Digi Power X Inc.
Business
Digi Power X Inc. is an energy infrastructure and digital asset mining company that develops and operates data centers, bitcoin mining facilities, and AI/GPU infrastructure. The company owns and operates mining equipment, colocation services, and a 60 MW gas-fired power plant in North Tonawanda, New York, while developing modular Tier 3 data-center platforms (ARMS) for high-performance computing and AI workloads. Operations span facilities in New York and Alabama with power assets totaling over 200 MW, serving digital currency mining, enterprise colocation, and emerging AI compute markets.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Total revenue | 34 | 37 | |
| Cost of revenue | −30 | −33 | |
| Depreciation and amortization | −7 | −16 | |
| Gross loss | −3 | −11 | |
| General and administrative expenses | −16 | −7 | |
| Foreign exchange gain (loss) | −3 | 5 | |
| Gain on sale of digital currencies | 1 | 2 | |
| Change in fair value of loan and salaries payable | −171,325 | −793,606 | |
| Gain (loss) on revaluation of digital currencies | −4 | 898,691 | |
| Total operating expenses | −23 | −385,669 | |
| Other income | 750 | 13,784 | |
| Change in fair value of investment | 642,487 | 50,159 | |
| Loss on settlement of debt | −153,200 | — | |
| Net financial expenses | 285,873 | 877 | |
| Gain (loss) from change in fair value of warrant liability | −3 | −723,529 | |
| Gain on sale of property, plant and equipment | 280,000 | — | |
| Total other income (expenses) | −2 | −658,709 | |
| Net loss for the year attributable to common shareholders | −28 | −12 | |
| Foreign currency translation adjustment | 3 | −5 | |
| Comprehensive loss for the year attributable to common shareholders | −25 | −18 | |
| Non-controlling interests | — | — | |
| Non-controlling interests | — | — | |
| Basic (in Dollars per share) | −0.64 | −0.4 | |
| Diluted (in Dollars per share) | −0.64 | −0.4 | |
| Basic (in Shares) | 44 | 31 | |
| Diluted (in Shares) | 44 | 31 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 78 | 2 | — | |
| Digital currencies | 15 | 5 | 822,884 | |
| Current portion of amounts receivable and other assets | 2 | 384,939 | — | |
| Other receivable | 44,000 | 44,000 | — | |
| Total current assets | 95 | 7 | — | |
| Property, plant and equipment, net | 23 | 24 | — | |
| Operating lease right-of-use assets | — | 117,205 | 391,444 | |
| Intangible asset | 926,339 | 1 | — | |
| Amounts receivable and other assets, net of current portion | 14 | 2 | — | |
| Investment | 2 | 900,844 | 850,685 | |
| Total assets | 134 | 34 | — | |
| Accounts payable and accrued liabilities | 6 | 7 | — | |
| Current portion of operating lease liabilities | — | 51,112 | — | |
| Current portion of loans payable | — | 77,564 | 610,340 | |
| Warrant liabilities | 2 | 3 | — | |
| Total current liabilities | 9 | 10 | — | |
| Deposits payable | 2 | 2 | — | |
| Lease liabilities, net of current portion | — | 75,685 | — | |
| Total liabilities | 11 | 12 | — | |
| Subordinate voting shares, no par value, unlimited shares authorized; 69,427,788 shares and 33,011,600 shares issued and outstanding at December 31, 2025 and 2024, respectively | — | — | — | |
| Proportionate voting shares, no par value, unlimited shares authorized; 3,333 shares and 3,333 shares issued and outstanding at December 31, 2025 and 2024, respectively | — | — | — | |
| Additional paid-in capital | 216 | 90 | — | |
| Accumulated deficit | −89 | −61 | — | |
| Accumulated other comprehensive income (loss), net | −4 | −7 | — | |
| Total shareholders equity attributable to shareholders | 123 | 22 | — | |
| Non-controlling interest | — | 279,430 | — | |
| Total shareholders equity | 123 | 22 | 35 | |
| Total liabilities and shareholders equity | 134 | 34 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 |
|---|---|---|---|
| Net loss for the year | −28 | −12 | |
| Digital currencies items | −15 | −22 | |
| Depreciation of right-of-use assets | 29,303 | 102,197 | |
| Depreciation and amortization | 7 | 16 | |
| Interest on lease liabilities | 5,742 | 24,707 | |
| Share based compensation | 8 | 3 | |
| Lease modification | −9,637 | — | |
| Change in fair value of investment | −642,487 | −50,159 | |
| Accretion on liability | 566 | 38,413 | |
| Foreign exchange loss (gain) | 3 | −6 | |
| RSUs settled in cash | −1 | — | |
| Working capital items | −2 | 3 | |
| Net cash used in operating activities | −26 | −18 | |
| Purchases and deposits on property, plant and equipment | −17 | −4 | |
| Proceeds from sale of property, plant and equipment | 280,000 | — | |
| Acquisition of digital currencies | −6 | — | |
| Digital currencies traded for cash | 11 | 19 | |
| Net cash (used in) provided by investing activities | −12 | 15 | |
| Proceeds from pre-funded warrants | 2 | — | |
| Proceeds of shares issued for cash, net of issuance costs | 105 | 4 | |
| Proceeds from exercise of warrants and options | 8 | — | |
| Return of proceeds to non-controlling interest | −1 | 1 | |
| Repayment of mortgage | — | −400,500 | |
| Repayment of loans payable | −78,130 | −317,559 | |
| Lease payments | −35,000 | −109,980 | |
| Net cash provided by financing activities | 115 | 4 | |
| Net change in cash | 77 | 1 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Digi Power X Inc.'s CIK number?
Digi Power X Inc.'s SEC CIK number is 0001854368 (1854368). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Digi Power X Inc.'s SEC filings?
All of Digi Power X Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Digi Power X Inc. last report earnings?
Digi Power X Inc. (DGXX) most recently filed an earnings 8-K with the SEC on May 15, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001213900-26-057139). This is Digi Power X Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Digi Power X Inc.'s most recent earnings 8-K?
Digi Power X Inc.'s latest earnings 8-K (Item 2.02) was filed May 15, 2026 under accession 0001213900-26-057139. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Digi Power X Inc.'s latest earnings 8-K →
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