XML 13 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Revenue:        
Digital asset mining $ 0 $ 1,728,108 $ 0 $ 2,787,172
Commissions 133,272 0 133,272 0
Online sales, net 9,589 0 10,737 0
Total revenue 142,861 1,728,108 144,009 2,787,172
Costs and expenses:        
Cost of revenues - energy, hosting, and other 0 1,171,749 0 2,011,560
Cost of revenues - online products 3,415 0 3,803 0
General and administrative 625,199 190,932 960,413 8,679,949
Depreciation and amortization 412,014 745,720 895,714 1,479,284
Loss on disposition of property and equipment 0 121,670 0 121,670
Change in fair value of digital assets 28,336 (175,741) 8,798 (115,416)
Realized (gain) loss on sale/purchase of digital assets (209,441) 9,457 61,835 2,651
Impairment of property and equipment 0 0 103,410 0
Total operating expenses 859,523 2,063,787 2,033,973 12,179,698
Income (loss) from operations (716,662) (335,679) (1,889,964) (9,392,526)
Other income (expense):        
Interest expense (12,998) (23,884) (26,058) (46,914)
Loss on settlement of payables 0 0 (56,887) 0
Total other income (expense) (12,998) (23,884) (82,945) (46,914)
Income (loss) before income taxes (729,660) (359,563) (1,972,909) (9,439,440)
Provision for income taxes 0 0 0 0
Net income (loss) (729,660) (359,563) (1,972,909) (9,439,440)
Net income (loss) attributable to noncontrolling interest (55,749) 0 (82,951) 0
Net income (loss) attributable to Integrated Ventures, Inc. (673,911) (359,563) (1,889,958) (9,439,440)
Dividends on Preferred Stock 0 (207,797.00) 0 (415,594)
Net income (loss) attributable to shareholders $ (673,911) $ (567,360) $ (1,889,958) $ (9,855,034)
Net income (loss) per common share attributable to shareholders, basic and diluted $ (0.13) $ (0.13) $ (0.36) $ (2.61)
Weighted average number of common shares outstanding, basic and diluted 5,317,287 4,228,742 5,200,482 3,768,780