| SCHEDULE OF DISAGGREGATION OF REVENUE |
SCHEDULE
OF DISAGGREGATION OF REVENUE
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Over
time | |
$ | 1,206,962 | | |
$ | 1,556,192 | | |
$ | 2,384,088 | | |
$ | 3,374,000 | |
| Point
in time | |
| 18,469,486 | | |
| 20,629,558 | | |
| 44,587,014 | | |
| 38,922,622 | |
| Total
revenue from contracts with customers: | |
$ | 19,676,448 | | |
$ | 22,185,750 | | |
$ | 46,971,102 | | |
$ | 42,296,622 | |
Geography
The
Company attributes net revenue to geographic regions based on customer location. Net revenue by geographic region for the three and six
months ended June 30, 2026 and 2025 were as follows:
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| United
States | |
$ | 17,541,449 | | |
$ | 19,516,617 | | |
$ | 41,812,712 | | |
$ | 36,818,303 | |
| International | |
| 2,134,999 | | |
| 2,669,133 | | |
| 5,158,390 | | |
| 5,478,319 | |
| Total
revenue from contracts with customers: | |
$ | 19,676,448 | | |
$ | 22,185,750 | | |
$ | 46,971,102 | | |
$ | 42,296,622 | |
No
other individual country accounted for more than 10% of total revenue.
Platform
Net
revenue by platform for the three and six months ended June 30, 2026 and 2025 were as follows:
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Console | |
$ | 7,074,041 | | |
$ | 9,491,483 | | |
$ | 15,341,502 | | |
$ | 17,797,060 | |
| PC | |
| 10,850,601 | | |
| 10,030,549 | | |
| 28,014,319 | | |
| 19,038,686 | |
| Mobile | |
| 1,357,932 | | |
| 2,037,095 | | |
| 2,807,974 | | |
| 4,384,328 | |
| Other | |
| 393,874 | | |
| 626,623 | | |
| 807,307 | | |
| 1,076,548 | |
| Total
revenue from contracts with customers: | |
$ | 19,676,448 | | |
$ | 22,185,750 | | |
$ | 46,971,102 | | |
$ | 42,296,622 | |
Our
net revenues through our current period top four platform providers as a proportion of our total net revenue for the three and six months
ended June 30, 2026 and 2025 were as follows:
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Platform
1 | |
$ | 10,617,666 | | |
$ | 9,716,288 | | |
$ | 27,475,155 | | |
$ | 18,479,182 | |
| Platform 2 | |
| 2,813,713 | | |
| 2,268,144 | | |
| 5,723,422 | | |
| 5,003,411 | |
| Platform 3 | |
| 4,000,683 | | |
| 6,897,929 | | |
| 9,080,084 | | |
| 12,071,489 | |
| Platform 4 | |
| 231,628 | | |
| 324,866 | | |
| 509,294 | | |
| 720,462 | |
| All
other revenue | |
| 2,012,758 | | |
| 2,978,523 | | |
| 4,183,147 | | |
| 6,022,078 | |
| Total
revenue from contracts with customers: | |
$ | 19,676,448 | | |
$ | 22,185,750 | | |
$ | 46,971,102 | | |
$ | 42,296,622 | |
Snail
Inc. and Subsidiaries
Notes
to Condensed Consolidated Financial Statements
Distribution
channel
Our
products are delivered through digital online services (digital download, online platforms, and cloud streaming), mobile, and retail
distribution and other. Net revenue by distribution channel for the three and six months ended June 30, 2026 and 2025 was as follows:
| | |
| | |
| | |
| | |
| |
| | |
Three
Months Ended June 30, | | |
Six
Months Ended June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Digital | |
$ | 17,924,642 | | |
$ | 19,522,032 | | |
$ | 43,355,822 | | |
$ | 36,835,746 | |
| Mobile | |
| 1,357,932 | | |
| 2,037,095 | | |
| 2,807,974 | | |
| 4,384,328 | |
| Physical
retail and other | |
| 393,874 | | |
| 626,623 | | |
| 807,306 | | |
| 1,076,548 | |
| Total
revenue from contracts with customers: | |
$ | 19,676,448 | | |
$ | 22,185,750 | | |
$ | 46,971,102 | | |
$ | 42,296,622 | |
|