| Property, plant and equipment |
| 5. | Property,
plant and equipment |
| | |
Land and
buildings(1) | | |
Data miners | | |
Equipment (1) | | |
Leasehold
improvement | | |
Power plant
in use(2) | | |
Total | |
| Cost | |
| | |
| | |
| | |
| | |
| | |
| |
| December 31, 2024 | |
$ | 7,094,339 | | |
$ | 31,895,779 | | |
$ | 24,592,207 | | |
$ | 1,079,542 | | |
$ | 5,234,577 | | |
$ | 69,896,444 | |
| Additions | |
| 1,718,524 | | |
| 1,100,550 | | |
| 1,962,022 | | |
| - | | |
| 1,405,657 | | |
| 6,186,753 | |
| Disposal | |
| - | | |
| (14,041,665 | ) | |
| - | | |
| - | | |
| - | | |
| (14,041,665 | ) |
| December 31, 2025 | |
| 8,812,863 | | |
| 18,954,664 | | |
| 26,554,229 | | |
| 1,079,542 | | |
| 6,640,234 | | |
| 62,041,532 | |
| Additions | |
| 1,429,804 | | |
| - | | |
| 2,903,093 | | |
| - | | |
| 290,577 | | |
| 4,623,474 | |
| March 31, 2026 | |
$ | 10,242,667 | | |
$ | 18,954,664 | | |
$ | 29,457,322 | | |
$ | 1,079,542 | | |
$ | 6,930,811 | | |
$ | 66,665,006 | |
| Accumulated depreciation | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| December 31, 2024 | |
$ | 491,218 | | |
$ | 31,496,438 | | |
$ | 13,061,778 | | |
$ | 506,900 | | |
$ | 696,367 | | |
$ | 46,252,701 | |
| Depreciation | |
| 403,233 | | |
| 399,341 | | |
| 5,469,650 | | |
| 105,318 | | |
| 447,054 | | |
| 6,824,596 | |
| Impairment | |
| - | | |
| (14,041,665 | ) | |
| - | | |
| - | | |
| - | | |
| (14,041,665 | ) |
| December 31, 2025 | |
| 894,451 | | |
| 17,854,114 | | |
| 18,531,428 | | |
| 612,218 | | |
| 1,143,421 | | |
| 39,035,632 | |
| Depreciation | |
| 123,957 | | |
| 91,713 | | |
| 1,048,935 | | |
| 26,330 | | |
| 126,864 | | |
| 1,417,799 | |
| March 31, 2026 | |
$ | 1,018,408 | | |
$ | 17,945,827 | | |
$ | 19,580,363 | | |
$ | 638,548 | | |
$ | 1,270,285 | | |
$ | 40,453,431 | |
| Net carrying value | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| As at December 31, 2025 | |
$ | 7,918,412 | | |
$ | 1,100,550 | | |
$ | 8,022,801 | | |
$ | 467,324 | | |
$ | 5,496,813 | | |
$ | 23,005,900 | |
| As at March 31, 2026 | |
$ | 9,224,259 | | |
$ | 1,008,837 | | |
$ | 9,876,959 | | |
$ | 440,994 | | |
$ | 5,660,526 | | |
$ | 26,211,575 | |
| (1) | As
at March 31, 2026, the Corporation made capital investments related to the development of its Tier III AI data centers segment (see
Note 17 to the Condensed Interim Consolidated Financial Statements) and are included within property, plant and equipment. Depreciation
is not recognized on the AI data center assets that are not yet available for their intended use. The carrying amount of these assets
is $5,013,601. |
|