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Revenue
 3 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue
Note 5. Revenue
Disaggregation of Revenue
The Group primarily generates its revenue through Bitcoin mining and AI Cloud Services. The Group’s revenues are disaggregated by geographical region based on the location of the contracting entity and type of service or goods. For the
periods presented in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss), all Bitcoin mining revenue was generated in Australia and all AI Cloud Services revenue was generated in Canada.
Contract Balances
The timing of revenue recognition, billings and cash collections result in accounts receivable and deferred revenue. A receivable is recorded at the invoice amount, net of an allowance for credit losses, and is recognized in the period when the Group has the right to invoice its customers and when its right to consideration is unconditional. Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 5-10 days. The Group has determined that its contracts generally do not include a significant financing component.
Deferred revenue, including current and non-current balances as of September 30, 2025 and June 30, 2025, was $23,341,000 and $884,000, respectively. For the three months ended September 30, 2025 and 2024, revenue recognized from deferred revenue at the beginning of the period was $856,000 and $480,000, respectively.
Remaining Performance Obligations (“RPO”)
As of September 30, 2025, the Group had $195,027,000 of unsatisfied RPO, of which $93,363,000 is expected to be recognized over the initial 12 months ending September 30, 2026, $93,410,000 between months 13 and 24, and the remaining balance recognized between months 25 and 60.