v3.25.4
INTERIM CONDENSED STATEMENTS OF CASH FLOWS - CAD ($)
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Income (loss) for the period $ (11,846,638) $ 3,225,716
Adjustments for:    
Staking and validating income (2,101,617) (1,244,849)
Realized gain on dispositions of cryptocurrencies 6,027,724 (4,430,368)
Realized (gain) loss on investments 196,881 442
Share-based compensation 1,276,413 628,796
Accretion 611,174  
Amortization 2,398,343 50,082
Foreign exchange loss (gain) (312,111)  
Expenses paid in cryptocurrencies (377,250)  
Net change in non-cash working capital items:    
Receivables and prepaid expenses (986,788) (51,525)
Accounts payable and accrued liabilities (465,320) 328,656
Income tax recoverable/payable   1,163,013
Cash used in operating activities (5,579,189) (330,037)
Financing activities    
Gross proceeds from LIFE Offering 30,003,000  
Share issue costs (2,137,058)  
Proceeds from loan 5,880,580  
Shares issued to acquire intangible assets   2,472,149
Cryptocurrencies used to acquire intangible assets   2,334,385
Proceeds from exercise of options and warrants   236,213
Fair value of future share considerations to acquire intangible assets   6,606,561
Deferred share issuance to acquire intangible assets   22,310,400
Credit facility proceeds (net) (7,000,000) 4,156,214
Cash from financing activities 26,746,522 38,115,922
Investing activities    
Purchase of cryptocurrencies (38,193,584) (13,205,774)
Proceeds from sale of cryptocurrencies 15,463,314 8,362,244
Purchase of assets   (34,324,259)
Sale/redemption of investments   827,669
Cash used in investing activities (22,730,270) (38,340,120)
Change in cash and cash equivalents (1,562,937) (554,235)
Cash and cash equivalents, beginning of the period 1,785,403 1,808,052
Cash and cash equivalents, end of the period $ 222,466 $ 1,253,817