10-Q Filing

CLEANSPARK, INC. CIK: 827876 Q1 2013

Filing Information

Form Type	10-Q
Accession Number	`0001078782-13-000268`
Period End Date	20121231
Filing Date	20130208
Fiscal Year	2013
Fiscal Period	Q1
XBRL Instance	smtd-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 31 Cash Flow Statement 58

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$483.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$413.00	USD	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$818.00	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid Expenses	`PrepaidExpenseCurrent`	$1.41K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$1.30K	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`	$1.82K	USD	Point-in-time
Total Assets	`Assets`	$1.30K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.08M	shares	Point-in-time
Total Assets	`Assets`	$1.82K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	37.08M	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$4.76K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$7.91K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$16.00K	USD	Point-in-time
Convertible Promissory Note	`ConvertibleNotesPayableCurrent`	$16.00K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$65.82K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$61.32K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$82.08K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$89.73K	USD	Point-in-time
Total Liabilities	`Liabilities`	$89.73K	USD	Point-in-time
Total Liabilities	`Liabilities`	$82.08K	USD	Point-in-time
Common Stock - 50,000,000 shares authorized having a par value of $0.001 per share; 37,076,779 shares issued and outstanding, as of December 31, 2012 and September 30, 2012; respectively	`CommonStockValue`	$37.08K	USD	Point-in-time
Common Stock - 50,000,000 shares authorized having a par value of $0.001 per share; 37,076,779 shares issued and outstanding, as of December 31, 2012 and September 30, 2012; respectively	`CommonStockValue`	$37.08K	USD	Point-in-time
Capital in Excess of par value	`AdditionalPaidInCapital`	$216.60K	USD	Point-in-time
Capital in Excess of par value	`AdditionalPaidInCapital`	$215.03K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-332.36K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-342.10K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-80.25K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-88.43K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$1.30K	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	1 Quarter
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	85 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$331.88K	USD	85 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$4.81K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$8.18K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-331.88K	USD	85 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.18K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-4.81K	USD	1 Quarter
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	85 Qtrs
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest Expense	`InterestExpense`	$-12.57K	USD	85 Qtrs
Interest Expense	`InterestExpense`	$-1.57K	USD	1 Quarter
Interest Expense	`InterestExpense`	$-1.32K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-10.22K	USD	85 Qtrs
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-1.32K	USD	1 Quarter
Total Other Income (Expense)	`OtherNonoperatingIncomeExpense`	$-1.57K	USD	1 Quarter
Net Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-9.74K	USD	1 Quarter
Net Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-342.10K	USD	85 Qtrs
Net Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-6.13K	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	85 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.13K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-342.10K	USD	85 Qtrs
Net Loss	`NetIncomeLoss`	$-9.74K	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and Diluted Loss Per Share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	37.08M	shares	1 Quarter
Basic and Diluted Weighted Average Number of Common Shares Outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	37.08M	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`ProfitLoss`	$-6.13K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-9.74K	USD	1 Quarter
Net Loss	`ProfitLoss`	$-342.10K	USD	85 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebts`	$-2.35K	USD	85 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebts`	-	USD	1 Quarter
Gain on forgiveness of debt	`GainOnForgivenessOfDebts`	-	USD	1 Quarter
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$12.01K	USD	85 Qtrs
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$1.17K	USD	1 Quarter
Non-cash interest expense	`IncreaseDecreaseInInterestPayableNet`	$1.57K	USD	1 Quarter
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$22.45K	USD	85 Qtrs
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Increase (Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-860.00	USD	1 Quarter
Increase (Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.15K	USD	1 Quarter
Increase (Decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.27K	USD	85 Qtrs
(Increase) Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$591.00	USD	1 Quarter
(Increase) Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
(Increase) Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$-818.00	USD	85 Qtrs
Increase in debt - Related Party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$4.50K	USD	1 Quarter
Increase in debt - Related Party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$6.00K	USD	1 Quarter
Increase in debt - Related Party	`IncreaseDecreaseInDueToRelatedPartiesCurrent`	$84.88K	USD	85 Qtrs
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$179.00	USD	1 Quarter
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-215.67K	USD	85 Qtrs
Net Cash Used by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$70.00	USD	1 Quarter
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	85 Qtrs
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Issuance of Notes Payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Issuance of Notes Payable	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Issuance of Notes Payable	`ProceedsFromNotesPayable`	$16.15K	USD	85 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$20.00K	USD	85 Qtrs
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$216.15K	USD	85 Qtrs
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$483.00	USD	85 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$179.00	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$70.00	USD	1 Quarter
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$483.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$387.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$208.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$483.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$387.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$208.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	85 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	85 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	$19.21K	USD	85 Qtrs
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	-	USD	1 Quarter
Common Stock issued for Debt	`ConversionOfStockAmountIssued1`	-	USD	1 Quarter

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