CLEANSPARK INC
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity for the (unaudited);
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(Unaudited, in thousands, except share amounts)
For the three and six months ended March 31, 2024
| Preferred Stock · Common Stock · AdditionalPaid-in · AccumulatedOther Comprehensive · Accumulated · TotalStockholders' | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Income · Deficit · Equity | ||||||||||||||
| Balance, September 30, 2023 | 1,750,000 | $2 | 160,184,921 | $160 | $1,009,482 | $226 | $(332,643) | $677,227 | ||||||
| Cumulative effect of change in accounting principle (See Note 2) | — | — | — | — | — | — | 4,183 | 4,183 | ||||||
| Options and restricted stock units issued for services | — | — | 1,441,152 | 2 | 9,951 | — | — | 9,953 | ||||||
| Shares withheld for net settlement of restricted stock units related to tax withholdings | — | — | (553,390) | (1) | (5,532) | — | — | (5,533) | ||||||
| Exercise of options | — | — | 6,096 | — | 36 | — | — | 36 | ||||||
| Shares issued under equity offering, net of offering costs | — | — | 24,475,832 | 25 | 99,311 | — | — | 99,336 | ||||||
| Preferred stock dividends | — | — | — | — | — | — | (579) | (579) | ||||||
| Net income | — | — | — | — | — | — | 25,909 | 25,909 | ||||||
| Other comprehensive income | — | — | — | — | — | 29 | — | 29 | ||||||
| Balance, December 31, 2023 | 1,750,000 | $2 | 185,554,611 | $186 | $1,113,248 | $255 | $(303,130) | $810,561 | ||||||
| Options and restricted stock units issued for services | — | — | 2,359,161 | 2 | 9,795 | — | — | 9,797 | ||||||
| Shares withheld for net settlement of restricted stock units related to tax withholdings | — | — | (631,100) | (1) | (11,605) | (11,606) | ||||||||
| Shares issued under equity offering, net of offering costs | — | — | 38,078,826 | 38 | 529,700 | — | — | 529,738 | ||||||
| Exercise of options and warrants | 108,293 | — | 505 | — | — | 505 | ||||||||
| Preferred stock dividends | — | — | — | — | (2,842) | (2,842) | ||||||||
| Net income | — | — | — | — | — | — | 126,735 | 126,735 | ||||||
| Other comprehensive income | — | — | — | — | — | 29 | — | 29 | ||||||
| Balance, March 31, 2024 | 1,750,000 | $2 | 225,469,791 | $225 | $1,641,643 | $284 | $(179,237) | $1,462,917 | ||||||
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Continued)
(Unaudited, in thousands, except share amounts)
For the three and six months ended March 31, 2023
| Preferred Stock · Common Stock · AdditionalPaid-in · AccumulatedOther Comprehensive · Accumulated · TotalStockholders' | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Shares · Amount · Capital · Income · Deficit · Equity | |||||||||
| Balance, September 30, 2022 | 1,750,000 | $2 | 55,661,337 | $56 | $599,898 | $110 | $(196,054) | $404,012 | |
| Options and restricted stock units issued for services | — | — | 11,210 | — | 5,878 | — | — | 5,878 | |
| Shares issued for business acquisition | — | — | 1,590,175 | 2 | 4,801 | — | — | 4,803 | |
| Shares issued under equity offering, net of offering costs | — | — | 14,481,208 | 14 | 41,330 | — | — | 41,344 | |
| Net loss | — | — | — | — | — | — | (29,031) | (29,031) | |
| Other comprehensive income | — | — | — | — | — | 29 | — | 29 | |
| Balance, December 31, 2022 | 1,750,000 | $2 | 71,743,930 | $72 | $651,907 | $139 | $(225,085) | $427,035 | |
| Options and restricted stock units issued for services | — | — | 2,149,087 | 2 | 5,741 | — | — | 5,743 | |
| Shares withheld for net settlement of restricted stock units related to tax withholdings | — | — | (539,961) | — | (1,468) | (1,468) | |||
| Shares issued for settlement of contingent consideration related to business acquisition | — | — | 1,100,890 | 1 | 2,839 | — | — | 2,840 | |
| Shares issued under equity offering, net of offering costs | — | — | 22,580,026 | 22 | 58,140 | — | — | 58,162 | |
| Shares returned for settlement of contingent consideration and holdbacks related to business acquisition | — | — | (83,417) | — | — | — | — | — | |
| Net loss | — | — | — | — | — | — | (18,460) | (18,460) | |
| Other comprehensive income | — | — | — | — | — | 29 | — | 29 | |
| Balance, March 31, 2023 | 1,750,000 | $2 | 96,950,555 | $97 | $717,159 | $168 | $(243,545) | $473,881 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.