v3.26.1
Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating activities    
Net loss for the period $ (4,652,345) $ (1,633,261)
Adjustments for:    
Digital currencies items 1,252,784 (4,469,226)
Depreciation of right-of-use assets 25,549
Depreciation and amortization 1,450,104 2,159,800
Interest on lease liabilities 2,648
Share based compensation 1,352,975 828,763
Gain (loss) from change in fair value of warrant liability (784,833) (2,764,723)
Accretion on liability 566
Foreign exchange loss (gain) (2,964,157) 21,168
Working capital items (2,051,916) (4,276,284)
Net cash used in operating activities (6,397,388) (10,105,000)
Investing activities    
Purchases and deposits on property, plant and equipment (15,172,560) (782,106)
Acquisition of investment (1,000,000)
Digital currencies traded for cash 4,598,203
Net cash (used in) provided by investing activities (16,172,560) 3,816,097
Financing activities    
Proceeds of shares issued for cash, net of issuance costs 6,482,509
Return of proceeds to non-controlling interest (1,000,000)
Contributions from non-controlling interest 1,905,000
Repayment of loans payable (78,130)
Lease payments (15,000)
Net cash provided by financing activities 1,905,000 5,389,379
Net change in cash (20,664,948) (899,524)
Cash and cash equivalents, beginning of period 78,478,759 1,703,896
Cash and cash equivalents, end of period $ 57,813,811 $ 804,372