2024 Q2 Form 10-Q Financial Statement
#000168316824003700 Filed on May 20, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $3.522M | $11.58M | |
YoY Change | -69.58% | -39.06% | |
Cost Of Revenue | $1.869M | $6.592M | |
YoY Change | -71.64% | -45.11% | |
Gross Profit | $1.653M | $4.988M | |
YoY Change | -66.86% | -28.67% | |
Gross Profit Margin | 46.93% | 43.07% | |
Selling, General & Admin | $3.413M | $5.711M | |
YoY Change | -40.23% | -61.73% | |
% of Gross Profit | 206.47% | 114.48% | |
Research & Development | $164.7K | $242.0K | |
YoY Change | -31.97% | -75.39% | |
% of Gross Profit | 9.96% | 4.85% | |
Depreciation & Amortization | $35.71K | $1.769M | |
YoY Change | -97.98% | -31.24% | |
% of Gross Profit | 2.16% | 35.45% | |
Operating Expenses | $3.578M | $5.953M | |
YoY Change | -39.89% | -62.94% | |
Operating Profit | -$1.925M | -$964.4K | |
YoY Change | 99.59% | -89.36% | |
Interest Expense | $1.705M | $2.688M | |
YoY Change | -36.58% | -196.97% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$3.121M | -$3.047M | |
YoY Change | 2.41% | 9.93% | |
Pretax Income | -$5.046M | -$4.012M | |
YoY Change | 25.77% | -66.12% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$5.046M | -$4.012M | |
YoY Change | 25.77% | -66.12% | |
Net Earnings / Revenue | -143.24% | -34.64% | |
Basic Earnings Per Share | -$0.34 | -$0.25 | |
Diluted Earnings Per Share | -$0.34 | -$0.25 | |
COMMON SHARES | |||
Basic Shares Outstanding | 14.98M shares | 14.98M shares | 17.28M shares |
Diluted Shares Outstanding | 14.98M shares | 21.99M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $633.0K | $3.469M | |
YoY Change | -81.75% | -50.81% | |
Cash & Equivalents | $633.0K | $3.469M | |
Short-Term Investments | |||
Other Short-Term Assets | $990.3K | $1.201M | |
YoY Change | -17.52% | -28.35% | |
Inventory | |||
Prepaid Expenses | |||
Receivables | $552.4K | $1.800M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $2.176M | $6.470M | |
YoY Change | -66.37% | -38.14% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $94.01K | $533.4K | |
YoY Change | -82.38% | -46.75% | |
Goodwill | $9.146M | $34.20M | |
YoY Change | -73.26% | ||
Intangibles | $3.130M | $27.26M | |
YoY Change | -88.52% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $12.37M | $62.00M | |
YoY Change | -80.05% | -16.63% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.176M | $6.470M | |
Total Long-Term Assets | $12.37M | $62.00M | |
Total Assets | $14.55M | $68.47M | |
YoY Change | -78.76% | -19.28% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $23.22M | $8.541M | |
YoY Change | 171.85% | 5.26% | |
Accrued Expenses | $79.72K | ||
YoY Change | -53.6% | ||
Deferred Revenue | $821.3K | $1.006M | |
YoY Change | -18.39% | ||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $46.10M | $20.26M | |
YoY Change | 127.49% | 962.65% | |
Total Short-Term Liabilities | $70.14M | $29.89M | |
YoY Change | 134.65% | 165.01% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $586.5K | $12.86M | |
YoY Change | -95.44% | -60.65% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $586.5K | $12.86M | |
YoY Change | -95.44% | -60.65% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $70.14M | $29.89M | |
Total Long-Term Liabilities | $586.5K | $12.86M | |
Total Liabilities | $70.73M | $42.75M | |
YoY Change | 65.43% | -2.76% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$160.0M | -$77.49M | |
YoY Change | 106.5% | ||
Common Stock | $14.98K | $25.14K | |
YoY Change | -40.42% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$56.18M | $25.72M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $14.55M | $68.47M | |
YoY Change | -78.76% | -19.28% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.046M | -$4.012M | |
YoY Change | 25.77% | -66.12% | |
Depreciation, Depletion And Amortization | $35.71K | $1.769M | |
YoY Change | -97.98% | -31.24% | |
Cash From Operating Activities | -$3.418M | -$5.426M | |
YoY Change | -37.01% | 18.04% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $3.010K | |
YoY Change | -100.0% | -100.59% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | $0.00 | -$3.010K | |
YoY Change | -100.0% | -97.28% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.100M | 2.922M | |
YoY Change | -28.13% | ||
NET CHANGE | |||
Cash From Operating Activities | -3.418M | -5.426M | |
Cash From Investing Activities | 0.000 | -3.010K | |
Cash From Financing Activities | 2.100M | 2.922M | |
Net Change In Cash | -1.318M | -2.507M | |
YoY Change | -47.42% | -46.74% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$3.418M | -$5.426M | |
Capital Expenditures | $0.00 | $3.010K | |
Free Cash Flow | -$3.418M | -$5.429M | |
YoY Change | -37.04% | 32.84% |
Facts In Submission
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|
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2024 | ||
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Q2 | ||
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2024-03-31 | ||
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DividendsPreferredStock
|
-0 | usd |
CY2023Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
1557576 | usd |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-0 | usd | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
3094545 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5045628 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5569251 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8865005 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-14663985 | usd | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1139216 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1329046 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
650438 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
7685156 | usd | |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1139216 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1329046 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
650438 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
7685156 | usd | |
CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3906412 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4240205 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8214567 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-6978829 | usd | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.34 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.34 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.60 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.60 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.59 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-22.54 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-22.54 | ||
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14979642 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14979642 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
732923 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
732923 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14979642 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14979642 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
650709 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
650709 | shares | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-48420068 | usd |
CY2023Q4 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
240828 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3819377 | usd |
CY2023Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-488778 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-52487395 | usd |
CY2024Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
214625 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5045628 | usd |
CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1139216 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-56179182 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21765576 | usd |
CY2022Q4 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
503105 | usd |
CY2022Q4 | EBET |
Stock Issued During Period For Conversion Of Debt Value
StockIssuedDuringPeriodForConversionOfDebtValue
|
300000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7557765 | usd |
CY2022Q4 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
6356110 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21367026 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5921982 | usd |
CY2023Q1 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
377695 | usd |
CY2023Q1 | EBET |
Stock Issued During Period For Conversion Of Debt Value
StockIssuedDuringPeriodForConversionOfDebtValue
|
732661 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4011675 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1329046 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
25716735 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8865005 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-11569440 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
26875 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
2554317 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
0 | usd | |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
77300 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
709437 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
3416330 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
455453 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
880800 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-0 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-142187 | usd | |
EBET |
Foreign Exchange Gainloss
ForeignExchangeGainloss
|
-1114197 | usd | |
EBET |
Foreign Exchange Gainloss
ForeignExchangeGainloss
|
-2588458 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-103985 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-34400 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-360424 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-784200 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
2128857 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-5695950 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-63251 | usd | |
EBET |
Increase Decrease In Liabilities To Users
IncreaseDecreaseInLiabilitiesToUsers
|
-136278 | usd | |
EBET |
Increase Decrease In Liabilities To Users
IncreaseDecreaseInLiabilitiesToUsers
|
-396672 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4102055 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7247321 | usd | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
-0 | usd | |
us-gaap |
Payments To Acquire Software
PaymentsToAcquireSoftware
|
11208 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-11208 | usd | |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
0 | usd | |
us-gaap |
Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
|
973965 | usd | |
us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
-0 | usd | |
us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
3000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
4000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
5921982 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3895947 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
430321 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1345448 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
328266 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2017134 | usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
304709 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5486210 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
632975 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3469076 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2017134 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
0 | shares | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1032661 | shares | |
EBET |
Preferred Shares Issued For Dividends
PreferredSharesIssuedForDividends
|
0 | usd | |
EBET |
Preferred Shares Issued For Dividends
PreferredSharesIssuedForDividends
|
3094545 | usd | |
EBET |
Increase In Borrowings From Interest Expense
IncreaseInBorrowingsFromInterestExpense
|
2628078 | usd | |
EBET |
Increase In Borrowings From Interest Expense
IncreaseInBorrowingsFromInterestExpense
|
0 | usd | |
CY2024Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
11.00 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_849_eus-gaap--UseOfEstimates_zb6Coq68qqL" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><span id="xdx_865_zAiOfBvl7E16">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the financial statements in conformity with generally accepted accounting principles in the United States of America (“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of expenses during the reporting periods. Making estimates requires management to exercise judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate could change in the near term due to one or more future confirming events. Accordingly, actual results could differ significantly from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q1 | EBET |
Excess Of Fdic Insurance Amount
ExcessOfFdicInsuranceAmount
|
311337 | usd |
CY2023Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
62681 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
0 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
39811727 | usd |
CY2024Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
617500 | usd |
CY2023Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
617500 | usd |
CY2024Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
62681 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
46097207 | usd |
CY2024Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
586472 | usd |
CY2024Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
46683679 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
39252130 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
559597 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
220366 | usd |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
one-for-thirty (1:30) reverse stock split | ||
CY2024Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
3549 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
666453 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
653076 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
572444 | usd |
CY2023Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
491863 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
94009 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
161213 | usd |
CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
35705 | usd |
CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
61283 | usd |
us-gaap |
Depreciation
Depreciation
|
71085 | usd | |
us-gaap |
Depreciation
Depreciation
|
85922 | usd | |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6893428 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6755723 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-3763477 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-3054114 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3129951 | usd |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3701609 | usd |
CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
324768 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1706960 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
638352 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3330408 | usd | |
CY2024Q1 | EBET |
Finite Lived Intangible Assets Amortization Expense Year One
FiniteLivedIntangibleAssetsAmortizationExpenseYearOne
|
1340598 | usd |
CY2024Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
423766 | shares |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
580943 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
423766 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
580943 | shares | |
CY2024Q1 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-5045628 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-4011675 | usd |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-8865005 | usd | |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-11569440 | usd | |
CY2024Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-0 | usd |
CY2023Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
1557576 | usd |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
-0 | usd | |
us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
3094545 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5045628 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-5569251 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-8865005 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-14663985 | usd | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14979642 | shares |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14979642 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
732923 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
732923 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14979642 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14979642 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
650709 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
650709 | shares | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.34 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.34 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.60 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.60 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.59 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-22.54 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-22.54 | ||
CY2024Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
16381 | usd |
CY2023Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
18988 | usd |
us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
36110 | usd | |
us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
41051 | usd | |
CY2024Q1 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q1 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q1 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |