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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating activities    
Income for the year: $ 79,622,129 $ 24,144,242
Adjusted for:    
Depreciation and amortization 67,021,722 10,669,991
Loss on sale of subsidiary (gain) (3,171,275) 23,447,719
Loss (gain) on investment 837,822 (794,350)
Change in fair value of contingent consideration (1,368,472) 0
Impairment of goodwill and intangibles 13,330,029 0
Change in fair value of derivative liability (10,751,224) 7,176,949
Accretion and interest on convertible debt 3,365,602 509,704
Tax expense 2,416,000 0
Share-based compensation 6,753,250 1,654,346
Interest expense 597,112 434,491
Foreign exchange gain (loss) (3,297,820) 743,559
Changes in non-cash working capital items:    
Amounts receivable and prepaids 60,014 (5,512,346)
Taxes payable 53,718 (757,657)
Digital currencies (92,119,954) (40,407,426)
Accounts payable and accrued liabilities 5,137,168 2,383,786
Cash provided by operating activities 68,485,821 23,693,008
Investing activities    
Deposits on equipment (14,500,578) (43,890,558)
Investments (1,886,666) (187,386)
Quebec acquisition 0 (967,398)
Proceeds from disposal of mining equipment 2,978,856 0
Purchase of mining equipment (200,548,389) (21,349,503)
Cash divested from sale of subsidiary (237,254) (464,123)
Cash used in investing activities (214,194,031) (66,858,968)
Financing activities    
Exercise of options 2,059,991 1,803,432
Shares offering 33,907,451 64,543,080
Issuance of warrants 83,983,701 0
Repayment of loan (2,396,376) 0
Issuance of debenture 0 15,000,000
Repayment of debenture (4,057,336) (658,334)
Lease payments made, net of lease payments received (2,722,539) (2,394,103)
Cash provided by financing activities 110,774,892 78,294,075
Effect of exchange rate changes on cash (38,273) 32,271
Net increase in cash during the year (34,971,591) 35,160,386
Cash, beginning of year 40,290,513 5,130,127
Cash, end of year 5,318,922 40,290,513
Supplemental cash flow information    
Share consideration issued for Quebec acquisition 0 2,458,470
Share consideration issued for Atlantic acquisition 18,559,804 0
Share consideration issued for investments 14,576,439 0
Warrants issued for asset purchase 2,030,045 0
Recognition of right of use assets and lease liabilities 2,469,327 0
Supplemental disclosures:    
Interest Paid 286,047 259,726
Income taxes paid $ 0 $ 151,366