DATA CENTER DEVELOPMENT COSTS	9 Months Ended
Sep. 30, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DATA CENTER DEVELOPMENT COSTS	Note 2 – Data Center Development Costs DATA CENTER DEVELOPMENT COSTS On July 22, 2024, the Company entered into an option agreement (“Option”) to acquire for a purchase price of $5,000,000 a 315-acre parcel of land (“New Property”) in Imperial County, California to be used for the development of the Company’s Data Center Campus. With the execution of the Option, the Company paid a non-refundable deposit of $50,000. The Option had an initial term of one year and could have been extended for an additional six-month period by the payment of $75,000 on or before July 21, 2025. On March 30, 2023, the Company signed an option agreement (“Initial Option”) to acquire 80 acres of commercially-zoned land (“Initial Property”) in Imperial County, California for $3,360,000 (“Purchase Price”). The Initial Property was optioned to be the land used for the Company’s Data Center Campus. The Company paid a non-refundable deposit of $84,000 on the signing of the Initial Option. On July 24, 2024 (“Termination Date”), the Company terminated (“Termination”) the Initial Option as the Company believed the New Property was better suited for the Company’s Data Center Campus project. As of the Termination Date, the Company had approximately $4,158,000 of cost (“DCC Cost”) for the Data Center Campus project. In accordance with ASC 790 and 360, the Company was required to determine the amount of DCC Cost (“Option Cost”) associated with the Initial Property. The Option Cost was required to be exposed on the date the Company abandoned the Initial Option. The Company has determined the date of abandonment was the Termination Date. As of the Termination Date, the Company had approximately $344,000 of Option Cost. The remaining DCC Cost was related to the development activities to the overall Data Center Campus and, as such, were not cost associated with the Initial Property. As disclosed in Note 1 – Organization and Accounting Policies, given the recent development of the Plan and the prolonged uncertainty, the Company elected not to renew its purchase option on the New Property when it expired in July 2025. Consequently, previously capitalized data center development costs were expensed, and the Company will cease capitalizing additional data center development expenses until the Company can secure parcels with appropriate zoning for data center use and greater certainty around the execution of its development plans, as disclosed in Note 1. As of the termination of the data center development, the Company had approximately $4,581,000 of capitalized development cost, which has been recorded as abandoned project costs.

DATA CENTER DEVELOPMENT COSTS

9 Months Ended

Sep. 30, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Note 2 – Data Center Development Costs

DATA CENTER DEVELOPMENT COSTS

On July 22, 2024, the Company entered into an option agreement (“Option”) to acquire for a purchase price of $5,000,000 a 315-acre parcel of land (“New Property”) in Imperial County, California to be used for the development of the Company’s Data Center Campus. With the execution of the Option, the Company paid a non-refundable deposit of $50,000. The Option had an initial term of one year and could have been extended for an additional six-month period by the payment of $75,000 on or before July 21, 2025.

On March 30, 2023, the Company signed an option agreement (“Initial Option”) to acquire 80 acres of commercially-zoned land (“Initial Property”) in Imperial County, California for $3,360,000 (“Purchase Price”). The Initial Property was optioned to be the land used for the Company’s Data Center Campus. The Company paid a non-refundable deposit of $84,000 on the signing of the Initial Option. On July 24, 2024 (“Termination Date”), the Company terminated (“Termination”) the Initial Option as the Company believed the New Property was better suited for the Company’s Data Center Campus project.

As of the Termination Date, the Company had approximately $4,158,000 of cost (“DCC Cost”) for the Data Center Campus project. In accordance with ASC 790 and 360, the Company was required to determine the amount of DCC Cost (“Option Cost”) associated with the Initial Property. The Option Cost was required to be exposed on the date the Company abandoned the Initial Option. The Company has determined the date of abandonment was the Termination Date. As of the Termination Date, the Company had approximately $344,000 of Option Cost. The remaining DCC Cost was related to the development activities to the overall Data Center Campus and, as such, were not cost associated with the Initial Property.

As disclosed in Note 1 – Organization and Accounting Policies, given the recent development of the Plan and the prolonged uncertainty, the Company elected not to renew its purchase option on the New Property when it expired in July 2025. Consequently, previously capitalized data center development costs were expensed, and the Company will cease capitalizing additional data center development expenses until the Company can secure parcels with appropriate zoning for data center use and greater certainty around the execution of its development plans, as disclosed in Note 1. As of the termination of the data center development, the Company had approximately $4,581,000 of capitalized development cost, which has been recorded as abandoned project costs.

CalEthos, Inc. 10-Q