v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Net loss for the year $ (28,356,223) $ (12,391,298)
Adjustments for:    
Digital currencies items (15,103,264) (22,483,518)
Gain on sale of property, plant and equipment (280,000)
Depreciation of right-of-use assets 29,303 102,197
Depreciation and amortization 6,953,826 15,585,651
Interest on lease liabilities 5,742 24,707
Share based compensation 8,031,276 2,547,123
Gain (loss) from change in fair value of warrant liability 3,110,015 723,529
Lease modification (9,637)
Loss on settlement of debt 153,200
Change in fair value of loan and salaries payable 171,325 793,606
Change in fair value of investment (642,487) (50,159)
Accretion on liability 566 38,413
Foreign exchange loss (gain) 3,466,624 (5,581,069)
RSUs settled in cash (1,049,682)
Working capital items (2,015,710) 3,158,474
Net cash used in operating activities (25,535,126) (17,532,344)
Investing activities    
Purchases and deposits on property, plant and equipment (17,297,576) (3,790,777)
Proceeds from sale of property, plant and equipment 280,000
Acquisition of digital currencies (6,157,514)
Digital currencies traded for cash 10,972,014 18,507,626
Net cash (used in) provided by investing activities (12,203,076) 14,716,849
Financing activities    
Proceeds from pre-funded warrants 2,487,377
Proceeds of shares issued for cash, net of issuance costs 104,679,906 4,006,157
Proceeds from exercise of warrants and options 8,458,912
Return of proceeds to non-controlling interest (1,000,000) 1,000,000
Repayment of mortgage (400,500)
Repayment of loans payable (78,130) (317,559)
Lease payments (35,000) (109,980)
Net cash provided by financing activities 114,513,065 4,178,118
Net change in cash 76,774,863 1,362,623
Cash and cash equivalents, beginning of year 1,703,896 341,273
Cash and cash equivalents, end of year $ 78,478,759 $ 1,703,896