XML 40 R27.htm IDEA: XBRL DOCUMENT v3.22.2
Basis of Presentation (Details) - USD ($)
9 Months Ended
May 01, 2018
Apr. 30, 2022
Apr. 30, 2021
Jul. 31, 2021
Accounting Policies [Abstract]        
Treasury shares, description   As a result of entering into various convertible debt instruments which contained a variable conversion feature with no floor, warrants with fixed exercise price, and convertible notes with fixed conversion price or with a conversion price floor, we reserved 28,000,000 treasury shares for consideration for future conversions and exercise of warrants, for convertible notes with fixed conversion price, notes with variable conversion feature with a floor and warrants with a conversion price floor.    
Contract assets   $ 7,486   $ 17,661
Deferred income   1,279,974   19,984
Customer deposits balance   $ 860,341   0
Average estimated life   36 months    
Deferred commissions/contract costs   $ 744,000    
Sale commissions   1,463,989 $ 576,476  
Outstanding aggregate tax remittance liability   4,839,000    
Derivative liabilities   8,922,100   $ 16,773,000
Noncontrolling interest description T3 Communications, Inc. (“T3 Nevada”), a Nevada corporation, entered into a Stock Purchase Agreement (“SPA”), whereby in an exchange for $250,000, T3 Nevada agreed to sell to the buyers 199,900 shares of common stock equivalent to 19.99% of the issued and outstanding common shares of T3 Nevada. The $250,000 of the cash received under this transaction was recognized as an adjustment to the carrying amount of the noncontrolling interest and as an increase in additional paid-in capital in T3 Nevada. At the option of the Company, and for a period of five years following the date of the SPA, the 199,900 shares of common stock in T3 Nevada may be converted into Common Stock of Digerati at a ratio of 3.4 shares of DTGI Common stock for everyone (1) share of T3 Nevada at any time after the DTGI Common Stock has a current market price of $1.50 or more per share for 20 consecutive trading days.      
Noncontrolling interest   $ 1,306,000 $ 223,000