10-Q Filing

CLEANSPARK, INC. CIK: 827876 Q1 2014

Filing Information

Form Type	10-Q
Accession Number	`0001078782-14-000204`
Period End Date	20131231
Filing Date	20140214
Fiscal Year	2014
Fiscal Period	Q1
XBRL Instance	smtd-20131231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 Income Statement 31 Cash Flow Statement 58

Balance Sheet 34 line items

Line Item	Tag	Value	Unit	Period
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$507.00	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
Cash	`Cash`	$270.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$270.00	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	950,687.00	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	950,687.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$507.00	USD	Point-in-time
Total Assets	`Assets`	$507.00	USD	Point-in-time
Total Assets	`Assets`	$270.00	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	950,687.00	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	950,687.00	shares	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$15.77K	USD	Point-in-time
Accounts Payable	`AccountsPayableCurrent`	$10.75K	USD	Point-in-time
Convertible Promissory Note	`NotesPayableRelatedPartiesClassifiedCurrent`	$15.50K	USD	Point-in-time
Convertible Promissory Note	`NotesPayableRelatedPartiesClassifiedCurrent`	$15.50K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$82.82K	USD	Point-in-time
Payable to Shareholder	`DueToOfficersOrStockholdersCurrent`	$79.32K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$105.57K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$114.09K	USD	Point-in-time
Total Liabilities	`Liabilities`	$114.09K	USD	Point-in-time
Total Liabilities	`Liabilities`	$105.57K	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share; 950,687 shares issued and outstanding, as of December 31, 2013 and September 30, 2013; respectively	`CommonStockValue`	$951.00	USD	Point-in-time
Common Stock - 100,000,000 shares authorized having a par value of $0.001 per share; 950,687 shares issued and outstanding, as of December 31, 2013 and September 30, 2013; respectively	`CommonStockValue`	$951.00	USD	Point-in-time
Capital in Excess of par value	`AdditionalPaidInCapital`	$259.81K	USD	Point-in-time
Capital in Excess of par value	`AdditionalPaidInCapital`	$257.88K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-374.35K	USD	Point-in-time
Deficit accumulated during the development stage	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$-364.13K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-105.30K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-113.58K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$507.00	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$270.00	USD	Point-in-time

Income Statement 31 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	-	USD	1 Quarter
Revenues	`Revenues`	-	USD	89 Qtrs
Revenues	`Revenues`	-	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$357.04K	USD	89 Qtrs
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$8.18K	USD	1 Quarter
General and Administrative Expenses	`GeneralAndAdministrativeExpense`	$8.29K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-8.18K	USD	1 Quarter
Loss from Operations	`OperatingIncomeLoss`	$-357.04K	USD	89 Qtrs
Loss from Operations	`OperatingIncomeLoss`	$-8.29K	USD	1 Quarter
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	89 Qtrs
Gain on Forgiveness of Debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Interest Expense	`InterestExpense`	$-1.57K	USD	1 Quarter
Interest Expense	`InterestExpense`	$-1.93K	USD	1 Quarter
Interest Expense	`InterestExpense`	$-19.66K	USD	89 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-1.93K	USD	1 Quarter
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-17.30K	USD	89 Qtrs
Total Other Income (Expense)	`NonoperatingIncomeExpense`	$-1.57K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-10.21K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-9.74K	USD	1 Quarter
Net Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet`	$-374.35K	USD	89 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	89 Qtrs
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-10.21K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.74K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-374.35K	USD	89 Qtrs
Net Loss per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net Loss per share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted Average of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	950,687.00	shares	1 Quarter
Weighted Average of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	950,687.00	shares	1 Quarter

Cash Flow Statement 58 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-10.21K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-9.74K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-374.35K	USD	89 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	-	USD	1 Quarter
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	-	USD	1 Quarter
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	$-2.35K	USD	89 Qtrs
Non-cash interest expense	`InterestExpenseDebt`	$19.10K	USD	89 Qtrs
Non-cash interest expense	`InterestExpenseDebt`	$1.57K	USD	1 Quarter
Non-cash interest expense	`InterestExpenseDebt`	$1.93K	USD	1 Quarter
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$22.45K	USD	89 Qtrs
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.13K	USD	89 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.15K	USD	1 Quarter
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$5.02K	USD	1 Quarter
Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	89 Qtrs
Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Decrease in Prepaid Expenses	`IncreaseDecreaseInPrepaidExpense`	$591.00	USD	1 Quarter
Increase in debt - Related Party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$3.50K	USD	1 Quarter
Increase in debt - Related Party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$4.50K	USD	1 Quarter
Increase in debt - Related Party	`IncreaseDecreaseInDueFromRelatedPartiesCurrent`	$101.38K	USD	89 Qtrs
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$237.00	USD	1 Quarter
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$70.00	USD	1 Quarter
Net Cash From Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-215.64K	USD	89 Qtrs
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	89 Qtrs
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash From Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Issuance of Notes Payable	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Issuance of Notes Payable	`ProceedsFromRelatedPartyDebt`	$16.15K	USD	89 Qtrs
Issuance of Notes Payable	`ProceedsFromRelatedPartyDebt`	-	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	$200.00K	USD	89 Qtrs
Proceeds from issuances of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$216.15K	USD	89 Qtrs
Net Cash From Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	1 Quarter
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$507.00	USD	89 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$237.00	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`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$507.00	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`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$507.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
Interest paid	`InterestPaid`	-	USD	1 Quarter
Interest paid	`InterestPaid`	-	USD	89 Qtrs
Interest paid	`InterestPaid`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	89 Qtrs
Common Stock issued for Debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	1 Quarter
Common Stock issued for Debt	`DebtConversionConvertedInstrumentAmount1`	$19.21K	USD	89 Qtrs
Common Stock issued for Debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	1 Quarter

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