v3.22.2.2
Balance Sheets - USD ($)
Jun. 30, 2022
Jun. 30, 2021
Current assets:    
Cash $ 490,280 $ 2,097,537
Prepaid expenses and other current assets 2,500 197,620
Total current assets 492,780 2,295,157
Non-current assets:    
Equipment deposits 2,355,167 7,663,265
Property and equipment, net of accumulated depreciation and amortization of $1,646,591 and $521,416 as of June 30, 2022 and 2021, respectively 13,281,384 3,159,523
Digital currencies 72,885 245,320
Deposits 78,847 700
Total non-current assets 15,788,283 11,068,808
Total assets 16,281,063 13,363,965
Current liabilities:    
Accounts payable 55,961 27,259
Accrued preferred stock dividends 744,487 193,933
Accrued expenses 9,112 4,381
Due to related party 368,760 29,357
Notes payable, net of debt discount of $114,564 and $0 as of June 30, 2022 and 2021, respectively 385,436 19,153
Total current liabilities 1,563,756 274,083
Mezzanine:    
Commitments and contingencies 0 0
Stockholders' equity:    
Common stock, $0.001 par value; 750,000,000 shares authorized; 207,246,592 and 194,487,662 shares issued and outstanding as of June 30, 2022 and 2021, respectively 207,247 194,488
Common stock payable 0 5,480,000
Additional paid in capital 56,575,821 48,365,263
Accumulated deficit (46,192,164) (45,076,096)
Total stockholders' equity 10,592,307 8,964,882
Total liabilities, mezzanine and stockholders' equity 16,281,063 13,363,965
Series D Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value 3,000,000 3,000,000
Series C Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value 1,125,000 1,125,000
Series A Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value 500 500
Series B Preferred Stock [Member]    
Stockholders' equity:    
Preferred stock, value $ 903 $ 727