v3.26.1
OTHER CURRENT ASSETS
6 Months Ended
Jun. 30, 2026
OTHER CURRENT ASSETS  
OTHER CURRENT ASSETS

NOTE 6 – OTHER CURRENT ASSETS

 

As of June 30, 2026, and December 31, 2025, other current assets are $2,992,679 and $2,167,818, respectively. The components of other current assets are as follows:

 

Description

 

As of

June 30,

2026

 

 

As of

December 31,

2025

 

Other current receivables

 

$1,392,946

 

 

$1,295,093

 

Accrued income

 

 

1,130,173

 

 

 

769,611

 

Employee receivables

 

 

726,047

 

 

 

341,580

 

Other current investments

 

 

349,095

 

 

 

354,422

 

Allowance for bad debt

 

 

(605,582)

 

 

(592,888)

Total other current assets

 

$2,992,679

 

 

$2,167,818

 

 

Other current receivables include government refunds for maternity leave reimbursements, interest receivables, employee advances, and receivables for thefts and damages.

 

As of June 30, 2026, the total allowance for bad debt amounts to $605,582 and is primarily related to the impairment of other receivables recorded at My Best Odds Belgium in the amount of $431,886, as well as the impairment of Atlas Bank in bankruptcy at MeridianBet Montenegro in the amount of $164,947.