Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
|---|
| Significant Accounting Policies [Abstract] |
|
| Schedule of estimated useful lives of property and equipment |
| Office equipment |
|
3 - 5 years |
| Computer equipment |
|
3 - 5 years |
| Production equipment |
|
3 - 5 years |
| Furniture and fixtures |
|
3 - 5 years |
| Esports gaming truck |
|
5 years |
| Leasehold improvements |
|
Lesser of 10 years or remaining lease term
|
|
| Schedule of financial assets measured at fair value on a recurring basis |
| As of December 31, 2025 |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
| Digital assets |
|
$ |
260,652 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
260,652 |
|
| Cash equivalent - Money market funds |
|
|
4,797,697 |
|
|
|
- |
|
|
|
- |
|
|
|
4,797,697 |
|
| Marketable securities |
|
|
1,334,719 |
|
|
|
- |
|
|
|
- |
|
|
|
1,334,719 |
|
| Derivative instruments |
|
|
- |
|
|
|
- |
|
|
|
(657,136 |
) |
|
|
(657,136 |
) |
| Short-term investment - Bond linked notes |
|
|
- |
|
|
|
14,766,470 |
|
|
|
- |
|
|
|
14,766,470 |
|
| Short-term investment - Equity linked notes |
|
|
- |
|
|
|
11,310,650 |
|
|
|
- |
|
|
|
11,310,650 |
|
| Short-term investment - US Treasury Bond |
|
|
- |
|
|
|
11,587,134 |
|
|
|
- |
|
|
|
11,587,134 |
|
| Total |
|
$ |
6,393,068 |
|
|
$ |
37,664,254 |
|
|
$ |
(657,136 |
) |
|
$ |
43,400,186 |
|
| As of December 31, 2024 |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
| Digital assets |
|
$ |
49,300 |
|
|
|
- |
|
|
|
- |
|
|
$ |
49,300 |
|
| Cash equivalent - Money market funds |
|
|
40,007,612 |
|
|
|
- |
|
|
|
- |
|
|
|
40,007,612 |
|
| Marketable securities |
|
|
3,483,211 |
|
|
|
- |
|
|
|
- |
|
|
|
3,483,211 |
|
| |
|
$ |
43,540,123 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
43,540,123 |
|
|
| Schedule of basic and diluted net loss per common share |
| |
|
For the Years Ended |
| |
|
December 31, |
| |
|
2025 |
|
2024 |
| Numerator: |
|
|
|
|
| Net loss attributable to common stockholders |
|
$ |
(32,786,790 |
) |
|
$ |
(16,757,285 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator (weighted average quantities): |
|
|
|
|
|
|
|
|
| Common shares outstanding |
|
|
39,844,308 |
|
|
|
41,172,974 |
|
| Less: Unvested restricted shares |
|
|
(279,137 |
) |
|
|
(798,634 |
) |
| Denominator for basic and diluted net loss per share |
|
|
39,565,171 |
|
|
|
40,374,340 |
|
| |
|
|
|
|
|
|
|
|
| Basic and Diluted Net Loss per Common Share |
|
$ |
(0.83 |
) |
|
|
$(0. 42 |
)
|
|
| Schedule of securities are excluded from calculation of weighted average dilutive common shares |
| |
|
As of December 31, |
| |
|
2025 |
|
2024 |
| Unvested restricted common shares |
|
|
- |
|
|
|
710,000 |
|
| Options |
|
|
1,270,000 |
|
|
|
1,270,000 |
|
| Warrants |
|
|
- |
|
|
|
7,454,546 |
|
| |
|
|
1,270,000 |
|
|
|
9,434,546 |
|
|
| Schedule of in-person revenue |
| |
|
For the Years Ended |
| |
|
December 31, |
| |
|
2025 |
|
2024 |
| Event revenue |
|
$ |
2,507,611 |
|
|
$ |
2,082,269 |
|
| Sponsorship revenue |
|
|
1,865,087 |
|
|
|
1,838,447 |
|
| Food and beverage revenue |
|
|
222,274 |
|
|
|
271,184 |
|
| Ticket and gaming revenue |
|
|
305,690 |
|
|
|
414,881 |
|
| Merchandising revenue |
|
|
41,072 |
|
|
|
62,863 |
|
| Total in-person revenue |
|
$ |
4,941,734 |
|
|
$ |
4,669,644 |
|
| |
|
For the Years Ended |
| |
|
December 31, |
| |
|
2025 |
|
2024 |
| Sponsorship revenue |
|
$ |
- |
|
|
$ |
- |
|
| Distribution revenue |
|
|
204 |
|
|
|
336 |
|
| Total multiplatform revenue |
|
$ |
204 |
|
|
$ |
336 |
|
|
| Schedule of revenue recognized |
| |
|
For the Years Ended |
| |
|
December 31, |
| |
|
2025 |
|
2024 |
| Revenues Recognized at a Point in Time: |
|
|
|
|
|
|
|
|
| Ticket and gaming revenue |
|
|
305,690 |
|
|
|
414,881 |
|
| Food and beverage revenue |
|
|
222,274 |
|
|
|
271,184 |
|
| Merchandising revenue |
|
|
41,072 |
|
|
|
62,863 |
|
| Casual mobile games |
|
|
3,033,281 |
|
|
|
4,409,192 |
|
| Distribution revenue |
|
|
204 |
|
|
|
336 |
|
| Total Revenues Recognized at a Point in Time |
|
|
3,602,521 |
|
|
|
5,158,456 |
|
| |
|
|
|
|
|
|
|
|
| Revenues Recognized Over a Period of Time: |
|
|
|
|
|
|
|
|
| Event revenue |
|
|
2,507,611 |
|
|
|
2,082,269 |
|
| Sponsorship revenue |
|
|
1,865,087 |
|
|
|
1,838,447 |
|
| Total Revenues Recognized Over a Period of Time |
|
|
4,372,698 |
|
|
|
3,920,716 |
|
| Total Revenues |
|
$ |
7,975,219 |
|
|
$ |
9,079,172 |
|
|