v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash $ 785,905 $ 171,524
Restricted Cash
Accounts receivable, net 1,288,309 231,259
Inventory 260,653
Prepaid expenses 8,958,148 8,634,275
Other current assets 3,237,237 3,843,228
Total current assets 14,530,252 12,880,286
Notes receivable 2,000,000 2,000,000
Investments 260,139 250,000
Goodwill 59,257,140 7,087,232
Intangible assets, net 29,118,522 13,859,528
Property and equipment, net 75,150 1,095
Other long-term assets 17,091,958 16,818,711
Total assets 122,333,161 52,896,852
Current liabilities:    
Trade payables 11,074,256 8,557,915
Deferred revenue 59,662 21,990
Notes payable - current 12,912,966 6,186,163
Accrued interest 1,586,347 1,557,032
Accrued and other expenses 9,349,554 13,510,721
Other liabilities 19,080,459 2,065,537
Total current liabilities 54,063,244 31,899,358
Long-term liabilities:    
Other long-term liabilities
Total long-term liabilities
Commitments and contingencies (Note 14)
Total liabilities 54,063,244 31,899,358
Equity Controlling Interest    
Preferred Stock, par value $0.001, 1,000,000 shares authorized, none issued and outstanding
Common stock, par value $0.001, 500,000,000 shares authorized, 2,734,697 and 982,898 issued and outstanding March 31, 2026 and December 31, 2025, respectively 2,783 983
Common stock, treasury at par; 48,337 shares and 0, outstanding March 31, 2026 and December 31, 2025, respectively (48)
Additional paid-in capital 335,503,295 307,018,667
Accumulated other comprehensive loss (1,817,325) 311,932
Accumulated deficit (290,341,308) (286,556,363)
Total SEGG Media stockholders’ equity 43,347,397 20,775,219
Noncontrolling interest 24,922,520 222,275
Total Stockholders’ Equity 68,269,917 20,997,494
Total liabilities and stockholders’ equity $ 122,333,161 $ 52,896,852