v3.26.3
Segment Information
 12 Months Ended
Jun. 30, 2026
Segment Information [Abstract]  
Segment Information
18. Segment Information

 

During the twelve months ended June 30, 2026, the Company operated three Segments:

 

● CleanCore, which specializes in the development and production of cleaning products that produce pure aqueous ozone using patented nanobubble technology that is highly effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas

 

● Treasury, established on September 5, 2025 when the Company adopted a Digital Asset Trading strategy focused on Dogecoin as part of a $175 million private placement offering.

 

● Critical AI Infrastructure, announced on June 8, 2026, focused on building data centers to meet the increasing compute needs of AI companies

 

Due to the establishment of our digital asset treasury strategy on September 5, 2025, and AI Critical Infrastructure business on June 8, 2026, we had three reportable operating segments as of June 30, 2026: (i) the CleanCore segment, which was engaged in the development and production of cleaning products and solutions that are marketed for professional, industrial, or home use; (ii) the Treasury segment, which executed our digital asset treasury strategy focused on Dogecoin and includes the Treasury Assets; and (iii) the AI Critical Infrastructure segment, which is building the next generation of data centers that help power the AI economy.

 

The Treasury segment included dedicated resources assigned to execute on our digital asset strategy, unrealized gain or loss on digital assets, and other third-party costs associated with our digital assets holdings, and income tax effects generated from our Dogecoin holdings to better align with their activities and utilization.

 

The AI Critical Infrastructure segment includes costs related to the development of data centers. This segment has not generated any revenue as of June 30, 2026.

 

The Company’s chief operating decision maker (“CODM”) is the Company’s Chief Executive Officer, Tyler Hassen, who was appointed on March 16, 2026, who managed the Company as three discrete segments as well as on a consolidated basis, in conjunction with the Company’s General Manager, who was the former Chief Executive Officer, Clayton Adams. The CODM used net income (loss) to assess the profitability of the CleanCore Segment by comparing actual to budgeted results on a quarterly basis. In doing so, he focused on revenue, gross profit, and operating profit (loss) of the CleanCore Segment. The CODM assessed the Treasury Segment using the value of the Dogecoin and number of tokens held. The CODM assesses the AI Critical segment using actual vs. budgeted expenses and progress towards construction completion. All segments allocate personnel and budget accordingly to maximize potential profitability. The CODM also uses net income (loss) to understand the impact from income taxes and financing costs for general tax and liquidity planning purposes.

 

The following table presents each Segment and on a consolidated basis, the Company’s revenues, gross profit and operating profit (loss) regularly provided to the CODM and reconciled to net income (loss) for each of the periods presented. Total segment assets provided to the CODM are also disclosed in the tables below for each period presented.

 

    For the Year Ended June 30, 2026  
    AI     CleanCore     Treasury     Consolidated  
Revenue   $ -     $ 3,406,434     $ -     $ 3,406,434  
Gross Profit     -       1,287,947       -       1,287,947  
Loss from Operations     (722,205 )     (17,234,866 )     (40,021,649 )     (57,978,720 )
Net Loss     -       (17,990,971 )     (156,169,893 )     (174,160,864 )
Total Assets   $ 12,048,858     $ 6,978,358     $ 33,480,376     $ 52,507,592