10-K Filing

CLEANSPARK, INC. CIK: 827876 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001078782-12-000022`
Period End Date	20110930
Filing Date	20120106
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	smtd-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 33 Cash Flow Statement 50

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$208.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, par or stated value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par or stated value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$40.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$208.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$40.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	35.98M	shares	Point-in-time
Total Assets	`Assets`	$208.00	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.08M	shares	Point-in-time
Total Assets	`Assets`	$40.00	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.08M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	35.98M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$8.32K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$5.70K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$10.00K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$15.00K	USD	Point-in-time
Payable to Shareholder	`DueFromOfficersOrStockholdersCurrent`	$26.84K	USD	Point-in-time
Payable to Shareholder	`DueFromOfficersOrStockholdersCurrent`	$42.82K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$66.14K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$42.53K	USD	Point-in-time
Total Liabilities	`Liabilities`	$66.14K	USD	Point-in-time
Total Liabilities	`Liabilities`	$42.53K	USD	Point-in-time
Common Stock, .001 par value, 100,000,000 shares authorized, and 37,076,779 and 35,976,781 shares issued and outstanding at Sept. 30, 2011 and 2010, respectively	`CommonStockValue`	$37.08K	USD	Point-in-time
Common Stock, .001 par value, 100,000,000 shares authorized, and 37,076,779 and 35,976,781 shares issued and outstanding at Sept. 30, 2011 and 2010, respectively	`CommonStockValue`	$35.98K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$209.61K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$196.34K	USD	Point-in-time
Deficit Accumulated during Development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-274.81K	USD	Point-in-time
Deficit Accumulated during Development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-312.61K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-42.49K	USD	Point-in-time
Total Stockholders Deficit	`StockholdersEquity`	$-65.93K	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$208.00	USD	Point-in-time
Total Liabilities and Stockholders Deficit	`LiabilitiesAndStockholdersEquity`	$40.00	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	80 Qtrs
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$309.53K	USD	80 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$19.55K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$34.02K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-19.55K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-34.02K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-309.53K	USD	80 Qtrs
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	80 Qtrs
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	Annual
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Interest Expense	`InterestExpense`	$-1.65K	USD	Annual
Interest Expense	`InterestExpense`	$-5.43K	USD	80 Qtrs
Interest Expense	`InterestExpense`	$-3.78K	USD	Annual
Total Other Income and Expense	`NonoperatingIncomeExpense`	$-3.08K	USD	80 Qtrs
Total Other Income and Expense	`NonoperatingIncomeExpense`	$-3.78K	USD	Annual
Total Other Income and Expense	`NonoperatingIncomeExpense`	$704.00	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-312.61K	USD	80 Qtrs
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.85K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-37.81K	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	80 Qtrs
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net Loss	`ProfitLoss`	$-18.85K	USD	Annual
Net Loss	`ProfitLoss`	$-37.81K	USD	Annual
Net Loss	`ProfitLoss`	$-312.61K	USD	80 Qtrs
Net Loss per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Net Loss per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Net Loss per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	-	USD	80 Qtrs
Weighted Average of Common Shares Outstanding - Basic and Diluted	`WeightedAverageOfCommonSharesOutstandingBasicAndDiluted`	36.97M	shares	Annual
Weighted Average of Common Shares Outstanding - Basic and Diluted	`WeightedAverageOfCommonSharesOutstandingBasicAndDiluted`	35.98M	shares	Annual
Weighted Average of Common Shares Outstanding - Basic and Diluted	`WeightedAverageOfCommonSharesOutstandingBasicAndDiluted`	0.00	shares	80 Qtrs

Cash Flow Statement 50 line items

Line Item	Tag	Value	Unit	Period
Net Income / (loss)	`NetIncomeLoss`	$-312.61K	USD	80 Qtrs
Net Income / (loss)	`NetIncomeLoss`	$-18.85K	USD	Annual
Net Income / (loss)	`NetIncomeLoss`	$-37.81K	USD	Annual
Gain on Forgiveness of Debt	`GainOnForgivenessOfDebt`	$-2.35K	USD	Annual
Gain on Forgiveness of Debt	`GainOnForgivenessOfDebt`	-	USD	Annual
Gain on Forgiveness of Debt	`GainOnForgivenessOfDebt`	$-2.35K	USD	80 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$3.37K	USD	Annual
Non-cash interest expense	`NonCashInterestExpense`	$5.02K	USD	80 Qtrs
Non-cash interest expense	`NonCashInterestExpense`	$1.65K	USD	Annual
Shares issued for Services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$1.00K	USD	Annual
Shares issued for Services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$22.45K	USD	80 Qtrs
Shares issued for Services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$11.00K	USD	Annual
Increase/(Decrease) in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$10.67K	USD	80 Qtrs
Increase/(Decrease) in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$2.62K	USD	Annual
Increase/(Decrease) in Accounts Payable	`IncreaseDecreaseInAccountsPayable`	$-12.13K	USD	Annual
Expenses Paid by Shareholder	`IncreaseDecreasInExpensesPaidByShareholder`	$15.98K	USD	Annual
Expenses Paid by Shareholder	`IncreaseDecreasInExpensesPaidByShareholder`	$61.88K	USD	80 Qtrs
Expenses Paid by Shareholder	`IncreaseDecreasInExpensesPaidByShareholder`	$20.57K	USD	Annual
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.83K	USD	Annual
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-10.11K	USD	Annual
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-214.94K	USD	80 Qtrs
Issuance of Notes Payable	`ProceedsFromNotesPayable`	$15.15K	USD	80 Qtrs
Issuance of Notes Payable	`ProceedsFromNotesPayable`	$10.15K	USD	Annual
Issuance of Notes Payable	`ProceedsFromNotesPayable`	$5.00K	USD	Annual
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$200.00K	USD	80 Qtrs
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$215.15K	USD	80 Qtrs
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	Annual
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$10.15K	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$208.00	USD	80 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$40.00	USD	Annual
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$168.00	USD	Annual
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$208.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$40.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$208.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$40.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest Paid	`InterestPaid`	-	USD	Annual
Interest Paid	`InterestPaid`	-	USD	80 Qtrs
Interest Paid	`InterestPaid`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	Annual
Income Taxes Paid	`IncomeTaxesPaidNet`	-	USD	80 Qtrs
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	Annual
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	$19.21K	USD	80 Qtrs
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.