Schedule of segment reporting information |
| | For the six months ended | | | | June 30, 2025 | | | | MeridianBet Group | | | GMAG | | | RKings & CFAC | | | Total | | | | | | | | | | | | | | | Revenues | | $ | 56,934,460 | | | $ | 7,471,339 | | | $ | 21,562,622 | | | $ | 85,968,421 | | Cost of revenue | | | (16,574,445 | ) | | | (5,193,436 | ) | | | (15,538,957 | ) | | | (37,306,838 | ) | Segment gross profit | | | 40,360,015 | | | | 2,277,903 | | | | 6,023,665 | | | | 48,661,583 | | | | | | | | | | | | | | | | | | | Less: | | | | | | | | | | | | | | | | | Selling, general and administrative expenses | | | 7,051,698 | | | | 695,041 | | | | 1,122,520 | | | | 8,869,259 | | Salaries and wages | | | 10,845,152 | | | | 686,109 | | | | 527,276 | | | | 12,058,537 | | Professional fees | | | 1,322,989 | | | | 159,442 | | | | 47,602 | | | | 1,530,033 | | Marketing expenses | | | 9,560,442 | | | | 425,762 | | | | 2,765,174 | | | | 12,751,378 | | Rents and utilities | | | 3,354,862 | | | | 61,873 | | | | 92,569 | | | | 3,509,304 | | Bad debt expense | | | 168,929 | | | | - | | | | - | | | | 168,929 | | Segment income from operations | | | 8,055,943 | | | | 249,676 | | | | 1,468,524 | | | | 9,774,143 | | | | | | | | | | | | | | | | | | | Less: | | | | | | | | | | | | | | | | | Holding company expenses | | | | | | | | | | | | | | | 2,180,146 | | Restructuring costs | | | | | | | | | | | | | | | 149,934 | | Stock-based compensation expenses | | | | | | | | | | | | | | | 2,456,639 | | Depreciation expenses | | | | | | | | | | | | | | | 2,780,271 | | Amortization expenses | | | | | | | | | | | | | | | 4,618,020 | | Total income (loss) from operations | | | | | | | | | | | | | | $ | (2,410,867 | ) |
|
Schedule of Long-lived assets by geographic region |
| | For the three months ended | | | For the six months ended | | | | June 30, 2025 | | | June 30, 2024 | | | June 30, 2025 | | | June 30, 2024 | | UK | | $ | 8,376,630 | | | | 19 | % | | $ | 9,656,962 | | | | 25 | % | | $ | 17,227,980 | | | | 20 | % | | $ | 9,656,962 | | | | 15 | % | Europe (UK-Excl.) | | | 24,107,757 | | | | 56 | % | | | 21,449,953 | | | | 54 | % | | | 46,981,218 | | | | 55 | % | | | 42,336,831 | | | | 66 | % | Central and South America | | | 2,235,236 | | | | 5 | % | | | 1,187,936 | | | | 3 | % | | | 4,121,450 | | | | 5 | % | | | 1,970,647 | | | | 3 | % | Asia Pacific (Australia Excl.) | | | 3,249,355 | | | | 8 | % | | | 4,224,813 | | | | 11 | % | | | 6,390,922 | | | | 7 | % | | | 4,224,813 | | | | 7 | % | Australia | | | 1,881,295 | | | | 4 | % | | | - | | | | - | | | | 4,334,642 | | | | 5 | % | | | - | | | | - | | Africa | | | 3,395,095 | | | | 8 | % | | | 2,895,578 | | | | 7 | % | | | 6,912,209 | | | | 8 | % | | | 6,076,576 | | | | 9 | % | Total | | $ | 43,245,368 | | | | 100 | % | | $ | 39,415,242 | | | | 100 | % | | $ | 85,968,421 | | | | 100 | % | | $ | 64,265,829 | | | | 100 | % |
|