Edgemode, Inc. is a company transitioning from cryptocurrency mining to high-performance computing data center services, focusing on infrastructure development and strategic acquisitions.

# Company Overview: Edgemode, Inc.

## Business Focus
- Edgemode, Inc. is transitioning from its historic activities of cryptocurrency mining to digital infrastructure colocation services, specifically focused on high-performance computing (HPC) hosting.
- The company designs, builds, and operates purpose-built data center facilities for HPC applications such as cloud computing, machine learning, and artificial intelligence (AI).
- Its strategic acquisition of Synthesis Analytics Production Ltd (SAPL), organized in England and Wales, enables it to leverage existing infrastructure and expertise in the HPC hosting market.

## Key Developments
- Effective April 7, 2025, Edgemode completed a Share Exchange with SAPL, acquiring 55% of the company's outstanding stock in exchange for over 1.26 billion shares of Edgemode common stock.
- Post-acquisition, SAPL has been renamed EdgeMode Europe Limited.
- The company's aim is to become a leading provider of dedicated, purpose-built data center facilities for third-party customers, focusing on cloud providers, enterprise clients, and AI/ML applications.

## Current Operations & Infrastructure
- The company has secured significant infrastructure assets in Marviken, Sweden:
  - A 10-year lease for a 1,050 sqm building to develop a Tier 3 data center with approximately 16MW IT load capacity (planned total of 20MW).
  - A 20,000 sqm plot of land to develop additional data centers with a planned capacity of 75MW.
  - Cost estimates for these developments are $70 million for the initial 20MW center and between $400-470 million for the 75MW expansion.
  - Initial client for the 20MW center has been secured for 1MW, with negotiations ongoing for the remaining capacity.

## Revenue & Customers
- The company currently has only one customer, Cudo Ventures Ltd, and its revenue from HPC hosting is fully dependent on this relationship and its master services agreement.
- As of April 30, 2025, the company has **2,271,953,600 shares of common stock issued and outstanding**.
- It has no revenue or income reported for the fiscal year ended December 31, 2024.
- For the 2024 period, operating expenses totaled approximately $1.4 million, primarily unrelated to revenue as there was no revenue generated.

## Financial Status
- As of April 30, 2025, the company has **approximately $100,000 in cash**.
- The company has incurred net losses, with a net loss of about $1.59 million for the 2024 fiscal year.
- The company requires immediate funding of approximately **$2 million** to commence its new HPC operations.
- Outstanding liabilities include derivative liabilities valued at nearly $2 million and multiple defaulted promissory notes totaling over $257,000 demanded for repayment.

## Employees
- As of April 7, 2025, the company employs **2 full-time employees** (including 2 executive officers) and **1 part-time employee**.
- Key executives:
  - Charlie Faulkner, CEO and Director
  - Simon Wajcenberg, CFO and Director
  - Niclas Adler, CTO and Director (appointed April 2025 after acquisition)

## Strategic Goals
- Build and develop large-scale purpose-built data centers in Sweden.
- Expand customer base in HPC segments, focusing on cloud, AI, and ML applications.
- Leverage infrastructure assets, existing expertise, and strategic acquisitions to grow revenue and market presence.
- Raise sufficient capital to fund ongoing development and operational expansion in a competitive environment.

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**Note:** The company's financial and operational data is limited, with a significant emphasis on infrastructure development and strategic acquisitions. No revenue was reported for the 2024 year, and the company operates under substantial funding needs.

Edgemode, Inc. is a technology and investment firm focused on the cryptocurrency and blockchain sectors, specializing in mining operations and related technology solutions.

# Edgemode, Inc. Overview

## Company Description
Edgemode, Inc. is a technology and investment firm primarily focused on developing solutions and services in the cryptocurrency and blockchain sectors. The company was formed through a merger arrangement and has been operational since 2020.

## Business Operations
- **Primary Focus**: The company engages in the acquisition and management of cryptocurrency mining operations, as well as providing related technology solutions.
- **Investment Group**: Edgemode collaborates with North Block Capital Ltd. (NB Capital), which co-founders Charlie Faulkner and Simon Wajcenberg established to deliver asset management and corporate advisory services, particularly in the technology domain.
- **Mining Equipment**: A key strategic goal for the company includes the purchase of $15 million in crypto mining equipment, which is tied to the vesting of stock options for its executives.

## Financial Performance (As of Fiscal Year Ended December 31, 2023)
- **Revenue**: The specific annual revenue and income details are not provided in the filing. Further financial filings or earnings reports would be needed to ascertain exact figures.
- **Income**: No specific figures for net income or losses were disclosed in the information presented.
- **Funding and Contributions**: The company has received various financing arrangements, including securities purchases and convertible promissory notes, to support its operational funding.

## Customer Base
- The company operates within the cryptocurrency sector, which implies a diverse customer base ranging from individual miners to institutional investors, but exact numbers of customers are not provided in the filing.

## Workforce
- **Employees**: The company features a small leadership team, with key executives including:
  - Charlie Faulkner - Chief Executive Officer, President, and Director
  - Simon Wajcenberg - Chief Financial Officer, Treasurer, Secretary, and Director (Chairman)
- As indicated in the filing, there are currently no detailed statistics about the total number of employees outside the executive leadership, pointing to a lean operational structure typical of earlier-stage companies.

## Market Presence
- **Trading Symbol**: The company is quoted on the OTC Pink market; however, it does not have shares listed on a primary exchange such as NASDAQ or NYSE. 
- **Shareholder Information**: As of April 29, 2024, the number of shares issued and outstanding was 390,437,459, indicating a broad base of shareholder participation.

## Summary
Edgemode, Inc. is in the early stages of developing its business model within the cryptocurrency sector, focusing on mining equipment acquisitions and advisory services through its collaboration with NB Capital. Exact details regarding revenue and income are not included, suggesting that more detailed financial performance metrics are available in other filings or reports. The company operates with a small executive team and no indication of larger employee numbers, reflecting its early-stage developmental status.

Edgemode, Inc.

10-K / May 2, 2025

10-K / April 30, 2024

10-K / May 2, 2025

Company Overview: Edgemode, Inc.

Business Focus

Key Developments

Current Operations & Infrastructure

Revenue & Customers

Financial Status

Employees

Strategic Goals