| Schedule of Segment Performance and Allocates Resources Based on Segment Revenue, Net Loss, and Total Assets |
The Corporation’s CODM evaluates segment
performance and allocates resources based on segment revenue, net loss, and total assets. Accordingly, the Tier III AI data center segment
has been included as a reportable segment for the year ended December 31, 2025.
| Year Ended December 31, 2025 | |
Cryptocurrency mining | | |
Sales of energy and electricity | | |
Colocation services | | |
Tier III AI project | | |
Total | |
| Revenue | |
$ | 3,523,378 | | |
$ | 13,195,949 | | |
$ | 17,468,899 | | |
$ | - | | |
$ | 34,188,226 | |
| Cost of revenue | |
| (2,026,237 | ) | |
| (18,378,656 | ) | |
| (10,046,069 | ) | |
| - | | |
| (30,450,962 | ) |
| Depreciation and amortization | |
| (6,506,773 | ) | |
| (447,054 | ) | |
| - | | |
| - | | |
| (6,953,827 | ) |
| Net loss | |
| (7,549,460 | ) | |
| (14,196,255 | ) | |
| (6,610,508 | ) | |
| - | | |
| (28,356,223 | ) |
| EBITDA | |
| (1,328,562 | ) | |
| (13,749,201 | ) | |
| (6,610,508 | ) | |
| - | | |
| (21,688,271 | ) |
| Total assets | |
| 50,707,889 | | |
| 10,387,735 | | |
| 61,994,641 | | |
| 11,023,314 | | |
| 134,113,579 | |
| | |
| | |
Sales of | | |
| | |
| | |
| |
| | |
Cryptocurrency | | |
energy and | | |
Colocation | | |
Tier III | | |
| |
| Year Ended December 31, 2024 | |
mining | | |
electricity | | |
services | | |
AI project | | |
Total | |
| Revenue | |
$ | 10,318,500 | | |
$ | 10,893,584 | | |
$ | 15,790,179 | | |
$ | - | | |
$ | 37,002,263 | |
| Cost of revenue | |
| (7,192,288 | ) | |
| (14,513,076 | ) | |
| (11,006,203 | ) | |
| - | | |
| (32,711,567 | ) |
| Depreciation and amortization | |
| (15,268,695 | ) | |
| (368,921 | ) | |
| - | | |
| - | | |
| (15,637,616 | ) |
| Net loss | |
| (13,186,861 | ) | |
| (3,988,413 | ) | |
| 4,783,976 | | |
| - | | |
| (12,391,298 | ) |
| EBITDA | |
| 2,081,834 | | |
| (3,619,492 | ) | |
| 4,783,976 | | |
| - | | |
| 3,246,318 | |
| Total assets | |
| 28,168,234 | | |
| 6,149,854 | | |
| - | | |
| - | | |
| 34,318,088 | |
|