2022 Q3 Form 10-K Financial Statement
#000147793222007238 Filed on September 28, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | $555.4K | $655.3K | $6.550M |
YoY Change | -71.0% | -26.39% | 253.8% |
Cost Of Revenue | $768.9K | $859.8K | $3.868M |
YoY Change | -28.34% | 185.25% | 320.31% |
Gross Profit | -$213.5K | -$204.5K | $2.682M |
YoY Change | -125.36% | -134.72% | 188.04% |
Gross Profit Margin | -38.45% | -31.2% | 40.94% |
Selling, General & Admin | $393.3K | $817.1K | $3.215M |
YoY Change | 86.05% | -85.64% | -85.77% |
% of Gross Profit | 119.91% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $432.2K | $474.8K | $135.5K |
YoY Change | 43.66% | 297.89% | -66.87% |
% of Gross Profit | 5.05% | ||
Operating Expenses | $393.3K | $817.1K | $3.215M |
YoY Change | 86.05% | -85.64% | -85.77% |
Operating Profit | -$606.8K | -$1.022M | -$533.8K |
YoY Change | -196.2% | -79.97% | -97.54% |
Interest Expense | $108.9K | -$148.0K | $18.29K |
YoY Change | 28395.29% | 9.31% | -103.41% |
% of Operating Profit | |||
Other Income/Expense, Net | -$179.6K | -$31.69K | |
YoY Change | -125.06% | -447.11% | |
Pretax Income | -$786.4K | -$1.324M | -$565.5K |
YoY Change | -158.36% | -74.82% | -97.48% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$786.4K | -$1.324M | -$565.5K |
YoY Change | -158.36% | -74.82% | -97.48% |
Net Earnings / Revenue | -141.6% | -201.99% | -8.63% |
Basic Earnings Per Share | $0.00 | -$0.01 | |
Diluted Earnings Per Share | $0.00 | -$6.454K | -$2.762K |
COMMON SHARES | |||
Basic Shares Outstanding | 246.8M shares | 205.2M shares | 204.7M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $141.1K | $490.3K | $490.3K |
YoY Change | -79.47% | -76.63% | -76.63% |
Cash & Equivalents | $141.1K | $490.3K | |
Short-Term Investments | |||
Other Short-Term Assets | $10.12K | $2.500K | $2.500K |
YoY Change | -83.39% | -98.73% | -98.73% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $151.2K | $15.79M | $492.8K |
YoY Change | -79.79% | 587.9% | -78.53% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $15.19M | $13.28M | $13.28M |
YoY Change | 367.47% | 320.36% | 320.36% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $578.9K | $2.434M | $2.434M |
YoY Change | -93.88% | -68.24% | -68.24% |
Other Assets | $29.78K | $72.89K | $72.89K |
YoY Change | -97.64% | -70.29% | -70.29% |
Total Long-Term Assets | $15.80M | $492.8K | $15.79M |
YoY Change | 13.08% | -95.55% | 42.64% |
TOTAL ASSETS | |||
Total Short-Term Assets | $151.2K | $15.79M | $492.8K |
Total Long-Term Assets | $15.80M | $492.8K | $15.79M |
Total Assets | $15.95M | $16.28M | $16.28M |
YoY Change | 8.36% | 21.83% | 21.83% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $87.11K | $55.96K | $55.96K |
YoY Change | 225.7% | 105.29% | 105.28% |
Accrued Expenses | $65.00K | $9.112K | $9.110K |
YoY Change | 2093.72% | 107.99% | 107.99% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $438.4K | $385.4K | $385.4K |
YoY Change | 5683.64% | 1912.74% | 1912.74% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.965M | $1.564M | $1.564M |
YoY Change | 374.67% | 470.54% | 470.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.965M | $1.564M | $1.564M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $1.965M | $1.564M | $1.564M |
YoY Change | 374.67% | 470.54% | 470.55% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$47.29M | -$46.19M | |
YoY Change | 7.83% | 2.48% | |
Common Stock | $246.8K | $207.2K | |
YoY Change | 20.39% | -96.35% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $9.860M | $10.59M | $14.72M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $15.95M | $16.28M | $16.28M |
YoY Change | 8.36% | 21.83% | 21.83% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$786.4K | -$1.324M | -$565.5K |
YoY Change | -158.36% | -74.82% | -97.48% |
Depreciation, Depletion And Amortization | $432.2K | $474.8K | $135.5K |
YoY Change | 43.66% | 297.89% | -66.87% |
Cash From Operating Activities | -$893.0K | -$619.1K | $55.46K |
YoY Change | -261965.98% | -25.43% | -103.54% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$45.00K | $73.58K |
YoY Change | -98.06% | -102.24% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $543.8K | $495.5K | -$2.194M |
YoY Change | -138.87% | -116.65% | -62.35% |
Cash From Investing Activities | $543.8K | $450.5K | -$2.268M |
YoY Change | -138.87% | -108.51% | -75.13% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $0.00 | 618.2K | $604.9K |
YoY Change | -100.0% | -92.39% | -95.27% |
NET CHANGE | |||
Cash From Operating Activities | -$893.0K | -619.1K | $55.46K |
Cash From Investing Activities | $543.8K | 450.5K | -$2.268M |
Cash From Financing Activities | $0.00 | 618.2K | $604.9K |
Net Change In Cash | -$349.2K | 449.6K | -$1.607M |
YoY Change | -75.24% | -77.49% | -176.87% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$893.0K | -$619.1K | $55.46K |
Capital Expenditures | $0.00 | -$45.00K | $73.58K |
Free Cash Flow | -$893.0K | -$574.1K | -$18.12K |
YoY Change | -261965.98% | -138.64% | -101.05% |
Facts In Submission
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INTEGRATED VENTURES, INC. | |
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NV | |
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18385 Route 287 | |
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M&K CPAS, PLLC | |
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-109603 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8135000 | usd |
CY2021 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
999869 | usd |
CY2021 | intv |
Issuance Of Common Shares For Stock Subscription Amount
IssuanceOfCommonSharesForStockSubscriptionAmount
|
33888 | usd |
CY2021 | intv |
Issuance Of Common Stock For Services Amount
IssuanceOfCommonStockForServicesAmount
|
49149 | usd |
CY2021 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Amount
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockAmount
|
0 | usd |
CY2021 | intv |
Issuance Of Series B Preferred Stock For Officer Compensation Amount
IssuanceOfSeriesBPreferredStockForOfficerCompensationAmount
|
16537500 | usd |
CY2021 | intv |
Issuance Of Series C Preferred Stock For Cash Amount
IssuanceOfSeriesCPreferredStockForCashAmount
|
0 | usd |
CY2021 | intv |
Issuance Of Common Stock As Equity Incentive For Series C Preferred Stock Amount
IssuanceOfCommonStockAsEquityIncentiveForSeriesCPreferredStockAmount
|
0 | usd |
CY2021 | intv |
Issuance Of Series D Preferred Stock For Cash Amount
IssuanceOfSeriesDPreferredStockForCashAmount
|
0 | usd |
CY2021 | intv |
Settlement Of Decrivative Liabilities
SettlementOfDecrivativeLiabilities
|
466093 | usd |
CY2021 | us-gaap |
Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
|
5480000 | usd |
CY2021 | intv |
Preferred Stock Dividends
PreferredStockDividends
|
-193933 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22433081 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8964882 | usd |
CY2022 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Amount
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockAmount
|
0 | usd |
CY2022 | intv |
Issuance Of Series B Preferred Stock For Officer Compensation Amount
IssuanceOfSeriesBPreferredStockForOfficerCompensationAmount
|
2438900 | usd |
CY2022 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Shares3
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockShares3
|
0 | usd |
CY2022 | intv |
Issuance Of Common Stock For Services Amount
IssuanceOfCommonStockForServicesAmount
|
45943 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
123200 | usd |
CY2022 | intv |
Sale Of Fully Depreciated Property And Equipment To A Related Party
SaleOfFullyDepreciatedPropertyAndEquipmentToARelatedParty
|
135450 | usd |
CY2022 | intv |
Preferred Stock Dividends
PreferredStockDividends
|
-550554 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-565514 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10592307 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-565514 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22433081 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1617032 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
408802 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2438900 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
16537500 | usd |
CY2022 | intv |
Common Stock Payable For Services
CommonStockPayableForServices
|
0 | usd |
CY2021 | intv |
Common Stock Payable For Services
CommonStockPayableForServices
|
5480000 | usd |
CY2022 | intv |
Common Stock Issued For Services
CommonStockIssuedForServices
|
45943 | usd |
CY2021 | intv |
Common Stock Issued For Services
CommonStockIssuedForServices
|
49149 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
|
46999 | usd |
CY2022 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
154180 | usd |
CY2021 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
238363 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
8636 | usd |
CY2021 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
404387 | usd |
CY2022 | intv |
Realized Loss Gain On Sale Of Digital Currencies
RealizedLossGainOnSaleOfDigitalCurrencies
|
-181853 | usd |
CY2021 | intv |
Realized Loss Gain On Sale Of Digital Currencies
RealizedLossGainOnSaleOfDigitalCurrencies
|
22948 | usd |
CY2022 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
0 | usd |
CY2021 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
76687 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-5924 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-9125 | usd |
CY2022 | intv |
Increase Decrease In Digital Currencies
IncreaseDecreaseInDigitalCurrencies
|
-5009691 | usd |
CY2021 | intv |
Increase Decrease In Digital Currencies
IncreaseDecreaseInDigitalCurrencies
|
-1792451 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
195120 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
-194370 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
|
1135088 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
|
0 | usd |
CY2022 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
78147 | usd |
CY2021 | us-gaap |
Payments For Deposits
PaymentsForDeposits
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
28702 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-281639 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
4731 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
18665 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
221253 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-93550 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
55455 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1567715 | usd |
CY2022 | intv |
Increase Decrease In Equipment Deposits
IncreaseDecreaseInEquipmentDeposits
|
-7763487 | usd |
CY2021 | intv |
Increase Decrease In Equipment Deposits
IncreaseDecreaseInEquipmentDeposits
|
-7663265 | usd |
CY2022 | intv |
Net Proceeds From The Sale Of Digital Currencies
NetProceedsFromTheSaleOfDigitalCurrencies
|
7462655 | usd |
CY2021 | intv |
Net Proceeds From The Sale Of Digital Currencies
NetProceedsFromTheSaleOfDigitalCurrencies
|
9211118 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
73575 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3291346 | usd |
CY2022 | intv |
Purchase Of Digital Currencies
PurchaseOfDigitalCurrencies
|
-2098676 | usd |
CY2021 | intv |
Purchase Of Digital Currencies
PurchaseOfDigitalCurrencies
|
-7374678 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
70000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
|
0 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
135450 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2267633 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-9118171 | usd |
CY2022 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
563000 | usd |
CY2022 | intv |
Proceeds From The Issuance Of Series C Preferred Stock
ProceedsFromTheIssuanceOfSeriesCPreferredStock
|
0 | usd |
CY2021 | intv |
Proceeds From The Issuance Of Series C Preferred Stock
ProceedsFromTheIssuanceOfSeriesCPreferredStock
|
1125000 | usd |
CY2022 | intv |
Proceeds From The Issuance Of Series D Preferred Stock And Warrants
ProceedsFromTheIssuanceOfSeriesDPreferredStockAndWarrants
|
0 | usd |
CY2021 | intv |
Proceeds From The Issuance Of Series D Preferred Stock And Warrants
ProceedsFromTheIssuanceOfSeriesDPreferredStockAndWarrants
|
3000000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8135000 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
118150 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
500000 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
13229 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd |
CY2021 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
46252 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
604921 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12776748 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1607257 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
2090862 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2097537 | usd |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6675 | usd |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
490280 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2097537 | usd |
CY2022 | us-gaap |
Interest Paid
InterestPaid
|
541 | usd |
CY2021 | us-gaap |
Interest Paid
InterestPaid
|
3014 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2022 | intv |
Equipment Deposits Transferred To Property And Equipment
EquipmentDepositsTransferredToPropertyAndEquipment
|
11936497 | usd |
CY2021 | intv |
Equipment Deposits Transferred To Property And Equipment
EquipmentDepositsTransferredToPropertyAndEquipment
|
0 | usd |
CY2022 | intv |
Common Stock Issued For Common Stock Payable
CommonStockIssuedForCommonStockPayable
|
5480000 | usd |
CY2021 | intv |
Common Stock Issued For Common Stock Payable
CommonStockIssuedForCommonStockPayable
|
0 | usd |
CY2022 | intv |
Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
|
550554 | usd |
CY2021 | intv |
Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
|
193933 | usd |
CY2022 | intv |
Common Stock Issued In Debt Incentive
CommonStockIssuedInDebtIncentive
|
123200 | usd |
CY2021 | intv |
Common Stock Issued In Debt Incentive
CommonStockIssuedInDebtIncentive
|
0 | usd |
CY2022 | intv |
Conversion Of Series B Preferred Stock For Common Stock
ConversionOfSeriesBPreferredStockForCommonStock
|
2474 | usd |
CY2021 | intv |
Conversion Of Series B Preferred Stock For Common Stock
ConversionOfSeriesBPreferredStockForCommonStock
|
5263 | usd |
CY2022 | intv |
Common Stock Issued With Debt
CommonStockIssuedWithDebt
|
0 | usd |
CY2021 | intv |
Common Stock Issued With Debt
CommonStockIssuedWithDebt
|
999869 | usd |
CY2022 | intv |
Settlement Of Derivative Liabilities
SettlementOfDerivativeLiabilities
|
0 | usd |
CY2021 | intv |
Settlement Of Derivative Liabilities
SettlementOfDerivativeLiabilities
|
466093 | usd |
CY2022 | intv |
Common Stock Issued For Series C Preferred Stock Equity Incentive
CommonStockIssuedForSeriesCPreferredStockEquityIncentive
|
0 | usd |
CY2021 | intv |
Common Stock Issued For Series C Preferred Stock Equity Incentive
CommonStockIssuedForSeriesCPreferredStockEquityIncentive
|
384100 | usd |
CY2022 | intv |
Debt Discount For Derivative Liabilities
DebtDiscountForDerivativeLiabilities
|
0 | usd |
CY2021 | intv |
Debt Discount For Derivative Liabilities
DebtDiscountForDerivativeLiabilities
|
258460 | usd |
CY2022 | intv |
Common Stock Issued For Stock Subscription
CommonStockIssuedForStockSubscription
|
0 | usd |
CY2021 | intv |
Common Stock Issued For Stock Subscription
CommonStockIssuedForStockSubscription
|
33888 | usd |
CY2022 | intv |
Note Payable Issued For Property And Equipment
NotePayableIssuedForPropertyAndEquipment
|
0 | usd |
CY2021 | intv |
Note Payable Issued For Property And Equipment
NotePayableIssuedForPropertyAndEquipment
|
57822 | usd |
CY2022 | intv |
Property And Equipment Purchased With Digital Currencies
PropertyAndEquipmentPurchasedWithDigitalCurrencies
|
0 | usd |
CY2021 | intv |
Property And Equipment Purchased With Digital Currencies
PropertyAndEquipmentPurchasedWithDigitalCurrencies
|
4178 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Because of the use of estimates inherent in the financial reporting process, actual results could differ significantly from those estimates.</p> | |
CY2022 | intv |
Power Expense Durinng The Year
PowerExpenseDurinngTheYear
|
96592 | usd |
CY2022Q2 | intv |
Due To Related Party
DueToRelatedParty
|
135450 | usd |
CY2021Q2 | us-gaap |
Concentration Risk Benchmark Description
ConcentrationRiskBenchmarkDescription
|
12 equal batches of 400 units, starting in August 2021 and through July 2022. | |
CY2022 | intv |
Cryptocurrency Mining Revenues
CryptocurrencyMiningRevenues
|
4871473 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-46999 | usd |
CY2022 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
154180 | usd |
CY2021 | us-gaap |
Premiums Written Net
PremiumsWrittenNet
|
238363 | usd |
CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
34047600 | usd |
CY2021Q2 | us-gaap |
Long Term Purchase Commitment Description
LongTermPurchaseCommitmentDescription
|
The total purchase price is payable as follows: (i) 25% of the total purchase price is due upon the execution of the Agreement or no later than April 19, 2021; (ii) 35% of the total purchase price, is due by May 30, 2021; and (iii) the remaining 40% of the total purchase price, is payable monthly starting in June 2021. | |
CY2022Q2 | intv |
Equipment Deposits
EquipmentDeposits
|
2355167 | usd |
CY2021Q2 | intv |
Equipment Deposits
EquipmentDeposits
|
7663265 | usd |
CY2022Q1 | us-gaap |
Related Party Costs
RelatedPartyCosts
|
1678660 | usd |
CY2022Q2 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
200000 | usd |
CY2022 | intv |
Agreement Term
AgreementTerm
|
P36Y | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended June 30, 2022, one customer accounted for 72% of sales of cryptocurrency mining equipment and 18% of total revenues. A second customer accounted for 28% of sales of cryptocurrency mining revenues and 7% of total revenues.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended June 30, 2022, substantially all cryptocurrency mining equipment, including those units with costs included in equipment deposits as of June 30, 2022, was purchased from one supplier.</p> | |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Certain amounts in the financial statements for the year ended June 30, 2021 have been reclassified to conform to the presentation for the year ended June 30, 2022.</p> | |
CY2022Q2 | intv |
Current Liabilities Exceeded Current Assets
CurrentLiabilitiesExceededCurrentAssets
|
1070976 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-46192164 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14982746 | usd |
CY2021Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3680939 | usd |
CY2022Q2 | intv |
Less Accumulated Depreciation And Amortization
LessAccumulatedDepreciationAndAmortization
|
-1701362 | usd |
CY2021Q2 | intv |
Less Accumulated Depreciation And Amortization
LessAccumulatedDepreciationAndAmortization
|
-521416 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13281384 | usd |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3159523 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1617032 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
408802 | usd |
CY2022Q2 | intv |
Book Value Of Mining Equipment
BookValueOfMiningEquipment
|
116999 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
|
70000 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-46999 | usd |
CY2022 | intv |
Wrote Off Non Serviceable Defective Mining Equipment
WroteOffNonServiceableDefectiveMiningEquipment
|
154180 | usd |
CY2021 | intv |
Wrote Off Non Serviceable Defective Mining Equipment
WroteOffNonServiceableDefectiveMiningEquipment
|
238363 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1 | pure |
CY2021 | us-gaap |
Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
|
9125 | usd |
CY2021Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
14014 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
4889 | usd |
CY2021 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
4889 | usd |
CY2019Q1 | intv |
Revised Authorized Preferred Shares
RevisedAuthorizedPreferredShares
|
20000000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
207246592 | shares |
CY2019Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
194487662 | shares |
CY2021Q2 | intv |
Warrants Issued Upon Sale Of Common Stock
WarrantsIssuedUponSaleOfCommonStock
|
30000000 | shares |
CY2022 | intv |
Number Of Warrants Outstanding Beginning
NumberOfWarrantsOutstandingBeginning
|
41000000 | shares |
CY2022 | intv |
Weighted Average Exercise Price Beginning
WeightedAverageExercisePriceBeginning
|
0.30 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2022 | intv |
Number Of Warrants Outstanding Ending
NumberOfWarrantsOutstandingEnding
|
41000000 | shares |
CY2022 | intv |
Weighted Average Exercise Price Outstanding And Exercisable Ending
WeightedAverageExercisePriceOutstandingAndExercisableEnding
|
0.30 | |
CY2022 | intv |
Weighted Average Remaining Contract Term Outstanding And Exercisable
WeightedAverageRemainingContractTermOutstandingAndExercisable
|
P3Y8M19D | |
CY2022 | intv |
Aggergate Intrinsic Value Outstanding And Exercisable
AggergateIntrinsicValueOutstandingAndExercisable
|
0 | usd |
CY2022Q2 | intv |
Closing Price Of The Common Stock
ClosingPriceOfTheCommonStock
|
0.0362 | |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
3276815 | usd |
CY2022 | intv |
Expiration Year
ExpirationYear
|
through the year 2040 | |
CY2022 | srt |
Federal Funds Purchased Average Rate Paid
FederalFundsPurchasedAverageRatePaid
|
0.21 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-118758 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-4710947 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-248245 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-210324 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
556524 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
4787602 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
0 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
0 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-189521 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-133669 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
688131 | usd |
CY2021Q2 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
498610 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
688131 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
498610 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
30000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | intv |
Aggregate Common Stock
AggregateCommonStock
|
30000000 | shares |
CY2022Q3 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
0.30 | |
CY2022Q3 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1 | pure |
CY2022Q2 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.30 | |
CY2022Q3 | intv |
Description Of September15 Amendment
DescriptionOfSeptember15Amendment
|
the Company agreed to amend the terms of such Purchaser’s Warrants to purchase up to 15 million shares, effective as of August 30, 2022, to reduce the exercise price thereof to $0.001, subject to adjustment therein, and waive the “exploding feature” of the Anti-Dilution Provision in the Warrant that would otherwise have effected an increase in the number of warrant shares as a result of an exercise price reduction so as to result in the same aggregate value of the warrant shares multiplied by the exercise price. Additionally, other than an Exempt Issuance, as defined in the Warrants, from the date hereof until 90 days after the date hereof, neither the Company nor any subsidiary of the Company may issue, enter into any agreement to issue or announce the issuance or proposed issuance of any shares of Common Stock or Common Stock Equivalents (as defined in the Warrants) |