Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.21.2
Consolidated Balance Sheets - USD ($)
Oct. 31, 2021
Jan. 31, 2021
Current assets    
Cash $ 1,546,000 $ 0
Accounts receivable, net 147,000 0
Interest receivable 0 90,000
Current cryptocurrencies, net 5,470,000 123,000
Inventory 60,000 0
Prepaid expenses 3,183,000 1,000
Total current assets 10,406,000 214,000
Property, plant and equipment, net 939,000 0
Cryptocurrency, net 0 98,000
Goodwill 1,319,000 0
Intangible assets, net 7,473,000 0
Other assets 3,000 0
Loan receivable 0 1,400,000
Total assets 20,140,000 1,712,000
Current liabilities    
Accounts payable and accrued expenses 276,000 6,000
Accounts payable related party 23,000 13,000
Current portion of long-term debt 281,000 0
Reserve for legal settlements 154,000 154,000
Deferred revenue 88,000 0
Total current liabilities 822,000 173,000
Long-term liabilities   0
Debt 280,000 0
Total long-term liabilities 280,000 0
Total liabilities 1,102,000 173,000
Stockholders' equity    
Common stock, $0.0001 par value, 200,000,000 shares authorized; 8,604,038 and 5,974,125 shares issued and outstanding, as of October 31, 2021 and January 31, 2021, respectively. 1,000 1,000
Treasury stock (1,598,000) 0
Additional paid-in capital 67,506,000 54,946,000
Accumulated deficit (46,871,000) (53,408,000)
Total stockholders' equity 19,038,000 1,539,000
Total liabilities and stockholders' equity 20,140,000 1,712,000
Series A Preferred Stock [Member]    
Stockholders' equity    
Series A Preferred stock, $0.0001 par value: 1,000,000 shares authorized; 200,000 shares issued and outstanding as of October 31, 2021; 150,000 shares issued and outstanding as of January 31, 2021 0 0
Series B Preferred Stock [Member]    
Stockholders' equity    
Series A Preferred stock, $0.0001 par value: 1,000,000 shares authorized; 200,000 shares issued and outstanding as of October 31, 2021; 150,000 shares issued and outstanding as of January 31, 2021 $ 0 $ 0