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Basis of Presentation (Tables) - DIGERATI TECHNOLOGIES, INC [Member]
3 Months Ended 12 Months Ended
Oct. 31, 2022
Jul. 31, 2022
Basis of Presentation (Tables) [Line Items]    
Schedule of dilutive weighted average shares
   Three months ended
October 31,
 
(in thousands, except per share data)  2022   2021 
NUMERATOR:        
NET INCOME (LOSS)  $(4,988)  $2,419 
           
DENOMINATOR:          
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC   143,067,151    138,719,017 
   $(0.03)  $0.02 

 

   Three months ended
October 31,
 
(in thousands, except per share data)  2022   2021 
NUMERATOR:        
NET INCOME (LOSS)  $(4,988)  $2,419 
Less: adjustments to net income  $
-
   $(4,331)
NET INCOME (LOSS) - DILUTED SHARES OUTSTANDING CALCULATION  $(4,988)  $(1,912)
           
DENOMINATOR:          
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC   143,067,151    138,719,017 
Warrants and Options to purchase common stock   
-
    100,731,026 
Convertible Debt   
-
    11,273,568 
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - DILUTED   143,067,151    250,723,611 
LOSS PER COMMON SHARE - DILUTED  $(0.03)  $(0.01)

 

 
Schedule of basic and diluted net loss per share
   Three months ended
October 31,
 
   2022   2021 
Convertible Preferred Shares   57,501,882    56,405,216 
Convertible Debt   37,963,920    11,966,667 
Total   95,465,802    68,371,883 

 

    7/31/2022     7/31/2021  
Options to purchase common stock     9,130,000       9,230,000  
Warrants to purchase common stock     108,841,179       109,506,179  
Convertible debt     43,628,667       20,506,684  
Convertible Series A Preferred stock     750,000       750,000  
Convertible Series B Preferred stock     25,575,847       24,936,847  
Convertible Series C Preferred stock     31,259,369       30,478,369  
Total:     219,185,062       195,408,079  

 

Schedule of disaggregated revenue
   For the Three Months ended
October 31,
 
   2022   2021 
Cloud software and service revenue  $8,076   $3,703 
Product revenue   54    74 
Total operating revenues  $8,130   $3,777 

 

   For the Years ended
July 31,
 
   2022   2021 
Cloud software and service revenue  $23,871   $12,153 
Product revenue   283    263 
Total operating revenues  $24,154   $12,416 

 

Schedule of derivative financial instruments measured at fair value
       Fair value measurements at reporting date using. 
       Quoted prices in active markets
for identical
liabilities
   Significant
other
observable
inputs
   Significant
unobservable inputs
 
Description  Fair Value   (Level 1)   (Level 2)   (Level 3) 
Derivative liability at July 31, 2022  $10,587,717    
      -
    
      -
   $10,587,717 
                     
Derivative liability at October 31, 2022  $13,664,035    
-
    
-
   $13,664,035 

 

 
Schedule of derivatives using the Black-Scholes option pricing model
Expected dividend yield  0.00%
Expected stock price volatility  63.32% - 250.19%
Risk-free interest rate  0.03% - 2.98%
Expected term  0.05 - 9.50 years

 

Expected dividend yield  0.00%
Expected stock price volatility  86.37% - 230.15%
Risk-free interest rate  4.00% - 4.10%
Expected term  0.16 - 8.05 years

 

Expected dividend yield     0.00%
Expected stock price volatility     63.32% - 250.19% 
Risk-free interest rate     0.03% - 2.98% 
Expected term     0.05 - 9.50 years  

 

         
Expected dividend yield     0.00%
Expected stock price volatility     125.60% - 283.01%
Risk-free interest rate     0.05% - 1.65% 
Expected term     0.03 - 10.00 years  

 

Schedule of derivative financial instruments measured at fair value
Balance at July 31, 2022  $10,587,717 
Derivative loss   3,076,318 
Balance at October 31, 2022  $13,664,035