v3.26.1
Segmented Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segmented Reporting [Abstract]  
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 June 30, 2026  Cryptocurrency
mining		  

Sales of

energy and electricity

   Colocation
services		   Tier III AI
project		   Total 
Revenue  $161,422   $1,958,285   $3,426,308   $1,082,592   $6,628,607 
Cost of revenue   (164,387)   (2,315,384)   (4,693,019)   (911,147)   (8,083,937)
Depreciation and amortization   (1,249,076)   (136,542)   
-
    (2,683,116)   (4,068,734)
Net loss   (4,181,491)   (3,299,898)   (3,916,298)   (2,962,822)   (14,360,509)
EBITDA   (3,778,400)   (3,163,356)   (3,916,298)   (279,706)   (11,137,760)

 

Six Months Ended June 30, 2026  Cryptocurrency
mining		   Sales of
energy and
electricity		   Colocation
services		   Tier III AI
project		   Total 
Revenue  $209,149   $6,850,863   $6,453,216   $1,082,592   $14,595,820 
Cost of revenue   (176,027)   (8,884,256)   (5,431,252)   (911,147)   (15,402,682)
Depreciation and amortization   (2,572,316)   (263,406)   
-
    (2,683,116)   (5,518,838)
Net loss   (9,230,955)   (5,151,776)   (1,667,301)   (2,962,822)   (19,012,854)
EBITDA   (8,005,403)   (4,888,370)   (1,667,301)   (279,706)   (14,840,780)

 

       Sales of             
   Cryptocurrency   energy and   Colocation   Tier III     
Three Months Ended June 30, 2025  mining   electricity   services   AI project   Total 
Revenue  $1,394,740   $2,229,582   $4,487,129   $
    -
   $8,111,451 
Cost of revenue   (388,481)   (4,638,292)   (1,603,068)   
-
    (6,629,841)
Depreciation and amortization   (1,100,981)   (174,071)   (2,500,601)   
-
    (1,573,691)
Net loss   (7,505,242)   (2,582,781)   383,460    
-
    (9,704,563)
EBITDA   (8,606,223)   (2,408,710)   2,884,061    
-
    (8,130,872)

 

       Sales of             
   Cryptocurrency   energy and   Colocation   Tier III     
Six Months Ended June 30, 2025  mining   electricity   services   AI project   Total 
Revenue  $2,160,616   $5,657,498   $9,569,924   $
      -
   $17,388,038 
Cost of revenue   (1,110,586)   (8,345,440)   (5,796,125)   
-
    (15,252,151)
Depreciation and amortization   (963,905)   (281,976)   (2,500,601)   
-
    (3,746,482)
Net loss   (9,641,104)   (2,969,918)   1,273,198    
-
    (11,337,824)
EBITDA   (8,677,199)   (2,687,942)   3,773,799    
-
    (7,591,342)
       Sales of             
   Cryptocurrency   energy and   Colocation   Tier III     
As at June 30, 2026  mining   electricity   services   AI project   Total 
Total assets   101,701,153    11,228,751    107,659,895    58,986,521    279,576,320 

 

       Sales of             
   Cryptocurrency   energy and   Colocation   Tier III     
As at December 31, 2025  mining   electricity   services   AI project   Total 
Total assets   50,707,889    10,387,735    61,994,641    11,023,314    134,113,579