NOTE 10 – DEPOSITS AND NON-CURRENT PREPAID ASSETS

As of March 31, 2026 and December 31, 2025, deposits and prepaid assets are $6,319,264 and $6,315,584, respectively. The components of deposits and prepaid assets are as follows: 

Betting and casino deposits are long term deposits held with the following banks: NLB Komercijalna bank, EFG-Direktna bank, Halk bank, Bank Postanska Stedionica, and Fibank, as security for the permission granted to operate in a particular region.

Other deposits are long-term deposits with EFG Direktna bank and Nova bank for open credit lines and e-commerce services.

The deposits with NLB Komercijalna bank accrue interest at the rates of 1.0% and 1.9% per annum.

As of March 31, 2026, and December 31, 2025, other non-current assets were $2,974,242 and $2,499,415, respectively. The components of the other non-current assets are as follows:

In June 2025, the Company entered into a silent partnership (“SCP”) with Makerplay Entretenimento & Marketing Ltda. for the commercial operation of fixed-odds betting under the “PINBET” brand in Brazil. Under this arrangement, the Company acts as the managing partner and operates the business under its federal betting authorization. The partner committed to contribute capital of R$11,000,000 (equivalent to $2,107,764 as of March 31, 2026) to the SCP and is entitled to participate in the results of the operations. As of March 31, 2026, the investor has contributed R$5,500,000 (equivalent to $1,053,882 as of March 31, 2026) out of the total committed amount, with the remaining R$5,500,000 (equivalent to $1,053,882 as of March 31, 2026) to be contributed in accordance with the agreed terms and conditions.