v3.25.4
STATEMENTS OF CASH FLOWS - CAD ($)
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Income (loss) for the year $ (35,035,126) $ 6,607,664
Adjustments for:    
Validation service income received in cryptocurrencies (5,428,188)  
Validator fees, paid in fiat (575,315)  
Staking revenue received in cryptocurrencies (4,803,686)  
Realized gain on dispositions of cryptocurrencies (3,948,587) (7,648,448)
Realized (gain) loss on investments (note 9)   (1,160,891)
Unrealized (gain) loss on investments (note 9) 442 (1,064,911)
Gain from dissolution of subsidiary after tax (note 19)   (76,096)
Realized loss (gain) on sale of assets   21,759
share-based compensation (notes 14 and 18) 7,862,418 1,320,919
Interest paid with common shares 371,891  
Accretion 1,489,471  
Amortization (notes 7 and 8) 10,229,862 31,636
Impairment losses on intangible assets (note 7) 27,561,055  
Foreign exchange loss (gain) (127,050) (3,123)
Foreign exchange loss on convertible debt 416,281  
Expenses paid in cryptocurrencies (note 6) 582,302 (660,317)
Income received in cryptocurrencies (198,994)  
Deferred tax expense (recovery) (note 22) (8,175,750) 36,572
Net change in non-cash working capital items:    
Receivables and prepaid expenses (160,401) 110,388
Income taxes recoverable (1,600,000)  
Accounts payable and accrued liabilities 2,084,193 80,433
Income taxes payable (note 22) (1,547,686) 1,547,686
Cash used in operating activities (11,002,868) (856,729)
Financing activities    
Proceeds from private placements for convertible debt 30,000,000  
Proceeds from convertible debt from ATW 27,200,000  
Proceeds from exercise of warrants 9,046,670  
Proceeds from exercise of options 1,765,033 170,963
Credit facility proceeds (net) 16,164,590  
Purchase of shares for cancellation (note 10)   (938,924)
Cash used in financing activities 84,176,293 (767,961)
Investing activities    
Purchase of intangible assets (7,753,192)  
Purchase of cryptocurrencies (note 6) (74,920,237) (19,690,454)
Proceeds from sale of cryptocurrencies (note 6) 8,677,328 14,012,576
Purchase of assets (27,200)  
Proceeds from sale of assets   6,750
Sale/redemption of investments (note 9) 827,227 7,176,590
Cash provided by (used in) investing activities (73,196,074) 1,505,462
Change in cash and cash equivalents (22,649) (119,228)
Cash and cash equivalents, beginning of the year 1,808,052 1,927,280
Cash and cash equivalents, end of the year $ 1,785,403 $ 1,808,052