v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 78,478,759 $ 1,703,896
Digital currencies 14,814,180 4,525,416
Current portion of amounts receivable and other assets 1,576,272 384,939
Other receivable 44,000 44,000
Total current assets 94,913,211 6,658,251
Property, plant and equipment, net 23,005,900 23,643,743
Operating lease right-of-use assets 117,205
Intangible asset 926,339 1,055,569
Amounts receivable and other assets, net of current portion 13,724,798 1,942,476
Investment 1,543,331 900,844
Total assets 134,113,579 34,318,088
Current liabilities    
Accounts payable and accrued liabilities 6,350,923 6,579,948
Current portion of operating lease liabilities 51,112
Current portion of loans payable 77,564
Warrant liabilities 2,297,930 3,040,494
Total current liabilities 8,648,853 9,749,118
Deposits payable 2,203,526 2,203,526
Lease liabilities, net of current portion 75,685
Total liabilities 10,852,379 12,028,329
Shareholders’ equity    
Subordinate voting shares, no par value, unlimited shares authorized; 69,427,788 shares and 33,011,600 shares issued and outstanding at December 31, 2025 and 2024, respectively
Proportionate voting shares, no par value, unlimited shares authorized; 3,333 shares and 3,333 shares issued and outstanding at December 31, 2025 and 2024, respectively
Additional paid-in capital 216,409,130 90,011,906
Accumulated deficit (88,870,607) (60,514,384)
Accumulated other comprehensive income (loss), net (4,277,323) (7,487,193)
Total shareholders’ equity attributable to shareholders 123,261,200 22,010,329
Non-controlling interest 279,430
Total shareholders’ equity 123,261,200 22,289,759
Total liabilities and shareholders’ equity $ 134,113,579 $ 34,318,088