Marathon Digital Holdings Quarterly report pursuant to sections 13 or 15(d)

Quarterly report pursuant to sections 13 or 15(d)

DISCONTINUED OPERATIONS (Tables)

DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations Balance Sheet and Income Statement

	June 30, 2012		December 31, 2011
Assets:
Prepaid expenses – current portion	$	-	$	20,000
Deposits		-		3,500
Assets of discontinued operations	$	-	$	23,500

Liabilities:
Accounts payables and accrued expenses	$	30,664	$	-
Liabilities of discontinued operations	$	30,664	$	-

The following table indicates selected financial data of the Company’s discontinued operations of its uranium and vanadium minerals business.

	June 30, 2012			Period from inception (April 30, 2011) to June 30, 2011
Revenues	$	-		$	-
Cost of sales		-			-
Gross profit		-			-
Operating and other non-operating expenses		(1,329,925	)		-

Loss from discontinued operations	$	(1,329,925	)	$	-

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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