On December 31, 2025, the Company agreed to assign and transfer to Happy Hour Entertainment Holdings Ltd. the domain name www. casinoroom.com and all variations and extensions the “Casino Room Domain”. In exchange for the Casino Room Domain, the Company received 100% of the issued and allotted share capital of Happy Hour Solutions Limited, which holds a valid remote gambling license issued by the Estonian Tax and Customs Board.

The sale of the Casino Room Domain represents a strategic shift for the Company. Income from discontinued operations of $1.6 million, for a total net income of $0.4 million, which was recorded in net income from discontinued operations in the consolidated statement of operations for the period ended March 31, 2025. There were no assets and liabilities related to the Casino Room Domain in the balance sheet as of March 31, 2026 and December 31, 2025.

The following table summarizes the Company’s income from discontinued operations for the period ended March 31, 2025:

(in thousands)	2025
Revenue	$	1,575

Operating expenses
Direct operating costs		—
Direct operating costs (related party)		1,092
General and administrative		22
General and administrative (related party)		12
Advertising and promotions		—
Total operating expenses		1,126
Income from operations		449

Interest expense, net		—
Loss on disposition		—
Reclassification of accumulated other comprehensive income balance		—

Income before income taxes		449
Income tax expense		—
Net income from discontinued operations	$	449

The consolidated statements of cash flows includes continuing operations and discontinued operations. The following table summarizes the cash flows from operations of discontinued operations for the period ended March 31, 2025: