v3.25.3
OTHER CURRENT ASSETS
9 Months Ended
Sep. 30, 2025
OTHER CURRENT ASSETS  
OTHER CURRENT ASSETS

NOTE 6 – OTHER CURRENT ASSETS

 

As of September 30, 2025, and December 31, 2024, other current assets were $2,115,493 and $2,584,771, respectively. The components of other current assets were as follows:

 

Description

 

As of September 30, 2025

 

 

As of December 31, 2024

 

Other current receivables

 

$1,038,920

 

 

$1,315,276

 

Accrued income

 

 

833,675

 

 

 

1,068,075

 

Employee receivables

 

 

459,062

 

 

 

314,865

 

Other current investments

 

 

354,070

 

 

 

330,302

 

Allowance for bad debt

 

 

(570,234)

 

 

(443,747)

Total other current assets

 

$2,115,493

 

 

$2,584,771

 

 

Other current receivables include government refunds for maternity leave reimbursements, interest receivables, employee advances, and receivables for thefts and damages.

 

As of September 30, 2025, the total allowance for bad debt amounted to $570,234 and was primarily related to the impairment of other receivables recorded at My Best Odds Belgium in the amount of $398,553, as well as the impairment of Atlas Bank in bankruptcy at MeridianBet Montenegro in the amount of $132,596.