$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

$bmnr Overview Financials Valuation SEC Filings Company Website

2022 Q4 Form 10-K Financial Statement

#000168316822008295 Filed on December 09, 2022

Income Statement

Concept	2022 Q4	2022 Q3	2022
Revenue	$101.7K	$61.83K	$427.7K
YoY Change
Cost Of Revenue	$118.5K	$224.9K	$556.7K
YoY Change
Gross Profit	-$16.76K	-$163.0K	-$129.0K
YoY Change
Gross Profit Margin	-16.48%	-263.67%	-30.17%
Selling, General & Admin	$348.7K	$427.3K	$1.574M
YoY Change	-47.49%	348.81%	1093.76%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$59.05K	-$4.670K	$3.125K
YoY Change
% of Gross Profit
Operating Expenses	$475.1K	$427.3K	$1.585M
YoY Change	-28.45%	348.82%	1102.51%
Operating Profit	-$491.9K	-$590.3K	-$1.714M
YoY Change	-25.92%		1200.45%
Interest Expense	$4.290K	-$94.88K	-$291.1K
YoY Change	-109.6%	1124.26%	1198.17%
% of Operating Profit
Other Income/Expense, Net	$21.23K	-$12.25K	-$291.0K
YoY Change	-147.48%		1197.93%
Pretax Income	-$470.7K	-$697.4K	-$2.005M
YoY Change	-33.59%	577.46%	1200.07%
Income Tax
% Of Pretax Income
Net Earnings	-$470.7K	-$697.4K	-$2.005M
YoY Change	-33.59%	577.46%	1200.07%
Net Earnings / Revenue	-462.72%	-1128.0%	-468.88%
Basic Earnings Per Share	-$0.01		-$0.05
Diluted Earnings Per Share	-$0.01	-$14.93K	-$0.05
COMMON SHARES
Basic Shares Outstanding	48.71M shares	47.10M shares	43.11M shares
Diluted Shares Outstanding	48.69M shares		43.11M shares

Balance Sheet

Concept	2022 Q4	2022 Q3	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$180.7K	$392.6K	$392.6K
YoY Change	27.16%	79.46%	79.46%
Cash & Equivalents	$180.6K	$392.6K	$392.6K
Short-Term Investments
Other Short-Term Assets	$5.000K	$5.000K	$5.000K
YoY Change
Inventory
Prepaid Expenses	$5.000K	$5.000K
Receivables	$865.8K	$491.4K	$491.4K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.051M	$888.9K	$889.0K
YoY Change	640.12%	306.4%	306.4%
LONG-TERM ASSETS
Property, Plant & Equipment	$410.2K	$21.88K	$21.88K
YoY Change		-94.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$987.4K
YoY Change
Other Assets	$4.402M	$6.531M	$6.531M
YoY Change	131.14%	1428.44%	1428.44%
Total Long-Term Assets	$7.155M	$7.085M	$7.085M
YoY Change	275.7%	1558.16%	1558.18%
TOTAL ASSETS
Total Short-Term Assets	$1.051M	$888.9K	$889.0K
Total Long-Term Assets	$7.155M	$7.085M	$7.085M
Total Assets	$8.206M	$7.974M	$7.974M
YoY Change	300.99%	1134.33%	1134.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$51.73K	$84.76K	$84.76K
YoY Change	80.17%	2203.29%	2203.26%
Accrued Expenses	$4.810K	$0.00	$0.00
YoY Change	-93.0%	-100.0%	-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$400.0K	$0.00	$0.00
YoY Change	-77.11%	-100.0%	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$775.6K	$317.7K	$317.7K
YoY Change	-57.95%	11.28%	11.28%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$421.8K	$252.3K	$252.3K
YoY Change
Total Long-Term Liabilities	$421.8K	$252.3K	$252.3K
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$775.6K	$317.7K	$317.7K
Total Long-Term Liabilities	$421.8K	$252.3K	$252.3K
Total Liabilities	$1.197M	$570.0K	$570.0K
YoY Change	-35.09%	99.66%	99.66%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.937M	-$2.467M
YoY Change		434.66%
Common Stock	$4.878K	$4.861K
YoY Change		20.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.009M	$7.404M	$7.404M
YoY Change
Total Liabilities & Shareholders Equity	$8.206M	$7.974M	$7.974M
YoY Change	300.99%	1134.33%	1134.34%

Cashflow Statement

Concept	2022 Q4	2022 Q3	2022
OPERATING ACTIVITIES
Net Income	-$470.7K	-$697.4K	-$2.005M
YoY Change	-33.59%	577.46%	1200.07%
Depreciation, Depletion And Amortization	$59.05K	-$4.670K	$3.125K
YoY Change
Cash From Operating Activities	-$1.183M	-$1.333M	-$1.629M
YoY Change	1601.55%	3253.36%	2033.63%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	-$3.680M	$6.107M
YoY Change	-100.0%	761.33%	-1529.28%
Acquisitions
YoY Change
Other Investing Activities	$571.0K
YoY Change
Cash From Investing Activities	$571.0K	-$3.680M	-$6.107M
YoY Change	-138.66%	761.33%	1329.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$400.0K	4.906M	$7.910M
YoY Change	-72.79%	619.04%	997.96%
NET CHANGE
Cash From Operating Activities	-$1.183M	-1.333M	-$1.629M
Cash From Investing Activities	$571.0K	-3.680M	-$6.107M
Cash From Financing Activities	$400.0K	4.906M	$7.910M
Net Change In Cash	-$211.9K	-107.4K	$173.8K
YoY Change	176.38%	-149.88%	-19.83%
FREE CASH FLOW
Cash From Operating Activities	-$1.183M	-$1.333M	-$1.629M
Capital Expenditures	$0.00	-$3.680M	$6.107M
Free Cash Flow	-$1.183M	$2.348M	-$7.737M
YoY Change	-184.04%	505.73%	-2304.52%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	491395	usd
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	218737	usd
CY2022Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5000	usd
CY2022Q1	dei	Entity Public Float EntityPublicFloat	22641290	usd
CY2022Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	48706915	shares
CY2021Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2022	dei	Entity Central Index Key EntityCentralIndexKey	0001829311
CY2022	dei	Amendment Flag AmendmentFlag	false
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2022Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-08-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--08-31
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	000-56220
CY2022	dei	Entity Registrant Name EntityRegistrantName	BITMINE IMMERSION TECHNOLOGIES, INC.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-3986354
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	2030 Powers Ferry Road SE
CY2022	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 212
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Atlanta
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	GA
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	30339
CY2022	dei	City Area Code CityAreaCode	(404)
CY2022	dei	Local Phone Number LocalPhoneNumber	816-8240
CY2022	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2022	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022	dei	Entity Small Business EntitySmallBusiness	true
CY2022	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2022	dei	Entity Shell Company EntityShellCompany	false
CY2022	dei	Auditor Name AuditorName	BF Borgers CPA PC
CY2022	dei	Auditor Firm AuditorFirmId	5041
CY2022	dei	Auditor Location AuditorLocation	Lakewood, CO
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	392550	usd
CY2021Q3	us-gaap	Receivables Net Current ReceivablesNetCurrent	0	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	888945	usd
CY2021Q3	us-gaap	Assets Current AssetsCurrent	218737	usd
CY2022Q3	NONE	Cryptocurrency Cryptocurrency	21434	usd
CY2021Q3	NONE	Cryptocurrency Cryptocurrency	0	usd
CY2022Q3	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	532345	usd
CY2021Q3	us-gaap	Long Term Accounts Notes And Loans Receivable Net Noncurrent LongTermAccountsNotesAndLoansReceivableNetNoncurrent	0	usd
CY2022Q3	NONE	Fixed Assets Net FixedAssetsNet	21875	usd
CY2021Q3	NONE	Fixed Assets Net FixedAssetsNet	0	usd
CY2022Q3	NONE	Fixed Assets Not In Service FixedAssetsNotInService	6509602	usd
CY2021Q3	NONE	Fixed Assets Not In Service FixedAssetsNotInService	427296	usd
CY2022Q3	us-gaap	Assets Assets	7974201	usd
CY2021Q3	us-gaap	Assets Assets	646033	usd
CY2022Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	84761	usd
CY2021Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	3680	usd
CY2022Q3	us-gaap	Interest Payable Current InterestPayableCurrent	0	usd
CY2021Q3	us-gaap	Interest Payable Current InterestPayableCurrent	4505	usd
CY2022Q3	NONE	Loans Payable Related Party LoansPayableRelatedParty	0	usd
CY2021Q3	NONE	Loans Payable Related Party LoansPayableRelatedParty	277296	usd
CY2022Q3	us-gaap	Deferred Revenue DeferredRevenue	232913	usd
CY2021Q3	us-gaap	Deferred Revenue DeferredRevenue	0	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	317673	usd
CY2021Q3	us-gaap	Liabilities Current LiabilitiesCurrent	285481	usd
CY2022Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	252322	usd
CY2021Q3	us-gaap	Deferred Revenue Noncurrent DeferredRevenueNoncurrent	0	usd
CY2022Q3	us-gaap	Liabilities Liabilities	569995	usd
CY2021Q3	us-gaap	Liabilities Liabilities	285481	usd
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2021Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	48606915	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	48606915	shares
CY2021Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	40433399	shares
CY2021Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40433399	shares
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	4861	usd
CY2021Q3	us-gaap	Common Stock Value CommonStockValue	4043	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	9865866	usd
CY2021Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	817842	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2466566	usd
CY2021Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-461334	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	7404205	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	360551	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7974201	usd
CY2021Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	646033	usd
CY2022	us-gaap	Revenues Revenues	427668	usd
CY2021	us-gaap	Revenues Revenues	0	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	556699	usd
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	0	usd
CY2022	us-gaap	Gross Profit GrossProfit	-129030	usd
CY2021	us-gaap	Gross Profit GrossProfit	0	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	227597	usd
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	63815	usd
CY2022	us-gaap	Professional Fees ProfessionalFees	856925	usd
CY2021	us-gaap	Professional Fees ProfessionalFees	0	usd
CY2022	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	489096	usd
CY2021	us-gaap	Costs And Expenses Related Party CostsAndExpensesRelatedParty	68000	usd
CY2022	NONE	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	11535	usd
CY2021	NONE	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	0	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	1585154	usd
CY2021	us-gaap	Operating Expenses OperatingExpenses	131815	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-1714184	usd
CY2021	us-gaap	Operating Income Loss OperatingIncomeLoss	-131815	usd
CY2022	us-gaap	Interest Expense Other InterestExpenseOther	291048	usd
CY2021	us-gaap	Interest Expense Other InterestExpenseOther	22424	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-291048	usd
CY2021	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-22424	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-2005233	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-154239	usd
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
CY2021	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	43107688	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	43107688	shares
CY2021	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9758184	shares
CY2021	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9758184	shares
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	-50075	usd
CY2021	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	493615	usd
CY2021	NONE	Stock Based Compensation Related Party Value StockBasedCompensationRelatedPartyValue	67500	usd
CY2021	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3750	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-154239	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	360551	usd
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	360551	usd
CY2022	NONE	Stock Based Compensation Related Party Value StockBasedCompensationRelatedPartyValue	108741	usd
CY2022	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	3039662	usd
CY2022	NONE	Series Preferred For Services Related Party SeriesPreferredForServicesRelatedParty	0	usd
CY2022	NONE	Common Stock Issued For Services Related Party CommonStockIssuedForServicesRelatedParty	110000	usd
CY2022	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	637964	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	5152500	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-2005233	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	7404205	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-2005233	usd
CY2021	us-gaap	Net Income Loss NetIncomeLoss	-154239	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	856724	usd
CY2021	us-gaap	Share Based Compensation ShareBasedCompensation	71250	usd
CY2022	us-gaap	Depreciation Depreciation	3125	usd
CY2021	us-gaap	Depreciation Depreciation	0	usd
CY2022	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	1023741	usd
CY2021	us-gaap	Increase Decrease In Notes Receivables IncreaseDecreaseInNotesReceivables	-0	usd
CY2022	NONE	Increase Decrease In Cryptocurrencies IncreaseDecreaseInCryptocurrencies	21434	usd
CY2021	NONE	Increase Decrease In Cryptocurrencies IncreaseDecreaseInCryptocurrencies	-0	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	5000	usd
CY2021	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-0	usd
CY2022	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	81081	usd
CY2021	us-gaap	Increase Decrease In Other Accounts Payable IncreaseDecreaseInOtherAccountsPayable	3680	usd
CY2022	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	485234	usd
CY2021	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	0	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	0	usd
CY2021	us-gaap	Increase Decrease In Accounts Payable Related Parties IncreaseDecreaseInAccountsPayableRelatedParties	2948	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1629243	usd
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-76361	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	6107306	usd
CY2021	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	427296	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6107306	usd
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-427296	usd
CY2022	NONE	Common Shares Sold In Private Placement CommonSharesSoldInPrivatePlacement	5152500	usd
CY2021	NONE	Common Shares Sold In Private Placement CommonSharesSoldInPrivatePlacement	493615	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	2757861	usd
CY2021	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	226849	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	7910361	usd
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	720464	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	173812	usd
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	216807	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	218737	usd
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1930	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	392550	usd
CY2021Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	218737	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2021	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_zeABDG9yxJXb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_86E_zsH6wer196V9">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. The most significant estimates relate to the calculation of stock-based compensation, useful lives and recoverability of long-lived assets, income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. There have been no material changes to the Company’s accounting estimates since the Company’s financial statements for the fiscal year ended August 31, 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q3	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	2744108	usd
CY2022Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	295554	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	392550	usd
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	218737	usd
CY2022	NONE	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	11535	usd
CY2022Q3	NONE	Fixed Assets Not In Service FixedAssetsNotInService	6509602	usd
CY2021Q3	NONE	Fixed Assets Not In Service FixedAssetsNotInService	427296	usd
CY2022	us-gaap	Equipment Expense EquipmentExpense	25000	usd
CY2021	us-gaap	Equipment Expense EquipmentExpense	0	usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3125	usd
CY2021	us-gaap	Depreciation And Amortization DepreciationAndAmortization	0	usd
CY2021Q3	NONE	Cryptocurrency Cryptocurrency	0	usd
CY2022	NONE	Revenue Received From Hosting And Self Mining RevenueReceivedFromHostingAndSelfMining	32969	usd
CY2022	NONE	Impairment Of Cryptocurrency ImpairmentOfCryptocurrency	11535	usd
CY2022Q3	NONE	Cryptocurrency Cryptocurrency	21434	usd
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2021Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	48606915	shares
CY2021Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	40433399	shares
CY2022Q1	us-gaap	Share Price SharePrice	1.25
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	427669	usd
CY2021	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	0	usd
CY2021Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	-0	usd
CY2022	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3125	usd
CY2021	us-gaap	Depreciation And Amortization DepreciationAndAmortization	0	usd
CY2022Q3	us-gaap	Notes Receivable Net NotesReceivableNet	1023741	usd
CY2021Q3	us-gaap	Notes Receivable Net NotesReceivableNet	0	usd
CY2022	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	168750	usd
CY2022Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	168750	usd
CY2022Q1	NONE	Purchase Price PurchasePrice	337500	usd
CY2022Q1	us-gaap	Notes Payable NotesPayable	168750	usd
CY2022Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	168750	usd
CY2022Q3	us-gaap	Receivable With Imputed Interest Effective Yield Interest Rate ReceivableWithImputedInterestEffectiveYieldInterestRate	0.075	pure
CY2022	us-gaap	Debt Instrument Decrease Forgiveness DebtInstrumentDecreaseForgiveness	3039662	usd
CY2022Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice	1.25
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.0004	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	2.233	pure
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	-0	pure
CY2022Q3	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	10
CY2022Q3	us-gaap	Temporary Equity Liquidation Preference TemporaryEquityLiquidationPreference	2000000	usd
CY2022	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	3039662	usd
CY2022	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	303966	shares

Files In Submission

Name	View Source	Status
0001683168-22-008295-index-headers.html	Edgar Link	pending
0001683168-22-008295-index.html	Edgar Link	pending
0001683168-22-008295.txt	Edgar Link	pending
0001683168-22-008295-xbrl.zip	Edgar Link	pending
bitmine_ex3101.htm	Edgar Link	pending
bitmine_ex3102.htm	Edgar Link	pending
bitmine_ex3201.htm	Edgar Link	pending
bitmine_ex3202.htm	Edgar Link	pending
bitmine_i10k-083122.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
none-20220831.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
none-20220831_pre.xml	Edgar Link	unprocessable
none-20220831_lab.xml	Edgar Link	unprocessable
none-20220831_cal.xml	Edgar Link	unprocessable
bitmine_i10k-083122_htm.xml	Edgar Link	completed
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
none-20220831_def.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2022 Q4 Form 10-K Financial Statement

#000168316822008295 Filed on December 09, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr

2022 Q4 Form 10-K Financial Statement

#000168316822008295 Filed on December 09, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$BMNR
BITMINE IMMERSION TECHNOLOGIES, INC. Stock $bmnr