Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
Jul. 31, 2021
Jan. 31, 2021
Current Assets    
Cash $ 819,000 $ 0
Accounts receivable, net 30,000 0
Interest receivable 0 90,000
Current cryptocurrencies, net 3,412,000 123,000
Inventory 4,000 0
Prepaid expenses 3,136,000 1,000
Total current assets 7,401,000 214,000
Property, plant and equipment, net 6,112,000 0
Cryptocurrency, net 0 98,000
Goodwill 1,319,000 0
Intangible assets, net 2,205,000 0
Loan receivable 0 1,400,000
Total assets 17,037,000 1,712,000
Current liabilities    
Accounts payable and accrued expenses 231,000 6,000
Accounts payable related party 421,000 13,000
Current portion of long-term debt 35,000 0
Reserve for legal settlements 154,000 154,000
Deferred revenue 151,000 0
Total current liabilities 992,000 173,000
Long-term liabilities   0
Debt 553,000 0
Total long-term liabilities 553,000 0
Total Liabilities 1,545,000 173,000
Stockholders' equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized; 8,475,792 and 5,974,125 shares issued and outstanding, as of July 31, 2021 and January 31, 2021, respectively. 1,000 1,000
Treasury stock (1,599,000) 0
Additional paid-in capital 67,190,000 54,946,000
Accumulated deficit (50,101,000) (53,408,000)
Total stockholders' equity 15,492,000 1,539,000
Total liabilities and stockholders' equity 17,037,000 1,712,000
Series A Preferred Stock [Member]    
Stockholders' equity    
Preferred stock value 0 0
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred stock value $ 0 $ 0