11.
OTHER NON-CURRENT ASSETS, NET
Other
non-current assets were comprised of the following:
| | |
March
31,
2026 | | |
December 31,
2025 | |
| Deposits
(a) | |
$ | 5,519,936 | | |
$ | 5,170,268 | |
| Deferred
contract costs | |
| 22,365,149 | | |
| 22,969,613 | |
| Others | |
| 518,812 | | |
| 480,284 | |
| Less:
Current expected credit losses | |
| (41,522 | ) | |
| (40,519 | ) |
| Total | |
$ | 28,362,375 | | |
$ | 28,579,646 | |
| (a) | As of March 31, 2026 and December 31, 2025, the balance of deposits primarily consisted of the deposits made to a utility company related to our colocation services and to our service providers who paid utility charges in mining facilities on behalf of the Company. The deposits are refundable upon expiration of the agreement. |
|