ACQUISITIONS AND DISPOSITIONS (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Business Combination [Line Items] |
|
| SCHEDULE OF CONSIDERATION TRANSFERRED TO ACQUIRE AND IDENTIFY ASSETS ACQUIRED AND LIABILITIES ASSUMED |
The
following table summarizes the consideration transferred to acquire Bald Eagle and the amounts of identified assets acquired and liabilities
assumed at the acquisition date:
SCHEDULE
OF CONSIDERATION TRANSFERRED TO ACQUIRE AND IDENTIFY ASSETS ACQUIRED AND LIABILITIES ASSUMED
| | |
January 17, 2025 | |
| Cash consideration | |
$ | 3,550,000 | |
| Option payment | |
| 1,215,000 | |
| Purchase price | |
$ | 4,765,000 | |
| | |
| | |
| Assets acquired | |
| | |
| S19J Pro Bitmain ASIC Miners | |
| 746,159 | |
| Natural gas power generators | |
| 1,671,586 | |
| Transformers | |
| 131,878 | |
| Data centers | |
| 609,554 | |
| Shipping containers | |
| 13,744 | |
| Standby generators | |
| 66,090 | |
| Fair value of identified net assets acquired | |
$ | 3,239,011 | |
| Goodwill acquired on acquisition | |
$ | 1,525,989 | |
|
| SCHEDULE OF FAIR VALUE OF ASSETS ACQUIRED |
The
purchase price was allocated based on the relative fair value of the assets acquired as follows:
SCHEDULE
OF FAIR VALUE OF ASSETS ACQUIRED
| Assets Acquired: | |
Fair Value | |
| S19J Pro Bitmain ASIC Miners | |
$ | 102,812 | |
| Natural Gas Power Plant | |
| 566,009 | |
| Power Purchase Agreement | |
| 673,769 | |
| Bitcoin Mining Facility and Infrastructure | |
| 171,116 | |
| Total assets acquired | |
$ | 1,513,706 | |
|
| SCHEDULE OF ASSETS AND LIABILITIES DISCONTINUED OPERATIONS |
Details
of the assets and liabilities of discontinued operations are as follows:
SCHEDULE
OF ASSETS AND LIABILITIES DISCONTINUED OPERATIONS
| | |
December 31, 2025 | | |
December 31, 2024 | |
| Carrying amount of major classes of assets included as part of discontinued operations | |
| | | |
| | |
| Current | |
| | | |
| | |
| Prepaid expenses and other current assets | |
$ | - | | |
$ | 245,019 | |
| Inventories | |
| - | | |
| 36,482 | |
| Total current assets in discontinued operations | |
| - | | |
| 281,501 | |
| | |
| | | |
| | |
| Non-current | |
| | | |
| | |
| Intangible assets, net | |
$ | - | | |
$ | 494,114 | |
| Goodwill | |
| - | | |
| 294,941 | |
| Total long-term assets in discontinued operations | |
| - | | |
| 789,055 | |
| | |
| | | |
| | |
| Carrying amount of major classes of liabilities included as part of discontinued operations | |
| | | |
| | |
| Current | |
| | | |
| | |
| Accounts payable and accrued liabilities | |
$ | - | | |
$ | 99,111 | |
| Total current liabilities in discontinued operations | |
| - | | |
| 99,111 | |
| | |
| | | |
| | |
| Non-current | |
| | | |
| | |
| Other liabilities | |
$ | - | | |
$ | 98,864 | |
| Total long-term liabilities in discontinued operations | |
| - | | |
| 98,864 | |
|
| Bald Eagle Mining, LLC [Member] |
|
| Business Combination [Line Items] |
|
| SCHEDULE OF PRO FORMA INFORMATION |
The
following pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1,
2024.
SCHEDULE
OF PRO FORMA INFORMATION
| | |
Pro
forma year ended
December 31,
2025 | | |
Pro
forma year ended
December 31,
2024 | |
| Revenue | |
| 2,340,811 | | |
| 1,768,790 | |
| Net loss | |
| (33,195,206 | ) | |
| (16,271,888 | ) |
|