v3.26.1
BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 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

 

 

18,179

 

Goodwill recognized during the period

 

 

377,379

 

Balance as of June 30, 2026

 

$8,846,513

 

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

 

 

For the six months ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Basic earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$2,165,050

 

 

$(3,584,345)

 

$4,425,845

 

 

$(3,815,953)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

12,665,133

 

 

 

11,497,369

 

 

 

12,653,266

 

 

 

11,238,823

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per common share

 

$0.17

 

 

$(0.31)

 

$0.35

 

 

$(0.34)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) available to common shareholders

 

$2,165,050

 

 

$(3,584,345)

 

$4,425,845

 

 

$(3,815,953)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

12,665,133

 

 

 

11,497,369

 

 

 

12,653,266

 

 

 

11,238,823

 

Preferred shares

 

 

83

 

 

 

-

 

 

 

83

 

 

 

-

 

Restricted stock units

 

 

56,700

 

 

 

-

 

 

 

81,629

 

 

 

-

 

Stock payable

 

 

8,416

 

 

 

-

 

 

 

8,416

 

 

 

-

 

Stock payable – related party

 

 

28,747

 

 

 

-

 

 

 

28,747

 

 

 

-

 

Adjusted weighted average common shares outstanding

 

 

12,759,079

 

 

 

11,497,369

 

 

 

12,772,141

 

 

 

11,238,823

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per common share

 

$0.17

 

 

$(0.31)

 

$0.35

 

 

$(0.34)