v3.25.2
Segmented Information
 3 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segmented Information [Text Block]

26. Segmented Information

The Company's Chief Operating Decision Maker ("CODM") is its President and CEO.  The Company operates in one segment, with two revenue streams being the mining and sale of digital currencies and high-performance computing hosting.  The Company uses net income as measures of profit or loss on a consolidated basis in making decisions regarding resource allocation and performance assessment.  Additionally, the Company's CODM regularly reviews the Company's expenses on a consolidated basis.  The financial metrics used by the CODM help make key operating decisions, such as determination of digital asset purchases and significant acquisitions and allocation of budget between cost of revenue and general and administrative expenses. 

External revenues are attributed by geographical location, based on the country from which services are provided.

Three months ended June 30, 2025   Canada     Sweden     Paraguay     Iceland     Switzerland     Bermuda     Total  
                                           
Revenue from digital currency mining $ -   $ -   $ -   $ -   $ -   $ 40,797   $ 40,797  
High performance computing hosting   -     -     -     -     -     4,814     4,814  
  $ -   $ -   $ -   $ -   $ -   $ 45,611   $ 45,611  

 

Three months ended June 30, 2024   Canada     Sweden     Paraguay     Iceland     Switzerland     Bermuda     Total  
                                           
Revenue from digital currency mining $ -   $ -   $ -   $ -   $ -   $ 29,636   $ 29,636  
High performance computing hosting   -     -     -     -     -     2,605     2,605  
  $ -   $ -   $ -   $ -   $ -   $ 32,241   $ 32,241  

The Company's plant and equipment are located in the following jurisdictions:

June 30, 2025   Canada     Sweden     Paraguay     Iceland     Switzerland     Bermuda     Total  
                                           
Plant and equipment $ 204,431   $ 22,186   $ 93,783   $ -   $ -   $ -   $ 320,400  
Right of use asset   3,110     2,203     -     -     -     27     5,340  
  $ 207,541   $ 24,389   $ 93,783   $ -   $ -   $ 27   $ 325,740  

 

March 31, 2025   Canada     Sweden     Paraguay     Iceland     Switzerland     Bermuda     Total  
                                           
Plant and equipment $ 101,311   $ 25,953   $ 75,581   $ -   $ -   $ 3   $ 202,848  
Right of use asset   2,918     2,588     -     -     -     40     5,546  
  $ 104,229   $ 28,541   $ 75,581   $ -   $ -   $ 43   $ 208,394  

Concentrations

During the three months ended June 30, 2025, and 2024, aside from the digital currency mining revenue generated as a result of the Company’s participation in a mining pool, no single customer or related group of customers contributed 10% or more of the Company’s total consolidated revenue.