SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2026

SEGMENT REPORTING

Schedule of reconciliation of segment profit (loss) to consolidated net income


		For the Three Months Ended
		June 30, 2026												June 30, 2025
		Energy												Energy
		Management			Mining of			Corporate &						Management			Mining of			Corporate &
		Platform			Digital Assets			Other			Total			Platform			Digital Assets			Other			Total
Revenue		$	1,474,195		$	605,982		$	—		$	2,080,177		$	2,533,902		$	1,118,569		$	—		$	3,652,471
Cost of revenue			1,663,763			1,055,347			—			2,719,110			1,836,023			1,102,738			—			2,938,761
Gross Profit (Loss)			(189,568)			(449,365)			—			(638,933)			697,879			15,831			—			713,710
Operating Expenses
Research and development			2,985,659			—			—			2,985,659			2,436,754			—			—			2,436,754
Selling, general, and administrative⁽¹⁾			7,481,356			98,630			—			7,579,986			7,727,996			—			—			7,727,996
Total Operating Expenses			10,467,015			98,630			—			10,565,645			10,164,750			—			—			10,164,750
Segment Net Loss			(10,656,583)			(547,995)			—			(11,204,578)			(9,466,871)			15,831			—			(9,451,040)
Other (Expense) Income
Other segment (expense) income⁽²⁾			(174,571)			—			—			(174,571)			225,529			—			—			225,529
Change in fair value of digital assets			—			—			(10,591,667)			(10,591,667)			—			—			17,367,660			17,367,660
Total Other (Expense) Income, net			(174,571)			—			(10,591,667)			(10,766,238)			225,529			—			17,367,660			17,593,189
Net Income (Loss)		$	(10,831,154)		$	(547,995)		$	(10,591,667)		$	(21,970,816)		$	(9,241,342)		$	15,831		$	17,367,660		$	8,142,149


		For the Six Months Ended
		June 30, 2026												June 30, 2025
		Energy												Energy
		Management			Mining of			Corporate &						Management			Mining of			Corporate &
		Platform			Digital Assets			Other			Total			Platform			Digital Assets			Other			Total
Revenue		$	4,758,314		$	1,268,293		$	—		$	6,026,607		$	4,732,754		$	1,368,323		$	—		$	6,101,077
Cost of revenue			4,050,998			2,097,250			—			6,148,248			3,738,284			1,442,738			—			5,181,022
Gross Profit (Loss)			707,316			(828,957)			—			(121,641)			994,470			(74,415)			—			920,055
Operating Expenses
Research and development			4,756,159			—			—			4,756,159			4,886,654			—			—			4,886,654
Selling, general, and administrative⁽¹⁾			14,316,065			295,890			—			14,611,955			14,928,246			—			—			14,928,246
Total Operating Expenses			19,072,224			295,890			—			19,368,114			19,814,900			—			—			19,814,900
Segment Net Loss			(18,364,908)			(1,124,847)			—			(19,489,755)			(18,820,430)			(74,415)			—			(18,894,845)
Other (Expense) Income
Other segment (expense) income⁽²⁾			(141,525)			—			—			(141,525)			611,276			—			—			611,276
Change in fair value of digital assets			—			—			(31,359,380)			(31,359,380)			—			—			7,619,060			7,619,060
Total Other (Expense) Income, net			(141,525)			—			(31,359,380)			(31,500,905)			611,276			—			7,619,060			8,230,336
Net Loss		$	(18,506,433)		$	(1,124,847)		$	(31,359,380)		$	(50,990,660)		$	(18,209,154)		$	(74,415)		$	7,619,060		$	(10,664,509)

(1)	Selling, general, and administrative included credit losses on Auto-Vibe assets and accounts receivable for 2026 and impairment of equipment deposits for 2025.

(2)	Other segment expense and income include miscellaneous income, interest income, interest expense, amortization of debt discount, gain (loss) on extinguishment of debt and change in fair value of accrued issuable equity.

Schedule of reconciliation of segment assets


		As of
		June 30, 2026												December 31, 2025
		Energy												Energy
		Management			Mining of			Corporate &							Management		Mining of			Corporate &
		Platform			Digital Assets			Other			Total			Platform			Digital Assets			Other			Total
Segment Assets
Cash and Restricted Cash		$	13,067,983		$	—		$	—		$	13,067,983		$	13,300,188		$	—		$	—		$	13,300,188
Digital assets			—			—			63,922,870			63,922,870			—			—			93,995,256			93,995,256
All other assets			23,085,238			—			—			23,085,238			21,672,260			—			—			21,672,260
Total Assets		$	36,153,221		$	—		$	63,922,870		$	100,076,091		$	34,972,448		$	—		$	93,995,256		$	128,967,704