| 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.
Three Months Ended March 31, 2026 | |
Cryptocurrency
mining | | |
Sales of
energy and
electricity | | |
Colocation
Services | | |
Tier III
AI Project | | |
Total | |
| Revenue | |
$ | 47,727 | | |
$ | 3,716,711 | | |
$ | 3,026,908 | | |
$ | - | | |
$ | 6,791,346 | |
| Cost of revenue | |
| (11,640 | ) | |
| (5,393,005 | ) | |
| (738,233 | ) | |
| - | | |
| (6,142,878 | ) |
| Depreciation and amortization | |
| (1,323,240 | ) | |
| (126,864 | ) | |
| - | | |
| - | | |
| (1,450,104 | ) |
| Net loss | |
| (1,389,237 | ) | |
| (1,803,158 | ) | |
| (1,459,950 | ) | |
| - | | |
| (4,652,345 | ) |
| EBITDA | |
| 65,997 | | |
| (1,676,294 | ) | |
| (1,459,950 | ) | |
| - | | |
| (3,202,241 | ) |
Three Months Ended March 31, 2025 | |
Cryptocurrency
mining | | |
Sales of
energy and
electricity | | |
Colocation
Services | | |
Tier III
AI Project | | |
Total | |
| Revenue | |
$ | 765,876 | | |
$ | 3,427,916 | | |
$ | 5,082,795 | | |
$ | - | | |
$ | 9,276,587 | |
| Cost of revenue | |
| (722,105 | ) | |
| (3,707,148 | ) | |
| (4,193,057 | ) | |
| - | | |
| (8,622,310 | ) |
| Depreciation and amortization | |
| (2,064,886 | ) | |
| (107,905 | ) | |
| - | | |
| - | | |
| (2,172,791 | ) |
| Net loss | |
| (2,135,862 | ) | |
| (387,137 | ) | |
| 889,738 | | |
| - | | |
| (1,633,261 | ) |
| EBITDA | |
| (70,976 | ) | |
| (279,232 | ) | |
| 889,738 | | |
| - | | |
| 539,530 | |
| As at March 31, 2026 | |
Cryptocurrency
mining | | |
Sales of
energy and
electricity | | |
Colocation
Services | | |
Tier III
AI Project | | |
Total | |
| Total assets | |
$ | 93,221,049 | | |
$ | 8,142,026 | | |
$ | - | | |
$ | 25,571,511 | | |
$ | 126,934,586 | |
| As at December 31, 2025 | |
Cryptocurrency
mining | | |
Sales of
energy and
electricity | | |
Colocation
Services | | |
Tier III
AI Project | | |
Total | |
| Total assets | |
$ | 50,707,889 | | |
$ | 10,387,735 | | |
$ | 61,994,641 | | |
$ | 11,023,314 | | |
$ | 134,113,579 | |
|