v3.26.1
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2025
Business Combination [Abstract]  
Summary of Unaudited Pro Forma Consolidated Information The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2024:

 

Pro forma year ended

 

 

December 31, 2025

 

 

December 31, 2024

 

 

(unaudited)

 

 

(unaudited)

 

 

 

 

 

 

 

Revenue

$

10,784,168

 

 

$

12,225,437

 

Net loss

$

(27,114,392

)

 

$

(8,012,736

)

Summary of Purchase Price Allocation Acquisition

The following table summarizes the purchase price allocation for the acquisition.

Asset

Asset Category

Allocated Cost

 

 

Power and interconnection rights

Intangible

$

1,081,320

 

25 years

Mining hosting equipment

Fixed Assets

 

330,368

 

9 months

Mining infrastructure

Fixed Assets

 

2,293,680

 

9-14 years

Land

Fixed Assets

 

525,000

 

 



 

$

4,230,368

 

 

Summary of Allocated Total Consideration Acquired Assets

The Company allocated the total consideration paid, including transaction costs, to the acquired assets based on their relative fair value, as follows:

Asset

Asset Category

Allocated Cost

 

Useful Life

Power and interconnection rights

Intangible

$

5,497,282

 

25 years

Mining hosting equipment

Fixed Assets

 

1,921,318

 

6-10 years





$

7,418,600