| Schedule of business segments |
| Schedule of business segments
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Technologies |
|
|
Data Center Hosting & Related Services |
|
|
Asset Management Services |
|
|
Corporate and Unallocated |
|
|
Consolidated |
|
| Net revenues |
|
$ |
3,705,551 |
|
|
$ |
32,000 |
|
|
$ |
13,827,958 |
|
|
$ |
— |
|
|
$ |
17,565,509 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of revenues (including $39,142 of depreciation) |
|
|
3,091,784 |
|
|
|
49,536 |
|
|
|
9,075,172 |
|
|
|
— |
|
|
|
12,216,492 |
|
| Operating Expenses (excluding depreciation and amortization) |
|
|
5,435,074 |
|
|
|
1,322,711 |
|
|
|
— |
|
|
|
— |
|
|
|
6,757,785 |
|
| Depreciation and amortization |
|
|
1,923,056 |
|
|
|
144 |
|
|
|
— |
|
|
|
— |
|
|
|
1,923,200 |
|
| Stock Compensation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
3,014,323 |
|
|
|
3,014,323 |
|
| Income (loss) from operations |
|
|
(6,744,363 |
) |
|
|
(1,340,391 |
) |
|
|
4,752,786 |
|
|
|
(3,014,323 |
) |
|
|
(6,346,291 |
) |
| Interest Expense |
|
|
(3,264 |
) |
|
|
(435,996 |
) |
|
|
— |
|
|
|
— |
|
|
|
(439,260 |
) |
| Gain (Loss) on extinguishment of debt |
|
|
— |
|
|
|
(95,718 |
) |
|
|
— |
|
|
|
— |
|
|
|
(95,718 |
) |
| Other Income |
|
|
33,294 |
|
|
|
22,090 |
|
|
|
4,463 |
|
|
|
183,474 |
|
|
|
243,321 |
|
| Provision for income tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Net income (loss) |
|
$ |
(6,714,333 |
) |
|
$ |
(1,850,015 |
) |
|
$ |
4,757,249 |
|
|
$ |
(2,830,849 |
) |
|
$ |
(6,637,948 |
) |
Nine Months Ended September 30, 2024
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Technologies |
|
|
Data Center Hosting & Related Services |
|
|
Asset Management Services |
|
|
Corporate and Unallocated |
|
|
Consolidated |
|
| Net revenues |
|
$ |
5,820,086 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
5,820,086 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cost of revenues |
|
|
5,020,919 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
5,020,919 |
|
| Operating Expenses (excluding depreciation and amortization) |
|
|
6,782,685 |
|
|
|
214,684 |
|
|
|
— |
|
|
|
— |
|
|
|
6,997,369 |
|
| Depreciation and amortization |
|
|
1,472,924 |
|
|
|
41 |
|
|
|
— |
|
|
|
— |
|
|
|
1,472,965 |
|
| Stock Compensation |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
226,575 |
|
|
|
226,575 |
|
| Income (loss) from operations |
|
|
(7,456,442 |
) |
|
|
(214,725 |
) |
|
|
— |
|
|
|
(226,575 |
) |
|
|
(7,897,742 |
) |
| Interest Expense |
|
|
(1,595 |
) |
|
|
(116,396 |
) |
|
|
— |
|
|
|
— |
|
|
|
(117,991 |
) |
| Change in fair value of warrant liabilities |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
245,980 |
|
|
|
245,980 |
|
| Gain (Loss) on extinguishment of warrant liabilities |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
379,626 |
|
|
|
379,626 |
|
| Other Income |
|
|
28,801 |
|
|
|
3,183 |
|
|
|
— |
|
|
|
— |
|
|
|
31,984 |
|
| Provision for income tax |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
| Net income (loss) |
|
$ |
(7,429,236 |
) |
|
$ |
(327,938 |
) |
|
$ |
— |
|
|
$ |
399,031 |
|
|
$ |
(7,358,143 |
) |
Total assets by segment on September 30, 2025
and December 31, 2024:
| |
|
|
|
|
|
|
| |
|
September 30,
2025 |
|
|
December 31,
2024 |
|
| Technologies |
|
$ |
10,502,420 |
|
|
$ |
11,819,377 |
|
| Data Center Hosting & Related Services |
|
|
12,065,715 |
|
|
|
4,131,189 |
|
| Asset Management Services |
|
|
9,330,833 |
|
|
|
7,530,274 |
|
| Corporate and Unallocated |
|
|
37,895,312 |
|
|
|
11,477,837 |
|
| |
|
$ |
69,794,280 |
|
|
$ |
34,958,677 |
|
|