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Consolidated Statements of Operations - USD ($)
7 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Revenue:    
Cryptocurrency mining $ 1,545,792
Operating costs and expenses:    
Cryptocurrency mining costs 548,617
Depreciation and amortization 983,788
General and administrative 461,520 16,269,045
Impairment of cryptocurrency mining equipment 17,072,015
Exploration 263,757
Total operating expenses 461,520 35,137,222
Loss from operations (461,520) (33,591,430)
Other income (expense):    
Interest income 248,073
Interest expense (121,834)
Loss on adjustment to fair value – warrant liabilities (39,797,994)
Loss on adjustment to fair value – AR Debentures (3,790,428)
Loss on adjustment to fair value – Obligation Shares (1,477,103)
Liquidated damages (548,144)
Total other income (expense) (45,487,430)
Loss from operations before provision for income taxes (461,520) (79,078,860)
Provision for income taxes
Net loss $ (461,520) $ (79,078,860)
Loss per common share:    
Basic $ (16.51)
Diluted $ (16.51)
Weighted average common shares outstanding:    
Basic 4,788,412
Diluted 4,788,412