Document And Entity Information
Document And Entity Information | 6 Months Ended |
Feb. 28, 2023 | |
Document Information Line Items | |
Entity Registrant Name | Meta Data Limited |
Document Type | 6-K |
Current Fiscal Year End Date | --08-31 |
Amendment Flag | false |
Entity Central Index Key | 0001722380 |
Document Period End Date | Feb. 28, 2023 |
Document Fiscal Year Focus | 2023 |
Document Fiscal Period Focus | Q2 |
Entity File Number | 001-38430 |
Unaudited Condensed Consolidate
Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Feb. 28, 2023 | Aug. 31, 2022 |
CURRENT ASSETS | ||
Cash | $ 60,886 | $ 29,382 |
Short-term investments | 2,056 | |
Current assets from discontinued operations | 18,142 | |
TOTAL CURRENT ASSETS | 60,886 | 49,580 |
NON-CURRENT ASSETS | ||
Right-of-use assets, net | 29 | |
TOTAL NON-CURRENT ASSETS | 29 | |
TOTAL ASSETS | 60,915 | 49,580 |
CURRENT LIABILITIES | ||
Interest payable | 11,210 | 8,305 |
Accrued expenses and other current liabilities | 638 | 2,054 |
Loans payable to third parties | 6,500 | 4,500 |
Short-term loans | 220 | |
Long-term loans, current portion | 61,240 | 61,240 |
Operating lease liabilities - current | 17 | |
Convertible senior notes | 35,000 | |
Current liabilities from discontinued operations | 719,715 | |
TOTAL CURRENT LIABILITIES | 114,605 | 796,034 |
NON-CURRENT LIABILITIES | ||
Operating lease liabilities - non-current | 18 | |
Convertible senior notes | 35,000 | |
TOTAL LIABILITIES | 114,623 | 831,034 |
COMMITMENTS AND CONTINGENCIES | ||
SHAREHOLDERS' EQUITY | ||
Class A ordinary shares (US$0.000001 par value; 40 billion shares authorized as of August 31, 2022 and February 28, 2023; 14,611,659,561 issued and outstanding as of August 31, 2022 and 36,016,603,594 issued and outstanding as of February 28, 2023, respectively) | 36 | 14 |
Additional paid-in capital | 900,829 | 896,100 |
Statutory reserve | 2,385 | |
Accumulated deficits | (954,573) | (1,668,957) |
Accumulated other comprehensive income | (7,220) | |
Total Meta Data Limited shareholders' equity | (53,708) | (777,678) |
Non-controlling interests | (3,776) | |
Total shareholders' equity | (53,708) | (781,454) |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $ 60,915 | $ 49,580 |
Unaudited Condensed Consolida_2
Unaudited Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares | Feb. 28, 2023 | Aug. 31, 2022 |
Statement of Financial Position [Abstract] | ||
Ordinary shares par value (in Dollars per share) | $ 0.000001 | $ 0.000001 |
Ordinary shares, shares authorized | 40,000,000,000 | 40,000,000,000 |
Ordinary shares, shares issued | 14,611,659,561 | 36,016,603,594 |
Ordinary shares, shares outstanding | 14,611,659,561 | 36,016,603,594 |
Unaudited Condensed Consolida_3
Unaudited Condensed Consolidated Statement of Operations - USD ($) $ in Thousands | 6 Months Ended | |
Feb. 28, 2023 | Feb. 28, 2022 | |
Income Statement [Abstract] | ||
Revenues | $ 13,018 | |
Cost of revenues | (7,177) | |
Gross profit | 5,841 | |
Operating expenses | ||
Selling and marketing expenses | ||
General and administrative expenses | (919) | (57,086) |
Total operating expenses | (919) | (57,086) |
Income (loss) from operations | 4,922 | (57,086) |
Other income | ||
Interest income | 1 | 1 |
Interest expense | (2,905) | (1,745) |
Other expenses | (2) | (3) |
Total other income, net | (2,906) | (1,747) |
Income (loss) from continuing operations | 2,016 | (58,833) |
Discontinued operations | ||
Loss from disposal of subsidiaries | (412,513) | |
Loss from discontinued operations | (2,364) | (116,218) |
Loss from discontinued operations | (414,877) | (116,218) |
Net loss | (412,861) | (175,051) |
Add: Net loss attributable to non-controlling interests | 7,273 | |
Net loss attributable to Meta Data Limited's shareholders | $ (412,861) | $ (167,778) |
Loss per share | ||
Basic (in Dollars per share) | $ (0.01) | $ (0.05) |
Diluted (in Dollars per share) | $ (0.01) | $ (0.05) |
Weighted average number of shares outstanding | ||
Basic (in Shares) | 35,898,081 | 3,717,015 |
Diluted (in Shares) | 46,822,252 | 3,939,131 |