v3.26.1
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 50,193,999 $ 43,245,368 $ 100,297,869 $ 85,968,421
Segment gross profit 26,854,920 24,377,019 54,999,160 48,572,980
Stock-based compensation (97,292) 1,416,314 150,765 2,456,639
Depreciation expenses 1,185,050 1,344,024 2,621,005 2,780,271
Total income (loss) from operations 2,439,935 $ (2,304,850) 5,597,059 $ (2,410,867)
Total Segments [Member]        
Revenues 50,193,999   100,297,869  
Cost of revenue (23,339,079)   (45,298,709)  
Segment gross profit 26,854,920   54,999,160  
Selling, general and administrative expenses 5,438,335   10,841,920  
Salaries and wages 6,871,714   13,579,377  
Professional fees 685,703   1,342,793  
Marketing expenses 5,870,811   12,263,264  
Rents and utilities 1,885,225   4,127,481  
Bad debt expense 95,483   197,659  
Segment income/(loss) from operations 6,007,649   12,646,666  
Holding company expenses 948,457   1,721,163  
Stock-based compensation (97,292)   150,765  
Depreciation expenses 1,185,050   2,621,005  
Amortization expenses 1,531,499   2,556,674  
Total income (loss) from operations 2,439,935   5,597,059  
RKings & CFAC [Member]        
Revenues 10,798,275   22,905,822  
Cost of revenue (8,640,707)   (17,813,110)  
Segment gross profit 2,157,568   5,092,712  
Selling, general and administrative expenses 482,793   1,028,522  
Salaries and wages 318,872   655,207  
Professional fees 24,542   50,442  
Marketing expenses 1,405,242   3,033,815  
Rents and utilities 40,541   83,462  
Bad debt expense 0   0  
Segment income/(loss) from operations (114,422)   241,264  
MeridianBet Group [Member]        
Revenues 35,825,281   70,688,312  
Cost of revenue (12,324,962)   (23,041,265)  
Segment gross profit 23,500,319   47,647,047  
Selling, general and administrative expenses 4,515,483   8,811,006  
Salaries and wages 6,166,486   12,112,408  
Professional fees 634,962   1,228,841  
Marketing expenses 4,171,692   8,676,618  
Rents and utilities 1,801,284   3,957,971  
Bad debt expense 94,596   110,359  
Segment income/(loss) from operations 6,115,816   12,749,844  
GMAG [Member]        
Revenues 3,570,443   6,703,735  
Cost of revenue (2,373,410)   (4,444,334)  
Segment gross profit 1,197,033   2,259,401  
Selling, general and administrative expenses 440,059   1,002,392  
Salaries and wages 386,356   811,762  
Professional fees 26,199   63,510  
Marketing expenses 293,877   552,831  
Rents and utilities 43,400   86,048  
Bad debt expense 887   87,300  
Segment income/(loss) from operations $ 6,255   $ (344,442)