PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 31, 2025

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

The following tables set forth the components of the Company’s property and equipment at August 31, 2025 and 2024:

	Fiscal Year Ended
	2025			2024
Miners and mining equipment	$	369		$	3,094
Equipment not in-service		300			3,072
Total property and equipment		669			6,166
Accumulated depreciation		(153	)		(1,394	)
Total property and equipment, net	$	516		$	4,772

For the years ended August 31, 2025 and 2024, the Company recorded depreciation expense of $761 and $924, respectively, recorded within “cost of sales self-mining”.

Additionally, for the years ended August 31, 2025 and 2024, the Company recognized impairment charges of $1,912 and $120 recorded within impairment of property and equipment in the consolidated statement of operations.

Loss on Sale of Equipment

The Company previously had operation in Trinidad which is decided to dispose of during fiscal year 2025. As such, the Company sold all property and equipment at their physical locations in Trinidad which was comprised of $1,928. In exchange, the Company received $400 in cash resulting in $1,528 recorded in the loss on sale of equipment within the consolidated statement of operations. Refer to Note 6, Investments and Notes Receivable, which discusses the sale of the Company’s related interest held in ROC Digital Mining I, LLC.