| Schedule of Prepaid Expenses and Other Current Assets |
Our prepaid expenses and
other current assets consist of the following as of December 31, 2024 and 2023:
| | |
2024 | | |
2023 | |
| Prepaid
expenses(1) | |
$ | 3,123,125 | | |
$ | 16,070,168 | |
| Deposit settlement receivables | |
| 22,700,382 | | |
| 12,210,112 | |
| Federal income tax receivable | |
| 1,425,403 | | |
| 8,190,754 | |
| Deposits | |
| 4,983,679 | | |
| 20,106,374 | |
| Deferred equity issuance costs | |
| 7,603,867 | | |
| 2,340,539 | |
| Accounts receivables | |
| 3,771,645 | | |
| 693,769 | |
| Non-income based foreign tax receivable | |
| 1,568,822 | | |
| 1,895,925 | |
| Note receivable | |
| – | | |
| 2,852,106 | |
| Other | |
| 5,167,913 | | |
| 3,044,196 | |
| Total | |
$ | 50,344,836 | | |
$ | 67,403,943 | |
| (1) | Includes $13,772,358 of unamortized sponsorship fees as of December 31, 2023. See Note 24 — Commitments and Contingencies for sponsorship details. |
|