10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001663577-19-000068 |
| Period End Date | 20181231 |
| Filing Date | 20190214 |
| Fiscal Year | 2019 |
| Fiscal Period | Q1 |
| XBRL Instance | clsk-20181231.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
63 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 |
| Common Stock, Shares authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Cash |
Cash
|
$4.62M | USD | Point-in-time |
| Common Stock, shares issued |
CommonStockSharesIssued
|
36.12M | shares | Point-in-time |
| Cash |
Cash
|
$412.78K | USD | Point-in-time |
| Common Stock, shares issued |
CommonStockSharesIssued
|
36.68M | shares | Point-in-time |
| Preferred Stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred Stock, par value |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$34.14K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$148.63K | USD | Point-in-time |
| Preferred Stock, Shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Cost in excess of billings |
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
- | USD | Point-in-time |
| Preferred Stock, Shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Prepaid expense and other current assets |
PrepaidExpenseCurrentAndNoncurrent
|
$26.87K | USD | Point-in-time |
| Preferred Stock, shares issued |
PreferredStockSharesIssued
|
1.00M | shares | Point-in-time |
| Preferred Stock, shares issued |
PreferredStockSharesIssued
|
1.00M | shares | Point-in-time |
| Prepaid expense and other current assets |
PrepaidExpenseCurrentAndNoncurrent
|
$49.02K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$548.38K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.80M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$86.73K | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$78.97K | USD | Point-in-time |
| Capitalized Software, net |
CapitalizedComputerSoftwareNet
|
$8.58M | USD | Point-in-time |
| Capitalized Software, net |
CapitalizedComputerSoftwareNet
|
$8.79M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsCurrent
|
$3.07M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsCurrent
|
$3.21M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.92M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.92M | USD | Point-in-time |
| Total assets |
Assets
|
$21.44M | USD | Point-in-time |
| Total assets |
Assets
|
$17.56M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$384.69K | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$131.72K | USD | Point-in-time |
| Convertible notes, net of unamortized discounts |
ConvertibleNotesPayable
|
$69.12K | USD | Point-in-time |
| Convertible notes, net of unamortized discounts |
ConvertibleNotesPayable
|
$353.83K | USD | Point-in-time |
| Due to related parties |
NotesPayableRelatedPartiesClassifiedCurrent
|
$85.73K | USD | Point-in-time |
| Due to related parties |
NotesPayableRelatedPartiesClassifiedCurrent
|
$308.37K | USD | Point-in-time |
| Loans from related parties |
DueToRelatedPartiesCurrent
|
$244.72K | USD | Point-in-time |
| Loans from related parties |
DueToRelatedPartiesCurrent
|
$382.79K | USD | Point-in-time |
| Loans payable, net of unamortized discounts |
AccountsNotesAndLoansReceivableNetCurrent
|
$541.48K | USD | Point-in-time |
| Loans payable, net of unamortized discounts |
AccountsNotesAndLoansReceivableNetCurrent
|
$457.58K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.61M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.35M | USD | Point-in-time |
| Convertible notes, net of unamortized discounts |
ConvertibleNotesNetOfUnamorizedLongTerm
|
- | USD | Point-in-time |
| Convertible notes, net of unamortized discounts |
ConvertibleNotesNetOfUnamorizedLongTerm
|
- | USD | Point-in-time |
| Loans payable |
LoansPayable
|
$150.00K | USD | Point-in-time |
| Loans payable |
LoansPayable
|
- | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.50M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.61M | USD | Point-in-time |
| Common stock; $0.001 par value; 100,000,000 shares authorized; 36,679,197 and 36,116,447 shares issued and outstanding as of September 30, 2018 and September 30, 2017, respectively |
CommonStockValue
|
$36.68K | USD | Point-in-time |
| Common stock; $0.001 par value; 100,000,000 shares authorized; 36,679,197 and 36,116,447 shares issued and outstanding as of September 30, 2018 and September 30, 2017, respectively |
CommonStockValue
|
$36.12K | USD | Point-in-time |
| Preferred stock; $0.001 par value; 10,000,000 shares authorized; 1,000,000 and 1,000,000 shares issued and outstanding as of September 30, 2018 and September 30, 2017, respectively |
PreferredStockValue
|
$1.00K | USD | Point-in-time |
| Preferred stock; $0.001 par value; 10,000,000 shares authorized; 1,000,000 and 1,000,000 shares issued and outstanding as of September 30, 2018 and September 30, 2017, respectively |
PreferredStockValue
|
$1.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$82.96M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$89.02M | USD | Point-in-time |
| Accumulated earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$-69.22M | USD | Point-in-time |
| Accumulated earnings (deficit) |
RetainedEarningsAccumulatedDeficit
|
$-66.94M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$19.83M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$19.46M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$20.34M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$16.06M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$21.44M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$17.56M | USD | Point-in-time |
Income Statement
34 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues, net |
Revenues
|
$262.91K | USD | 1 Quarter |
| Revenues, net |
Revenues
|
$18.08K | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
$6.47K | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
$223.33K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$11.61K | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$39.58K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$155.00K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$1.02M | USD | 1 Quarter |
| Payroll expenses |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$160.35K | USD | 1 Quarter |
| Payroll expenses |
IncreaseDecreaseInEmployeeRelatedLiabilities
|
$258.20K | USD | 1 Quarter |
| Product development |
BusinessDevelopment
|
$348.66K | USD | 1 Quarter |
| Product development |
BusinessDevelopment
|
$344.87K | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
- | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$2.31K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$96.99K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$75.94K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$215.67K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$157.48K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.05M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.78M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-1.04M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-1.74M | USD | 1 Quarter |
| Loss on settlement of debt |
GainsLossesOnRestructuringOfDebt
|
- | USD | 1 Quarter |
| Loss on settlement of debt |
GainsLossesOnRestructuringOfDebt
|
$-26.23K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$16.13K | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$517.42K | USD | 1 Quarter |
| Total other income (expense) |
OtherExpenses
|
$543.64K | USD | 1 Quarter |
| Total other income (expense) |
OtherExpenses
|
$16.13K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.28M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-47.01M | USD | 1 Quarter |
| Basic loss per common share |
EarningsPerShareBasic
|
$-0.06 | USD | 1 Quarter |
| Basic loss per common share |
EarningsPerShareBasic
|
$-0.03 | USD | 1 Quarter |
| Basic weighted average common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
36.53M | shares | 1 Quarter |
| Basic weighted average common shares outstanding |
WeightedAverageNumberOfSharesOutstandingBasic
|
33.50M | shares | 1 Quarter |
Cash Flow Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-2.28M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-47.01M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$649.21K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$24.75K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$157.48K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$215.67K | USD | 1 Quarter |
| Amortization of capitalized software |
AmortizationOfCapitalizedSoftware
|
$348.66K | USD | 1 Quarter |
| Amortization of capitalized software |
AmortizationOfCapitalizedSoftware
|
$344.87K | USD | 1 Quarter |
| Loss on settlement of debt |
DebtorReorganizationItemsImpairmentLoss
|
- | USD | 1 Quarter |
| Loss on settlement of debt |
DebtorReorganizationItemsImpairmentLoss
|
$26.23K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfFinancingCosts
|
$466.34K | USD | 1 Quarter |
| Amortization of debt discount |
AmortizationOfFinancingCosts
|
- | USD | 1 Quarter |
| (Increase) decrease in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpense
|
$-23.75K | USD | 1 Quarter |
| (Increase) decrease in prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpense
|
$22.16K | USD | 1 Quarter |
| Increase in deferred revenue |
DeferredRevenuePeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Increase in deferred revenue |
DeferredRevenuePeriodIncreaseDecrease
|
- | USD | 1 Quarter |
| Decrease in costs in excess of billings |
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
- | USD | 1 Quarter |
| Decrease in costs in excess of billings |
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
$52.44K | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$15.55K | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-114.48K | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$25.45K | USD | 1 Quarter |
| Increase in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$252.97K | USD | 1 Quarter |
| Increase (decrease) in due to related parties |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$69.11K | USD | 1 Quarter |
| Increase (decrease) in due to related parties |
IncreaseDecreaseInAccountsPayableRelatedParties
|
$-222.64K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-384.86K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-666.44K | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
- | USD | 1 Quarter |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$2.91K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.18K | USD | 1 Quarter |
| Purchase of fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.93K | USD | 1 Quarter |
| Investment in capitalized software |
InvestmentCompanyCommittedCapital
|
$117.77K | USD | 1 Quarter |
| Investment in capitalized software |
InvestmentCompanyCommittedCapital
|
$12.55K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-120.70K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-17.64K | USD | 1 Quarter |
| Payments on promissory notes |
RepaymentsOfSubordinatedShortTermDebt
|
$15.21K | USD | 1 Quarter |
| Payments on promissory notes |
RepaymentsOfSubordinatedShortTermDebt
|
$222.72K | USD | 1 Quarter |
| Proceeds from promissory notes |
ProceedsFromOtherShortTermDebt
|
- | USD | 1 Quarter |
| Proceeds from promissory notes |
ProceedsFromOtherShortTermDebt
|
$125.00K | USD | 1 Quarter |
| Proceeds from related part debts |
ProceedsFromRelatedPartyDebt
|
- | USD | 1 Quarter |
| Proceeds from related part debts |
ProceedsFromRelatedPartyDebt
|
$75.03K | USD | 1 Quarter |
| Payments on related party debts |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$-20.00K | USD | 1 Quarter |
| Payments on related party debts |
ProceedsFromRepaymentsOfRelatedPartyDebt
|
$-213.10K | USD | 1 Quarter |
| Proceeds from convertible debt, net of issuance costs |
ProceedsFromConvertibleDebt
|
$5.00M | USD | 1 Quarter |
| Proceeds from convertible debt, net of issuance costs |
ProceedsFromConvertibleDebt
|
- | USD | 1 Quarter |
| Proceeds from exercise of warrants |
ProceedsFromWarrantExercises
|
$1.09K | USD | 1 Quarter |
| Proceeds from exercise of warrants |
ProceedsFromWarrantExercises
|
$10.00K | USD | 1 Quarter |
| Proceeds from long term loans |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
$150.00K | USD | 1 Quarter |
| Proceeds from long term loans |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
- | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$361.80K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$137.50K | USD | 1 Quarter |
| Net cash from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.00M | USD | 1 Quarter |
| Net cash from financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$387.29K | USD | 1 Quarter |
| Net increase (decrease) in Cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$4.21M | USD | 1 Quarter |
| Net increase (decrease) in Cash |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-15.22K | USD | 1 Quarter |
| Beginning cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$4.62M | USD | Point-in-time |
| Beginning cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$57.13K | USD | Point-in-time |
| Beginning cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$412.78K | USD | Point-in-time |
| Beginning cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$41.91K | USD | Point-in-time |
| Ending cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$4.62M | USD | Point-in-time |
| Ending cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$57.13K | USD | Point-in-time |
| Ending cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$412.78K | USD | Point-in-time |
| Ending cash balance |
CashAndCashEquivalentsAtCarryingValue
|
$41.91K | USD | Point-in-time |
| Cash paid for interest |
InterestPaidNet
|
$11.28K | USD | 1 Quarter |
| Cash paid for interest |
InterestPaidNet
|
$49.75K | USD | 1 Quarter |
| Cash paid for tax |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Cash paid for tax |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Shares issued as collateral returned to treasury |
SharesIssuedAsCollateralReturnedToTreasury
|
138.00 | shares | 1 Quarter |
| Shares issued as collateral returned to treasury |
SharesIssuedAsCollateralReturnedToTreasury
|
- | shares | 1 Quarter |
| Stock issued to promissory notes |
StockIssuedToPromissoryNotes
|
- | shares | 1 Quarter |
| Stock issued to promissory notes |
StockIssuedToPromissoryNotes
|
51,225.00 | shares | 1 Quarter |
| Debt discount on convertible debt |
DebtDiscountOnConvertibleDebt
|
- | USD | 1 Quarter |
| Debt discount on convertible debt |
DebtDiscountOnConvertibleDebt
|
$5.00M | USD | 1 Quarter |
| Shares issued and held in escrow as collateral |
IncreaseDecreaseInDepositOtherAssets
|
$150.00 | USD | 1 Quarter |
| Shares issued and held in escrow as collateral |
IncreaseDecreaseInDepositOtherAssets
|
- | USD | 1 Quarter |
| Option expense capitalized as software development costs |
OptionsWarrantsIssuedForServices
|
21,250.00 | shares | 1 Quarter |
| Option expense capitalized as software development costs |
OptionsWarrantsIssuedForServices
|
- | shares | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance, amount |
StockholdersEquity
|
$19.83M | USD | Point-in-time |
| Beginning balance, amount |
StockholdersEquity
|
$19.46M | USD | Point-in-time |
| Beginning balance, amount |
StockholdersEquity
|
$20.34M | USD | Point-in-time |
| Beginning balance, amount |
StockholdersEquity
|
$16.06M | USD | Point-in-time |
| Shares issued for services, amount |
StockIssuedDuringPeriodValueIssuedForServices
|
$271.73K | USD | 1 Quarter |
| Shares issued for services, amount |
StockIssuedDuringPeriodValueIssuedForServices
|
- | USD | 1 Quarter |
| Option and warrants issued for services, amount |
OptionAndWarrantsIssuedForServicesAmount
|
$377.48K | USD | 1 Quarter |
| Option and warrants issued for services, amount |
OptionAndWarrantsIssuedForServicesAmount
|
$24.75K | USD | 1 Quarter |
| Shares issued upon exercise of warrants, amount |
SharesIssuedUponExerciseOfWarrantsAmount
|
$10.00K | USD | 1 Quarter |
| Shares issued upon exercise of warrants, amount |
SharesIssuedUponExerciseOfWarrantsAmount
|
$1.09K | USD | 1 Quarter |
| Beneficial conversion feature and shares and warrants issued with convertible debt, amount |
CommitmentAndReturnableSharesIssuedWithDebtAmount
|
$5.00M | USD | 1 Quarter |
| Beneficial conversion feature and shares and warrants issued with convertible debt, amount |
CommitmentAndReturnableSharesIssuedWithDebtAmount
|
- | USD | 1 Quarter |
| Shares issued for direct investment, shares |
StockIssuedDuringPeriodSharesNewIssues
|
452,250.00 | shares | 1 Quarter |
| Shares issued for direct investment, amount |
StockIssuedDuringPeriodValueNewIssues
|
$137.50K | USD | 1 Quarter |
| Shares issued for direct investment, amount |
StockIssuedDuringPeriodValueNewIssues
|
$361.80K | USD | 1 Quarter |
| Shares issued for settlement of debt, amount |
StockIssuedDuringPeriodValueSettlementOfDebt
|
- | USD | 1 Quarter |
| Shares issued for settlement of debt, amount |
StockIssuedDuringPeriodValueSettlementOfDebt
|
$51.23K | USD | 1 Quarter |
| Commitment shares returned and cancelled, amount |
CommitmentSharesReturnedAndCancelledAmount
|
- | USD | 1 Quarter |
| Commitment shares returned and cancelled, amount |
CommitmentSharesReturnedAndCancelledAmount
|
- | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-2.28M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-47.01M | USD | 1 Quarter |
| Ending balance, amount |
StockholdersEquity
|
$19.83M | USD | Point-in-time |
| Ending balance, amount |
StockholdersEquity
|
$19.46M | USD | Point-in-time |
| Ending balance, amount |
StockholdersEquity
|
$20.34M | USD | Point-in-time |
| Ending balance, amount |
StockholdersEquity
|
$16.06M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.