v3.26.3
Discontinued Operations
6 Months Ended
Jun. 30, 2026
Discontinued Operations [Abstract]  
Discontinued Operations

Note 15 – Discontinued Operations

 

In a strategic shift to focus on its flagship product, Dominus Sports, the Company decided to discontinue operations at its India subsidiary, MOGO Pvt Ltd. Because the Company will no longer work with universities to promote and establish sports leagues on college campuses, the Company has determined that the disposal of this subsidiary qualifies for reporting as a discontinued operation.

 

During the three and six months ended June 30, 2025, there was approximately nil and $1,600 of revenue from discontinued operations, respectively. During the three and six months ended June 30, 2025 there was approximately $67,000 and $73,000 of selling, general and administrative expenses from discontinued operations, respectively. Additionally, during the three and six months ended June 30, 2025, there was an approximate nil and $13,000 gain on sale of property and equipment, respectively, resulting from the discontinuing of operations.

 

During the six months ended June 30, 2025, there was approximately $91,000 of net cash provided by operating activities for discontinued operations.