XML 52 R38.htm IDEA: XBRL DOCUMENT
v3.23.1

Taxes on Income (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Schedule of effective tax rates [Abstract] |
Schedule of income tax expense (benefit) included in the statements of income and comprehensive income |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Current |  |  |  |  |  |
Federal |  | $ | - |  |  | $ | - |
Foreign |  |  | - |  |  |  | (277,717 | )
State |  |  | - |  |  |  | - |
|  |  | - |  |  |  |  |
Deferred |  |  |  |  |  |  |  |
Federal |  |  | - |  |  |  | - |
Foreign |  |  | - |  |  |  | - |
State |  |  | - |  |  |  | - |
Total |  | $ | - |  |  | $ | (277,717 | )
Schedule of reconciliation income tax expense |
|  | December 31, 2022 |
|  | Amount |  |  | Rate |
Federal tax at statutory rate |  | $ | (10,988,857 | ) |  |  | 21.00 | %
State income taxes, net of federal tax benefit |  |  | (1,069,093 | ) |  |  | 2.04 | %
Foreign Taxes |  |  | (1,435,961 | ) |  |  | 2.74 | %
Change in Valuation Allowance |  |  | 13,703,637 |  |  |  | (26.20 | )%
Other |  |  | (209,726 | ) |  |  | 0.40 | %
Total |  | $ | - |  |  |  |  |
Schedule of deferred income taxes |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Assets |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 15,762,452 |  |  |  | 6,244,902 |
Operating Lease Liability |  |  | 782,080 |  |  |  | 911,463 |
Accrued Liabilities |  |  | 166,650 |  |  |  | 88,833 |
Unrealized Loss |  |  | 2,473,377 |  |  |  | 714,428 |
Stock based compensation |  |  | 5,874,815 |  |  |  | 4,710,358 |
Disallowed Interest Expense |  |  | 2,548,266 |  |  |  | 425,302 |
Other |  |  | 186,432 |  |  |  | 32,853 |
Total deferred tax assets |  |  | 27,794,072 |  |  |  | 13,128,139 |
Liabilities |  |  |  |  |  |  |  |
Right of Use Asset |  |  | 770,635 |  |  |  | 934,086 |
Depreciation |  |  | 1,112,435 |  |  |  | (13,311 | )
Total deferred tax liabilities |  |  | 1,883,071 |  |  |  | 920,775 |
Valuation allowance |  |  | (25,911,002 | ) |  |  | (12,207,364 | )
Net deferred tax assets |  |  | - |  |  |  | - |

X
- References No definition available. + Details
Name: | migi_TaxesonIncomeTablesLineItems
Namespace Prefix: | migi_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration