Developed software products mPulse 2.0 and mVSO 2.0
Company: CleanSpark
The claim, verbatim
Has developed and released proven technology software products mPulse 2.0 and mVSO 2.0 with estimated amortization period of approximately seven years
Source (primary)
CleanSpark 10-Q filed 2018-08-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “For products where proven technology exists, such as mPulse 2.0 and mVSO 2.0”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The filing calls these proven-technology products and cites a general seven-year amortization period. However, it describes the 2.0 versions as still in development, with only a limited beta of mPulse 2.0, not as released products.
Confirmed in the source:
- The filing describes mPulse 2.0 and mVSO 2.0 as products where proven technology exists
- The company's capitalized software development costs generally amortize over seven years for its current product offerings
We could not confirm this from the cited source:
- That mPulse 2.0 and mVSO 2.0 have been fully developed and released (the filing says development began September 27, 2017, a release was planned for fiscal Q3 2018, and only a beta of mPulse 2.0 had been offered to a limited number of customers)
- That the seven-year amortization period applies specifically to mPulse 2.0 and mVSO 2.0 (amortization begins only upon a product's release)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000166357718000382/mainbody.htm) in full (111,603 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2018-08-20
Quote: “For products where proven technology exists, such as mPulse 2.0 and mVSO 2.0”