Consolidated Statement of Shareholders Equity (Unaudited) - USD ($) |
Total |
Preferred Stock Shares Series B |
Preferred Stock Shares Series C |
Common Stock |
Treasury Stock |
Additional Paid-In Capital |
Stock Payable |
Stock Payable Related Party |
Subscription Receivable [Member] |
Accumulated other comprehensive loss |
Retained Earnings (Accumulated Deficit) |
Total Equity Of GMGI |
Non-controlling interest |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Balance, shares at Dec. 31, 2023 | 1,000 | 83,475,190 | |||||||||||
Balance, amount at Dec. 31, 2023 | $ 59,986,549 | $ 0 | $ 0 | $ 835 | $ 3,044,894 | $ 0 | $ 0 | $ (3,307,578) | $ 59,296,675 | $ 59,034,826 | $ 951,723 | ||
Cumulative translation adjustment | (2,105,943) | $ 0 | 0 | $ 0 | 0 | 0 | 0 | (2,105,943) | 0 | (2,105,943) | 0 | ||
Recapitalization, shares | 1,000 | 36,742,287 | |||||||||||
Recapitalization, amount | 27,642,941 | $ 0 | 0 | $ 367 | 27,642,574 | 0 | 0 | 0 | 0 | 27,642,941 | 0 | ||
Shares issued for vested RSUs, shares | 534,500 | ||||||||||||
Shares issued for vested RSUs, amount | 0 | 0 | 0 | $ 6 | (6) | 0 | 0 | 0 | 0 | 0 | 0 | ||
Shares issued for exercise of options, shares | 20,000 | ||||||||||||
Shares issued for exercise of options, amount | 34,800 | 0 | 0 | $ 0 | 34,800 | 0 | 0 | 0 | 0 | 34,800 | 0 | ||
Shares issued for services, shares | 30,000 | ||||||||||||
Shares issued for services, amount | 330,166 | 0 | 0 | $ 0 | 180,000 | 120,000 | 30,166 | 0 | 0 | 330,166 | 0 | ||
Fair value of stock-based compensation | 1,307,886 | 0 | 0 | 0 | 1,307,886 | 0 | 0 | 0 | 0 | 1,307,886 | 0 | ||
Dividends issued to former owners of MeridianBet Group | (769,534) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (769,534) | (769,534) | 0 | ||
Profit (loss) for the period | 3,964,648 | $ 0 | $ 0 | $ 0 | 0 | 0 | 0 | 0 | 4,055,659 | 4,055,659 | (91,011) | ||
Balance, shares at Jun. 30, 2024 | 1,000 | 1,000 | 120,801,977 | ||||||||||
Balance, amount at Jun. 30, 2024 | 90,391,513 | $ 0 | $ 0 | $ 1,208 | 32,210,148 | 120,000 | 30,166 | (5,413,521) | 62,582,800 | 89,530,801 | 860,712 | ||
Balance, shares at Mar. 31, 2024 | 1,000 | 83,475,190 | |||||||||||
Balance, amount at Mar. 31, 2024 | 61,361,357 | 0 | $ 0 | $ 835 | 3,044,894 | 0 | 0 | (5,112,258) | 62,517,875 | 60,451,346 | 910,011 | ||
Cumulative translation adjustment | (301,263) | $ 0 | 0 | $ 0 | 0 | 0 | 0 | (301,263) | 0 | (301,263) | 0 | ||
Recapitalization, shares | 1,000 | 36,742,287 | |||||||||||
Recapitalization, amount | 27,642,941 | $ 0 | 0 | $ 367 | 27,642,574 | 0 | 0 | 0 | 0 | 27,642,941 | 0 | ||
Shares issued for vested RSUs, shares | 534,500 | ||||||||||||
Shares issued for vested RSUs, amount | 0 | 0 | 0 | $ 6 | (6) | 0 | 0 | 0 | 0 | 0 | 0 | ||
Shares issued for exercise of options, shares | 20,000 | ||||||||||||
Shares issued for exercise of options, amount | 34,800 | 0 | 0 | $ 0 | 34,800 | 0 | 0 | 0 | 0 | 34,800 | 0 | ||
Shares issued for services, shares | 30,000 | ||||||||||||
Shares issued for services, amount | 330,166 | 0 | 0 | $ 0 | 180,000 | 120,000 | 30,166 | 0 | 0 | 330,166 | 0 | ||
Fair value of stock-based compensation | 1,307,886 | 0 | 0 | 0 | 1,307,886 | 0 | 0 | 0 | 0 | 1,307,886 | 0 | ||
Profit (loss) for the period | 15,626 | $ 0 | $ 0 | $ 0 | 0 | 0 | 0 | 0 | 64,925 | 64,925 | (49,299) | ||
Balance, shares at Jun. 30, 2024 | 1,000 | 1,000 | 120,801,977 | ||||||||||
Balance, amount at Jun. 30, 2024 | 90,391,513 | $ 0 | $ 0 | $ 1,208 | 32,210,148 | 120,000 | 30,166 | (5,413,521) | 62,582,800 | 89,530,801 | 860,712 | ||
Balance, shares at Dec. 31, 2024 | 1,000 | 1,000 | 129,242,993 | 59,796 | |||||||||
Balance, amount at Dec. 31, 2024 | 108,950,580 | $ 0 | $ 0 | $ 1,292 | $ (121,430) | 50,313,125 | 5,711,807 | 211,162 | $ 0 | (8,089,854) | 57,046,892 | 105,072,994 | 3,877,586 |
Cumulative translation adjustment | 5,569,578 | 0 | 0 | $ 0 | 0 | 0 | 0 | 0 | 0 | 5,569,578 | 0 | 5,569,578 | 0 |
Shares issued for vested RSUs, shares | 1,379,359 | ||||||||||||
Shares issued for vested RSUs, amount | 0 | 0 | 0 | $ 13 | 0 | (13) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Shares issued for exercise of options, shares | 37,813 | ||||||||||||
Shares issued for exercise of options, amount | 0 | 0 | 0 | $ 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Shares issued for services, shares | 185,000 | ||||||||||||
Shares issued for services, amount | 303,600 | 0 | 0 | $ 2 | 0 | 431,698 | (128,100) | 0 | 0 | 0 | 0 | 303,600 | 0 |
Fair value of stock-based compensation | 2,153,039 | 0 | 0 | 0 | 0 | 1,898,143 | 73,900 | 180,996 | 0 | 0 | 0 | 2,153,039 | 0 |
Profit (loss) for the period | (3,990,108) | 0 | 0 | $ 0 | 0 | 0 | 0 | 0 | 0 | (3,815,953) | (3,815,953) | (174,155) | |
Acquisition of non-controlling interest, shares | 1,885,869 | ||||||||||||
Acquisition of non-controlling interest, amount | (393,038) | 0 | 0 | $ 19 | 0 | 5,264,550 | (5,657,607) | 0 | 0 | 0 | 0 | (393,038) | 0 |
Shares issued for settlement of True-up liability, shares | 206,634 | ||||||||||||
Shares issued for settlement of True-up liability, amount | 518,651 | 0 | 0 | $ 2 | 0 | 518,649 | 0 | 0 | 0 | 0 | 0 | 518,651 | 0 |
Share issued for debt conversion, shares | 5,804,544 | ||||||||||||
Share issued for debt conversion, amount | 11,237,408 | 0 | 0 | $ 59 | 0 | 11,237,349 | 0 | 0 | 0 | 0 | 0 | 11,237,408 | 0 |
Shares issued under ATM Program, shares | 374,919 | ||||||||||||
Shares issued under ATM Program, amount | 632,813 | 0 | 0 | $ 4 | 0 | 662,596 | 0 | 0 | (29,787) | 0 | 0 | 632,813 | 0 |
Reserve Increase | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | 69,882 | 0 | 0 | 0 | 0 | (69,882) | 0 | 0 |
Balance, shares at Jun. 30, 2025 | 206,634 | 1,000 | 1,000 | 139,117,131 | 59,796 | ||||||||
Balance, amount at Jun. 30, 2025 | $ 124,982,523 | $ 0 | $ 0 | $ 1,391 | $ (121,430) | 70,395,979 | 0 | 392,158 | (29,787) | (2,520,276) | 53,161,057 | 121,279,092 | 3,703,431 |
Balance, shares at Mar. 31, 2025 | 1,000 | 1,000 | 133,079,518 | 59,796 | |||||||||
Balance, amount at Mar. 31, 2025 | 112,377,647 | $ 0 | $ 0 | $ 1,331 | $ (121,430) | 58,174,731 | 73,900 | 301,660 | 0 | (6,718,806) | 56,815,284 | 108,526,670 | 3,850,977 |
Cumulative translation adjustment | 4,198,530 | 0 | 0 | $ 0 | 0 | 0 | 0 | 0 | 0 | 4,198,530 | 0 | 4,198,530 | 0 |
Shares issued for vested RSUs, shares | 424,734 | ||||||||||||
Shares issued for vested RSUs, amount | 0 | 0 | 0 | $ 4 | 0 | (4) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Shares issued for services, shares | 125,000 | ||||||||||||
Shares issued for services, amount | 195,200 | 0 | 0 | $ 1 | 0 | 269,099 | (73,900) | 0 | 0 | 0 | 0 | 195,200 | 0 |
Fair value of stock-based compensation | 1,221,114 | 0 | 0 | 0 | 0 | 1,130,616 | 0 | 90,498 | 0 | 0 | 0 | 1,221,114 | 0 |
Profit (loss) for the period | (3,731,891) | 0 | 0 | $ 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3,584,345) | 3,584,345 | (147,546) |
Shares issued for settlement of True-up liability, shares | 206,634 | ||||||||||||
Shares issued for settlement of True-up liability, amount | 518,651 | 0 | 0 | $ 2 | 0 | 518,649 | 0 | 0 | 0 | 0 | 0 | 518,651 | 0 |
Share issued for debt conversion, shares | 4,906,326 | ||||||||||||
Share issued for debt conversion, amount | 9,570,459 | 0 | 0 | $ 49 | 0 | 9,570,410 | 0 | 0 | 0 | 0 | 0 | 9,570,459 | 0 |
Shares issued under ATM Program, shares | 374,919 | ||||||||||||
Shares issued under ATM Program, amount | 632,813 | 0 | 0 | $ 4 | 0 | 662,596 | 0 | 0 | (29,787) | 0 | 0 | 632,813 | 0 |
Reserve Increase | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | 69,882 | 0 | 0 | 0 | 0 | (69,882) | 0 | 0 |
Balance, shares at Jun. 30, 2025 | 206,634 | 1,000 | 1,000 | 139,117,131 | 59,796 | ||||||||
Balance, amount at Jun. 30, 2025 | $ 124,982,523 | $ 0 | $ 0 | $ 1,391 | $ (121,430) | $ 70,395,979 | $ 0 | $ 392,158 | $ (29,787) | $ (2,520,276) | $ 53,161,057 | $ 121,279,092 | $ 3,703,431 |