Mega Matrix Corp.

$ Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000121390024069035 Filed on August 14, 2024

Income Statement

Concept	2024 Q3	2024 Q2	2023 Q2

Balance Sheet

Concept	2024 Q2	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$11.99M	$6.800M
YoY Change	76.25%	71.4%
Cash & Equivalents	$11.99M	$6.848M
Short-Term Investments
Other Short-Term Assets	$3.638M	$10.81M
YoY Change	-66.34%	-5.69%
Inventory
Prepaid Expenses
Receivables	$238.0K
Other Receivables	$300.0K	$4.200K
Total Short-Term Assets	$16.16M	$9.671M
YoY Change	67.1%	73.73%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill	$2.889M
YoY Change
Intangibles	$1.902M
YoY Change
Long-Term Investments	$2.046M	$1.100M
YoY Change	86.0%
Other Assets
YoY Change
Total Long-Term Assets	$6.837M	$1.136M
YoY Change	502.1%	-80.73%
TOTAL ASSETS
Total Short-Term Assets	$16.16M	$9.671M
Total Long-Term Assets	$6.837M	$1.136M
Total Assets	$23.00M	$10.81M
YoY Change	112.81%	-5.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$141.5K	$200.0K
YoY Change	-29.25%	-88.79%
Accrued Expenses		$100.0K
YoY Change		-40.65%
Deferred Revenue	$1.635M
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.713M	$300.0K
YoY Change	1804.27%	-84.74%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.713M	$300.0K
Total Long-Term Liabilities	$0.00	$0.00
Total Liabilities	$5.713M	$371.0K
YoY Change	1439.84%	-81.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$21.70M	-$16.39M
YoY Change	32.38%
Common Stock	$38.20K	$31.80K
YoY Change	20.13%	43.89%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$17.01M	$11.75M
YoY Change
Total Liabilities & Shareholders Equity	$23.00M	$10.81M
YoY Change	112.81%	-5.69%

Cashflow Statement

Concept	2024 Q3	2024 Q2	2023 Q2

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-13387
	dei	Entity Registrant Name EntityRegistrantName	MEGA MATRIX CORP.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	94-3263974
	dei	Entity Address Address Line1 EntityAddressAddressLine1	3000 El Camino Real
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Bldg. 4
	dei	Entity Address Address Line3 EntityAddressAddressLine3	Suite 200
	dei	Entity Address City Or Town EntityAddressCityOrTown	Palo Alto
	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	94306
	dei	City Area Code CityAreaCode	(650)
	dei	Local Phone Number LocalPhoneNumber	340-1888
	dei	Security12b Title Security12bTitle	Common Stock, par value $0.001 per share
	dei	Trading Symbol TradingSymbol	MPU
	dei	Security Exchange Name SecurityExchangeName	NYSE
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	38551825	shares
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11985100	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3129800	usd
CY2023Q4	mtmt	Stable Coins Current StableCoinsCurrent	254400	usd
CY2023Q4	mtmt	Digital Assets Current DigitalAssetsCurrent	7696700	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	238000	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	3637700	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	489700	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	16160800	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	11570600	usd
CY2024Q2	us-gaap	Long Term Investments LongTermInvestments	2046000	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	1770800	usd
CY2024Q2	us-gaap	Goodwill Goodwill	2889200	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1901700	usd
CY2024Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	6836900	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	1770800	usd
CY2024Q2	us-gaap	Assets Assets	22997700	usd
CY2023Q4	us-gaap	Assets Assets	13341400	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	141500	usd
CY2024Q2	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	1635200	usd
CY2024Q2	us-gaap	Taxes Payable Current TaxesPayableCurrent	1900	usd
CY2023Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	1100	usd
CY2024Q2	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	3934200	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	185400	usd
CY2023Q4	mtmt	Subscription Fee Advanced From The Shareholders SubscriptionFeeAdvancedFromTheShareholders	2755100	usd
CY2024Q2	us-gaap	Liabilities Liabilities	5712800	usd
CY2023Q4	us-gaap	Liabilities Liabilities	2941600	usd
CY2024Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	38123566	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31724631	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	38200	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	31800	usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	38699200	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	27822200	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-21724500	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-17454200	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	17012900	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	10399800	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	272000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17284900	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10399800	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	22997700	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13341400	usd
CY2024Q2	us-gaap	Revenues Revenues	6916100	usd
	us-gaap	Revenues Revenues	15607700	usd
CY2024Q2	us-gaap	Cost Of Revenue CostOfRevenue	2708900	usd
	us-gaap	Cost Of Revenue CostOfRevenue	6209100	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	4207200	usd
	us-gaap	Gross Profit GrossProfit	9398600	usd
CY2024Q2	us-gaap	Selling Expense SellingExpense	4344700	usd
CY2023Q2	us-gaap	Selling Expense SellingExpense	15800	usd
	us-gaap	Selling Expense SellingExpense	12063100	usd
	us-gaap	Selling Expense SellingExpense	21100	usd
CY2024Q2	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	2876100	usd
CY2023Q2	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	1690900	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	5114500	usd
	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	3207700	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	7220800	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	1706700	usd
	us-gaap	Operating Expenses OperatingExpenses	17177600	usd
	us-gaap	Operating Expenses OperatingExpenses	3228800	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-3013600	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-1706700	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-7779000	usd
	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-3228800	usd
CY2024Q2	mtmt	Changes In Fair Value Of Digital Assets ChangesInFairValueOfDigitalAssets	302000	usd
CY2023Q2	mtmt	Changes In Fair Value Of Digital Assets ChangesInFairValueOfDigitalAssets	-130500	usd
	mtmt	Changes In Fair Value Of Digital Assets ChangesInFairValueOfDigitalAssets	-2238700	usd
	mtmt	Changes In Fair Value Of Digital Assets ChangesInFairValueOfDigitalAssets	-345900	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-14500	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-14500	usd
CY2024Q2	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments	224800	usd
	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments	224800	usd
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	24100	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	26600	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7700	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	21300	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	7200	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	29800	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-558600	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	137300	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	1994500	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	361200	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3572200	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1569400	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5784500	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2867600	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	400	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1700	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-276200	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-59600	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-3572600	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-1571100	usd
	us-gaap	Profit Loss ProfitLoss	-5508300	usd
	us-gaap	Profit Loss ProfitLoss	-2808000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-169100	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-243600	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1238000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-391000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-3403500	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1327500	usd
	us-gaap	Net Income Loss NetIncomeLoss	-4270300	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2417000	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.1
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.15
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37038070	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	31608169	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36153092	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30914963	shares
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6961900	usd
CY2023Q1	mtmt	Adjustmentto Cumulativeeffect Adjustment Of Opening Balance Due To Adoption Of Fair Value Measurement Of Digital Assets AdjustmenttoCumulativeeffectAdjustmentOfOpeningBalanceDueToAdoptionOfFairValueMeasurementOfDigitalAssets	30600	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	6539000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-1236900	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	12294600	usd
CY2023Q2	mtmt	Stock Issued During Period Value Issuance Of Common Stocks To A Service Provider StockIssuedDuringPeriodValueIssuanceOfCommonStocksToAServiceProvider	208800	usd
CY2023Q2	mtmt	Capital Injection From Noncontrolling Shareholder CapitalInjectionFromNoncontrollingShareholder	88900	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-1571100	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11021200	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10399800	usd
CY2024Q1	mtmt	Stock Issued During Period Value Issuance Of Common Stocks To Certain Investors In A Private Placement StockIssuedDuringPeriodValueIssuanceOfCommonStocksToCertainInvestorsInAPrivatePlacement	3735000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	3775000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	361100	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-1935700	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	16335200	usd
CY2024Q2	mtmt	Stock Issued During Period Value Issuance Of Common Stocks To Certain Investors In A Private Placement StockIssuedDuringPeriodValueIssuanceOfCommonStocksToCertainInvestorsInAPrivatePlacement	3700000	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition	702300	usd
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition	120000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-3572600	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	17284900	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8142100	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-959800	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	610000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	500000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	850000	usd
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	300000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-118300	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1291700	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-850000	usd
	mtmt	Proceeds From Subscription Fee From Investors ProceedsFromSubscriptionFeeFromInvestors	2004900	usd
	mtmt	Proceeds From Subscription Fee Advanced From Investors ProceedsFromSubscriptionFeeAdvancedFromInvestors	1305000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	88900	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2004900	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1393900	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	8855300	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-415900	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3129800	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7263600	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11985100	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6847700	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1600	usd
	mtmt	Subscription Fee Advanced From Investors In The Form Of Usdc SubscriptionFeeAdvancedFromInvestorsInTheFormOfUSDC	50000	usd
	mtmt	Subscription Fee From Investors In The Form Of Usdt SubscriptionFeeFromInvestorsInTheFormOfUSDT	2675000	usd
	mtmt	Subscription Fee From Investors In The Form Of Usdt SubscriptionFeeFromInvestorsInTheFormOfUSDT	300000	usd
	mtmt	Issuance Of Common Stocks To Settle Advance From Subscription Fee From Investors IssuanceOfCommonStocksToSettleAdvanceFromSubscriptionFeeFromInvestors	2755100	usd
	mtmt	Issuance Of Common Stocks To Settle Advance From Subscription Fee From Investors IssuanceOfCommonStocksToSettleAdvanceFromSubscriptionFeeFromInvestors	6539000	usd
CY2024Q2	us-gaap	Minority Interest MinorityInterest	272000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	2889200	usd
CY2024Q2	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments	224800	usd
	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments	224800	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	1635200	usd
CY2024Q2	us-gaap	Revenues Revenues	6916100	usd
	us-gaap	Revenues Revenues	15607700	usd
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Reclassification</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain items in the financial statements of the comparative period have been reclassified to conform to the financial statements for the current period. The reclassification has no impact on the total assets and total liabilities as of December 31, 2023 or on the statements of operations for the three and six months ended June 30, 2023.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2024Q2	us-gaap	Profit Loss ProfitLoss	-3600000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-1600000	usd
	us-gaap	Profit Loss ProfitLoss	-5500000	usd
	us-gaap	Profit Loss ProfitLoss	-2800000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-21700000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-17500000	usd
CY2024Q2	mtmt	Working Capital WorkingCapital	10400000	usd
CY2024Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	7000000	usd
CY2023Q1	mtmt	Fair Value Of Digital Assets FairValueOfDigitalAssets	130500	usd
	mtmt	Impairment Of Digital Assets ImpairmentOfDigitalAssets	223000	usd
	mtmt	Fair Value Of Digital Assets FairValueOfDigitalAssets	345900	usd
	mtmt	Reversal Of Exchange Gains ReversalOfExchangeGains	14000	usd
CY2023Q4	mtmt	Stable Coins Current StableCoinsCurrent	254400	usd
CY2023Q4	mtmt	Stable Coins Current StableCoinsCurrent	254400	usd
CY2023Q4	mtmt	Stable Coins Current StableCoinsCurrent	254400	usd
CY2022Q4	mtmt	Stable Coins Current StableCoinsCurrent	2972000	usd
	mtmt	Collection From Subscription Fee From Investors CollectionFromSubscriptionFeeFromInvestors	50000	usd
	mtmt	Collection Of Usdc From Provision Of Staking Technology Tools CollectionOfUSDCFromProvisionOfStakingTechnologyTools	3900	usd
	mtmt	Collection From Other Services CollectionFromOtherServices	610000	usd
	mtmt	Collection Of Crypto Currency From Exchange CollectionOfCryptoCurrencyFromExchange	2391700	usd
CY2023Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	300000	usd
	mtmt	Exchange Of Crypto ExchangeOfCrypto	1740400	usd
	mtmt	Exchange Of Crypto ExchangeOfCrypto	2001900	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1500000	usd
	mtmt	Payment Of Service Fees And Other Expenses PaymentOfServiceFeesAndOtherExpenses	15700	usd
	mtmt	Payment Of Service Fees And Other Expenses PaymentOfServiceFeesAndOtherExpenses	525800	usd
CY2023Q2	mtmt	Stable Coins Current StableCoinsCurrent	198200	usd
CY2024Q2	mtmt	Impairment Against Investment In Marsland ImpairmentAgainstInvestmentInMarsland	224800	usd
CY2024Q2	us-gaap	Long Term Investments LongTermInvestments	2046000	usd
CY2023Q4	us-gaap	Long Term Investments LongTermInvestments	1770800	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3145500	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1243800	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1901700	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	693300	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1239900	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	1690100	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	184600	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	27000	usd
CY2024Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1901700	usd
CY2024Q2	us-gaap	Lessee Operating Lease Renewal Term LesseeOperatingLeaseRenewalTerm	P12M
CY2024Q2	us-gaap	Payments For Rent PaymentsForRent	46800	usd
CY2023Q2	us-gaap	Payments For Rent PaymentsForRent	20000	usd
	us-gaap	Payments For Rent PaymentsForRent	56600	usd
	us-gaap	Payments For Rent PaymentsForRent	31900	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	31724631	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31724631	shares
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2024Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	90000	shares
CY2024Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	1.5
CY2024Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	1.5
	mtmt	Common Stock Payment Received Percentage CommonStockPaymentReceivedPercentage	0.05	pure
CY2024Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	1.51
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	2.2
	mtmt	Percentage Of Share Subscribed PercentageOfShareSubscribed	0.05	pure
	us-gaap	Stock Issued During Period Shares Restricted Stock Award Gross StockIssuedDuringPeriodSharesRestrictedStockAwardGross	625077	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	466377	shares
CY2024Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	158700	shares
CY2024Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	810500	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1038700	usd
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	38123566	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	38123566	shares
CY2024Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	2490000	shares
CY2024Q1	mtmt	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value Of Warrant SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValueOfWarrant	1867400	usd
CY2024Q2	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	400	usd
CY2024Q2	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0	pure
CY2023Q2	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	1700	usd
CY2023Q2	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0.001	pure
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	276200	usd
	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0.05	pure
	us-gaap	Other Tax Expense Benefit OtherTaxExpenseBenefit	59600	usd
	us-gaap	Effective Income Tax Rate Reconciliation Tax Credits Other EffectiveIncomeTaxRateReconciliationTaxCreditsOther	0.021	pure
CY2024Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	pure
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	pure
CY2024Q2	us-gaap	Revenues Revenues	6916100	usd
	us-gaap	Revenues Revenues	15607700	usd
CY2023Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	pure
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	pure
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	mtmt	Stable Coins Current StableCoinsCurrent		usd
CY2024Q2	mtmt	Digital Assets Current DigitalAssetsCurrent		usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent		usd
CY2023Q4	us-gaap	Goodwill Goodwill		usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill		usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent		usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent		usd
CY2024Q2	mtmt	Subscription Fee Advanced From The Shareholders SubscriptionFeeAdvancedFromTheShareholders		usd
CY2024Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024Q2	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue		usd
CY2024Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued		shares
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding		shares
CY2023Q4	us-gaap	Minority Interest MinorityInterest		usd
CY2023Q2	us-gaap	Revenues Revenues		usd
	us-gaap	Revenues Revenues		usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue		usd
	us-gaap	Cost Of Revenue CostOfRevenue		usd
CY2023Q2	us-gaap	Gross Profit GrossProfit		usd
	us-gaap	Gross Profit GrossProfit		usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments		usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments		usd
CY2023Q2	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments		usd
	mtmt	Impairment Of Longterm Investments ImpairmentOfLongtermInvestments		usd
CY2023Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating		usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating		usd
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.09
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.15
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30914963	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	31608169	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36153092	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37038070	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices		usd
CY2024Q2	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices		usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets		usd
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties		usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired		usd
	mtmt	Proceeds From Subscription Fee From Investors ProceedsFromSubscriptionFeeFromInvestors		usd
	mtmt	Proceeds From Subscription Fee Advanced From Investors ProceedsFromSubscriptionFeeAdvancedFromInvestors		usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	mtmt	Subscription Fee Advanced From Investors In The Form Of Usdc SubscriptionFeeAdvancedFromInvestorsInTheFormOfUSDC		usd
CY2023Q2	us-gaap	Revenues Revenues		usd
	us-gaap	Revenues Revenues		usd
CY2024Q2	mtmt	Stable Coins Current StableCoinsCurrent		usd
	mtmt	Collection From Subscription Fee From Investors CollectionFromSubscriptionFeeFromInvestors		usd
	mtmt	Collection Of Usdc From Provision Of Staking Technology Tools CollectionOfUSDCFromProvisionOfStakingTechnologyTools		usd
	mtmt	Collection From Other Services CollectionFromOtherServices		usd
	mtmt	Collection Of Crypto Currency From Exchange CollectionOfCryptoCurrencyFromExchange		usd
CY2024Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures		usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents		usd
CY2024Q2	mtmt	Stable Coins Current StableCoinsCurrent		usd
CY2024Q2	mtmt	Stable Coins Current StableCoinsCurrent		usd
CY2023Q4	mtmt	Impairment Against Investment In Marsland ImpairmentAgainstInvestmentInMarsland		usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross		usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization		usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill		usd
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Central Index Key EntityCentralIndexKey	0001036848

Files In Submission

Name	View Source	Status
mtmt-20240630_cal.xml	Edgar Link	unprocessable
0001213900-24-069035-index-headers.html	Edgar Link	pending
0001213900-24-069035-index.html	Edgar Link	pending
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0001213900-24-069035-xbrl.zip	Edgar Link	pending
ea0210177-10q_megamat.htm	Edgar Link	pending
ea021017701ex31-1_megamat.htm	Edgar Link	pending
ea021017701ex31-2_megamat.htm	Edgar Link	pending
ea021017701ex32-1_megamat.htm	Edgar Link	pending
ea021017701ex32-2_megamat.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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Mega Matrix Corp.

2024 Q3 Form 10-Q Financial Statement

#000121390024069035 Filed on August 14, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission