v3.26.1
Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net loss for the period $ (19,012,854) $ (11,337,824)
Adjustments for:    
Digital currencies items 510,919 (10,762,446)
Depreciation of right-of-use assets 51,098
Depreciation and amortization 5,518,838 3,720,499
Interest on lease liabilities 5,016
Share based compensation 7,104,782 2,718,970
Loss from change in fair value of warrant liability 4,250,772 196,068
Change in fair value of loan and salaries payable 282,659
Accretion on liability 566
Foreign exchange (gain) loss (10,730,233) 3,528,235
Working capital items 1,750,578 (6,707,063)
Net cash used in operating activities (10,607,198) (18,304,222)
Investing activities    
Purchases and deposits on property, plant and equipment (96,308,574) (1,557,363)
Acquisition of investment (1,350,000)
Impact to cash resulting from deconsolidation of subsidiary (3,600,000)
Digital currencies traded for cash 10,972,014
Net cash (used in) provided by investing activities (101,258,574) 9,414,651
Financing activities    
Proceeds of shares issued for cash, net of issuance costs 159,547,599 8,051,923
Proceeds from exercise of warrants and options 1,961,391 4,525,000
Return of proceeds to non-controlling interest (1,000,000)
Repayment of loans payable (78,130)
Lease payments (30,000)
Net cash provided by financing activities 161,508,990 11,468,793
Net change in cash 49,643,218 2,579,222
Cash and cash equivalents, beginning of period 78,478,759 1,703,896
Cash and cash equivalents, end of period $ 128,121,977 $ 4,283,118