Document and Entity Information
Document and Entity Information - shares | 3 Months Ended | |
Jan. 31, 2018 | Mar. 15, 2018 | |
Document And Entity Information | ||
Entity Registrant Name | Skkynet Cloud Systems, Inc. | |
Entity Central Index Key | 1,546,853 | |
Document Type | 10-Q | |
Document Period End Date | Jan. 31, 2018 | |
Amendment Flag | false | |
Current Fiscal Year End Date | --10-31 | |
Entity a Well-known Seasoned Issuer | No | |
Entity a Voluntary Filer | No | |
Entity's Reporting Status Current | Yes | |
Entity Filer Category | Smaller Reporting Company | |
Entity Common Stock, Shares Outstanding | 51,317,950 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2,018 |
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS - USD ($) | Jan. 31, 2018 | Oct. 31, 2017 |
Current Assets: | ||
Cash and cash equivalents | $ 585,349 | $ 582,671 |
Accounts receivable | 171,999 | 147,174 |
Inventory | 2,735 | 2,634 |
Prepaid | 51,220 | 19,528 |
Total current assets | 811,303 | 752,007 |
Property and equipment, net of accumulated depreciation of $77,516 and $78,807 respectively | 5,021 | 961 |
Other assets | 11,884 | 5,996 |
Total Assets | 828,208 | 758,964 |
Current Liabilities: | ||
Accounts payable and accrued expenses | 76,174 | 56,653 |
Accrued liabilities - related party | 30,885 | 29,987 |
Deferred revenue | 114,480 | 103,204 |
Total current liabilities | 221,539 | 189,844 |
Total liabilities | 221,539 | 189,844 |
Stockholders' Equity: | ||
Preferred stock value | 5 | 5 |
Common stock; $0.001 par value, 70,000,000 shares authorized, 51,317,950 and 51,287,266 shares issued and outstanding, respectively | 51,318 | 51,288 |
Additional paid-in capital | 5,411,129 | 5,240,833 |
Accumulative other comprehensive loss | (24,162) | (60,487) |
Accumulated deficit | (5,025,282) | (4,856,180) |
Total shareholders' equity | 606,669 | 569,120 |
Total Liabilities and Stockholders' Equity | 828,208 | 758,964 |
Series B Preferred Stock [Member] | ||
Stockholders' Equity: | ||
Preferred stock value | $ 193,661 | $ 193,661 |
CONSOLIDATED BALANCE SHEETS (Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) | Jan. 31, 2018 | Oct. 31, 2017 |
ASSETS | ||
Property and equipment, Accumulated depreciation | $ 77,516 | $ 78,807 |
Stockholders' Deficit: | ||
Preferred stock, Par value | $ 0.001 | $ 0.001 |
Preferred stock, Authorized | 5,000,000 | 5,000,000 |
Preferred stock, Issued | 5,000 | 5,000 |
Preferred stock, Outstanding | 5,000 | 5,000 |
Common stock, Par value | $ 0.001 | $ 0.001 |
Common stock, Authorized | 70,000,000 | 70,000,000 |
Common stock, Issued | 51,317,950 | 51,287,266 |
Common stock, Outstanding | 51,317,950 | 51,287,266 |
Series B Preferred Stock [Member] | ||
Stockholders' Deficit: | ||
Preferred stock, Par value | $ 0.001 | $ 0.001 |
Preferred stock, Authorized | 500,000 | 500,000 |
Preferred stock, Issued | 193,661 | 193,661 |
Preferred stock, Outstanding | 193,661 | 193,661 |
CONSOLIDATED STATEMENTS OF OPER
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($) | 3 Months Ended | |
Jan. 31, 2018 | Jan. 31, 2017 | |
Consolidated Statements Of Operations And Comprehensive Loss | ||
Revenue | $ 382,879 | $ 285,486 |
Direct material costs | 13,401 | 10,448 |
Gross Profit | 369,478 | 275,038 |
Operating Expenses: | ||
General & administrative | 517,809 | 516,603 |
Depreciation and amortization | 126 | 170 |
Loss from operations | (148,457) | (241,735) |
Other Income (Expenses): | ||
Currency exchange | (20,645) | (4,490) |
Total other income (expenses) | (20,645) | (4,490) |
Net loss | (169,102) | (246,225) |
Preferred dividends | (2,905) | (2,905) |
Net loss to common shareholders | (172,007) | (249,130) |
Foreign currency translation adjustment | 36,325 | 320 |
Comprehensive (loss) | $ (135,682) | $ (248,810) |
Net loss per common share attributable to common stockholders (basic and diluted) | $ 0 | $ 0 |
Weighted average common shares outstanding (basic and diluted): | 51,287,266 | 50,931,266 |
CONSOLDIATED STATEMENTS OF CASH
CONSOLDIATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) | 3 Months Ended | |
Jan. 31, 2018 | Jan. 31, 2017 | |
CASH FLOWS FROM OPERATING ACTIVITIES | ||
Net loss | $ (169,102) | $ (246,225) |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
Depreciation and amortization expense | 126 | 170 |
Option based compensation | 102,912 | 123,976 |
Changes in operating assets and liabilities: | ||
Accounts receivable | (24,825) | (43,869) |
Accounts payable and accrued expenses | 19,521 | 643 |
Inventory | (101) | 126 |
Accrued liabilities related parties | 68,312 | 76,644 |
Prepaid and other assets | (37,580) | 2,319 |
Deferred income | 11,276 | (13,930) |
NET CASH (USED IN) OPERATING ACTIVITIES | (29,461) | (100,146) |
Effect of exchange rate changes on cash | 32,139 | 3 |
Net increase (decrease) in cash | 2,678 | (100,143) |
Cash, beginning of period | 582,671 | 266,860 |
Cash end of period | 585,349 | 166,717 |
SUPPLEMENTAL CASH FLOWS INFORMATION | ||
Interest paid | ||
Income taxes paid | ||
NON-MONETARY TRANSACTIONS | ||
Conversion of accrued compensation to equity- related parties | $ 67,414 |
ORGANIZATION AND BASIS OF PRESE
ORGANIZATION AND BASIS OF PRESENTATION | 3 Months Ended |
Jan. 31, 2018 | |
Notes to Financial Statements | |
Note 1 - ORGANIZATION AND BASIS OF PRESENTATION | Skkynet Cloud Systems, Inc. (Skkynet or the Company) is a Nevada corporation formed on August 31, 2011 and headquartered in Toronto, Canada. Skkynet operates its business through its wholly-owned subsidiaries Cogent Real-Time Systems, Inc. (Cogent), Skkynet Corp. (Canada), Skkynet, Inc. (USA) and Skkynet Japan 株式会社 (Ltd.) (Japan). Skkynet was formed primarily for the purpose of taking the existing business lines of Cogent and its current and future customers and integrating these businesses with Cloud based systems. We also intend to expand the areas of business activity to which the kinds of products and services we provide are applied. On November 1, 2014, the Company acquired Skkynet Japan Ltd. (formerly NiC Corporation) as a wholly owned subsidiary. On February 1, 2015, the Company formed a wholly owned US subsidiary Skkynet, Inc., and a wholly owned Canadian subsidiary Skkynet Corp. On July 30, 2015, the Company designated 500,000 shares of the preferred stock as Series B Convertible preferred. The Series B shares have a par value of $0.001 and issue value of $1.00 per share. The series B is convertible by the holder into common stock at $1.35 per share. The Company may, any time at its option, redeem the Series B shares at their stated value. The Series B preferred shares hold a 6% per annum cumulative dividend. On July 30, 2015, the Company issued 193,661 shares of Series B convertible preferred stock to three related parties in exchange for the outstanding notes payable and accrued interest of $193,661. Dividends are not paid. The Company has recognized $2,905 in Series B dividends which increases the loss to common shareholders from $169,102 to $172,007 for the three month period ended January 31, 2018. As of January 31, 2018, the aggregate arrearages in cumulative preferred dividends was approximately $29,050 equating to $0.15 per share The accompanying unaudited interim financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules of the Securities and Exchange Commission (the SEC), and should be read in conjunction with the audited financial statements and notes thereto contained in the Companys October 31, 2017 Annual Report filed with the SEC on Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the financial statements which would substantially duplicate the disclosure contained in the audited financial statements for the most recent fiscal year end October 31, 2017 as reported on Form 10-K, have been omitted. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 3 Months Ended |
Jan. 31, 2018 | |
Notes to Financial Statements | |
NOTE 2 - RELATED PARTY TRANSACTIONS | On January 1, 2012 and April 15, 2012, the Company and its subsidiary Cogent entered into employment agreements with four of its officers and directors. As a result of these agreements the Company has accrued compensation for each of the individuals. In addition, the Company is accruing director compensation at the rate of $2,500 per director per month. As of January 31, 2018, the accrued liability for compensation was $30,885. On January 11, 2018 the Company modified the conversion price of 815,000 options which had been granted to Vice President of Marketing and Sales on August 22, 2014. The modification extended the options for 10 years, reduced the conversion price per option from $1.20 to $0.40 per share and increased the fair value of the options by $3,720 to be amortized over the term of the option with no changes to the vesting of the options. On January 31, 2018, the Officers and directors of the Company elected to forgo their accrued compensation for the quarter ended January 31, 2018 in exchange for shares of common stock and options. The $67,414 of accrued compensation was exchanged for 138,000 options granted with a value of $55,114 and 30,750 shares of common stock was exchanged for $12,300 of accrued compensation Accrued compensation Options Issued for accrued compensation Common stock issued for accrued compensation Andrew Thomas $ 17,424 43,600 -- Paul Benford $ 11,345 28,400 -- Paul Thomas $ 11,345 28,400 -- Lowell Holden $ 4,800 -- 12,000 All three directors $ 22,500 37,600 18,750 Total $ 67,414 138,000 30,750 As of January 31, 2018, and October 31, 2017, the Company had the following outstanding accrued liabilities due to related parties: As of January 31, 2018 October 31, 2017 Accrued Commissions $ 30,885 $ 29,987 Total accrued liabilities and accrued expense $ 30,885 $ 29,987 On October 31, 2017, the Officers and directors of the Company elected to forgo their accrued compensation for the fiscal year ended 2017 in exchange for shares of common stock and options. The $204,180 of accrued compensation was exchanged for 510,400 options granted with a value of $204,180 and 123,000 shares of common stock was exchanged for $49,200 of accrued compensation. |
EQUITY
EQUITY | 3 Months Ended |
Jan. 31, 2018 | |
Notes to Financial Statements | |
NOTE 3 - EQUITY | On January 31, 2018, the Company issued 30,750 shares of common stock at $0.40 per share to an officer and director of the Company for their conversion of accrued compensation to equity with a fair value of $12,300. |
OPTIONS
OPTIONS | 3 Months Ended |
Jan. 31, 2018 | |
Notes to Financial Statements | |
NOTE 4 - OPTIONS | The Company, under its 2012 Stock Option Plan, issues options to various officers, directors, and consultants. The options vest in equal annual installments over a five year period with the first 20% vested when the options are granted. All of the options are exercisable at a purchase price based on the last trading price of the Companys common stock. On April 7, 2017, the Company issued 74,500 options with an exercise price of $0.50 to one employee for the reduction of $36,604 of accrued commissions (CDN $94,404 to CDN $44,404). The options have a fair value using the Black Sholes valuation of $36,604, with computed volatility of 130.12% and a discount rate of 2.25. The options were vested upon issuance. On April 7, 2017, the Company issued 418,200 options with an exercise price of $0.50 per share to 13 officers, employees and consultants of the Company. The options vest in equal annual installments over a five-year period with the first 20% vested when the options were granted. Computed volatility of 195.43% and a discount rate of 2.25 were used in calculating the fair value of the options of $207,887. On October 31, 2017, the Company issued 7,500 options to three directors with exercise price of $0.40 per share. 20% of the option will vest immediately, the additional 20% to vest on October 31 of each successive year. Computed volatility of 159.26% and a discount rate of 2.25% were used in calculating the fair value of the option of $2,968. On October 31, 2017, the Company issued 510,400 options with exercise price of $0.001 for accrued compensation contributed to capital. The options have a fair value using the Black Sholes valuation of $204,180 with computed volatility of $174.03% and a discount rate of 2.25. The options were vested upon issuance. On January 11, 2018, the Company modified the conversion price of 815,000 options which had been granted to Vice President of Marketing and Sales on August 22, 2014. The modification extended the term of the options 10 years, reduced the conversion price per option from $1.20 to $0.40 per share and increased the fair value of the options by $3,720 to be amortized over the term of the option with no changes to the vesting of the options. On January 31, 2018, the Company issued 138,000 options to five directors and officers with exercise price of $0.001 for accrued compensation contributed to capital. The options have a fair value using the Black Sholes valuation of $55,114 with computed volatility of 206% and a discount rate of 2.72%. The options were vested upon issuance. The Company has elected to expense the options over the life of the option as stock based compensation. The expense is calculated with a Black Scholes model to reach the fair value over the length of each option. The total value calculated for option expense is $2,675,243. During the three month period ended January 31, 2018, the Company expensed $102,912 for options. The unrecognized future balance to be expensed over the term of the options is $1,003,457. The following sets forth the options granted and outstanding as of January 31, 2018: Options Weighted Average Exercise price Weighted Average Remaining Contract Life Granted Options Exercisable Intrinsic value Outstanding at October 31, 2017 7,223,800 0.40 4.77 5,518,640 1,401,820 Granted 138,000 0.00 10.0 -- -- Exercised -- -- -- -- -- Forfeited/Expired by termination -- -- -- -- -- Outstanding at January 31, 2018 7,361,800 0.40 5.79 5,923,740 1,456,882 |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 3 Months Ended |
Jan. 31, 2018 | |
Notes to Financial Statements | |
NOTE 5 - COMMITMENTS AND CONTINGENCIES | The Company leases office space located at 2233 Argentia Road Suite 306 Mississauga, Ontario Canada L5N 2X7. During May 2017, the Company signed a new 5 year lease for the Companys office being effective on August 1, 2017 through July 31, 2022. The lease is for approximately 2,210 square feet of office space with a gross monthly rental cost including common area charges of $4,097. The yearly rental obligations including the lease agreements are as follows: Fiscal Year 2018 $ 36,973 2019 $ 49,164 2020 $ 49,164 2021 $ 49,164 2022 $ 36,873 Total $ 221,338 |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 3 Months Ended |
Jan. 31, 2018 | |
Related Party Transactions Tables | |
Contribution to capital | Accrued compensation Options Issued for accrued compensation Common stock issued for accrued compensation Andrew Thomas $ 17,424 43,600 -- Paul Benford $ 11,345 28,400 -- Paul Thomas $ 11,345 28,400 -- Lowell Holden $ 4,800 -- 12,000 All three directors $ 22,500 37,600 18,750 Total $ 67,414 138,000 30,750 |
Outstanding accrued liabilities due to related parties | As of January 31, 2018 October 31, 2017 Accrued Commissions $ 30,885 $ 29,987 Total accrued liabilities and accrued expense $ 30,885 $ 29,987 |
OPTIONS (Tables)
OPTIONS (Tables) | 3 Months Ended |
Jan. 31, 2018 | |
Options Tables | |
Options granted and outstanding | Options Weighted Average Exercise price Weighted Average Remaining Contract Life Granted Options Exercisable Intrinsic value Outstanding at October 31, 2017 7,223,800 0.40 4.77 5,518,640 1,401,820 Granted 138,000 0.00 10.0 -- -- Exercised -- -- -- -- -- Forfeited/Expired by termination -- -- -- -- -- Outstanding at January 31, 2018 7,361,800 0.40 5.79 5,923,740 1,456,882 |
COMMITMENTS AND CONTINGENCIES (
COMMITMENTS AND CONTINGENCIES (Tables) | 3 Months Ended |
Jan. 31, 2018 | |
Commitments And Contingencies Tables | |
Lease obligations | Fiscal Year 2018 $ 36,973 2019 $ 49,164 2020 $ 49,164 2021 $ 49,164 2022 $ 36,873 Total $ 221,338 |
ORGANIZATION AND BASIS OF PRE14
ORGANIZATION AND BASIS OF PRESENTATION (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | |
Jul. 30, 2015 | Jan. 31, 2018 | Jan. 31, 2017 | |
Organization And Basis Of Presentation Details Narrative | |||
State or country of incorporation | Nevada | ||
Incorporation date | Aug. 31, 2011 | ||
Series B Preferred convertible stock, Par value | $ 0.001 | ||
Series B Preferred convertible stock, Shares designated | 500,000 | ||
Series B Preferred convertible stock, Issued | 193,661 | ||
Sale of stock price per share | $ 1 | ||
Conversion price | $ 1.35 | ||
Series B convertible preferred stock, Dividend percentage | 6.00% | ||
Notes payable and accrued interest | $ 193,661 | ||
Net loss | $ (169,102) | $ (246,225) | |
Net loss to common shareholders | (172,007) | (249,130) | |
Preferred dividends | 2,905 | $ 2,905 | |
Aggregate cumulative preferred dividend | $ 29,050 | ||
Aggregate cumulative preferred dividend, per share | $ 0.15 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details) | Jan. 31, 2018USD ($) |
Accrued compensation | $ 67,414 |
Options Issued for accrued compensation | 138,000 |
Common stock issued for accrued compensation | 30,750 |
Andrew Thomas [Member] | |
Accrued compensation | 17,424 |
Options Issued for accrued compensation | 43,600 |
Common stock issued for accrued compensation | |
Paul Benford [Member] | |
Accrued compensation | 11,345 |
Options Issued for accrued compensation | 28,400 |
Common stock issued for accrued compensation | |
Paul Thomas [Member] | |
Accrued compensation | 11,345 |
Options Issued for accrued compensation | 28,400 |
Common stock issued for accrued compensation | |
Lowell Holden [Member] | |
Accrued compensation | 4,800 |
Options Issued for accrued compensation | |
Common stock issued for accrued compensation | 12,000 |
All three directors [Member] | |
Accrued compensation | 22,500 |
Options Issued for accrued compensation | 37,600 |
Common stock issued for accrued compensation | $ 18,750 |
RELATED PARTY TRANSACTIONS (D16
RELATED PARTY TRANSACTIONS (Details 1) - USD ($) | Jan. 31, 2018 | Oct. 31, 2017 |
Related Party Transactions Details 1 | ||
Accrued Commissions | $ 30,885 | $ 29,987 |
Total accrued liabilities and accrued expense | $ 30,885 | $ 29,987 |
RELATED PARTY TRANSACTIONS (D17
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) | Jan. 11, 2018 | Jan. 31, 2018 | Oct. 31, 2017 | Aug. 22, 2014 |
Accrued compensation per month | $ 2,500 | |||
Accrued liabilities - related party | 30,885 | $ 29,987 | ||
Total Accrued compensation | $ 67,414 | $ 204,180 | ||
Options Issued for accrued compensation | 138,000 | 510,400 | ||
Common stock issued for accrued compensation | 30,750 | 123,000 | ||
Granted value | $ 55,114 | $ 204,180 | ||
Accrued compensation | $ 12,300 | $ 49,200 | ||
Vice President [Member] | ||||
Increase in fair value of the option | $ 3,720 | |||
Options granted for upon conversion | 815,000 | |||
Conversion price per option | $ 1.20 | $ 0.40 | ||
Option extended term period | 10 years |
EQUITY (Details Narrative)
EQUITY (Details Narrative) - USD ($) | Jan. 31, 2018 | Oct. 31, 2017 |
Common stock, Issued | 51,317,950 | 51,287,266 |
Common stock, Par value | $ 0.001 | $ 0.001 |
Director [Member] | ||
Common stock, Issued | 30,750 | |
Common stock, Par value | $ 0.40 | |
Accrued compensation | $ 12,300 |
OPTIONS (Details)
OPTIONS (Details) | 3 Months Ended |
Jan. 31, 2018USD ($)$ / sharesshares | |
Stock Options | |
Shares outstanding | 7,223,800 |
Shares granted | 138,000 |
Shares exercised | |
SharesForfeited | |
Shares outstanding | 7,361,800 |
Weighted Average Exercise Price | |
Weighted average exercise price of share outstanding | $ / shares | $ 0.40 |
Weighted average exercise price of share granted | $ / shares | 0 |
Weighted average exercise price of share exercised | $ / shares | |
Weighted average exercise price of share Forfeited by termination | $ / shares | |
Weighted average exercise price of share outstanding | $ / shares | $ 0.40 |
Weighted Average Remaining Contractual Terms | |
Weighted average remaining contractual terms of share outstanding | 4 years 9 months 7 days |
Weighted average remaining contractual terms of share granted | 10 years |
Weighted average remaining contractual terms of share outstanding | 5 years 9 months 14 days |
Shares outstanding | 5,518,640 |
Shares granted | |
Shares exercised | |
Shares outstanding | 5,923,740 |
Intrinsic Value | |
Aggregate intrinsic value of share outstanding | $ | $ 1,401,820 |
Aggregate intrinsic value of share outstanding | $ | $ 1,456,882 |
OPTIONS (Details Narrative)
OPTIONS (Details Narrative) - USD ($) | Jan. 11, 2018 | Apr. 07, 2017 | Jan. 31, 2018 | Oct. 31, 2017 | Jan. 31, 2018 | Aug. 22, 2014 |
Option vested | 20.00% | |||||
Option expense | $ 2,675,243 | |||||
Total Expense | $ 102,912 | 102,912 | ||||
Unrecognized future balance | $ 1,003,457 | $ 1,003,457 | ||||
Three directors [Member] | ||||||
Options issued | 7,500 | |||||
Exercise price | $ 0.40 | |||||
Option vested | 20.00% | |||||
Computed volatility | 159.26% | |||||
Option discount rate | 2.25% | |||||
Fair value of the option | $ 2,968 | |||||
Related Party Two [Member] | ||||||
Options issued | 418,200 | |||||
Exercise price | $ 0.50 | |||||
Option vested | 20.00% | |||||
Computed volatility | 195.43% | |||||
Option discount rate | 2.25% | |||||
Fair value of the option | $ 207,887 | |||||
Related Party One [Member] | ||||||
Options issued | 74,500 | |||||
Exercise price | $ 0.50 | |||||
Computed volatility | 130.12% | |||||
Option discount rate | 2.25% | |||||
Fair value of the option | $ 36,604 | |||||
Accrued commissions | $ 36,604 | |||||
Two directors [Member] | ||||||
Options issued | 510,400 | |||||
Exercise price | $ 0.001 | |||||
Computed volatility | 174.03% | |||||
Option discount rate | 2.25% | |||||
Fair value of the option | $ 204,180 | |||||
Five Directors And Officers [Member] | ||||||
Options issued | 138,000 | |||||
Exercise price | $ 0.001 | |||||
Computed volatility | 206.00% | |||||
Option discount rate | 2.72% | |||||
Fair value of the option | $ 55,114 | |||||
Vice President [Member] | ||||||
Increase in fair value of the option | $ 3,720 | |||||
Options granted for upon conversion | 815,000 | |||||
Conversion price per option | $ 1.20 | $ 0.40 | ||||
Option extended term period | 10 years |
COMMITMENTS AND CONTINGENCIES21
COMMITMENTS AND CONTINGENCIES (Details) - Lease Agreements [Member] | Jan. 31, 2018USD ($) |
2,018 | $ 36,973 |
2,019 | 49,164 |
2,020 | 49,164 |
2,021 | 49,164 |
2,022 | 36,873 |
Total | $ 221,338 |
COMMITMENTS AND CONTINGENCIES22
COMMITMENTS AND CONTINGENCIES (Details Narrative) - August 1, 2017 through July 31, 2022 [Member] | 1 Months Ended |
May 31, 2017USD ($)Integer | |
Office space lease | Integer | 2,210 |
Monthly rental expense | $ | $ 4,097 |
Lease expiration | Jul. 31, 2022 |
Lease Term | 5 years |