EQUITY (Details Narrative) - USD ($) |
1 Months Ended | 2 Months Ended | 3 Months Ended | 6 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Apr. 09, 2025 |
Jan. 13, 2025 |
Jun. 16, 2025 |
Apr. 28, 2025 |
Jan. 02, 2025 |
Nov. 22, 2024 |
Feb. 23, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
|
Exercise price | $ 1.72 | ||||||||||
Total compensation | $ 1,779,402 | $ 1,216,190 | |||||||||
Other Operating Expenses | $ 118,741 | ||||||||||
Converted shares of common stock | 203,170 | 101,585 | |||||||||
Preferred stock, par value | $ 0.00001 | $ 0.00001 | |||||||||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | |||||||||
Preferred stock remained undesignated | 19,998,000 | 19,998,000 | |||||||||
Common stock, par value | $ 0.00001 | $ 0.00001 | |||||||||
Issuance Of common stock shares | 206,634 | ||||||||||
Issuance Of common stock shares value | $ 518,650 | ||||||||||
Net proceeds | $ 535,560 | ||||||||||
Shares of common stock sold | $ 107,900,000 | ||||||||||
Common stock, shares issued | 139,117,131 | 129,242,993 | |||||||||
Common stock, shares outstanding | 139,117,131 | 129,242,993 | |||||||||
Common stock, shares authorized | 300,000,000 | 300,000,000 | |||||||||
Milovanovic [Member] | |||||||||||
Unregistered shares of restricted common stock value | $ 185,000 | ||||||||||
Debt amount converted into common stock | $ 501,591 | $ 1,165,358 | |||||||||
Converted shares of common stock | 250,796 | 647,422 | |||||||||
Conversion price | $ 2.00 | $ 1.80 | |||||||||
Conversion price description | (i) the average closing sales price of the Company’s common stock on the Nasdaq market over the thirty trading day period ending on the trading day immediately preceding the date of the conversion notice; (ii) minus a discount of 15%; or (B) $3.00, subject to a floor of $2.00 per share | ||||||||||
Unregistered shares of restricted common stock | 431,700 | ||||||||||
Series C Preferred Stock [Member] | |||||||||||
Preferred stock, par value | $ 0.00001 | $ 0.00001 | |||||||||
Preferred Stock, outstanding | 1,000 | 1,000 | |||||||||
Series B Preferred Stock [Member] | |||||||||||
Preferred stock, par value | $ 0.00001 | $ 0.00001 | |||||||||
Preferred Stock, outstanding | 1,000 | 1,000 | |||||||||
One Employee [Member] | |||||||||||
Purchase shares of common stock | 180,000 | ||||||||||
Exercise price | $ 1.74 | ||||||||||
One Director [Member ] | |||||||||||
Purchase shares of common stock | 100,000 | ||||||||||
Exercise price | $ 2.67 | ||||||||||
Milosevic [Member] | |||||||||||
Due to Related Parties | $ 150,000 | ||||||||||
Bozovic [Member] | |||||||||||
Due to Related Parties | $ 100,000 | ||||||||||
Meridian Purchase Agreement [Member] | |||||||||||
Amendment confirmed description | The amendment confirmed that $179,540 of the $10 million of non-contingent consideration which was due to the Sellers 12 months after the closing date of the acquisition of MeridianBet Group had already been paid and provided that the remaining amounts would be partially converted into common stock. Specifically, $9,445,460 owed to Milovanović was converted into 4,843,826 shares at $1.95 per share; $100,000 owed to Milošević and $25,000 owed to Božović was converted into 50,000 and 12,500 shares, respectively, at $2.00 per share | ||||||||||
Equity Distribution Agreement [Member] | |||||||||||
Distribution agreement description | certain specified expenses up to $50,000, plus up to $5,000 for each future quarterly period that the Distribution Agreement remains in place | ||||||||||
Issuance Of common stock shares value | $ 14,700,000 | ||||||||||
Payment receivable | $ 29,787 | ||||||||||
Net proceeds | 662,600 | ||||||||||
Shares of common stock sold | $ 374,919 | ||||||||||
2023 Equity Incentive Plan [Member] | |||||||||||
Equity incentive plan share allocation and increase provisions | Plan is the sum of (i) five million (5,000,000) shares, and (ii) an automatic increase on April 1st of each year for a period of nine years commencing on April 1, 2024 and ending on (and including) April 1, 2033, in an amount equal to the lesser of (A) five percent (5%) of the total shares of common stock of the Company outstanding on the last day of the immediately preceding fiscal year (the “Evergreen Measurement Date”); and (B) five million (5,000,000) shares of common stock; provided, however, that the Board may act prior to April 1st of a given year to provide that the increase for such year will be a lesser number of shares of common stock. Notwithstanding the foregoing, no more than a total of 50,000,000 shares of common stock (or awards) may be issued or granted under the 2023 Plan in aggregate, and no more than 50,000,000 shares of common stock may be issued pursuant to the exercise of Incentive Stock Options. On April 1, 2024, the number of shares eligible for issuance under the 2023 Plan increased automatically by 1,808,146 shares and on April 1, 2025, the number of shares eligible for issuance under the 2023 Plan increased by 3,632,000 shares (the Board of Directors took action prior to April 1, 2025, to limit the automatic increase under the 2023 Plan, which would have increased by 5,000,000 shares, to 3,632,000 shares, to take into account a total of 1,368,000 of awards made under the 2022 Plan, after the adoption of the 2023 Plan) | ||||||||||
2018 Equity Incentive Plan [Member] | |||||||||||
Total compensation cost related to stock options granted | $ 118,741 | $ 91,696 | |||||||||
Meridian Worldwide CY Limited [Member] | |||||||||||
Description of sales-purchase agreements | shares of restricted common stock were issued to one individual as consideration to acquire a 24.5% minority interest in Meridian Gaming Peru S.A.C | ||||||||||
Share issuance shares of restricted common stock | 1,071,101 | ||||||||||
Meridian Gaming Peru S.A.C [Member] | |||||||||||
Share issuance shares of restricted common stock | 814,768 |