10-Q/A Filing

CLEANSPARK, INC. CIK: 827876 Q2 2014

Filing Information

Form Type	10-Q/A
Accession Number	`0001078782-14-000978`
Period End Date	20140331
Filing Date	20140520
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	smtd-20140331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 63 Cash Flow Statement 82

Balance Sheet 44 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
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash	`Cash`	$270.00	USD	Point-in-time
Cash	`Cash`	$2.77K	USD	Point-in-time
Common Stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$270.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.77K	USD	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	5.54M	shares	Point-in-time
Common Stock, shares issued	`CommonStockSharesIssued`	950,687.00	shares	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	950,687.00	shares	Point-in-time
Fixed Assets	`PropertyPlantAndEquipmentNet`	-	USD	Point-in-time
Fixed Assets	`PropertyPlantAndEquipmentNet`	$580.97K	USD	Point-in-time
Common Stock, shares outstanding	`CommonStockSharesOutstanding`	5.54M	shares	Point-in-time
Intangible assets	`IntangibleAssetsCurrent`	$44.63K	USD	Point-in-time
Intangible assets	`IntangibleAssetsCurrent`	-	USD	Point-in-time
Total assets	`Assets`	$270.00	USD	Point-in-time
Total assets	`Assets`	$628.38K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$157.43K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$10.75K	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	$750.00	USD	Point-in-time
Deferred Revenue	`DeferredRevenueCurrent`	-	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$15.50K	USD	Point-in-time
Payable to shareholder	`DueToOfficersOrStockholdersCurrent`	$79.32K	USD	Point-in-time
Payable to shareholder	`DueToOfficersOrStockholdersCurrent`	-	USD	Point-in-time
Due to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Due to related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$2.74K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$160.91K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$105.57K	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Notes payable	`NotesPayable`	$50.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$210.91K	USD	Point-in-time
Total liabilities	`Liabilities`	$105.57K	USD	Point-in-time
Common stock; $0.001 par value; 100,000,000 shares authorized; 5,543,305 and 950,687 shares issued and outstanding as of March 31, 2014 and September 30, 2013, respectively	`CommonStockValue`	$5.54K	USD	Point-in-time
Common stock; $0.001 par value; 100,000,000 shares authorized; 5,543,305 and 950,687 shares issued and outstanding as of March 31, 2014 and September 30, 2013, respectively	`CommonStockValue`	$951.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$257.88K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$836.83K	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-364.13K	USD	Point-in-time
Accumulated earnings (deficit)	`RetainedEarningsAccumulatedDeficit`	$-424.90K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-105.30K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$417.46K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$628.38K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$270.00	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Revenues:	`Revenues`	-	USD	90 Qtrs
Revenues:	`Revenues`	-	USD	1 Quarter
Revenues:	`Revenues`	-	USD	2 Qtrs
Revenues:	`Revenues`	-	USD	2 Qtrs
Revenues:	`Revenues`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	90 Qtrs
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
Gross profit	`GrossProfit`	-	USD	90 Qtrs
Gross profit	`GrossProfit`	-	USD	2 Qtrs
Gross profit	`GrossProfit`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.59K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.50K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$4.41K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$352.26K	USD	90 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$3.47K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.31K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	-	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$4.05K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$12.31K	USD	90 Qtrs
Professional fees	`ProfessionalFees`	-	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$364.56K	USD	90 Qtrs
Total operating expenses	`OperatingExpenses`	$7.52K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.59K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$15.81K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.41K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-12.59K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-364.56K	USD	90 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-15.81K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-4.41K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-7.52K	USD	1 Quarter
Gain on forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on forgiveness of debt	`GainsLossesOnExtinguishmentOfDebt`	$2.35K	USD	90 Qtrs
Interest expense	`InterestExpense`	$-3.21K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-62.69K	USD	90 Qtrs
Interest expense	`InterestExpense`	$-43.04K	USD	1 Quarter
Interest expense	`InterestExpense`	$-44.97K	USD	2 Qtrs
Interest expense	`InterestExpense`	$-1.65K	USD	1 Quarter
Total other expense	`OtherExpenses`	$-3.21K	USD	2 Qtrs
Total other expense	`OtherExpenses`	$-1.65K	USD	1 Quarter
Total other expense	`OtherExpenses`	$-43.04K	USD	1 Quarter
Total other expense	`OtherExpenses`	$-44.97K	USD	2 Qtrs
Total other expense	`OtherExpenses`	$-60.34K	USD	90 Qtrs
Net income (loss)	`NetIncomeLoss`	$-15.80K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-50.56K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-424.90K	USD	90 Qtrs
Net income (loss)	`NetIncomeLoss`	$-60.77K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.05K	USD	1 Quarter
Basic income (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic income (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic income (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	2 Qtrs
Basic income (loss) per common share	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	2 Qtrs
Basic weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.08M	shares	1 Quarter
Basic weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	950,687.00	shares	2 Qtrs
Basic weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.51M	shares	2 Qtrs
Basic weighted average common shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	950,687.00	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-60.77K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-424.90K	USD	90 Qtrs
Net loss	`ProfitLoss`	$-15.80K	USD	2 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	-	USD	2 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	$-2.35K	USD	90 Qtrs
Gain on forgiveness of debt	`GainOnForgivenessOfDebt`	-	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$40.00K	USD	90 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$40.00K	USD	2 Qtrs
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$26.25K	USD	90 Qtrs
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$3.80K	USD	2 Qtrs
Shares issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Decrease in prepaid expense	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Decrease in prepaid expense	`IncreaseDecreaseInPrepaidExpense`	$182.00	USD	2 Qtrs
Decrease in prepaid expense	`IncreaseDecreaseInPrepaidExpense`	-	USD	90 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-10.22K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$3.79K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.88K	USD	90 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$750.00	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$750.00	USD	90 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	2 Qtrs
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-335.25K	USD	90 Qtrs
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.62K	USD	2 Qtrs
Net Cash from Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.49K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$-2.25K	USD	90 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$-2.25K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.25K	USD	90 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.25K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from issuance of Common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of Common stock	`ProceedsFromIssuanceOfCommonStock`	$9.00K	USD	2 Qtrs
Proceeds from issuance of Common stock	`ProceedsFromIssuanceOfCommonStock`	$200.00K	USD	90 Qtrs
Proceeds from Related Party Debt	`ProceedsFromRelatedPartyDebt`	$101.12K	USD	90 Qtrs
Proceeds from Related Party Debt	`ProceedsFromRelatedPartyDebt`	$2.74K	USD	2 Qtrs
Proceeds from Related Party Debt	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Payments on Related Party Debt	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Payments on Related Party Debt	`RepaymentsOfRelatedPartyDebt`	-	USD	90 Qtrs
Payments on Related Party Debt	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from Convertible Notes/ Loans Payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from Convertible Notes/ Loans Payable	`ProceedsFromNotesPayable`	$59.19K	USD	2 Qtrs
Proceeds from Convertible Notes/ Loans Payable	`ProceedsFromNotesPayable`	$59.19K	USD	90 Qtrs
Payments on Convertible Notes/ Loans Payable	`RepaymentsOfConvertibleDebt`	$-35.69K	USD	90 Qtrs
Payments on Convertible Notes/ Loans Payable	`RepaymentsOfConvertibleDebt`	$-35.69K	USD	2 Qtrs
Payments on Convertible Notes/ Loans Payable	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Payments on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfNotesPayable`	$-500.00	USD	90 Qtrs
Payments on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payments on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	2 Qtrs
Proceeds on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$16.15K	USD	90 Qtrs
Proceeds on Convertible Notes/ Loans Payable- RP	`ProceedsFromRepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$340.27K	USD	90 Qtrs
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$9.00K	USD	2 Qtrs
Net Cash from Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$26.24K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.50K	USD	2 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.77K	USD	90 Qtrs
Net Increase (Decrease) in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$383.00	USD	2 Qtrs
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.77K	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.00	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$796.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$413.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$2.77K	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$270.00	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending Cash Balance	`CashAndCashEquivalentsAtCarryingValue`	$796.00	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	-	USD	90 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Cash paid for tax	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for tax	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for tax	`IncomeTaxesPaidNet`	-	USD	90 Qtrs
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	$59.21K	USD	90 Qtrs
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	-	USD	2 Qtrs
Common Stock Issued for Debt	`DebtConversionConvertedInstrumentAmount1`	$40.00K	USD	2 Qtrs
Shares issued to acquire fixed assets, net of liabilities assumed	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	-	USD	2 Qtrs
Shares issued to acquire fixed assets, net of liabilities assumed	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$424.07K	USD	2 Qtrs
Shares issued to acquire fixed assets, net of liabilities assumed	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$424.07K	USD	90 Qtrs
Shares issued to acquire intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$42.38K	USD	2 Qtrs
Shares issued to acquire intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$42.38K	USD	90 Qtrs
Shares issued to acquire intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	2 Qtrs

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