10-K Filing

CLEANSPARK, INC. CIK: 827876 FY 2012

Filing Information

Form Type	10-K
Accession Number	`0001078782-12-003299`
Period End Date	20120930
Filing Date	20121228
Fiscal Year	2012
Fiscal Period	FY
XBRL Instance	smtd-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 31 Cash Flow Statement 53

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$413.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$208.00	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$1.41K	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.82K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.08M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	37.08M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$208.00	USD	Point-in-time
Total Assets	`Assets`	$1.82K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.08M	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.08M	shares	Point-in-time
Total Assets	`Assets`	$208.00	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$8.32K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$4.76K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$16.00K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$15.00K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$42.82K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$61.32K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$66.14K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$82.08K	USD	Point-in-time
Total Liabilities	`Liabilities`	$66.14K	USD	Point-in-time
Total Liabilities	`Liabilities`	$82.08K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share; 37,076,779 shares issued and outstanding, as of September 30, 2012 and September 30, 2011; respectively	`CommonStockValue`	$37.08K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share; 37,076,779 shares issued and outstanding, as of September 30, 2012 and September 30, 2011; respectively	`CommonStockValue`	$37.08K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$215.03K	USD	Point-in-time
Additional Paid in Capital	`AdditionalPaidInCapital`	$209.61K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-332.36K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-312.61K	USD	Point-in-time
Total Stockholders' Deficit	`RetainedEarningsAccumulatedDeficit`	$-80.25K	USD	Point-in-time
Total Stockholders' Deficit	`RetainedEarningsAccumulatedDeficit`	$-65.93K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$208.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.82K	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	84 Qtrs
Revenues	`Revenues`	-	USD	Annual
Revenues	`Revenues`	-	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$34.02K	USD	Annual
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$323.71K	USD	84 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$14.18K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-34.02K	USD	Annual
Loss from Operations	`OperatingIncomeLoss`	$-323.71K	USD	84 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-14.18K	USD	Annual
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	84 Qtrs
Interest Expense	`InterestExpense`	$-3.78K	USD	Annual
Interest Expense	`InterestExpense`	$-5.57K	USD	Annual
Interest Expense	`InterestExpense`	$-11.00K	USD	84 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-8.65K	USD	84 Qtrs
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-5.57K	USD	Annual
Total Other Income (Expense)	`OtherOperatingIncomeExpenseNet`	$-3.78K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-19.75K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-37.81K	USD	Annual
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-332.36K	USD	84 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	84 Qtrs
Income Taxes	`IncomeTaxesPaid`	-	USD	Annual
Income Taxes	`IncomeTaxesPaid`	-	USD	Annual
Net Loss	`NetIncomeLoss`	$-37.81K	USD	Annual
Net Loss	`NetIncomeLoss`	$-19.75K	USD	Annual
Net Loss	`NetIncomeLoss`	$-332.36K	USD	84 Qtrs
Basic and Diluted Loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Basic and Diluted Loss per share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	Annual
Weighted average number of common shares outstanding	`WeightedAverageNumberOfCommonSharesOutstanding`	36.97M	shares	Annual
Weighted average number of common shares outstanding	`WeightedAverageNumberOfCommonSharesOutstanding`	37.08M	shares	Annual

Cash Flow Statement 53 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-19.75K	USD	Annual
Net Loss	`ProfitLoss`	$-332.36K	USD	84 Qtrs
Net Loss	`ProfitLoss`	$-37.81K	USD	Annual
Gain on forgiveness of debts	`GainOnForgivenessOfDebts`	-	USD	Annual
Gain on forgiveness of debts	`GainOnForgivenessOfDebts`	$-2.35K	USD	84 Qtrs
Gain on forgiveness of debts	`GainOnForgivenessOfDebts`	-	USD	Annual
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$10.44K	USD	84 Qtrs
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$5.42K	USD	Annual
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$3.37K	USD	Annual
Shares issued for services	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$22.45K	USD	84 Qtrs
Shares issued for services	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	-	USD	Annual
Shares issued for services	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$11.00K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.41K	USD	Annual
Increase in prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-1.41K	USD	84 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInOperatingCapital`	$-3.56K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInOperatingCapital`	$7.11K	USD	84 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInOperatingCapital`	$2.62K	USD	Annual
Expenses paid by sharehodlers	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$80.38K	USD	84 Qtrs
Expenses paid by sharehodlers	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$18.50K	USD	Annual
Expenses paid by sharehodlers	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$15.98K	USD	Annual
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-795.00	USD	Annual
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-215.74K	USD	84 Qtrs
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.83K	USD	Annual
Issuance of Notes Payable-Related Party	`IncreaseDecreaseInNotesPayableRelatedPartiesCurrent`	$1.00K	USD	Annual
Issuance of Notes Payable-Related Party	`IncreaseDecreaseInNotesPayableRelatedPartiesCurrent`	$5.00K	USD	Annual
Issuance of Notes Payable-Related Party	`IncreaseDecreaseInNotesPayableRelatedPartiesCurrent`	$16.15K	USD	84 Qtrs
Proceeds from issuances of common stock	`StockholdersEquityPeriodIncreaseDecrease`	$200.00K	USD	84 Qtrs
Proceeds from issuances of common stock	`StockholdersEquityPeriodIncreaseDecrease`	-	USD	Annual
Proceeds from issuances of common stock	`StockholdersEquityPeriodIncreaseDecrease`	-	USD	Annual
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.00K	USD	Annual
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$1.00K	USD	Annual
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$216.15K	USD	84 Qtrs
Net Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$168.00	USD	Annual
Net Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$205.00	USD	Annual
Net Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$413.00	USD	84 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
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
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	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
Interest paid	`InterestPaidNet`	-	USD	84 Qtrs
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	84 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	$19.21K	USD	84 Qtrs
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	-	USD	Annual
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	-	USD	Annual

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