v3.25.3
BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2025
BASIS OF PRESENTATION AND ACCOUNTING POLICIES  
Schedule of changes in carrying value of goodwill

 

 

Total

 

Balance as of December 31, 2024

 

$71,249,119

 

Foreign currency translation adjustment

 

 

56,234

 

Balance as of September 30, 2025

 

$71,305,353

 

Schedule of useful life of property, plant and equipment

 

 

Useful Life in Years

 

Land

 

40

 

Buildings

 

40

 

Slots and machines

 

10

 

Equipment & Furniture

 

4 to 10

 

Computers

 

3 to 5

 

Televisions

 

4

 

Leasehold improvement

 

5

 

Software

 

3-5

 

Licenses

 

up to 10

 

Other intangible assets

 

5

 

Schedule of earnings per common share

 

 

For the three months ended

 

 

For the nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Basic earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$566,014

 

 

$(3,405,564)

 

$(3,249,939)

 

$650,095

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

139,769,484

 

 

 

121,510,697

 

 

 

136,518,376

 

 

 

108,570,269

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$0.00

 

 

$(0.03)

 

$(0.02)

 

$0.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$566,014

 

 

$(3,405,564)

 

$(3,249,939)

 

$650,095

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

139,769,484

 

 

 

121,510,697

 

 

 

136,518,376

 

 

 

108,570,269

 

Preferred shares

 

 

1,000,000

 

 

 

-

 

 

 

-

 

 

 

667,883

 

Warrants/Options

 

 

-

 

 

 

-

 

 

 

-

 

 

 

146,454

 

Restricted stock units

 

 

1,989,290

 

 

 

-

 

 

 

-

 

 

 

1,199,200

 

Deferred cash convertible note

 

 

-

 

 

 

-

 

 

 

-

 

 

 

136,818

 

Post-closing share consideration

 

 

-

 

 

 

-

 

 

 

-

 

 

 

3,339,416

 

Convertible promissory note

 

 

-

 

 

 

-

 

 

 

-

 

 

 

956,934

 

Adjusted weighted average common shares outstanding

 

 

142,758,774

 

 

 

121,510,697

 

 

 

136,518,376

 

 

 

115,016,974

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

$0.00

 

 

$(0.03)

 

$(0.02)

 

$0.01