Additional Details to the Statements of Operations (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Organization [Abstract] |
|
| Schedule of Disaggregated Revenues |
Disaggregated revenues
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Cryptocurrency Mining | |
| 206,209 | | |
| 128,172 | | |
| 115,340 | |
| Cryptocurrency Hosting | |
| 4,491 | | |
| — | | |
| — | |
| Electrical services | |
| 4,595 | | |
| 5,102 | | |
| 5,060 | |
| Energy sales | |
| 13,981 | | |
| — | | |
| — | |
| | |
| 229,276 | | |
| 133,274 | | |
| 120,400 | |
|
| Schedule of Cost of Revenues |
Cost of revenues
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Energy expenses | |
| (80,280 | ) | |
| (60,368 | ) | |
| (68,715 | ) |
| Sales tax recovery - energy | |
| — | | |
| 17,017 | | |
| — | |
| Depreciation and amortization | |
| (98,130 | ) | |
| (102,469 | ) | |
| (65,043 | ) |
| Sales tax recovery - depreciation and amortization | |
| — | | |
| 8,760 | | |
| — | |
| Hosting expenses | |
| (7,735 | ) | |
| — | | |
| — | |
| Infrastructure expenses | |
| (58,179 | ) | |
| (8,045 | ) | |
| (6,243 | ) |
| Electrical components and salaries | |
| (3,856 | ) | |
| (4,081 | ) | |
| (4,141 | ) |
| | |
| (248,180 | ) | |
| (149,186 | ) | |
| (144,142 | ) |
|
| Schedule of General and Administrative Expenses |
General and administrative expenses
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Salaries and wages | |
| (28,234 | ) | |
| (20,243 | ) | |
| (11,370 | ) |
| Stock-based compensation | |
| (14,768 | ) | |
| (12,079 | ) | |
| (10,606 | ) |
| Professional services | |
| (20,624 | ) | |
| (22,874 | ) | |
| (6,238 | ) |
| Sales tax recovery - professional services | |
| — | | |
| 1,389 | | |
| — | |
| Insurance, duties and other | |
| (10,261 | ) | |
| (6,601 | ) | |
| (4,020 | ) |
| Travel, motor vehicle and meals | |
| (2,165 | ) | |
| (1,252 | ) | |
| (812 | ) |
| Telecom hosting and telecommunications | |
| (542 | ) | |
| (303 | ) | |
| (365 | ) |
| Advertising and promotion | |
| (1,745 | ) | |
| (697 | ) | |
| (456 | ) |
| Sales tax recovery - other general and administrative expenses | |
| — | | |
| 735 | | |
| — | |
| | |
| (78,339 | ) | |
| (61,925 | ) | |
| (33,867 | ) |
|
| Schedule of Other Expense |
Other expense
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | | |
2023 | |
| Gain on derecognition of warrants | |
| — | | |
| 62 | | |
| — | |
| Gain on settlement of Refundable Hosting Deposits | |
| 945 | | |
| — | | |
| — | |
| Loss on initial recognition of refundable deposits | |
| — | | |
| (933 | ) | |
| — | |
| Amortization of transaction costs and debt discount | |
| (3,148 | ) | |
| — | | |
| — | |
| Gain (loss) on exchange rates | |
| (422 | ) | |
| (896 | ) | |
| (590 | ) |
| Other financial expenses | |
| (3,438 | ) | |
| (343 | ) | |
| (938 | ) |
| | |
| (6,063 | ) | |
| (2,110 | ) | |
| (1,528 | ) |
|