Cover [Abstract]
Entity Registrant Name
Entity Central Index Key
Document Type
Amendment Flag
Current Fiscal Year End Date
Entity Small Business
Entity Shell Company
Entity Emerging Growth Company
Entity Current Reporting Status
Document Period End Date
Entity Filer Category
Document Fiscal Period Focus
Document Fiscal Year Focus
Entity Ex Transition Period
Entity Common Stock Shares Outstanding
Document Quarterly Report
Document Transition Report
Entity File Number
Entity Incorporation State Country Code
Entity Tax Identification Number
Entity Address Address Line 1
Entity Address Address Line 2
Entity Address City Or Town
Entity Address State Or Province
Entity Address Postal Zip Code
City Area Code
Local Phone Number
Entity Interactive Data Current
CONSOLIDATED BALANCE SHEETS
ASSETS
CURRENT ASSETS
Cash
Prepaid expenses
VAT receivable
Total current assets
[Assets, Current]
Deposits
Fixed assets, net
Capitalized software costs
Right of use asset - operating lease
Total non-current assets
TOTAL ASSETS
LIABILITIES AND STOCKHOLDERS' DEFICIT
LIABILITIES
Current Liabilities:
Accounts payable and accrued expenses
Related party loan
Loan payable
Convertible notes, net of unamortized discount
Current portion - operating lease obligation
Total current liabilities
[Liabilities, Current]
Non-current Liabilities:
Operating lease obligation, net of current portion
TOTAL LIABILITIES
[Liabilities]
STOCKHOLDERS' DEFICIT
Common stock: authorized 500,000,000; $0.001 par value; 53,711,394 and 51,780,838 shares issued and outstanding as of November 30, 2021 and August 31, 2021
Additional Paid in Capital
Accumulated deficit
Accumulated other comprehensive income
Total Stockholders' deficit
[Stockholders' Equity Attributable to Parent]
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT
[Liabilities and Equity]
Stockholders' Deficit
Common stock, shares authorized
Common stock, shares par value
Common stock, shares issued
Common stock, shares outstanding
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)
Operating expenses:
General and administrative expenses
Total operating expenses
[Operating Expenses]
Loss from operations
Other Income (Expense):
Change in fair value of derivative liability
Interest Income (expense)
[Interest Income (Expense), Net]
Gain (loss) on foreign exchange
Total other income (expense)
Net loss before income tax provision
Provision for income tax
Net loss
[Net Income (Loss) Attributable to Parent]
Other comprehensive income:
Foreign currency translation adjustment
Total Comprehensive loss
Net loss per common share
Basic and diluted
Weighted average common shares outstanding
Basic and diluted
[Weighted Average Number of Shares Outstanding, Basic and Diluted]
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS DEFICIT (Unaudited)
Statement [Table]
Statement [Line Items]
Statement Equity Components Axis
Common Stock
Additional Paid-In Capital
Accumulated other comprehensive loss
Accumulated Deficit
Balance, shares
[Shares, Issued]
Balance, amount
Foreign currency translation adjustment
Net loss
Common stock issued for services, shares
Common stock issued for services, amount
Stock-based compensation
Balance, shares
Balance, amount
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)
OPERATING ACTIVITIES:
Net loss
Adjustments to reconcile net loss to net cash (used in) operating activities:
Shares issued for services
Stock-based compensation
Change in fair value of derivative liability
[Increase (Decrease) in Derivative Liabilities]
Depreciation expense
Amortization of debt discount
Amortization of right of use assets
Amortization of capitalized software costs
Gain on foreign exchange
Change in operating assets and liabilities,
Prepaid expenses
[Increase (Decrease) in Prepaid Expense]
VAT receivable
[Increase (Decrease) in Receivables]
Deposits
[Increase (Decrease) in Deposits]
Accounts payable and accrued expenses
[Increase (Decrease) in Accounts Payable and Accrued Liabilities]
Operating lease obligation
NET CASH USED IN OPERATING ACTIVITIES
[Net Cash Provided by (Used in) Operating Activities]
INVESTING ACTIVITIES:
Fixed asset purchases
[Payments to Acquire Assets, Investing Activities]
Software development costs
[Payments to Develop Software]
NET CASH USED IN INVESTIING ACTIVITIES
[Net Cash Provided by (Used in) Investing Activities]
FINANCING ACTIVITIES:
Proceeds from related party loan
Proceeds from convertible note
Repayment of loan
[Repayments of Long-term Loans from Vendors]
NET CASH PROVIDED BY FINANCING ACTIVITIES
[Net Cash Provided by (Used in) Financing Activities]
EFFECT OF EXCHANGE RATE CHANGES ON CASH
NET INCREASE/(DECREASE) IN CASH
[Cash and Cash Equivalents, Period Increase (Decrease)]
CASH - BEGINNING OF PERIOD
CASH - END OF PERIOD
SUPPLEMENTAL CASHFLOW INFORMATION:
Cash paid for:
Income tax
Interest
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Debt discount from derivative liability
ORGANIZATION AND NATURE OF BUSINESS
NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
GOING CONCERN
NOTE 3 - GOING CONCERN
RELATED PARTY TRANSACTIONS
NOTE 4 - RELATED PARTY TRANSACTIONS
LEASES
NOTE 5 - LEASES
LOAN PAYABLE
NOTE 6 - LOAN PAYABLE
CONVERTIBLE NOTES
NOTE 7 - CONVERTIBLE NOTES
COMMON STOCK
NOTE 8 - COMMON STOCK
SHARE BASED COMPENSATION
NOTE 9 - SHARE BASED COMPENSATION
SUBSEQUENT EVENTS
NOTE 10 - SUBSEQUENT EVENTS
Principles of Consolidation
Basis of Presentation
Cash and Cash Equivalents
Fixed Assets
Revenue Recognition
Fair Value of Financial Instruments
Foreign Currency
Capitalized Software Development Costs
Impairment of Long-Lived Assets
Leases
Use of Estimates
Basic and Diluted Loss Per Share
Stock Based Compensation
Recent Accounting Pronouncement
Summary of Foreign Currency Translation
Summary of future minimum operating lease payments
Summary of convertible notes
Summary of Stock option activity
Summary of weighted average assumptions Table Text Block
Summary of stock option vested
Summarizes the restricted stock activity
Current EUR: US$ exchange rate
Average EUR: US$ exchange rate
Property Plant And Equipment By Type Axis
Capitalized Software Development Costs [Member]
Estimated useful lives of the assets
Impairment loss
Software development costs
[Capitalized Computer Software, Gross]
Revenues
Related Party Transaction Axis
Award Date Axis
Title Of Individual Axis
Related Party Transactions By Related Party Axis
Mr. Benjamin Salter [Member]
April 1, 2021 [Member]
Director And Chief Financial Officer [Member]
January 1, 2021 [Member]
Mr. Patrick Burkert [Member]
July 1, 2020 [Member]
Mr. Chris Roy [Member]
June 15, 2020 [Member]
Mr. Mario Beckles [Member]
March 19, 2021 [Member]
Mr. Wolfgang Tippner [Member]
June 1, 2020 [Member]
Mr. Yves Toelderer [Member]
Mr Johnson [Member]
June 22, 2021 [Member]
Mr. Patrick Heneise [Member]
Cayo Ventures [Member]
Option term
Agreement Descriptions
Option granted
Strike price
Exercise cash payment
Cash compensation
Stock options granted
Stock-based compensation expense
Common stock shares issued
Performance Bonus
Accrued compensation
Performance-based bonus
Salary paid
Cash compensation monthly
Common Shares
Due to related parties
Unrestricted common stock
Agreement description
Unpaid cash compensation
Stock based compensation, shares
Due to related parties
[Due to Related Parties, Current]
Due to related party for acquisition of intangible asset
Advance from related party
Convertible notes issued
2021
2022
2023
Total minimum lease payments
Less: present value discount
Present value of minimum lease payments
Current portion of operating lease obligation
Operating Lease obligation, less current portion
May 1, 2021 [Member]
April 20, 2020 [Member]
December 01, 2019 [Member]
August 1, 2019 [Member]
Lease discount rate
Weighted average remaining term
Operating lease expense
Right of use asset and operating lease liability recognized from adoption of ASC 842
Right of use asset - operating lease
Lease rental expense, per month
Additional rent payment
Write off remaining operating lease obligation
Third Party [Member]
February 11, 2021 [Member]
Outstanding loan
Loan received from related party
Carrying value of Convertible Notes at August 31, 2020
New principal
Total principal
Less: conversion of principal
Less: discount related to fair value of the embedded conversion feature
Less: discount related to original issue discount
Add: amortization of discount
Carrying value of Convertible Notes at November 30, 2021
Debt Instrument Axis
Transaction Type Axis
Second Note [Member]
First Note [Member]
September 22, 2020 [Member]
Tranches One [Member]
Tranches Two [Member]
Tranches Three [Member]
Tranches four [Member]
Tranches five [Member]
Tranches [Member]
Note issued to related parties
Common stock issued
Convertible notes issued
Conversion of common stock shares
Unamortized debt discount
Received from unrelated party
Maturity date
Common stock per share
Debt instrument descriptions
Maturity date
[Maturity date]
Unrelated Party [Member]
Common stock, shares outstanding
Common shares issued for service
Price per share
Common shares issued for service, value
Derivative Instrument Risk Axis
Stock Options [Member]
Options outstanding, Beginning
[Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number]
Options outstanding, Grants
Options outstanding, Exercised
Options outstanding, Forfeited
[Options outstanding, Forfeited]
Options outstanding, Ending
Weighted average exercise price Balance, Beginning
Weighted average exercise price, Grants
Weighted average exercise price, Exercised
Weighted average exercise price, Forfeited
Weighted average exercise price Balance, Ending
Range Axis
Weighted Average Assumptions Stock Options Granted [Member]
Maximum [Member]
Minimum [Member]
Expected term (years)
Expected dividend
Expected stock price volatility
Weighted-average risk-free rate
Stock Options Vested [Member]
Number of options, Outstanding
Number of options, Exercisable
Number of options, Expected to vest
Weighted-average remaining contractual life, Outstanding
Weighted-average remaining contractual life, Exercisable
Weighted-average remaining contractual life, Expected to vest
Weighted-average exercise price, Exercisable
Weighted-average exercise price, Expected to vest
Weighted-average exercise price, Outstanding
Restricted Stock [Member]
Shares Balance, Beginning
Shares of restricted stock granted, shares
Shares of restricted stock Exercised, shares
Shares of restricted stock Cancelled, shares
Shares Balance, Ending
Weighted average exercise price Balance, Beginning
[Weighted average exercise price Balance, Beginning]
Weighted-average exercise price, Shares of restricted stock granted, per share
Weighted-average exercise price, Shares of restricted stock Exercised, per share
Weighted-average exercise price, Shares of restricted stock Cancelled, per share
Weighted average exercise price Balance, Ending
Number of Restricted Stock Swards
Vested
Non-vested
Restricted stock
Restricted Stock Awards [Member]
Total fair value of stock options recognized
Unrecognized compensation cost
Subsequent Event Type [Axis]
Subsequent Event [Member]
Company Borrowed
Unrelated Party [Member]
Subsequent Event [Member]
Interest rate
Company Borrowed
Conversion price
Convertible note ,amount
Legal fees
Price per share
[Share Price]
Exercise pice
Common stock as commitment shares
One time interest charge
Original issue discount
Warrant shares
The amount of the related debt discount at the end of the accounting period.
Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format.
Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
The weighted average price as of the balance sheet date at which grantees could acquire the underlying shares with respect to all outstanding stock options which are in the customized range of exercise prices.
Per share or per unit amount of equity securities issued.
Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.
Value of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders.
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period.