v3.25.4
Segmented Information
 9 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segmented Information [Text Block]

26. Segmented Information

The Company's Chief Operating Decision Maker ("CODM") is its President and CEO.  The Company operates in one segment, with two revenue streams being the mining and sale of digital currencies and high-performance computing hosting.  The Company uses net income as measure of profit or loss on a consolidated basis in making decisions regarding resource allocation and performance assessment.  Additionally, the Company's CODM regularly reviews the Company's expenses on a consolidated basis.  The financial metrics used by the CODM help make key operating decisions, such as determination of digital asset purchases and significant acquisitions and allocation of budget between cost of revenue and general and administrative expenses. 

External revenues are attributed by geographical location, based on the country from which services are provided.

December 31, 2025   Canada     Sweden     Paraguay     Bermuda     Total  
                               
Revenue from digital currency mining $ -   $ -   $ -   $ 211,095   $ 211,095  
High performance computing hosting   5,205     -     -     9,675     14,880  
  $ 5,205   $ -   $ -   $ 220,770   $ 225,975  

 

December 31, 2024   Canada     Sweden      Paraguay     Bermuda     Total  
                               
Revenue from digital currency mining $ -   $ -   $ -   $ 77,088   $ 77,088  
High performance computing hosting   -     -     -     7,030     7,030  
  $ -   $ -   $ -   $ 84,118   $ 84,118  

The Company's plant and equipment are located in the following jurisdictions:

December 31, 2025   Canada     Sweden     Paraguay     Bermuda     Total  
                               
Plant and equipment $ 86,979   $ 15,870   $ 366,476   $ -   $ 469,325  
Right of use asset   2,565     1,415     -     142     4,122  
  $ 89,544   $ 17,285   $ 366,476   $ 142   $ 473,447  

 

March 31, 2025   Canada     Sweden     Paraguay     Bermuda     Total  
                               
Plant and equipment $ 101,311   $ 25,953   $ 75,581   $ 3   $ 202,848  
Right of use asset   2,918     2,588     -     40     5,546  
  $ 104,229   $ 28,541   $ 75,581   $ 43   $ 208,394  

 

Concentrations

During the three and nine months ended December 31, 2025, and 2024, aside from the digital currency mining revenue generated as a result of the Company's participation in a mining pool, no single customer or related group of customers contributed 10% or more of the Company's total consolidated revenue.