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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues, net $ 709,151 $ 1,168,781
Revenues, Related Party, net 631
Cost of goods sold 462,909 386,939
Gross profit 246,873 781,842
Selling, general and administrative expenses 291,019 613,139
Advertising and promotion expense 513,467
Marketing and research expense 26,663 35,413
Professional expense 87,496 310,500
Salaries and wages 48,477 460,424
Stock compensation expense 66,500 101,500
Total operating expenses 520,155 2,034,443
Loss from operations (273,282) (1,252,601)
Non-operating income (expense):    
Other (expense) income 15,091 (4,994)
Interest expense (193,046) (157,911)
Change in fair value of derivative liabilities 3,697,931 325,234
Change in fair value of warrant liability 2,042 8,289
Loss on asset disposal (28)
Amortization of debt discount (289,801) (132,579)
Amortization of intangible assets (483) (1,533)
Other Expense - Gain on debt extinguishment 112,051
Unrealized gain on securities (642,117)
Total non-operating income (expense), net 3,343,785 (605,640)
Equity Method Investment Loss (44,477)
Income (loss) before income taxes 3,070,503 (1,902,718)
Income tax expense
Net income (loss) 3,070,503 (1,902,718)
Other comprehensive loss
Total comprehensive income (loss) 3,070,503 (1,902,718)
Less: net loss attributable to the noncontrolling interest (3,000) (307,351)
Net income (loss) attributable to SugarMade Inc. $ 3,073,503 $ (1,595,367)
Basic net income (loss) per share $ 0.00 $ (0.00)
Diluted net income (loss) per share $ 0.00 $ (0.00)
Basic and diluted weighted average common shares outstanding [1] 11,930,425,109 4,740,034,036
[1] Shares issuable upon conversion of convertible debts and exercising of warrants were excluded in calculating diluted loss per share.