SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Accounting Policies [Abstract] |
|
| SCHEDULE OF COST OF REVENUES |
SCHEDULE OF COST OF REVENUES
| | |
2026 | | |
2025 | |
| Software license royalties – related parties | |
$ | 6,333,981 | | |
$ | 5,273,727 | |
| Software license royalties | |
| 75,189 | | |
| 53,830 | |
| License and amortization – related party | |
| 6,250,000 | | |
| 6,000,000 | |
| License and amortization | |
| 335,852 | | |
| 263,725 | |
| Merchant fees | |
| 328,659 | | |
| 554,695 | |
| Engine fees | |
| 1,010,765 | | |
| 812,948 | |
| Internet, server and data center | |
| 1,290,757 | | |
| 1,295,938 | |
| Costs related to other revenue | |
| 13,010 | | |
| 8,482 | |
| Total: | |
$ | 15,638,213 | | |
$ | 14,263,345 | |
|
| SCHEDULE OF EQUITY INTEREST AND NON CONTROLLING INTEREST IN SUBSIDIARIES |
SCHEDULE OF EQUITY INTEREST AND NON CONTROLLING INTEREST IN SUBSIDIARIES
| Subsidiary Name | |
Equity % Owned | | |
Non-Controlling % | |
| Snail Innovation Institute | |
| 70 | % | |
| 30 | % |
| BTBX.IO, LLC | |
| 70 | % | |
| 30 | % |
| Donkey Crew, LLC | |
| 99 | % | |
| 1 | % |
|
| SCHEDULE OF FAIR VALUE AND CLASSIFIED WITHIN THE FAIR VALUE HIERARCHY |
The
following table presents the Company’s convertible notes, convertible notes warrants, and equity line of credit warrants measured
at fair value and classified within the fair value hierarchy as of March 31, 2026 and December 31, 2025:
SCHEDULE
OF FAIR VALUE AND CLASSIFIED WITHIN THE FAIR VALUE HIERARCHY
| | |
Fair value measured as of March 31, 2026 | |
| | |
Total fair value | | |
Quoted prices in active markets
(Level 1) | | |
Significant
other
observable inputs
(Level 2) | | |
Significant unobservable inputs
(Level 3) | |
| Convertible notes | |
$ | 2,382,255 | | |
$ | — | | |
$ | — | | |
$ | 2,382,255 | |
| Convertible notes warrants | |
| 301,679 | | |
| — | | |
| — | | |
| 301,679 | |
| Equity line of credit warrants | |
| 64,214 | | |
| — | | |
| — | | |
| 64,214 | |
| Total: | |
$ | 2,748,148 | | |
$ | — | | |
$ | — | | |
$ | 2,748,148 | |
| | |
Fair value measured as of December 31, 2025 | |
| | |
Total fair value | | |
Quoted prices in active markets
(Level 1) | | |
Significant
other
observable inputs
(Level 2) | | |
Significant unobservable inputs
(Level 3) | |
| Convertible notes | |
$ | 3,842,189 | | |
$ | — | | |
$ | — | | |
$ | 3,842,189 | |
| Convertible notes warrants | |
| 632,876 | | |
| — | | |
| — | | |
| 632,876 | |
| Equity line of credit warrants | |
| 143,675 | | |
| — | | |
| — | | |
| 143,675 | |
| Total: | |
$ | 4,618,740 | | |
$ | — | | |
$ | — | | |
$ | 4,618,740 | |
|
| SUMMARY OF OUTSTANDING WARRANTS |
A
summary of our outstanding warrants as of March 31, 2026 and December 31, 2025 is included below:
SUMMARY OF OUTSTANDING WARRANTS
| | |
Number Outstanding | | |
Exercise Price | | |
Class | | |
Expiration Date |
| Equity line of credit warrants | |
| 334,314 | | |
$ | 1.50 | | |
Liability | | |
August 24, 2028 |
| Convertible notes warrants | |
| 1,216,185 | | |
| 0.84 | | |
Liability | | |
November 24, 2028 |
| Total warrants: | |
| 1,550,499 | | |
| | | |
| | |
|
|