2023 Q2 Form 10-Q Financial Statement
#000147793223003578 Filed on May 15, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $1.496M | $1.441M | $1.432M |
YoY Change | 128.35% | 0.62% | 105.48% |
Cost Of Revenue | $2.404M | $2.446M | $1.124M |
YoY Change | 179.57% | 117.57% | 321.26% |
Gross Profit | -$907.3K | -$1.005M | $307.5K |
YoY Change | 343.73% | -426.98% | -28.47% |
Gross Profit Margin | -60.63% | -69.79% | 21.48% |
Selling, General & Admin | $14.95M | $305.4K | $118.7K |
YoY Change | 1729.13% | 157.29% | -99.29% |
% of Gross Profit | 38.6% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.306M | $1.469M | $417.3K |
YoY Change | 175.05% | 252.06% | 273.7% |
% of Gross Profit | 135.71% | ||
Operating Expenses | $14.95M | $769.3K | $118.7K |
YoY Change | 1729.14% | 548.17% | -99.29% |
Operating Profit | -$15.85M | -$1.775M | $188.8K |
YoY Change | 1451.84% | -1039.98% | -101.16% |
Interest Expense | -$29.73K | $8.636K | $53.00 |
YoY Change | -79.91% | 16194.34% | -99.98% |
% of Operating Profit | 0.03% | ||
Other Income/Expense, Net | $8.119K | -$262.8K | |
YoY Change | -103.09% | -11.84% | |
Pretax Income | -$22.14M | -$1.767M | -$74.01K |
YoY Change | 1572.83% | 2287.16% | -99.55% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$22.35M | -$1.767M | -$74.01K |
YoY Change | 1588.35% | 2287.16% | -99.55% |
Net Earnings / Revenue | -1493.43% | -122.62% | -5.17% |
Basic Earnings Per Share | -$0.88 | $0.00 | |
Diluted Earnings Per Share | -$7.83 | -$0.88 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.861M shares | 265.3M shares | 205.1M shares |
Diluted Shares Outstanding | 2.341M shares | 205.1M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $258.0K | $298.8K | $40.73K |
YoY Change | -47.38% | 633.64% | -98.45% |
Cash & Equivalents | $258.0K | $298.8K | $40.73K |
Short-Term Investments | |||
Other Short-Term Assets | $7.170K | $11.38K | $2.500K |
YoY Change | 186.8% | 355.2% | -66.67% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $265.2K | $310.2K | $43.23K |
YoY Change | -98.32% | 617.55% | -98.36% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.300M | $12.87M | $10.82M |
YoY Change | -60.1% | 18.91% | 988.41% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $578.2K | $578.9K | $4.985M |
YoY Change | -76.25% | -88.39% | 712065.71% |
Other Assets | $447.4K | $333.5K | $300.4K |
YoY Change | 513.84% | 11.02% | -80.17% |
Total Long-Term Assets | $6.325M | $13.78M | $16.11M |
YoY Change | 1183.62% | -14.45% | 541.66% |
TOTAL ASSETS | |||
Total Short-Term Assets | $265.2K | $310.2K | $43.23K |
Total Long-Term Assets | $6.325M | $13.78M | $16.11M |
Total Assets | $6.591M | $14.09M | $16.15M |
YoY Change | -59.52% | -12.75% | 213.83% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $293.7K | $176.7K | $107.1K |
YoY Change | 424.85% | 65.02% | -27.05% |
Accrued Expenses | $121.2K | $98.49K | $1.428K |
YoY Change | 1230.59% | 6797.27% | -79.18% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $500.0K | $500.0K | $0.00 |
YoY Change | 29.72% | -100.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.975M | $2.876M | $787.3K |
YoY Change | 90.28% | 265.25% | 153.18% |
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 | $2.975M | $2.876M | $787.3K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $2.975M | $2.876M | $787.3K |
YoY Change | 90.28% | 265.25% | 153.18% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$73.10M | -$50.75M | -$44.72M |
YoY Change | 58.26% | 13.48% | |
Common Stock | $2.864K | $2.780K | $205.1K |
YoY Change | -98.62% | -98.64% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$509.9K | $7.089M | $11.24M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.591M | $14.09M | $16.15M |
YoY Change | -59.52% | -12.75% | 213.83% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$22.35M | -$1.767M | -$74.01K |
YoY Change | 1588.35% | 2287.16% | -99.55% |
Depreciation, Depletion And Amortization | $1.306M | $1.469M | $417.3K |
YoY Change | 175.05% | 252.06% | 273.7% |
Cash From Operating Activities | -$1.194M | -$1.041M | $707.0K |
YoY Change | 92.81% | -247.17% | -324.06% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | -$21.80K |
YoY Change | -100.0% | -100.0% | -96.33% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $1.153M | $1.302M | -$800.2K |
YoY Change | 132.67% | -262.75% | -74.63% |
Cash From Investing Activities | $1.153M | $1.302M | -$822.0K |
YoY Change | 155.91% | -258.44% | -78.07% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | -50.00K | 0.000 |
YoY Change | -100.0% | -100.0% | |
NET CHANGE | |||
Cash From Operating Activities | -1.194M | -1.041M | 707.0K |
Cash From Investing Activities | 1.153M | 1.302M | -822.0K |
Cash From Financing Activities | 0.000 | -50.00K | 0.000 |
Net Change In Cash | -40.82K | 211.9K | -115.0K |
YoY Change | -109.08% | -284.28% | -345.15% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.194M | -$1.041M | $707.0K |
Capital Expenditures | $0.00 | $0.00 | -$21.80K |
Free Cash Flow | -$1.194M | -$1.041M | $728.8K |
YoY Change | 107.93% | -242.77% | 161.43% |
Facts In Submission
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---|---|---|---|---|
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CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2063233 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-213645 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4560791 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
351529 | usd | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.88 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-2.23 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.21 | ||
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.88 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-2.23 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2341368 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1641173 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2043596 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1636674 | shares | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2341368 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1641173 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2043596 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2332016 | shares | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8964882 | usd |
CY2021Q3 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Amount
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockAmount
|
0 | usd |
CY2021Q3 | intv |
Issuance Of Common Shares For Common Stock Payable Amount
IssuanceOfCommonSharesForCommonStockPayableAmount
|
0 | usd |
CY2021Q3 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-131509 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1347457 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10180830 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
40733 | usd |
CY2021Q4 | intv |
Issuance Of Series B Preferred Stock For Related Party Compensation Amount
IssuanceOfSeriesBPreferredStockForRelatedPartyCompensationAmount
|
1880000 | usd |
CY2021Q4 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-135513 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-515261 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11450789 | usd |
CY2022Q1 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-139640 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-74005 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11237144 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10592307 | usd |
CY2022Q3 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Amount
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockAmount
|
0 | usd |
CY2022Q3 | intv |
Issuance Of Series B Preferred Stock For Related Party Compensation Amount
IssuanceOfSeriesBPreferredStockForRelatedPartyCompensationAmount
|
207500 | usd |
CY2022Q3 | intv |
Issuance Of Common Shares For Exercise Of Warrants Amount
IssuanceOfCommonSharesForExerciseOfWarrantsAmount
|
0 | usd |
CY2022Q3 | intv |
Deemed Dividend For Warrant Modification
DeemedDividendForWarrantModification
|
0 | usd |
CY2022Q3 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-153255 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-786382 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9860170 | usd |
CY2022Q4 | intv |
Issuance Of Common Shares For Cashless Exercise Of Warrants Amount
IssuanceOfCommonSharesForCashlessExerciseOfWarrantsAmount
|
0 | usd |
CY2022Q4 | intv |
Issuance Of Series B Preferred Stock For Related Party Compensation Amount
IssuanceOfSeriesBPreferredStockForRelatedPartyCompensationAmount
|
145000 | usd |
CY2022Q4 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-632287 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-763597 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8609286 | usd |
CY2023Q1 | intv |
Issuance Of Common Stock For Conversion Of Series B Preferred Stock Amount
IssuanceOfCommonStockForConversionOfSeriesBPreferredStockAmount
|
0 | usd |
CY2023Q1 | intv |
Issuance Of Common Shares For Cashless Exercise Of Warrants Amount
IssuanceOfCommonSharesForCashlessExerciseOfWarrantsAmount
|
0 | usd |
CY2023Q1 | intv |
Issuance Of Common Shares For Exercise Of Warrants Amount
IssuanceOfCommonSharesForExerciseOfWarrantsAmount
|
11000 | usd |
CY2023Q1 | intv |
Issuance Of Common Shares For Settlement Of Accrued Dividends Amount
IssuanceOfCommonSharesForSettlementOfAccruedDividendsAmount
|
293639 | usd |
CY2023Q1 | intv |
Deemed Dividend For Warrant Modification
DeemedDividendForWarrantModification
|
0 | usd |
CY2023Q1 | intv |
Common Stocks Issued Amount
CommonStocksIssuedAmount
|
0 | usd |
CY2023Q1 | intv |
Dividend Preferred Stock
DividendPreferredStock
|
-203281 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1766615 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7089029 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3316594 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
758191 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2291301 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1142192 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
497500 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1880000 | usd | |
intv |
Gain Loss On Exercise Of Warrants
GainLossOnExerciseOfWarrants
|
-11000 | usd | |
intv |
Gain Loss On Exercise Of Warrants
GainLossOnExerciseOfWarrants
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
40733 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-510634 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-46999 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
114564 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
5924 | usd | |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
-12514 | usd | |
us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
312075 | usd | |
intv |
Increase Decrease In Digital Currencies
IncreaseDecreaseInDigitalCurrencies
|
2398464 | usd | |
intv |
Increase Decrease In Digital Currencies
IncreaseDecreaseInDigitalCurrencies
|
4080688 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
8880 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-195120 | usd | |
intv |
Increase Decrease In Deposit
IncreaseDecreaseInDeposit
|
500000 | usd | |
intv |
Increase Decrease In Deposit
IncreaseDecreaseInDeposit
|
-1005462 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
120727 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-41369 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
139381 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2953 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
292023 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
48855 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2234294 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
674543 | usd | |
intv |
Payment To Acquire Equipment Deposits
PaymentToAcquireEquipmentDeposits
|
32514 | usd | |
intv |
Payment To Acquire Equipment Deposits
PaymentToAcquireEquipmentDeposits
|
7218405 | usd | |
intv |
Net Proceeds From The Sale Of Digital Currencies
NetProceedsFromTheSaleOfDigitalCurrencies
|
2428290 | usd | |
intv |
Net Proceeds From The Sale Of Digital Currencies
NetProceedsFromTheSaleOfDigitalCurrencies
|
6460183 | usd | |
intv |
Payment To Acquire Digital Currencies
PaymentToAcquireDigitalCurrencies
|
302951 | usd | |
intv |
Payment To Acquire Digital Currencies
PaymentToAcquireDigitalCurrencies
|
2001325 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
28575 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
70000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2092825 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2718122 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
50000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
13229 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-50000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-13229 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-191469 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-2056808 | usd | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
490280 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2097537 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
298811 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40729 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
50237 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
515 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
intv |
Equipment Deposits Transferred To Property And Equipment
EquipmentDepositsTransferredToPropertyAndEquipment
|
2387681 | usd | |
intv |
Equipment Deposits Transferred To Property And Equipment
EquipmentDepositsTransferredToPropertyAndEquipment
|
8891751 | usd | |
intv |
Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
|
988823 | usd | |
intv |
Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
|
406662 | usd | |
intv |
Conversion Of Series B Preferred Stock For Common Stock
ConversionOfSeriesBPreferredStockForCommonStock
|
903 | usd | |
intv |
Conversion Of Series B Preferred Stock For Common Stock
ConversionOfSeriesBPreferredStockForCommonStock
|
2474 | usd | |
intv |
Common Stock Issued For Common Stock Payable
CommonStockIssuedForCommonStockPayable
|
0 | usd | |
intv |
Common Stock Issued For Common Stock Payable
CommonStockIssuedForCommonStockPayable
|
5480000 | usd | |
intv |
Common Stock Issued For Accrued Dividends
CommonStockIssuedForAccruedDividends
|
293639 | usd | |
intv |
Common Stock Issued For Accrued Dividends
CommonStockIssuedForAccruedDividends
|
0 | usd | |
intv |
Common Stock Issued For Exercise Of Warrants
CommonStockIssuedForExerciseOfWarrants
|
234 | usd | |
intv |
Common Stock Issued For Exercise Of Warrants
CommonStockIssuedForExerciseOfWarrants
|
0 | usd | |
intv |
Non Cash Deemed Dividend For Warrant Modification
NonCashDeemedDividendForWarrantModification
|
255374 | usd | |
intv |
Non Cash Deemed Dividend For Warrant Modification
NonCashDeemedDividendForWarrantModification
|
0 | usd | |
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> | ||
CY2023Q1 | intv |
Realized Gain Loss On Digital Currencies
RealizedGainLossOnDigitalCurrencies
|
55400 | usd |
CY2022Q1 | intv |
Realized Gain Loss On Digital Currencies
RealizedGainLossOnDigitalCurrencies
|
-215758 | usd |
intv |
Realized Gain Loss On Digital Currencies
RealizedGainLossOnDigitalCurrencies
|
-12514 | usd | |
intv |
Realized Gain Loss On Digital Currencies
RealizedGainLossOnDigitalCurrencies
|
312075 | usd | |
CY2022Q1 | intv |
Cryptocurrency Mining Revenues
CryptocurrencyMiningRevenues
|
964319 | usd |
intv |
Cryptocurrency Mining Revenues
CryptocurrencyMiningRevenues
|
2366371 | usd | |
intv |
Cryptocurrency Mining Revenues
CryptocurrencyMiningRevenues
|
4080688 | usd | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-463919 | usd |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-510634 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-46999 | usd | |
intv |
Weighted Average Number Of Share Outstanding Basic
WeightedAverageNumberOfShareOutstandingBasic
|
1636674 | shares | |
intv |
Dilutive Effect Of Convertible Preferred Stock
DilutiveEffectOfConvertiblePreferredStock
|
695342 | shares | |
intv |
Weighted Average Number Of Diluted Share Outstanding
WeightedAverageNumberOfDilutedShareOutstanding
|
2332016 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the nine months ended March 31, 2022, one customer accounted for 67% of sales of cryptocurrency mining equipment and 21% of total revenues. During the three and nine months ended March 31, 2023, there were no sales of cryptocurrency mining equipment. </p> | ||
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 prior year periods have been reclassified to conform to the presentation for the current year periods.</p> | ||
CY2023Q1 | intv |
Current Liabilities Exceeded Current Assets
CurrentLiabilitiesExceededCurrentAssets
|
2565444 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-50752955 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
15790056 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
14969783 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
2922926 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1688399 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12867130 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
13281384 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1469196 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
417312 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2291301 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1142192 | usd | |
CY2023Q1 | intv |
Book Value Of Defective Mining Equipment
BookValueOfDefectiveMiningEquipment
|
-510634 | usd |
CY2022Q1 | intv |
Book Value Of Defective Mining Equipment
BookValueOfDefectiveMiningEquipment
|
-46999 | usd |
CY2021Q2 | us-gaap |
Concentration Risk Benchmark Description
ConcentrationRiskBenchmarkDescription
|
12 equal batches of 400 units, starting in August 2021 and through July 2022 | |
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 |
us-gaap |
Related Party Costs
RelatedPartyCosts
|
471593 | usd | |
intv |
Description Of Compensastion
DescriptionOfCompensastion
|
Effective July 1, 2022, the Board of Directors agreed to update Mr. Rubakh’s compensation setting his annual salary at $250,000 with a quarterly bonus of $50,000 and 50,000 shares of Series B preferred stock | ||
CY2022Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
207500 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
145000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
145000 | usd |
intv |
Agreement Term
AgreementTerm
|
P36M | ||
CY2023Q1 | intv |
Power Expense Durinng The Year
PowerExpenseDurinngTheYear
|
78884 | usd |
intv |
Power Expense Durinng The Year
PowerExpenseDurinngTheYear
|
259315 | usd | |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
8636 | usd |
us-gaap |
Interest Expense
InterestExpense
|
114564 | usd | |
CY2023Q1 | us-gaap |
Interest Paid
InterestPaid
|
50000 | usd |
CY2019Q1 | intv |
Revised Authorized Preferred Shares
RevisedAuthorizedPreferredShares
|
20000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
6000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2780607 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1657973 | shares |
intv |
Gain Loss On Exercise Of Warrants
GainLossOnExerciseOfWarrants
|
-11000 | usd | |
intv |
Issued Shares Due To Rounding From The Reverse Split
IssuedSharesDueToRoundingFromTheReverseSplit
|
11 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
88000 | shares | |
intv |
Number Of Warrants Exercise
NumberOfWarrantsExercise
|
88000 | shares | |
intv |
Gain Loss On Exercise Of Warrant
GainLossOnExerciseOfWarrant
|
-11000 | usd | |
CY2021Q2 | intv |
Warrants Issued Upon Purchase Of Common Stock
WarrantsIssuedUponPurchaseOfCommonStock
|
30000000 | shares |
CY2022Q3 | intv |
Dividend Due
DividendDue
|
162037 | usd |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
234215 | shares | |
intv |
Cash Less Exercise Of Warrants
CashLessExerciseOfWarrants
|
240000 | shares | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
328000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
37.50 | |
intv |
Weighted Average Remaining Contract Term Outstanding And Exercisable
WeightedAverageRemainingContractTermOutstandingAndExercisable
|
P3Y8M19D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
322214 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.13 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
5786 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.13 | ||
intv |
Ratio Of Reverse Stock Split Of The Comman Stock
RatioOfReverseStockSplitOfTheCommanStock
|
1-for-125 |