Ended May 31, 2017 a. On March 1, 2017, 10% $100,000 March 31, 2017 100,000 three $.60 b. On March 3, 2017, 10% $103,000 November 3, 2017 50,000 three $.60 c. On March 7, 2017, 10% $100,000 March 31, 2017 100,000 three $.60 d. In April May 2017, 2,219,888 2017 three $1.00. e. On April 21, 2017, 2017 2017 1,279,998 $0.60 75% 2017 five May 16, 2017, one 831,168 $0.60. f. On May 1, 2017, 2,500,000 $1.00 five g. On May 16, 2017, 447,552 831,168 Transactions for the Nine months ended February 28, 2018 a. On July 28, 2017, two $70,000, January 28, 2018, 9%, 60% 30 233,332 $0.60 five b. On August 28, 2017, 275,000 two December 31, 2017. 1.00 three $65,973. c. In November 2017, 2,370,318 3,182,162 d. On January 23, 2018, 300,000 three $0.60 |
Note 9 - License Agreements
Note 9 - License Agreements | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
License Agreements [Text Block] | NOTE 9 Master Agreement – License of (“PEMS-SF”) On July 10, 2014, 1 one 2 10% 3 4 sixty 60 not Revenue recognized under the Master Agreement amounted to $ 0 three nine February 28, 2018, $0 $14,793 three nine February 28, 2017, |
Note 10 - Commitments
Note 10 - Commitments | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Commitments and Contingencies Disclosure [Text Block] | NOTE 10 Leases The Company’s SES subsidiary leases offices in Jericho, New York. The facility is approximately 1,850 August 1, 2015 September 30, 2018. $57,300. not In May 2016, third 64 first two $5,176 10 $6,000 61 64. $7,166 Rent expense for all locations including occupancy costs for the nine February 28, 2018 2017 $76,533 $43,706, Future minimum rental commitments of non-cancelable operating leases (including the Jericho lease) are as follows: For the twelve-month period ending February 28, Office Rent 2018 $ 114,178 2019 67,542 2020 69,562 2021 35,650 2022 - Thereafter - $ 286,932 |
Note 11 - Concentrations of Cre
Note 11 - Concentrations of Credit Risk | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Concentration Risk Disclosure [Text Block] | NOTE 11 Cash The Company maintains principally all cash balances in two may not Net Sales Two 76% 88%, three February 28, 2018 2017, Three months ended February 28, 2018 2017 Customer 1 48% 88% Customer 2 28% - Two 85% 68% nine February 28, 2018 2017 Nine months ended February 28, 2018 2017 Customer 1 67% 22% Customer 2 18% 46% Accounts Receivable Two 83% February 28, 2018, Customer 1 43 % Customer 2 40 % Two 91% May 31, 2017, Customer 1 50 % Customer 2 41 % |
Note 12 - Related Party Transac
Note 12 - Related Party Transactions | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | NOTE 12 There were no nine February 28, 2018 2017. |
Note 13 - Business Segment Info
Note 13 - Business Segment Information | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Segment Reporting Disclosure [Text Block] | NOTE 13 As of February 28, 2018, two The accounting policies of each of the segments are the same as those described in the Summary of Significant Accounting Policies in Note 2. Operating results for the business segments of the Company were as follows: For the Three Months Ended February 28, 2018 Arkados SES SG Total Revenue $ 2,845 $ 2,493,699 $ - $ 2,496,544 Cost of Sales 3,632 1,564,876 - 1,568,508 Gross Profit (Loss) (787 ) 928,823 - 928,036 Operating Expenses 75,163 679,689 782,647 1,537,499 Operating Income (Loss) (75,950 ) 249,134 (782,647 ) (609,463 ) Other income (expenses) - - (1,832,245 ) (1,832,245 ) Loss before income taxes $ (75,950 ) $ 249,134 $ (2,614,892 ) $ (2,441,708 ) For the Three Months Ended February 28, 2017 Arkados SES SG Total Revenue $ (10,299 ) $ 274,099 $ - $ 263,800 Cost of Sales - 51,360 - 51,360 Gross Profit (Loss) (10,299 ) 222,739 - 212,440 Operating Expenses 165,320 120,319 34,077 319,716 Operating Income (Loss) (175,619 ) 102,420 (34,077 ) (107,276 ) Other income (expenses) 17,648 (155,876 ) (25,474 ) (163,702 ) Loss before income taxes $ (157,971 ) $ (53,456 ) $ (59,551 ) $ (270,978 ) For the Nine Months Ended February 28, 2018 Arkados SES SG Total Revenue $ 2,845 $ 11,062,840 $ - $ 11,065,685 Cost of Sales 3,632 9,749,941 - 9,753,573 Gross Profit (Loss) (787 ) 1,312,899 - 1,312,112 Operating Expenses 438,398 2,135,881 2,091,293 4,665,572 Operating Income (Loss) (439,185 ) (822,982 ) (2,091,293 ) (3,353,460 ) Other income (expenses) (101,223 ) - (5,692,213 ) (5,793,436 ) Loss before income taxes $ (540,408 ) $ (822,982 ) $ (7,783,506 ) $ (9,146,896 ) For the Nine Months Ended February 28, 2017 Arkados SES SG Total Revenue $ 78,648 $ 999,315 $ - $ 1,077,963 Cost of Sales - 690,125 - 690,125 Gross Profit (Loss) 78,648 309,190 - 387,838 Operating Expenses 433,924 423,880 418,570 1,276,374 Operating Income (Loss) (355,276 ) (114,690 ) (418,570 ) (888,536 ) Other income (expenses) (30,640 ) (12,363 ) (123,774 ) (166,777 ) Loss before income taxes $ (385,916 ) $ (127,053 ) $ (542,344 ) $ (1,055,313 ) Total Assets February 28, 2018 $ 452,950 $ 18,425,774 $ 18,878,724 May 31, 2017 $ 657,885 $ 18,357,793 $ 19,015,678 |
Note 14 - Subsequent Events
Note 14 - Subsequent Events | 9 Months Ended |
Feb. 28, 2018 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | NOTE 14 On March 9, 2018, $115,000, $15,000 9%, 6 30 29,464 five On March 9, 2018, $120,000, $15,000 $5,000 9%, 6 30 29,464 five On April 2, 2018, 200,000 |
Significant Accounting Policies
Significant Accounting Policies (Policies) | 9 Months Ended |
Feb. 28, 2018 | |
Accounting Policies [Abstract] | |
Going Concern [Policy Text Block] | Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has incurred net losses of approximately $55 $9 nine February 28, 2018. February 28, 2018 not The Company’s plan, through potential acquisitions and the continued promotion of its services to existing and potential customers, is to generate sufficient revenues to cover its anticipated expenses. The Company is currently exploring several options to meet its short-term cash requirements, including an equity raise or loan funding from third no may |
Correction to Immaterial Misstatement to Prior Period Financial Statements [Policy Text Block] | Correction to Immaterial Misstatement to Prior Period Financial Statements During the first 2018, May 31, 2017 $369,399 May 1, 2017. $369,399 May 31, 2017. Based on an analysis of Accounting Standards Codification (“ASC”) 250 250” 99 99” 108 108” three August 31, 2017. not may Accordingly, we revised our presentation of accounts payable and retained earnings in the consolidated financial statements for the three August 31, 2017 May 31, 2017. first August 31, 2017, $369,399 May 31, 2017. |
Consolidation, Policy [Policy Text Block] | Principles of Consolidation The consolidated financial statements include the accounts of the Company, and its wholly-owned subsidiaries, which include SES and Arkados. Intercompany accounts and transactions have been eliminated in consolidation. |
Revenue Recognition, Policy [Policy Text Block] | Revenue Recognition Arkados The Company enters into arrangements with end users for items which may no Revenues from software licensing are recognized in accordance with Accounting Standards Codification (“ASC”) 985 605, License revenues are recognized at the time of delivery of the software and all other revenue recognition criteria discussed above have been met. Deferred revenue represents license revenues billed but not SES Sales of products are recognized when the products are shipped and the customer takes risk of ownership and assumes the risk of loss. Service revenue is recognized when the service is completed. Deferred revenue represents revenues billed but not |
Change of Estimates, Policy [Policy Text Block] | Change in Estimates During the three November 30, 2017, $900,000 three November 30, 2017. November 30, 2017. |
Cash and Cash Equivalents, Policy [Policy Text Block] | Cash and Cash Equivalents The Company considers investments in highly liquid instruments with a maturity of three not February 28, 2018 May 31, 2017. |
Receivables, Policy [Policy Text Block] | Accounts Receivable Accounts receivable are reported at their outstanding unpaid principal balances net of allowances for uncollectible accounts. The Company provides for allowances for uncollectible receivables based on management’s estimate of uncollectible amounts considering age, collection history, and any other factors considered appropriate. The Company writes off accounts receivable against the allowance for doubtful accounts when a balance is determined to be uncollectible. At February 28, 2018 May 31, 2017, not |
Fair Value of Financial Instruments, Policy [Policy Text Block] | Fair Value of Financial Instruments The carrying value of cash, accounts receivable, other receivables, accounts payable and accrued expenses approximate their fair values based on the short-term maturity of these instruments. The carrying amounts of debt were also estimated to approximate fair value. As defined in ASC 820, 820 1 3 The three 820 ● Level 1 1 ● Level 2 1, 2 ● Level 3 may |
Earnings Per Share, Policy [Policy Text Block] | Earnings (Loss) Per Share (“EPS”) Basic EPS is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding. Diluted EPS includes the effect from potential issuance of common stock, such as stock issuable pursuant to the exercise of stock options and warrants and the assumed conversion of convertible notes. The following table summarizes the securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive even though the exercise price could be less than the average market price of the common shares: Three and Nine Months Ended February 28, 2018 2017 Series A Preferred Stock 4,000,000 - Convertible notes 7,312,205 470,319 Stock options 7,437,500 5,112,500 Warrants 8,035,043 5,125,987 Potentially dilutive securities 26,784,748 10,708,806 |
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block] | Stock Based Compensation In computing the impact, the fair value of each option and/or warrant is estimated on the date of grant based on the Black-Scholes options-pricing model utilizing certain assumptions for a risk-free interest rate; volatility; and expected remaining lives of the awards. The assumptions used in calculating the fair value of share-based payment awards represent management’s bfest estimates, but these estimates involve inherent uncertainties and the application of management judgment. As a result, if factors change and the Company uses different assumptions, the Company’s stock-based compensation expense could be materially different in the future. In addition, the Company is required to estimate the expected forfeiture rate and only recognize expense for those shares expected to vest. In estimating the Company’s forfeiture rate, the Company analyzed its historical forfeiture rate, the remaining lives of unvested options, and the amount of vested options as a percentage of total options outstanding. If the Company’s actual forfeiture rate is materially different from its estimate, or if the Company reevaluates the forfeiture rate in the future, the stock-based compensation expense could be significantly different from what the Company has recorded in the current period. During the three nine February 28, 2018, 210,000 1,220,000 $192,445 $954,775, $413,455 February 28, 2018. Stock based compensation expense related to stock options for the three nine February 28, 2018 $244,060 $732,180, $0 three nine February 28, 2017. |
Use of Estimates, Policy [Policy Text Block] | Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, equity-based transactions and disclosure of contingent liabilities at the date of the financial statements and revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company believes the following critical accounting policies affect its more significant judgments and estimates used in the preparation of the financial statements. Significant estimates include the allowance for doubtful accounts, the useful life of plant and equipment and intangible assets, deferred tax asset and valuation allowance, and assumptions used in Black-Scholes-Merton, or BSM, valuation methods, such as expected volatility, risk-free interest rate, and expected dividend rate. |
Property, Plant and Equipment, Policy [Policy Text Block] | Property and Equipment Property and equipment is recorded at cost. Depreciation is computed using straight-line and accelerated methods over the estimated useful lives of the related assets. Expenditures that enhance the useful lives of the assets are capitalized and depreciated. Maintenance and repairs are expensed as incurred. When properties are retired or otherwise disposed of, related costs and related accumulated depreciation are removed from the accounts. |
Research and Development Expense, Policy [Policy Text Block] | Research and Development All research and development costs are expensed as incurred. |
Foreign Currency Transactions and Translations Policy [Policy Text Block] | Foreign Currency Transactions The Company accounts for foreign currency translation pursuant to ASC 830. 830, |
Deferred Charges, Policy [Policy Text Block] | Deferred Financing Costs Costs incurred in connection with obtaining financing are deferred and amortized on a straight-line basis over the term of the related loan. |
Derivatives, Policy [Policy Text Block] | Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with accounting standards for “Accounting for Derivative Instruments and Hedging Activities.” Accounting standards generally provides three three not not The Company accounts for convertible instruments (when it has determined that the embedded conversion options should not ASC 815 40 not |
Reclassification, Policy [Policy Text Block] | Reclassifications Certain reclassifications have been made to conform the prior period data to the current presentations. |
New Accounting Pronouncements, Policy [Policy Text Block] | Recent Accounting Pronouncements In July 2017, 2017 11, 260 480; 815 2017 11" no 2017 11 December 15, 2018, On May 10, 2017, 2017 09 718 December 15, 2017. In January 2017, 2017 01, 805 December 15, 2017, In November 2016, 2016 18, 230 December 15, 2017, In August 2016, 2016 15, 230 2016 15 first 2019. In April 2016, 2016 10 two 606. no In March 2016, December 15, 2016 In February 2016, 2016 02, 842 December 15, 2018 12 one two no In January 2016, 2016 01, December 15, 2017, first not In August 2015, 2015 14, 606 2014 09 606 2014 09 December 15, 2017, December 15, 2016, All newly issued but not not |
Note 2 - Summary of Significa21
Note 2 - Summary of Significant Accounting Policies (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | Three and Nine Months Ended February 28, 2018 2017 Series A Preferred Stock 4,000,000 - Convertible notes 7,312,205 470,319 Stock options 7,437,500 5,112,500 Warrants 8,035,043 5,125,987 Potentially dilutive securities 26,784,748 10,708,806 |
Note 3 - Acquisitions, Goodwi22
Note 3 - Acquisitions, Goodwill and Intangible Assets (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedule of Business Acquisitions, by Acquisition [Table Text Block] | Costs in excess of billing $ 1,001,083 Other current assets 33,175 Property and equipment 21,101 Intangible assets 2,764,000 Goodwill 13,039,399 Total assets acquired $ 16,858,758 Accounts payable and accrued liabilities 635,832 Billings in excess of WIP 102,926 Total liabilities assumed 738,758 Net assets acquired $ 16,120,000 The purchase price consists of the following: Cash 3,000,000 Convertible note 6,000,000 Senior Secured Promissory Note 2,000,000 Common stock 5,120,000 Total purchase price $ 16,120,000 |
Business Acquisition, Pro Forma Information [Table Text Block] | For the Years May 31, 2017 2016 (Unaudited) (Unaudited) Revenues $ 8,748,262 $ 13,988,356 Net loss from continuing operations $ (3,320,081 ) $ (4,461,701 ) Weighted average number of common shares – Basic and diluted 14,370,519 12,126,367 Net loss per share from continuing operations $ (0.23 ) $ (0.37 ) |
Note 5 - Accounts Payable and23
Note 5 - Accounts Payable and Accrued Expenses (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block] | February 28 , May 31, 2018 2017 Accounts payable $ 3,776,878 $ 1,777,117 * Accrued interest payable 421,329 236,351 Accrued payroll 17,010 15,129 Accrued other 142,561 145,946 $ 4,357,778 $ 2,174,543 |
Note 8 - Stock-based Compensa24
Note 8 - Stock-based Compensation (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Share-based Compensation, Activity [Table Text Block] | Weighted Average Shares Exercise Price Outstanding at May 31, 2016 5,112,500 $ 0.99 Granted 2,500,000 1.60 Exercised (175,000 ) 1.00 Expired or cancelled - - Outstanding at May 31, 2017 7,437,500 $ 1.19 Granted - - Exercised - - Expired or cancelled - - Outstanding at February 28, 2018 7,437,500 $ 1.19 |
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block] | Weighted- Weighted- Average Average Range of Outstanding Remaining Life Exercise Number exercise prices Options In Years Price Exercisable $ 0.60 2,300,000 3.72 $ 0.60 2,300,000 $ 1.00 1,025,000 4.79 $ 1.00 1,025,000 $ 1.20 1,562,500 6.83 $ 1.20 1,562,500 $ 1.50 1,000,000 9.17 $ 1.50 1,000,000 $ 2.00 1,550,000 7.45 $ 2.00 1,550,000 7,437,500 6.03 $ 1.19 7,437,500 |
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block] | Weighted Average Shares Exercise Price Outstanding at May 31, 2016 5,225,987 $ 1.53 Granted 6,249,886 0.90 Exercised (831,168 ) 0.60 Expired or cancelled (169,833 ) 3.14 Outstanding at May 31, 2017 10,474,872 $ 1.20 Granted 808,332 0.74 Exercised (3,182,162 ) 0.91 Expired or cancelled (65,999 ) 1.20 Outstanding at February 28, 2018 8,035,043 $ 1.25 |
Schedule of Other Share-based Compensation, Activity [Table Text Block] | Outstanding and exercisable Weighted- Weighted- Range of Average Average Exercise Number Remaining Life Exercise Number Prices Outstanding in Years Price Exercisable $ 0.60 550,000 2.02 $ 0.60 550,000 $ 1.00 2,777,889 2.05 $ 1.00 2,777,889 $ 1.20 2,868,823 1.50 1.20 2,868,823 $ 2.00 1,838,331 0.32 2.00 1,838,331 8,035,043 1.38 $ 1.25 8,035,043 |
Note 10 - Commitments (Tables)
Note 10 - Commitments (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | For the twelve-month period ending February 28, Office Rent 2018 $ 114,178 2019 67,542 2020 69,562 2021 35,650 2022 - Thereafter - $ 286,932 |
Note 11 - Concentrations of C26
Note 11 - Concentrations of Credit Risk (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedules of Concentration of Risk, by Risk Factor [Table Text Block] | Three months ended February 28, 2018 2017 Customer 1 48% 88% Customer 2 28% - Nine months ended February 28, 2018 2017 Customer 1 67% 22% Customer 2 18% 46% Customer 1 43 % Customer 2 40 % Customer 1 50 % Customer 2 41 % |
Note 13 - Business Segment In27
Note 13 - Business Segment Information (Tables) | 9 Months Ended |
Feb. 28, 2018 | |
Notes Tables | |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | For the Three Months Ended February 28, 2018 Arkados SES SG Total Revenue $ 2,845 $ 2,493,699 $ - $ 2,496,544 Cost of Sales 3,632 1,564,876 - 1,568,508 Gross Profit (Loss) (787 ) 928,823 - 928,036 Operating Expenses 75,163 679,689 782,647 1,537,499 Operating Income (Loss) (75,950 ) 249,134 (782,647 ) (609,463 ) Other income (expenses) - - (1,832,245 ) (1,832,245 ) Loss before income taxes $ (75,950 ) $ 249,134 $ (2,614,892 ) $ (2,441,708 ) For the Three Months Ended February 28, 2017 Arkados SES SG Total Revenue $ (10,299 ) $ 274,099 $ - $ 263,800 Cost of Sales - 51,360 - 51,360 Gross Profit (Loss) (10,299 ) 222,739 - 212,440 Operating Expenses 165,320 120,319 34,077 319,716 Operating Income (Loss) (175,619 ) 102,420 (34,077 ) (107,276 ) Other income (expenses) 17,648 (155,876 ) (25,474 ) (163,702 ) Loss before income taxes $ (157,971 ) $ (53,456 ) $ (59,551 ) $ (270,978 ) For the Nine Months Ended February 28, 2018 Arkados SES SG Total Revenue $ 2,845 $ 11,062,840 $ - $ 11,065,685 Cost of Sales 3,632 9,749,941 - 9,753,573 Gross Profit (Loss) (787 ) 1,312,899 - 1,312,112 Operating Expenses 438,398 2,135,881 2,091,293 4,665,572 Operating Income (Loss) (439,185 ) (822,982 ) (2,091,293 ) (3,353,460 ) Other income (expenses) (101,223 ) - (5,692,213 ) (5,793,436 ) Loss before income taxes $ (540,408 ) $ (822,982 ) $ (7,783,506 ) $ (9,146,896 ) For the Nine Months Ended February 28, 2017 Arkados SES SG Total Revenue $ 78,648 $ 999,315 $ - $ 1,077,963 Cost of Sales - 690,125 - 690,125 Gross Profit (Loss) 78,648 309,190 - 387,838 Operating Expenses 433,924 423,880 418,570 1,276,374 Operating Income (Loss) (355,276 ) (114,690 ) (418,570 ) (888,536 ) Other income (expenses) (30,640 ) (12,363 ) (123,774 ) (166,777 ) Loss before income taxes $ (385,916 ) $ (127,053 ) $ (542,344 ) $ (1,055,313 ) Total Assets February 28, 2018 $ 452,950 $ 18,425,774 $ 18,878,724 May 31, 2017 $ 657,885 $ 18,357,793 $ 19,015,678 |
Note 1 - Description of Busin28
Note 1 - Description of Business and Basis of Presentation (Details Textual) | 9 Months Ended |
Feb. 28, 2018 | |
Number of Subsidiaries | 2 |
Note 2 - Summary of Significa29
Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) | Feb. 16, 2018 | Aug. 11, 2017 | Jun. 01, 2017 | Dec. 31, 2016 | Feb. 28, 2018 | Nov. 30, 2017 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | May 31, 2017 | May 01, 2017 |
Net Income (Loss) Attributable to Parent | $ (2,442,183) | $ (271,550) | $ (9,147,371) | $ (1,067,676) | $ (55,000,000) | |||||||
Cost of Goods and Services Sold | $ 900,000 | |||||||||||
Cash Equivalents, at Carrying Value | $ 0 | $ 0 | 0 | $ 0 | ||||||||
Stock Issued During Period, Shares, Issued for Services | 150,000 | 200,000 | 160,000 | 50,000 | 210,000 | 1,220,000 | ||||||
Stock Issued During Period, Value, Issued for Services | $ 55,000 | $ 192,445 | $ 954,775 | |||||||||
Retained Earnings (Accumulated Deficit) | (55,326,517) | (55,326,517) | $ (55,326,517) | (46,179,146) | ||||||||
Employee Stock Option [Member] | Selling, General and Administrative Expenses [Member] | ||||||||||||
Allocated Share-based Compensation Expense, Net of Tax | $ 244,060 | $ 0 | 732,180 | $ 0 | ||||||||
Prepaid Expenses and Other Current Assets [Member] | ||||||||||||
Allocated Share-based Compensation Expense, Net of Tax | $ 413,455 | |||||||||||
Restatement Adjustment [Member] | ||||||||||||
Accounts Payable and Accrued Liabilities | (369,399) | |||||||||||
Retained Earnings (Accumulated Deficit) | 369,399 | |||||||||||
SolBright Renewable Energy, LLC [Member] | ||||||||||||
Business Combination Recognized Identifiable Assets Acquired and Liabilities, Assumed Current Liabilities, Accounts Payable and Accrued Liabilities | $ 369,399 | $ 635,832 |
Note 2 - Summary of Significa30
Note 2 - Summary of Significant Accounting Policies - Antidilutive Securities (Details) - shares | 9 Months Ended | |
Feb. 28, 2018 | Feb. 28, 2017 | |
Potentially dilutive securities (in shares) | 26,784,748 | 10,708,806 |
Convertible Debt Securities [Member] | ||
Potentially dilutive securities (in shares) | 7,312,205 | 470,319 |
Employee Stock Option [Member] | ||
Potentially dilutive securities (in shares) | 7,437,500 | 5,112,500 |
Warrant [Member] | ||
Potentially dilutive securities (in shares) | 8,035,043 | 5,125,987 |
The 4% Series A Convertible Preferred Stock [Member] | ||
Potentially dilutive securities (in shares) | 4,000,000 |
Note 3 - Acquisitions, Goodwi31
Note 3 - Acquisitions, Goodwill and Intangible Assets (Details Textual) - USD ($) | Sep. 28, 2017 | May 01, 2017 | Feb. 28, 2018 | May 31, 2017 | Apr. 28, 2017 |
Preferred Stock, Par or Stated Value Per Share | $ 0.0001 | $ 0.0001 | $ 0.001 | ||
SolBright Renewable Energy, LLC [Member] | |||||
Payments to Acquire Businesses, Gross | $ 3,000,000 | ||||
Business Acquisition, Fee of Gross Cash Proceeds Per Transaction, Percent | 8.00% | ||||
SolBright Renewable Energy, LLC [Member] | Asset Purchase Agreement [Member] | Common Stock Consideration [Member] | |||||
Stock Issued During Period, Shares, New Issues | 4,000,000 | ||||
Business Acquisition, Share Price | $ 1.28 | ||||
Business Acquisition, Anti Dilution Protection, Value of Stock Issued | $ 4,000,000 | ||||
SolBright Renewable Energy, LLC [Member] | The 4% Series A Convertible Preferred Stock [Member] | |||||
Debt Instrument, Interest Rate, Stated Percentage | 4.00% | ||||
Preferred Stock, Par or Stated Value Per Share | $ 0.0001 | ||||
SolBright Renewable Energy, LLC [Member] | The 4% Series A Convertible Preferred Stock [Member] | Asset Purchase Agreement [Member] | |||||
Conversion of Stock, Shares Converted | 4,000,000 | ||||
SolBright Renewable Energy, LLC [Member] | The 4% Series A Convertible Preferred Stock [Member] | Asset Purchase Agreement [Member] | Common Stock Consideration [Member] | |||||
Preferred Stock, Par or Stated Value Per Share | $ 0.0001 | ||||
SolBright Renewable Energy, LLC [Member] | Senior Secured Promissory Note [Member] | |||||
Debt Instrument, Face Amount | $ 2,000,000 | $ 2,000,000 | |||
Debt Instrument Terms, Minimum Gross Proceeds From Equity Financing, Accelerating Maturity Date | $ 10,000,000 | ||||
Debt Instrument, Interest Rate, Stated Percentage | 15.00% | ||||
SolBright Renewable Energy, LLC [Member] | Preferred Stock Note [Member] | |||||
Debt Instrument, Face Amount | $ 6,000,000 | ||||
Debt Instrument, Interest Rate, Stated Percentage | 4.00% | ||||
Debt Instrument Interest Rate, In Event of Default | 12.00% | ||||
Debt Instrument, Convertible, Conversion Price | $ 1.50 |
Note 3 - Acquisitions. Goodwill
Note 3 - Acquisitions. Goodwill and Intangible Assets - Schedule of Acquisition (Details) - USD ($) | May 01, 2017 | Feb. 28, 2018 | May 31, 2017 |
Goodwill | $ 13,039,399 | $ 13,039,399 | |
SolBright Renewable Energy, LLC [Member] | |||
Costs in excess of billing | $ 1,001,083 | ||
Other current assets | 33,175 | ||
Property and equipment | 21,101 | ||
Intangible assets | 2,764,000 | ||
Goodwill | 13,039,399 | ||
Total assets acquired | 16,858,758 | ||
Accounts payable and accrued liabilities | 635,832 | $ 369,399 | |
Billings in excess of WIP | 102,926 | ||
Total liabilities assumed | 738,758 | ||
Net assets acquired | 16,120,000 | ||
Cash | 3,000,000 | ||
Convertible note | 6,000,000 | ||
Senior Secured Promissory Note | 2,000,000 | ||
Common stock | 5,120,000 | ||
Total purchase price | $ 16,120,000 |
Note 3 - Acquisitions, Goodwi33
Note 3 - Acquisitions, Goodwill and Intangible Assets - Pro Forma Information (Unaudited) (Details) - SolBright Renewable Energy, LLC [Member] - USD ($) | 12 Months Ended | |
May 31, 2017 | May 31, 2016 | |
Revenues | $ 8,748,262 | $ 13,988,356 |
Net loss from continuing operations | $ (3,320,081) | $ (4,461,701) |
Weighted average number of common shares – Basic and diluted (in dollars per share) | $ 14,370,519 | $ 12,126,367 |
Net loss per share from continuing operations (in dollars per share) | $ (0.23) | $ (0.37) |
Note 4 - Asset Sale and Debt 34
Note 4 - Asset Sale and Debt Subject to Equity Being Issued (Details Textual) - USD ($) | Feb. 28, 2018 | May 31, 2017 |
Long-term Debt | $ 456,930 | $ 456,930 |
STMicroelectronics, Inc [Member] | ||
Due from Officers or Stockholders, Current | $ 179,000 | $ 179,000 |
Note 5 - Accounts Payable and35
Note 5 - Accounts Payable and Accrued Expenses - Accounts Payable and Accrued Expenses (Details) - USD ($) | Feb. 28, 2018 | May 31, 2017 |
Accounts payable | $ 3,776,878 | $ 1,777,117 |
Accrued interest payable | 421,329 | 236,351 |
Accrued payroll | 17,010 | 15,129 |
Accrued other | 142,561 | 145,946 |
$ 4,357,778 | $ 2,174,543 |
Note 6 - Note Payable (Details
Note 6 - Note Payable (Details Textual) | Feb. 02, 2018USD ($) | Jan. 23, 2018USD ($)$ / sharesshares | Jan. 21, 2018shares | Dec. 22, 2017shares | Dec. 04, 2017USD ($)$ / shares | Nov. 22, 2017shares | Nov. 13, 2017shares | Oct. 24, 2017USD ($)$ / shares | Sep. 28, 2017 | Aug. 30, 2017USD ($) | Aug. 29, 2017USD ($)$ / sharesshares | Jul. 28, 2017USD ($)$ / sharesshares | Jun. 19, 2017USD ($) | May 31, 2017USD ($)shares | May 16, 2017$ / sharesshares | May 01, 2017USD ($)$ / sharesshares | Apr. 27, 2017USD ($)shares | Apr. 21, 2017USD ($)$ / sharesshares | Mar. 31, 2017USD ($)$ / sharesshares | Mar. 07, 2017USD ($)$ / sharesshares | Mar. 03, 2017USD ($)$ / sharesshares | Mar. 01, 2017USD ($)$ / sharesshares | Feb. 01, 2017USD ($) | Jan. 27, 2017USD ($)shares | Nov. 11, 2016USD ($)$ / sharesshares | Oct. 28, 2016USD ($)shares | Jan. 15, 2016USD ($)$ / shares | Nov. 30, 2017shares | Jan. 31, 2016USD ($)$ / sharesshares | Feb. 28, 2018USD ($)$ / shares | Feb. 28, 2018USD ($)$ / shares | Feb. 28, 2017USD ($) | May 31, 2017USD ($) | Aug. 31, 2016USD ($) | May 06, 2016USD ($) | Mar. 31, 2016USD ($) | Jan. 08, 2016USD ($) |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.25 | $ 1.25 | |||||||||||||||||||||||||||||||||||
Convertible Debt, Current | $ 871,651 | $ 3,108,112 | $ 3,108,112 | $ 871,651 | |||||||||||||||||||||||||||||||||
Repayments of Short-term Debt | 488,000 | ||||||||||||||||||||||||||||||||||||
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction | 23,600 | 9,000 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | 318,764 | $ 184,416 | |||||||||||||||||||||||||||||||||||
Convertible Debt, Noncurrent | 6,040,706 | 6,040,706 | |||||||||||||||||||||||||||||||||||
Notes Payable, Current | 545,832 | 545,832 | 545,832 | 545,832 | |||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | shares | 3,182,162 | ||||||||||||||||||||||||||||||||||||
Warrant [Member] | |||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | shares | 831,168 | ||||||||||||||||||||||||||||||||||||
AIP Note Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | shares | 150,001 | ||||||||||||||||||||||||||||||||||||
Other Noncash Expense | 594,583 | ||||||||||||||||||||||||||||||||||||
Six Percent Promissory Note [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 60,000 | $ 10,000 | $ 10,000 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | 6.00% | 6.00% | ||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 50,000 | 100,000 | |||||||||||||||||||||||||||||||||||
Interest Expense, Debt | $ 23,990 | 11,995 | |||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | $ 1 | |||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | 3 years | |||||||||||||||||||||||||||||||||||
Convertible Debt | 20,000 | 20,000 | |||||||||||||||||||||||||||||||||||
Convertible Debenture [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 130,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Number of Equity Instruments | 50,000 | ||||||||||||||||||||||||||||||||||||
Convertible Debt | $ 40,000 | ||||||||||||||||||||||||||||||||||||
Six Percent Convertible Note Due December 31, 2016 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 40,000 | 40,000 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 1.20 | ||||||||||||||||||||||||||||||||||||
10% Promissory Note Due March 31, 2017 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 100,000 | $ 100,000 | $ 150,000 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | 10.00% | 10.00% | 10.00% | |||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 25,000 | 100,000 | 100,000 | 100,000 | |||||||||||||||||||||||||||||||||
Interest Expense, Debt | $ 5,998 | $ 23,990 | |||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | $ 0.60 | $ 1 | $ 0.60 | $ 0.60 | ||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | 3 years | 3 years | 3 years | |||||||||||||||||||||||||||||||||
Convertible Debt | 150,000 | 150,000 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 40,120 | $ 40,120 | |||||||||||||||||||||||||||||||||||
Notes Payable, Current | 100,000 | 100,000 | |||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | shares | 169,886 | 169,886 | |||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | shares | 831,168 | ||||||||||||||||||||||||||||||||||||
10% Promissory Note Due March 31, 2017 [Member] | Common Stock [Member] | |||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | shares | 169,886 | ||||||||||||||||||||||||||||||||||||
Promissory Note Due April 21, 2017 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 38,500 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 3,500 | ||||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 65.00% | ||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | shares | 30,000 | 20,000 | |||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | $ 26,707 | 15,293 | |||||||||||||||||||||||||||||||||||
Conversion of Stock, Amount Issued | $ 35,000 | ||||||||||||||||||||||||||||||||||||
Promissory Note Due April 21, 2017 [Member] | Restricted Stock [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 11,793 | ||||||||||||||||||||||||||||||||||||
Promissory Note Due March 31, 2017 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 38,500 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 3,500 | ||||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 65.00% | ||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | shares | 20,000 | 20,000 | |||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | $ 24,101 | 17,898 | |||||||||||||||||||||||||||||||||||
Conversion of Stock, Amount Issued | $ 35,000 | ||||||||||||||||||||||||||||||||||||
Promissory Note Due March 31, 2017 [Member] | Restricted Stock [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 14,398 | ||||||||||||||||||||||||||||||||||||
Promissory Note Due October 1, 2017 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 125,000 | ||||||||||||||||||||||||||||||||||||
Interest Expense, Debt | 49,914 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 61,950 | $ 12,000 | 61,950 | ||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 60.00% | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 59,935 | ||||||||||||||||||||||||||||||||||||
Total Debt Discount | $ 121,886 | ||||||||||||||||||||||||||||||||||||
Convertible Debt, Current | 63,050 | 63,050 | |||||||||||||||||||||||||||||||||||
Repayments of Short-term Debt | $ 174,914 | ||||||||||||||||||||||||||||||||||||
Total Convertible Debentures [Member] | Securities Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 450,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 50,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Term | 3 years | ||||||||||||||||||||||||||||||||||||
Long-term Debt, Gross | $ 500,000 | ||||||||||||||||||||||||||||||||||||
Convertible Debentures, First Tranche [Member] | Securities Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 150,000 | ||||||||||||||||||||||||||||||||||||
Interest Expense, Debt | 45,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 0.65 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 109,294 | $ 15,000 | 109,294 | ||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 65.00% | ||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | shares | 50,000 | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 24,573 | ||||||||||||||||||||||||||||||||||||
Repayments of Short-term Debt | $ 195,000 | ||||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Debt | $ 135,000 | ||||||||||||||||||||||||||||||||||||
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction | 6,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | 74,530 | ||||||||||||||||||||||||||||||||||||
Convertible Debt, Noncurrent | 40,706 | 40,706 | |||||||||||||||||||||||||||||||||||
Convertible Debentures, First Tranche [Member] | Restricted Stock [Member] | Securities Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 38,337 | ||||||||||||||||||||||||||||||||||||
Ten Percent Promissory Note Due November 3, 2017 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 103,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 50,000 | ||||||||||||||||||||||||||||||||||||
Interest Expense, Debt | 41,129 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 58,794 | $ 89,337 | 58,794 | ||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 40.00% | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 33,543 | ||||||||||||||||||||||||||||||||||||
Repayments of Short-term Debt | $ 144,129 | ||||||||||||||||||||||||||||||||||||
Debt Issuance Costs, Net | $ 3,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | 44,206 | 44,206 | |||||||||||||||||||||||||||||||||||
The 10% Secured Convertible Promissory Notes [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 2,500,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
The 10% Secured Convertible Promissory Notes [Member] | AIP Note Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 2,500,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 2,500,000 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | ||||||||||||||||||||||||||||||||||||
Ten Percent Secured Convertible Promissory Notes 1 [Member] | AIP Note Purchase Agreement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 2,151,640 | 2,151,640 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 375,000 | 348,361 | 348,361 | ||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 1,533,913 | 168,562 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | 250,000 | ||||||||||||||||||||||||||||||||||||
Convertible Debt, Noncurrent | 617,727 | 617,727 | |||||||||||||||||||||||||||||||||||
Debt Issuance Costs, Net | 175,833 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | 1,882,274 | 1,882,274 | |||||||||||||||||||||||||||||||||||
Ten Percent Secured Convertible Promissory Notes 1 [Member] | AIP Note Purchase Agreement [Member] | Warrant [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | 1,250,000 | ||||||||||||||||||||||||||||||||||||
Nine Percent Convertible Promissory Notes [Member] | |||||||||||||||||||||||||||||||||||||
Debt Conversion, Converted Instrument, Shares Issued | shares | 100,000 | 100,000 | 100,000 | 100,000 | |||||||||||||||||||||||||||||||||
Nine Percent Convertible Promissory Notes [Member] | Private Placement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 899,999 | 859,999 | 859,999 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 1,279,998 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Number of Equity Instruments | 101,010 | 60,606 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Conversion Price | $ / shares | $ 0.2475 | $ 0.2475 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 107,999 | 0 | 0 | ||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 60.00% | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 793,332 | 226,666 | |||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Debt | $ 25,000 | $ 15,000 | |||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | $ 339,656 | ||||||||||||||||||||||||||||||||||||
Convertible Debt, Noncurrent | 106,667 | 106,667 | |||||||||||||||||||||||||||||||||||
Debt Issuance Costs, Net | 12,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | 793,332 | 793,332 | |||||||||||||||||||||||||||||||||||
Nine Percent Convertible Promissory Notes [Member] | Private Placement [Member] | L2 Capital LLC [Member] | |||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 447,552 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | shares | 831,168 | ||||||||||||||||||||||||||||||||||||
Nine Percent Convertible Promissory Notes [Member] | Warrant [Member] | Private Placement [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 560,343 | ||||||||||||||||||||||||||||||||||||
Senior Secured Promissory Note [Member] | SolBright Renewable Energy, LLC [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | 2,000,000 | $ 2,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 15.00% | ||||||||||||||||||||||||||||||||||||
Convertible Promissory Note [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 103,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | shares | 50,000 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | ||||||||||||||||||||||||||||||||||||
Convertible Promissory Note [Member] | SolBright Renewable Energy, LLC [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 6,000,000 | $ 6,000,000 | |||||||||||||||||||||||||||||||||||
Convertible Promissory Note [Member] | SolBright Renewable Energy, LLC [Member] | Series A Preferred Stock [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Number of Equity Instruments | 4,000,000 | ||||||||||||||||||||||||||||||||||||
Nine Percent Two Secured Convertible Promissory Notes [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 70,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 17,000 | ||||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 60.00% | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 66,136 | ||||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Debt | 50,000 | ||||||||||||||||||||||||||||||||||||
Debt Issuance Costs, Net | $ 3,000 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Issued in Period | shares | 233,332 | ||||||||||||||||||||||||||||||||||||
Convertible Note Payable Due October 18, 2018 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 237,600 | 62,193 | 62,193 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 8.00% | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Number of Equity Instruments | 30,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 20,000 | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | 202,626 | 27,218 | |||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Debt | 200,000 | ||||||||||||||||||||||||||||||||||||
Debt Issuance Costs, Net | $ 17,600 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | 175,407 | 175,407 | |||||||||||||||||||||||||||||||||||
Class of Warrant or Right Issued in Period | shares | 300,000 | ||||||||||||||||||||||||||||||||||||
Conversion of Stock, Conversion Price | $ / shares | $ 0.60 | ||||||||||||||||||||||||||||||||||||
Convertible Note Payable Due October 18, 2018 [Member] | Restricted Stock [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | $ 165,026 | ||||||||||||||||||||||||||||||||||||
Convertible Note Payable Due February 2, 2019 [Member] | |||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ 150,000 | 34,280 | 34,280 | ||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount | $ 3,000 | ||||||||||||||||||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 60.00% | ||||||||||||||||||||||||||||||||||||
Amortization of Debt Discount (Premium) | $ 123,142 | 7,422 | |||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Debt | 147,000 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Convertible, Beneficial Conversion Feature | $ 120,142 | ||||||||||||||||||||||||||||||||||||
Debt Instrument, Unamortized Discount (Premium), Net | $ 115,720 | $ 115,720 |
Note 7 - Stockholders' Equity (
Note 7 - Stockholders' Equity (Details Textual) | Apr. 02, 2018shares | Feb. 16, 2018$ / sharesshares | Feb. 02, 2018$ / sharesshares | Jan. 18, 2018$ / sharesshares | Jan. 11, 2018$ / sharesshares | Dec. 27, 2017USD ($)$ / sharesshares | Dec. 21, 2017$ / sharesshares | Dec. 04, 2017USD ($)$ / sharesshares | Nov. 29, 2017USD ($)shares | Nov. 27, 2017USD ($)$ / sharesshares | Sep. 28, 2017USD ($)$ / sharesshares | Aug. 29, 2017$ / sharesshares | Aug. 11, 2017$ / sharesshares | Jun. 01, 2017$ / sharesshares | May 31, 2017USD ($)$ / sharesshares | May 22, 2017USD ($)shares | May 16, 2017$ / sharesshares | May 11, 2017USD ($)shares | May 01, 2017USD ($)$ / sharesshares | Mar. 31, 2017$ / sharesshares | Mar. 23, 2017shares | Mar. 07, 2017USD ($)$ / sharesshares | Mar. 03, 2017USD ($)$ / sharesshares | Mar. 01, 2017USD ($)$ / sharesshares | Feb. 15, 2017USD ($)shares | Nov. 11, 2016shares | Oct. 28, 2016shares | Oct. 13, 2016USD ($)$ / sharesshares | Mar. 18, 2015 | Nov. 30, 2017shares | Apr. 30, 2017USD ($)shares | Jan. 31, 2017USD ($)shares | Dec. 31, 2016USD ($)shares | Mar. 31, 2018$ / sharesshares | Feb. 28, 2018USD ($)$ / sharesshares | Feb. 28, 2017USD ($) | Feb. 28, 2018USD ($)$ / sharesshares | Feb. 28, 2017USD ($) | May 31, 2017USD ($)$ / sharesshares | Aug. 28, 2017$ / shares | Apr. 28, 2017$ / shares | Apr. 27, 2017USD ($)shares | Aug. 31, 2016USD ($) | Mar. 17, 2014shares |
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 | $ 0.0001 | $ 0.0001 | $ 0.0001 | $ 0.001 | |||||||||||||||||||||||||||||||||||||||
Preferred Stock, Shares Authorized | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Shares Issued | 0 | 4,000,000 | 4,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
Common Stock, Shares Authorized | 600,000,000 | 600,000,000 | 600,000,000 | 600,000,000 | 100,000,000 | |||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 150,000 | 200,000 | 160,000 | 50,000 | 210,000 | 1,220,000 | ||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 88,500 | $ 18,600 | ||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 55,000 | $ 192,445 | $ 954,775 | |||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 175,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.25 | $ 1.25 | ||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | 3,182,162 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 30,000 | 60,606 | ||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Conversion of Convertible Securities | $ | $ 15,000 | |||||||||||||||||||||||||||||||||||||||||||
Share Price | $ / shares | $ 124,000 | $ 112,000 | ||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Warrants Exercise | 2,370,318 | |||||||||||||||||||||||||||||||||||||||||||
Gain (Loss) on Extinguishment of Debt | $ | $ (138,228) | $ (101,223) | $ (120,580) | |||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Payment Forbearance | 102,664 | |||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Shares Outstanding | 0 | 4,000,000 | 4,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||
Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 200,000 | |||||||||||||||||||||||||||||||||||||||||||
Minimum [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||||||||||||||||||||||||
Maximum [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||||||||||||||||||||||||
Law Firm [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 100,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 128,000 | |||||||||||||||||||||||||||||||||||||||||||
The 10% Secured Convertible Promissory Notes [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||
Warrants Issued in Connection with AIP Financing [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | $ 1 | $ 0.80 | |||||||||||||||||||||||||||||||||||||||||
Employee [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 310,000 | |||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 179,800 | |||||||||||||||||||||||||||||||||||||||||||
AIP Note Purchase Agreement [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Monetary Penalty | 150,001 | |||||||||||||||||||||||||||||||||||||||||||
AIP [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 650,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, For Extending Date to File Registration Statement | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||
LS and SBI [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Extending Debt | 400,000 | |||||||||||||||||||||||||||||||||||||||||||
LS and SBI [Member] | Minimum [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 0.60 | |||||||||||||||||||||||||||||||||||||||||||
LS and SBI [Member] | Maximum [Member] | Subsequent Event [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 0.87 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 50,000 | |||||||||||||||||||||||||||||||||||||||||||
Cashless Exercise of Warrants in Shares | 447,552 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 104,796 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock [Member] | Interest Expense [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Values, Inducement | $ | $ 62,500 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Conversion of Convertible Securities | $ | $ 79,454 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock [Member] | Employee [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period | 44,403 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock [Member] | Noteholder [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Inducement | 15,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Values, Inducement | $ | $ 14,398 | |||||||||||||||||||||||||||||||||||||||||||
Common Stock [Member] | Investor [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Inducement | 20,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Values, Inducement | $ | $ 14,400 | |||||||||||||||||||||||||||||||||||||||||||
Warrant [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | 831,168 | |||||||||||||||||||||||||||||||||||||||||||
Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 56,465 | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 103,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 50,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | |||||||||||||||||||||||||||||||||||||||||||
Convertible Promissory Note [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 50,000 | 20,000 | ||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 150,000 | $ 77,000 | ||||||||||||||||||||||||||||||||||||||||||
The 10% Secured Convertible Promissory Notes [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||
The 9% Convertible Promissory Notes [Member] | Private Placement [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 899,999 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 1,279,998 | |||||||||||||||||||||||||||||||||||||||||||
10% Promissory Note Due March 31, 2017 [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | 169,886 | 169,886 | ||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | 10.00% | 10.00% | 10.00% | ||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 100,000 | $ 100,000 | $ 150,000 | |||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 25,000 | 100,000 | 100,000 | 100,000 | ||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | 3 years | 3 years | 3 years | ||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | $ 0.60 | $ 1 | $ 0.60 | $ 0.60 | |||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right Exercised in Period | 831,168 | |||||||||||||||||||||||||||||||||||||||||||
Two Consulting Firms [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 400,000 | |||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 0.67 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 268,000 | |||||||||||||||||||||||||||||||||||||||||||
Two Vendors [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 208,596 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, New Issues | $ | $ 253,003 | |||||||||||||||||||||||||||||||||||||||||||
Accredited Investors [Member] | Common Stock [Member] | Private Placement [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 2,050,002 | |||||||||||||||||||||||||||||||||||||||||||
Proceeds from Issuance of Common Stock | $ | $ 1,230,000 | |||||||||||||||||||||||||||||||||||||||||||
Accredited Investors [Member] | Warrant [Member] | Private Placement [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,050,002 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | |||||||||||||||||||||||||||||||||||||||||||
Accredited Investors [Member] | 10% Promissory Note Due March 31, 2017 [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | 169,886 | |||||||||||||||||||||||||||||||||||||||||||
Accredited Investors [Member] | 10% Promissory Note Due March 31, 2017 [Member] | Warrant [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | 169,886 | |||||||||||||||||||||||||||||||||||||||||||
Consultant [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 60,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 60,300 | |||||||||||||||||||||||||||||||||||||||||||
Two Noteholders [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 400,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, New Issues | $ | $ 348,000 | |||||||||||||||||||||||||||||||||||||||||||
Three Consultants [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 550,000 | |||||||||||||||||||||||||||||||||||||||||||
Three Consultants [Member] | Minimum [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 0.65 | |||||||||||||||||||||||||||||||||||||||||||
Three Consultants [Member] | Maximum [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 1.30 | |||||||||||||||||||||||||||||||||||||||||||
Vendor [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Settlement of Accounts Payable | 337,410 | |||||||||||||||||||||||||||||||||||||||||||
Settlement of Accounts Payable | $ | $ 202,446 | |||||||||||||||||||||||||||||||||||||||||||
L2 [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Conversion of Convertible Securities | 101,010 | |||||||||||||||||||||||||||||||||||||||||||
L2 [Member] | The 9% Convertible Promissory Notes [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 0.87 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Conversion of Convertible Securities | $ | $ 25,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Extending Debt | 200,000 | |||||||||||||||||||||||||||||||||||||||||||
Reverse Stock Split [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stockholders' Equity Note, Stock Split, Conversion Ratio | 30 | |||||||||||||||||||||||||||||||||||||||||||
The 4% Series A Convertible Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Dividend Rate, Percentage | 4.00% | |||||||||||||||||||||||||||||||||||||||||||
Dividends | $ | $ 100,000 | |||||||||||||||||||||||||||||||||||||||||||
Convertible Preferred Stock, Stated Value | $ / shares | $ 1.50 | |||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Liquidation Preference Per Share | $ / shares | $ 1.50 | $ 1.50 | ||||||||||||||||||||||||||||||||||||||||||
AIP Note Purchase Agreement [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | 150,001 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 | |||||||||||||||||||||||||||||||||||||||||||
Other Noncash Expense | $ | $ 594,583 | |||||||||||||||||||||||||||||||||||||||||||
AIP Note Purchase Agreement [Member] | The 10% Secured Convertible Promissory Notes [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,500,000 | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||||||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 | |||||||||||||||||||||||||||||||||||||||||||
Consulting Agreement [Member] | Consultant [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 25,000 | |||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 16,250 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Issued for Services | $ | $ 15,000 | |||||||||||||||||||||||||||||||||||||||||||
Consulting Agreement [Member] | Governance Box, Inc [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Issued for Services | 160,000 | |||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 104,000 | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, Acquisitions | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Value, Acquisitions | $ | $ 5,120,000 | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Convertible Promissory Note [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Face Amount | $ | $ 6,000,000 | $ 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | The 4% Series A Convertible Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 | |||||||||||||||||||||||||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 4.00% | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Asset Purchase Agreement [Member] | Common Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Shares Issued, Price Per Share | $ / shares | $ 1.28 | |||||||||||||||||||||||||||||||||||||||||||
Business Acquisition, Anti Dilution Protection, Value of Stock Issued | $ | $ 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Asset Purchase Agreement [Member] | The 4% Series A Convertible Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Conversion of Stock, Shares Converted | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Asset Purchase Agreement [Member] | Common Stock Consideration [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Stock Issued During Period, Shares, New Issues | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||
Business Acquisition, Anti Dilution Protection, Value of Stock Issued | $ | $ 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||
SolBright Renewable Energy, LLC [Member] | Asset Purchase Agreement [Member] | Common Stock Consideration [Member] | The 4% Series A Convertible Preferred Stock [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Par or Stated Value Per Share | $ / shares | $ 0.0001 | |||||||||||||||||||||||||||||||||||||||||||
Preferred Stock, Shares Authorized | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||
Aggregate Indebtedness | $ | $ 6,000,000 |
Note 8 - Stock-based Compensa38
Note 8 - Stock-based Compensation (Details Textual) - USD ($) | Jan. 23, 2018 | Aug. 29, 2017 | Aug. 28, 2017 | Jul. 28, 2017 | May 16, 2017 | May 01, 2017 | Apr. 28, 2017 | Apr. 21, 2017 | Mar. 31, 2017 | Mar. 07, 2017 | Mar. 03, 2017 | Mar. 01, 2017 | Nov. 30, 2017 | May 16, 2017 | May 31, 2017 | Feb. 28, 2018 | Feb. 28, 2018 | Feb. 28, 2016 | May 31, 2017 | Aug. 11, 2017 | Jun. 01, 2017 | Aug. 31, 2016 |
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 0 | 0 | 2,500,000 | |||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Intrinsic Value | $ 0 | $ 0 | ||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ 0.55 | |||||||||||||||||||||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ 1.60 | |||||||||||||||||||||
Share Price | $ 124,000 | $ 112,000 | ||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1.25 | $ 1.25 | ||||||||||||||||||||
Class of Warrant or Right Exercised in Period | 3,182,162 | |||||||||||||||||||||
Cashless Exercise of Warrants, Shares | 2,370,318 | |||||||||||||||||||||
Warrants Issued in Connection with 2017 Common Stock Private Placement [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1 | $ 1 | ||||||||||||||||||||
Class of Warrant or Right Issued in Period | 2,219,888 | |||||||||||||||||||||
Warrants Issued in Connection with AIP Financing [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 2,500,000 | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | $ 0.80 | $ 1 | |||||||||||||||||||
Class of Warrant or Right Issued in Period | 2,500,000 | |||||||||||||||||||||
Warrants Issued on January 23, 2018 [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | |||||||||||||||||||||
Class of Warrant or Right Issued in Period | 300,000 | |||||||||||||||||||||
10% Promissory Note Due March 31, 2017 [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | 3 years | 3 years | 3 years | ||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 6.00% | 10.00% | 10.00% | 10.00% | ||||||||||||||||||
Debt Instrument, Face Amount | $ 100,000 | $ 100,000 | $ 150,000 | |||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 25,000 | 100,000 | 100,000 | 100,000 | ||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1 | $ 0.60 | $ 1 | $ 0.60 | $ 0.60 | $ 0.60 | ||||||||||||||||
Class of Warrant or Right Exercised in Period | 831,168 | |||||||||||||||||||||
Cashless Exercise of Warrants, Shares | 447,552 | |||||||||||||||||||||
Interest Expense, Debt | $ 5,998 | $ 23,990 | ||||||||||||||||||||
Convertible Promissory Note [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||||||||||||||||||||
Debt Instrument, Face Amount | $ 103,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 50,000 | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | |||||||||||||||||||||
Ten Percent Promissory Note Issued March 7, 2017 [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 10.00% | |||||||||||||||||||||
Debt Instrument, Face Amount | $ 100,000 | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 100,000 | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | |||||||||||||||||||||
Nine Percent Convertible Notes Payable [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||
Class of Warrant or Right, Number of Securities Called by Warrants or Rights | 1,279,998 | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | |||||||||||||||||||||
Nine Percent Two Secured Convertible Promissory Notes Issued July 28, 2017 [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | |||||||||||||||||||||
Debt Instrument, Face Amount | $ 70,000 | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 0.60 | |||||||||||||||||||||
Class of Warrant or Right Issued in Period | 233,332 | |||||||||||||||||||||
Conversion Price, Percent of Lowest Trading Price | 60.00% | |||||||||||||||||||||
Secured Convertible Promissory Notes [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ 1 | |||||||||||||||||||||
Class of Warrant or Right Issued in Period | 275,000 | |||||||||||||||||||||
Interest Expense, Debt | $ 65,973 | |||||||||||||||||||||
SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 2,500,000 | |||||||||||||||||||||
Minimum [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 3 years | |||||||||||||||||||||
Minimum [Member] | SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ 1 | |||||||||||||||||||||
Maximum [Member] | ||||||||||||||||||||||
Class of Warrant or Right, Term | 5 years | |||||||||||||||||||||
Maximum [Member] | SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ 2 | |||||||||||||||||||||
The 2017 Plan [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | 2,500,000 | |||||||||||||||||||||
Employee Stock Option [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |||||||||||||||||||||
Employee Stock Option [Member] | SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized | 2,500,000 | |||||||||||||||||||||
Share Price | $ 1.30 | |||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate | 100.05% | |||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate | 2.30% | |||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate | 0.00% | |||||||||||||||||||||
Allocated Share-based Compensation Expense | $ 732,180 | $ 0 | ||||||||||||||||||||
Future Compensation Cost Related to Nonvested | $ 1,138,947 | |||||||||||||||||||||
Employee Stock Option [Member] | Minimum [Member] | SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price | $ 1 | |||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term | 5 years | |||||||||||||||||||||
Employee Stock Option [Member] | Maximum [Member] | SES President [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price | $ 2 | |||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term | 5 years 273 days | |||||||||||||||||||||
Employee Stock Option [Member] | The 2017 Plan [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 10,000,000 | 10,000,000 | ||||||||||||||||||||
Share Based Compensation Arrangement by Share Based Payment Award, Exercisable Period | 10 years | |||||||||||||||||||||
Employee Stock Option [Member] | The 2017 Plan [Member] | Minimum [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 3 years | |||||||||||||||||||||
Employee Stock Option [Member] | The 2017 Plan [Member] | Maximum [Member] | ||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 10 years |
Note 8 - Stock-based Compensa39
Note 8 - Stock-based Compensation - Summary of Stock Option Activity (Details) - $ / shares | 3 Months Ended | 9 Months Ended | 12 Months Ended |
Feb. 28, 2018 | Feb. 28, 2018 | May 31, 2017 | |
Outstanding, beginning balance (in shares) | 7,437,500 | 5,112,500 | |
Outstanding, at beginning (in dollars per share) | $ 1.19 | $ 0.99 | |
Granted (in shares) | 0 | 0 | 2,500,000 |
Granted, weighted average exercise price (in dollars per share) | $ 1.60 | ||
Exercised (in shares) | (175,000) | ||
Exercised, weighted average exercise price (in dollars per share) | $ 1 | ||
Expired or cancelled (in shares) | |||
Expired or cancelled, weighted average exercise price (in dollars per share) | |||
Outstanding, ending balance (in shares) | 7,437,500 | 7,437,500 | 7,437,500 |
Outstanding, at ending (in dollars per share) | $ 1.19 | $ 1.19 | $ 1.19 |
Note 8 - Stock-based Compensa40
Note 8 - Stock-based Compensation - Summary of Information Related to Options by Exercise Price Range (Details) | 9 Months Ended |
Feb. 28, 2018$ / sharesshares | |
Shares outstanding (in shares) | 7,437,500 |
Weighted-average remaining life (Year) | 6 years 10 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 1.19 |
Number exercisable (in shares) | 7,437,500 |
Exercise Price Range One [Member] | |
Range of exercise prices (in dollars per share) | $ / shares | $ 0.60 |
Shares outstanding (in shares) | 2,300,000 |
Weighted-average remaining life (Year) | 3 years 262 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 0.60 |
Number exercisable (in shares) | 2,300,000 |
Exercise Price Range Two [Member] | |
Range of exercise prices (in dollars per share) | $ / shares | $ 1 |
Shares outstanding (in shares) | 1,025,000 |
Weighted-average remaining life (Year) | 4 years 288 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 1 |
Number exercisable (in shares) | 1,025,000 |
Exercise Price Range Three [Member] | |
Range of exercise prices (in dollars per share) | $ / shares | $ 1.20 |
Shares outstanding (in shares) | 1,562,500 |
Weighted-average remaining life (Year) | 6 years 302 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 1.20 |
Number exercisable (in shares) | 1,562,500 |
Exercise Price Range Four [Member] | |
Range of exercise prices (in dollars per share) | $ / shares | $ 1.50 |
Shares outstanding (in shares) | 1,000,000 |
Weighted-average remaining life (Year) | 9 years 62 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 1.50 |
Number exercisable (in shares) | 1,000,000 |
Exercise Price Range Five [Member] | |
Range of exercise prices (in dollars per share) | $ / shares | $ 2 |
Shares outstanding (in shares) | 1,550,000 |
Weighted-average remaining life (Year) | 7 years 164 days |
Weighted-average exercise price (in dollars per share) | $ / shares | $ 2 |
Number exercisable (in shares) | 1,550,000 |
Note 8 - Stock-based Compensa41
Note 8 - Stock-based Compensation - Summary of Warrant Activity (Details) - $ / shares | 1 Months Ended | 9 Months Ended | 12 Months Ended |
Nov. 30, 2017 | Feb. 28, 2018 | May 31, 2017 | |
Exercised (in shares) | (3,182,162) | ||
Outstanding, ending balance (in shares) | 8,035,043 | ||
Outstanding, at ending (in dollars per share) | $ 1.25 | ||
Warrants [Member] | |||
Outstanding, beginning balance (in shares) | 10,474,872 | 5,225,987 | |
Outstanding, at beginning (in dollars per share) | $ 1.20 | $ 1.53 | |
Class of Warrant or Right Issued in Period | 808,332 | 6,249,886 | |
Granted, weighted average exercise price (in dollars per share) | $ 0.74 | $ 0.90 | |
Exercised (in shares) | (3,182,162) | (831,168) | |
Exercised, weighted average exercise price (in dollars per share) | $ 0.91 | $ 0.60 | |
Expired or cancelled (in shares) | (65,999) | (169,833) | |
Expired or cancelled, weighted average exercise price (in dollars per share) | $ 1.20 | $ 3.14 | |
Outstanding, ending balance (in shares) | 8,035,043 | 10,474,872 | |
Outstanding, at ending (in dollars per share) | $ 1.25 | $ 1.20 |
Note 8 - Stock-based Compensa42
Note 8 - Stock-based Compensation - Summary of Information Related to Warrants Outstanding and Exercisable by Exercise Price Range (Details) | 9 Months Ended |
Feb. 28, 2018$ / sharesshares | |
Shares outstanding (in shares) | 8,035,043 |
Weighted-average remaining life (Year) | 1 year 138 days |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.25 |
Number exercisable (in shares) | 8,035,043 |
Exercise Price Range One [Member] | |
Shares outstanding (in shares) | 550,000 |
Weighted-average remaining life (Year) | 2 years 7 days |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 0.60 |
Number exercisable (in shares) | 550,000 |
Exercise Price Range Two [Member] | |
Shares outstanding (in shares) | 2,777,889 |
Weighted-average remaining life (Year) | 2 years 18 days |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1 |
Number exercisable (in shares) | 2,777,889 |
Exercise Price Range Three [Member] | |
Shares outstanding (in shares) | 2,868,823 |
Weighted-average remaining life (Year) | 1 year 182 days |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 1.20 |
Number exercisable (in shares) | 2,868,823 |
Exercise Price Range Four [Member] | |
Shares outstanding (in shares) | 1,838,331 |
Weighted-average remaining life (Year) | 116 days |
Class of Warrant or Right, Exercise Price of Warrants or Rights | $ / shares | $ 2 |
Number exercisable (in shares) | 1,838,331 |
Note 9 - License Agreements (De
Note 9 - License Agreements (Details Textual) - Master Agreement License Of Process And Event Management System [Member] - Tatung [Member] - USD ($) | 3 Months Ended | 9 Months Ended | ||
Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | |
Percentage of Fees for Software Services | 10.00% | |||
License and Services Revenue | $ 0 | $ 0 | $ 0 | $ 14,793 |
Note 10 - Commitments (Details
Note 10 - Commitments (Details Textual) | 1 Months Ended | 9 Months Ended | |
May 31, 2016USD ($) | Feb. 28, 2018USD ($)ft² | Feb. 28, 2017USD ($) | |
Prepaid Expense, Current | $ 7,166 | ||
Operating Leases, Rent Expense, Net | $ 76,533 | $ 43,706 | |
SES [Member] | |||
Area of Real Estate Property | ft² | 1,850 | ||
Average Annual Rent Payment | $ 57,300 | ||
Lessee, Operating Lease, Term of Contract | 5 years 120 days | ||
Lessee Leasing Arrangements, Operating Leases, Monthly Base Rent Payment For Ten Months After the First Two Months | $ 5,176 | ||
Lessee Leasing Arrangements, Operating Leases, Monthly Base Rent Payment Between the Sixty-One and Sixty-Four Months | $ 6,000 |
Note 10 - Commitments - Future
Note 10 - Commitments - Future Minimum Rental Commitments (Details) | Nov. 30, 2017USD ($) |
2,018 | $ 114,178 |
2,019 | 67,542 |
2,020 | 69,562 |
2,021 | 35,650 |
2,022 | |
Thereafter | |
$ 286,932 |
Note 11 - Concentrations of C46
Note 11 - Concentrations of Credit Risk (Details Textual) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | May 31, 2017 | |
Number of Financial Institutions | 2 | 2 | |||
Sales Revenue, Net [Member] | Customer Concentration Risk [Member] | |||||
Number of Major Customers | 2 | 2 | 2 | 2 | |
Concentration Risk, Percentage | 76.00% | 88.00% | 85.00% | 68.00% | |
Accounts Receivable [Member] | Customer Concentration Risk [Member] | |||||
Number of Major Customers | 2 | 2 | |||
Concentration Risk, Percentage | 83.00% | 91.00% |
Note 11 - Concentrations of C47
Note 11 - Concentrations of Credit Risk - Concentrations of Credit Risk (Details) - Customer Concentration Risk [Member] | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||
Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | May 31, 2017 | |
Sales Revenue, Net [Member] | |||||
Concentration risk, percentage | 76.00% | 88.00% | 85.00% | 68.00% | |
Sales Revenue, Net [Member] | Customer One [Member] | |||||
Concentration risk, percentage | 48.00% | 88.00% | 67.00% | 22.00% | |
Sales Revenue, Net [Member] | Customer Two [Member] | |||||
Concentration risk, percentage | 28.00% | 18.00% | 46.00% | ||
Accounts Receivable [Member] | |||||
Concentration risk, percentage | 83.00% | 91.00% | |||
Accounts Receivable [Member] | Customer One [Member] | |||||
Concentration risk, percentage | 43.00% | 50.00% | |||
Accounts Receivable [Member] | Customer Two [Member] | |||||
Concentration risk, percentage | 40.00% | 41.00% |
Note 13 - Business Segment In48
Note 13 - Business Segment Information (Details Textual) | 9 Months Ended |
Feb. 28, 2018 | |
Number of Operating Segments | 2 |
Note 13 - Business Segment In49
Note 13 - Business Segment Information - Operating Results for Business Segments (Details) - USD ($) | 3 Months Ended | 9 Months Ended | |||
Feb. 28, 2018 | Feb. 28, 2017 | Feb. 28, 2018 | Feb. 28, 2017 | May 31, 2017 | |
Revenue | $ 2,496,544 | $ 263,800 | $ 11,065,685 | $ 1,077,963 | |
Cost of Sales | 1,568,508 | 51,360 | 9,753,573 | 690,125 | |
Gross Profit (Loss) | 928,036 | 212,440 | 1,312,112 | 387,838 | |
Operating Expenses | 1,537,499 | 319,716 | 4,665,572 | 1,276,374 | |
Operating Income (Loss) | (609,463) | (107,276) | (3,353,460) | (888,536) | |
Other income (expenses) | (1,832,245) | (163,702) | (5,793,436) | (166,777) | |
Loss before income taxes | (2,441,708) | (270,978) | (9,146,896) | (1,055,313) | |
February 28, 2018 | 18,878,724 | 18,878,724 | $ 19,015,678 | ||
Arkados [Member] | |||||
Revenue | 2,845 | (10,299) | 2,845 | 78,648 | |
Cost of Sales | 3,632 | 3,632 | |||
Gross Profit (Loss) | (787) | (10,299) | (787) | 78,648 | |
Operating Expenses | 75,163 | 165,320 | 438,398 | 433,924 | |
Operating Income (Loss) | (75,950) | (175,619) | (439,185) | (355,276) | |
Other income (expenses) | 17,648 | (101,223) | (30,640) | ||
Loss before income taxes | (75,950) | (157,971) | (540,408) | (385,916) | |
February 28, 2018 | 452,950 | 452,950 | 657,885 | ||
SES [Member] | |||||
Revenue | 2,493,699 | 274,099 | 11,062,840 | 999,315 | |
Cost of Sales | 1,564,876 | 51,360 | 9,749,941 | 690,125 | |
Gross Profit (Loss) | 928,823 | 222,739 | 1,312,899 | 309,190 | |
Operating Expenses | 679,689 | 120,319 | 2,135,881 | 423,880 | |
Operating Income (Loss) | 249,134 | 102,420 | (822,982) | (114,690) | |
Other income (expenses) | (155,876) | (12,363) | |||
Loss before income taxes | 249,134 | (53,456) | (822,982) | (127,053) | |
February 28, 2018 | 18,425,774 | 18,425,774 | $ 18,357,793 | ||
Corporate and Other [Member] | |||||
Revenue | |||||
Cost of Sales | |||||
Gross Profit (Loss) | |||||
Operating Expenses | 782,647 | 34,077 | 2,091,293 | 418,570 | |
Operating Income (Loss) | (782,647) | (34,077) | (2,091,293) | (418,570) | |
Other income (expenses) | (1,832,245) | (25,474) | (5,692,213) | (123,774) | |
Loss before income taxes | $ (2,614,892) | $ (59,551) | $ (7,783,506) | $ (542,344) |
Note 14 - Subsequent Events (De
Note 14 - Subsequent Events (Details Textual) - Subsequent Event [Member] - USD ($) | Apr. 02, 2018 | Mar. 09, 2018 |
Stock Issued During Period, Shares, New Issues | 200,000 | |
SBI [Member] | Warrants Issued in Connection with Note One [Member] | ||
Class of Warrant or Right Issued in Period | 29,464 | |
Class of Warrant or Right, Term | 5 years | |
L2 [Member] | Warrants Issued in Connection with Note Two [Member] | ||
Class of Warrant or Right Issued in Period | 29,464 | |
Class of Warrant or Right, Term | 5 years | |
Note One [Member] | SBI [Member] | ||
Debt Instrument, Face Amount | $ 115,000 | |
Debt Instrument, Unamortized Discount | $ 15,000 | |
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | |
Debt Instrument, Term | 180 days | |
Note Two [Member] | L2 [Member] | ||
Debt Instrument, Face Amount | $ 120,000 | |
Debt Instrument, Unamortized Discount | $ 15,000 | |
Debt Instrument, Interest Rate, Stated Percentage | 9.00% | |
Debt Instrument, Term | 180 days | |
Debt Issuance Costs, Gross | $ 5,000 |