Inventories consisted of the following at June 30, 2026 and December 31, 2025:

 SCHEDULE OF INVENTORIES

As of June 30, 2026 and December 31, 2025, the Company’s inventories relate entirely to its continuing operations and consist of tickets to live events held for resale by the Entertainment business and event merchandise. Inventories of the Video Solutions business, consisting of raw material and component parts, work-in-process, and finished goods, net of reserves for excess and obsolete inventory, are included within assets of the Video Solutions business held-for-sale in the condensed consolidated balance sheets. See Note 22, Discontinued Operations, for additional information regarding the assets and liabilities of the Video Solutions business.

During the three months ended June 30, 2026, the Company changed the method used to estimate the inventory valuation reserve for ticket inventory from a method based on the prior-year ratio of reserve to inventory to one based on the Company’s actual realized loss rate on ticket inventory over the trailing four fiscal quarters. The change has been accounted for prospectively as a change in accounting estimate. Had the Company continued to apply the previous method, the inventory valuation reserve would have been approximately $151,835 as of June 30, 2026, and cost of product revenue, gross loss, loss from continuing operations and net loss attributable to common stockholders each would have been higher by $79,632 for both the three and six months ended June 30, 2026, or $0.10 and $0.13 per basic and diluted share, respectively.