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Consolidated Condensed Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 5,804,858 $ 5,467,273
Prepaid expenses 1,969,969 332,154
Trade and other receivables 5,044,154 5,606,780
Cryptocurrencies   40,800
Total current assets 12,818,981 11,447,007
Property and equipment, net 102,532,708 76,936,850
Equipment deposits 41,722,172 51,369,216
Marketable securities 336,897 326,801
Security deposits 3,836,426 1,246,236
Operating lease right-of-use asset 4,722,973 3,968,262
Total assets 165,970,157 145,294,372
Current liabilities:    
Trade and other payables 13,995,302 7,746,988
Current portion of operating lease liability 1,410,192 1,222,382
Current portion of finance lease liability 28,962 8,105
Borrowings 16,036,514 11,095,388
Total current liabilities 31,470,970 20,072,863
Operating lease liability, net of current portion 3,520,623 2,962,765
Finance lease liability, net of current portion 106,159 38,764
Long-term borrowings 26,943,283 7,639,391
Total liabilities 62,041,035 30,713,783
Commitments and Contingencies (note 9)
Shareholders’ equity:    
Additional paid-in capital; Common stock (120,000,000 authorized, 71,585,295 issued and outstanding $0.001 par value shares). Series A preferred stock (1,000,000 authorized shares; nil issued and outstanding as at March 31, 2022) 186,724,867 186,389,568
Share subscription receivable
Accumulated other comprehensive income (loss) 62,214 (521,094)
Accumulated deficit (82,458,914) (71,123,259)
Total stockholders’ equity 104,328,167 114,745,215
Non-controlling interest (399,045) (164,626)
Total liabilities and stockholders’ equity $ 165,970,157 $ 145,294,372