v3.25.3
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues $ 47,316,308 $ 40,992,329 $ 133,284,729 $ 105,258,158
Segment gross profit 26,386,423 22,403,167 74,959,403 61,780,639
Stock-based compensation expenses 546,415 1,614,751 3,003,354 3,252,803
Depreciation expenses 1,413,163 1,145,210 4,193,434 3,173,473
Total income (loss) from operations $ (387,621) $ (976,383) (2,798,488) $ 2,842,850
Total Segments [Member]        
Revenues     133,284,729  
Cost of revenue     (58,236,723)  
Segment gross profit     75,048,006  
Selling, general and administrative expenses     14,300,340  
Salaries and wages     18,363,348  
Professional fees     2,048,080  
Marketing expenses     19,639,498  
Rents and utilities     5,718,607  
Bad debt expense     229,239  
Segment income from operations     14,748,894  
Holding company expenses     2,878,950  
Restructuring costs     278,090  
Stock-based compensation expenses     3,003,054  
Depreciation expenses     4,193,434  
Amortization expenses     7,193,854  
Total income (loss) from operations     (2,798,488)  
RKings & CFAC [Member]        
Revenues     32,884,664  
Cost of revenue     (23,924,061)  
Segment gross profit     8,960,603  
Selling, general and administrative expenses     1,705,588  
Salaries and wages     874,398  
Professional fees     57,140  
Marketing expenses     4,126,722  
Rents and utilities     141,624  
Segment income from operations     2,055,131  
MeridianBet Group [Member]        
Revenues     89,392,980  
Cost of revenue     (26,755,333)  
Segment gross profit     62,637,647  
Selling, general and administrative expenses     11,342,321  
Salaries and wages     16,366,968  
Professional fees     1,745,728  
Marketing expenses     14,864,692  
Rents and utilities     5,474,898  
Bad debt expense     229,239  
Segment income from operations     12,613,801  
GMAG [Member]        
Revenues     11,007,085  
Cost of revenue     (7,557,329)  
Segment gross profit     3,449,756  
Selling, general and administrative expenses     1,252,431  
Salaries and wages     1,121,982  
Professional fees     245,212  
Marketing expenses     648,084  
Rents and utilities     102,085  
Segment income from operations     $ 79,962