RIGHT-OF-USE ASSETS |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RIGHT-OF-USE ASSETS |
During the three months ended June 30, 2026, the Company recognized additions to right-of-use assets of $5,820,618, depreciation of right-of-use assets of $5,820,618 and interest on lease liabilities of $95,816. For the nine months ended June 30, 2026, additions and depreciation were $7,595,884 and interest on lease liabilities was $114,084. Lease liabilities of $ were settled using digital currency during the three-month period. Right-of-use assets and lease liabilities were nil at June 30, 2026.
The lease term comprises the non-cancellable period of each contract together with periods covered by an extension option when the Company is reasonably certain to exercise that option and periods covered by a termination option when the Company is reasonably certain not to exercise that option.
The following tables reconcile right-of-use assets and lease liabilities for the periods ended June 30, 2026:
Depreciation of mining-related right-of-use assets is classified within direct costs and interest on lease liabilities is classified within finance costs. |
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