Digi Power X Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR Commission file number 001-41236 Digi Power X Inc.(Exact Name of Registrant as Specified in its Charter) (818) 280-9758Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☒ As of May 15, 2026, the registrant had 90,420,824 subordinate voting shares issued and outstanding and 3,333 proportionate votingshares issued and outstanding. Table of Contents PagePart I - Financial Information1Unaudited Condensed Interim Consolidated Balance Sheets2Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Loss3Unaudited Condensed Interim Consolidated Statements of Cash Flows4Unaudited Condensed Interim Consolidated States of Changes in Shareholder’s Equity5Notes to Unaudited Condensed Consolidated Financial Statements6Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations24Item 3. Quantitative and Qualitative Disclosures About Market Risk36Item 4. Controls and Procedures36Part II - Other Information36Item 1. Legal Proceedings36Item 1A. Risk Factors36Item 2. Unregistered Sales of Equity Securities and Use of Proceeds37Item 3. Defaults Upon Senior Securities37Item 4. Mine Safety Disclosures37Item 5. Other Information38Item 6. Exhibits38SIGNATURES39 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this Quarterly Report on Form 10-Q (the “Quarterly Report”) that reflect Digi Power X Inc.’s(“we,” “us,” “our,” the “Corporation,” or “Digi Power”) current views with respect to future events and financial performance,business strategies, expectations for our business and any other statements of a future or forward-looking nature, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and “forward-lookinginformation” within the meaning of applicable Canadian securities laws, or collectively, forward-looking statements. We intend suchforward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the“Exchange Act”), and forward-looking information within the meaning of Canadian securities laws. All statements other thanstatements of historical facts contained in this Quarterly Report may be forward-looking statements. These forward-looking statementsinclude statements about our financial condition, results of operations, earnings outlook, prospects, and the treatment of theCorporation under government regulatory and taxation regimes. Forward-looking statements appear in a number of places in thisQuarterly Report including, without limitation, in the section titled “Management’s Discussion and Analysis of Financial Conditionand Results of Operations.” In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances,including any underlying assumptions, are forward-looking statements. Forward-looking statements can often be identified byforward-looking words, such as “anticipate,” “believe,” “expect,” “plan,” “intend,” “estimate,” “may,” “potential” and “will,” orsimilar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, inten