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Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
May 31, 2025
May 31, 2024
May 31, 2025
May 31, 2024
Revenue from the sale of mining equipment $ 129,200 $ 20,470 $ 846,347 $ 210,662
Revenue from hosting 0 16,763 0 38,743
Revenue from self-mining 813,027 1,187,758 2,814,133 2,378,507
Revenue from consulting 35,068 0 35,068 0
Revenue from leasing 1,074,561 0 1,074,561 0
Total revenue 2,051,857 1,224,991 4,770,110 2,627,913
Gross profit 490,872 221,687 915,794 649,391
Operating expenses:        
General and administrative expenses 33,059 47,715 183,790 118,654
Depreciation 180,735 226,663 539,054 684,564
Professional fees 217,702 116,734 536,670 420,124
Investor relations 4,450 27,800 30,850 169,360
Insurance 27,697 30,912 83,092 109,739
Officers compensation 230,370 210,276 1,109,148 630,829
Directors compensation 56,355 13,200 182,265 39,600
Employee shareholder compensation 174,143 126,108 541,251 383,304
Change in the fair value of cryptocurrency 34,313 (43,183) (24,733) (119,774)
Total operating expenses 958,824 756,224 3,181,387 2,436,401
Loss from operations (467,952) (534,537) (2,265,594) (1,787,010)
Other income (expense)        
Interest expense (71,867) (56,563) (200,798) (210,262)
Bad debt expense recovery 124,815 0 0 0
Loss on the extinguishment of debt (207,758) (133,915) (288,718) (355,123)
Loss on investment 0 (58,840) 0 (170,613)
Change in derivative liability 0 114,835 0 0
Interest income 0 14,792 719 44,376
Other (expense), net (154,810) (119,691) (488,798) (691,622)
Net loss (622,762) (654,228) (2,754,391) (2,478,632)
Deemed dividend on Series A Preferred Stock 0 0 (2,960,648) 0
Net loss attributable to common stockholders $ (622,762) $ (654,228) $ (5,715,039) $ (2,478,632)
Basic (loss) per common share $ (0.31) $ (0.26) $ (2.62) $ (0.99)
Diluted (loss) per common share $ (0.31) $ (0.26) $ (2.62) $ (0.99)
Weighted-average number of common shares outstanding:        
Weighted-average number of common shares outstanding: Basic 2,006,202 2,491,843 2,185,206 2,493,358
Weighted-average number of common shares outstanding: Diluted 2,006,202 2,491,843 2,185,206 2,493,358
Sale Of Mining Equipment [Member]        
Cost of revenue $ 82,432 $ 0 $ 752,432 $ 180,891
Self Mining [Member]        
Cost of revenue 785,129 988,094 2,408,459 1,767,885
Hosting Services [Member]        
Cost of revenue 0 15,212 0 29,746
Consulting Services [Member]        
Cost of revenue 7,500 0 7,500 0
Leasing Services [Member]        
Cost of revenue $ 685,924 $ 0 $ 685,924 $ 0