v3.26.1
BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
BASIS OF PRESENTATION AND ACCOUNTING POLICIES  
Schedule of changes in carrying value of goodwill

 

 

Total

 

Balance as of December 31, 2025

 

$8,450,955

 

Foreign currency translation adjustment

 

 

15,700

 

Goodwill recognized during the period

 

 

377,379

 

Balance as of March 31, 2026

 

 

8,844,034

 

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

 

 

 

March 31,

 

 

 

2026

 

 

2025

 

Basic earnings per common share

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$2,260,795

 

 

$(231,608)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

12,640,999

 

 

 

10,977,405

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$0.18

 

 

$(0.02)

 

 

 

 

 

 

 

 

 

Diluted earnings per common share

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$2,260,795

 

 

$(231,608)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

12,640,999

 

 

 

10,977,405

 

Preferred shares

 

 

83

 

 

 

-

 

Restricted stock units

 

 

107,107

 

 

 

-

 

Stock payable

 

 

8,416

 

 

 

-

 

Stock payable – related party

 

 

28,747

 

 

 

-

 

Adjusted weighted average common shares outstanding

 

 

12,785,352

 

 

 

10,977,405

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

$0.18

 

 

$(0.02)