2024 Q1 Form 10-K Financial Statement

#000149315224012028 Filed on March 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $975.9K $4.953M $4.953M
YoY Change -20.83% 41.91%
Cost Of Revenue $688.7K $3.420M $3.420M
YoY Change -18.27% 57.33%
Gross Profit $287.2K $1.533M $1.533M
YoY Change -26.37% 16.45%
Gross Profit Margin 29.43% 30.95% 30.95%
Selling, General & Admin $1.972M $7.961M $7.961M
YoY Change -3.58% -26.78%
% of Gross Profit 686.63% 519.43% 519.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.202K -$493.1K $10.29K
YoY Change -24.1% -1.81%
% of Gross Profit 0.77% -32.17% 0.67%
Operating Expenses $1.972M $7.961M $10.43M
YoY Change -3.58% -33.16%
Operating Profit -$1.685M -$6.428M -$8.893M
YoY Change 1.79% -37.74%
Interest Expense $324.2K -$2.327M $1.150M
YoY Change 44.81% 953.76%
% of Operating Profit
Other Income/Expense, Net -$70.27K -$12.61K -$2.340M
YoY Change -85.15% -1442.82%
Pretax Income -$1.755M -$11.23M -$11.23M
YoY Change -17.54% -20.38%
Income Tax $5.674K $15.71K $15.71K
% Of Pretax Income
Net Earnings $12.35M -$14.24M -$14.24M
YoY Change -537.37% -6.5%
Net Earnings / Revenue 1265.48% -287.58% -287.58%
Basic Earnings Per Share $3.96 -$5.17
Diluted Earnings Per Share $3.36 -$5.15 -$5.17
COMMON SHARES
Basic Shares Outstanding 3.287M shares 2.761M shares
Diluted Shares Outstanding 3.582M shares 2.761M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.487M $2.487M
YoY Change -93.67%
Cash & Equivalents $4.014M $2.487M $2.487M
Short-Term Investments
Other Short-Term Assets $0.00 $68.19M
YoY Change 403.61%
Inventory
Prepaid Expenses
Receivables $364.0K $415.1K $427.1K
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.372M $71.10M $71.10M
YoY Change -89.02% 31.89% 31.89%
LONG-TERM ASSETS
Property, Plant & Equipment $8.309K $8.792K $8.790K
YoY Change -96.8% -59.82% -96.97%
Goodwill
YoY Change
Intangibles $16.88K $168.1K
YoY Change -79.95%
Long-Term Investments
YoY Change
Other Assets $0.00 $0.00
YoY Change
Total Long-Term Assets $25.19K $176.9K $176.9K
YoY Change -99.77% -98.41% -98.41%
TOTAL ASSETS
Total Short-Term Assets $5.372M $71.10M $71.10M
Total Long-Term Assets $25.19K $176.9K $176.9K
Total Assets $5.397M $71.28M $71.28M
YoY Change -91.01% 9.59% 9.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $834.1K $1.464M
YoY Change 21.03% -31.28%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $6.346M $6.346M
YoY Change 54.03%
Long-Term Debt Due $645.6K $5.041M
YoY Change 394.25%
Total Short-Term Liabilities $2.544M $79.25M $79.25M
YoY Change -95.43% 34.52% 34.52%
LONG-TERM LIABILITIES
Long-Term Debt $1.425M $1.425M
YoY Change -30.94% -51.37%
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0%
Total Long-Term Liabilities $0.00 $1.425M $1.425M
YoY Change -100.0% -30.94% -54.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.544M $79.25M $79.25M
Total Long-Term Liabilities $0.00 $1.425M $1.425M
Total Liabilities $2.544M $80.68M $80.68M
YoY Change -95.66% 30.01% 30.0%
SHAREHOLDERS EQUITY
Retained Earnings -$75.56M -$87.86M
YoY Change 19.43%
Common Stock $1.145M $1.145M
YoY Change 112.98%
Preferred Stock $3.934K
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.852M $2.500M -$9.400M
YoY Change
Total Liabilities & Shareholders Equity $5.397M $71.28M $71.28M
YoY Change -91.01% 9.59% 9.58%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $12.35M -$14.24M -$14.24M
YoY Change -537.37% -6.5%
Depreciation, Depletion And Amortization $2.202K -$493.1K $10.29K
YoY Change -24.1% -1.81%
Cash From Operating Activities -$19.29M -$5.630M $582.9K
YoY Change 28.91% -109.82%
INVESTING ACTIVITIES
Capital Expenditures $1.719K -$558.2K $12.15K
YoY Change -6.22% -6.91%
Acquisitions
YoY Change
Other Investing Activities -$746.0K -$746.0K
YoY Change -101.54%
Cash From Investing Activities -$18.71M -$187.7K -$1.032M
YoY Change 7659.21% -102.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$18.24M 1.922M $9.785M
YoY Change -530.1% 265.74%
NET CHANGE
Cash From Operating Activities -$19.29M -5.630M $582.9K
Cash From Investing Activities -$18.71M -187.7K -$1.032M
Cash From Financing Activities -$18.24M 1.922M $9.785M
Net Change In Cash -$56.25M -3.896M $9.336M
YoY Change 412.89% -79.27%
FREE CASH FLOW
Cash From Operating Activities -$19.29M -$5.630M $582.9K
Capital Expenditures $1.719K -$558.2K $12.15K
Free Cash Flow -$19.30M -$5.072M $570.7K
YoY Change 28.91% -109.59%

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NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-2994584 usd
CY2023 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-2994584 usd
CY2022 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1137732 usd
CY2022 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
-1137732 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14293676 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-14293676 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-15242240 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-15242240 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2760970 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2760970 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2487960 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2487960 shares
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-4.09
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.09
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-5.67
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-5.67
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.08
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.08
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.46
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.46
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.17
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.17
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.13
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.13
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
14191456 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-15233378 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2486152 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2994584 usd
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
-14243182 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-15233378 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
107414 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
912248 usd
CY2023 SBET Change In Fair Value Of Convertible Debenture
ChangeInFairValueOfConvertibleDebenture
1230234 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
459148 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
10714 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8073 usd
CY2023 SBET Accrued Interest On Convertible Debenture
AccruedInterestOnConvertibleDebenture
299648 usd
CY2023 SBET Amortization Of Prepaid Stock
AmortizationOfPrepaidStock
129000 usd
CY2022 SBET Amortization Of Prepaid Stock
AmortizationOfPrepaidStock
43000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6206 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
81323 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
261373 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1940691 usd
CY2023 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-12607 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2594 usd
CY2023 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
2464732 usd
CY2022 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
4726000 usd
CY2022 SBET Writeoff Of Amounts Related To Acquisition
WriteoffOfAmountsRelatedToAcquisition
-303523 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-25754 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-68320 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
6390 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
253844 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1344158 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
37819 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-76600 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-7910996 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-8047277 usd
CY2023 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
8493883 usd
CY2022 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
2109891 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
582887 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5937386 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12147 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13048 usd
CY2023 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
273999 usd
CY2022 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
22747 usd
CY2022 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
4493 usd
CY2022 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
388000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-286146 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-419302 usd
CY2023 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-745951 usd
CY2022 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
48721370 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1032097 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
48302068 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4000000 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
419048 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6350000 usd
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
3250000 usd
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
620173 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
549225 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7500 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
25432 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9303279 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2675343 usd
CY2023 us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
481575 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9784854 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2675343 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9335644 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
45040025 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
51105486 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6065461 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
60441130 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
51105486 usd
CY2023 SBET Net Cash Provided By Used In Discontinued Operation
NetCashProvidedByUsedInDiscontinuedOperation
-57953649 usd
CY2022 SBET Net Cash Provided By Used In Discontinued Operation
NetCashProvidedByUsedInDiscontinuedOperation
-49724142 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2487481 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1381344 usd
CY2023Q4 us-gaap Cash
Cash
2487481 usd
CY2022Q4 us-gaap Cash
Cash
1381344 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2487481 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1381344 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
485531 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
109165 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
86320 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19916 usd
CY2022 SBET Issuance Of Ordinary Shares In Sportshub Gaming Network Merger
IssuanceOfOrdinarySharesInSportshubGamingNetworkMerger
1370287 usd
CY2022 SBET Issuance Of Ordinary Shares For Advisory Services
IssuanceOfOrdinarySharesForAdvisoryServices
172000 usd
CY2023 SBET Shares Issued For Services Provided
SharesIssuedForServicesProvided
48300 usd
CY2023 SBET Deemed Dividends
DeemedDividends
48633 usd
CY2023 SBET Discount On Convertible Debenture And Purchase Warrant
DiscountOnConvertibleDebentureAndPurchaseWarrant
1574229 usd
CY2023 SBET Shares Issued For Cashless Exercised Warrants
SharesIssuedForCashlessExercisedWarrants
24296 usd
CY2023 SBET Shares Issued Previously Reserved For Future Issuance
SharesIssuedPreviouslyReservedForFutureIssuance
4743 usd
CY2023 SBET Dividends On Preferred Stock
DividendsOnPreferredStock
1861 usd
CY2022 SBET Dividends On Preferred Stock
DividendsOnPreferredStock
8862 usd
CY2022 SBET Dividend Due To Forgiveness Of Intercompany Loan
DividendDueToForgivenessOfIntercompanyLoan
2039000 usd
CY2023 SBET Extension Of Maturity Of Operating Lease Liability
ExtensionOfMaturityOfOperatingLeaseLiability
77742 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
48859270 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
186712 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
1916932 usd
CY2022Q4 SBET Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Operating Rightofuse Asset
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOperatingRightofuseAsset
95793 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEquipment
11953 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
7358703 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
284345 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesOther
42600997 usd
CY2022Q4 SBET Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Prize Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPrizeLiability
5056120 usd
CY2022Q4 SBET Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Long Term Deb
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesLongTermDeb
5387851 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt
106703 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Deferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDeferredRevenue
3574285 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxLiabilities
48775 usd
CY2022Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
1370287 usd
CY2023Q4 SBET Common Stock Par Or Stated Value Per Share One
CommonStockParOrStatedValuePerShareOne
0.0001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.20
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
572770 usd
CY2023Q4 SBET Common Stock Par Or Stated Value Per Share One
CommonStockParOrStatedValuePerShareOne
0.0001
CY2023Q4 SBET Common Stock Value One
CommonStockValueOne
286 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q4 SBET Adjustments Preferred Stock Value
AdjustmentsPreferredStockValue
2 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
572484 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
3936 usd
CY2023Q4 us-gaap Additional Paid In Capital Preferred Stock
AdditionalPaidInCapitalPreferredStock
3934 usd
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_841_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zGTiDAa8keY9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86B_zFdnOex8nnX1">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain amounts in prior periods have been reclassified to reflect the impact of the discontinued operations treatment in order to conform to the current period presentation. <i>See Note 3.</i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q2 us-gaap Share Price
SharePrice
0.60
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26881244 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26881244 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2688541 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2688541 shares
CY2023Q2 us-gaap Share Price
SharePrice
0.06
CY2023Q2 us-gaap Share Price
SharePrice
0.02
CY2023Q2 us-gaap Share Price
SharePrice
0.60
CY2023Q2 us-gaap Share Price
SharePrice
0.20
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_z6XZY886uQP3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86A_zhSl8gvn03bb">Concentrations of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Cash and restricted cash are deposited with major banks in the United States and Israel. Such deposits in the United States may be in excess of insured limits and are not insured in other jurisdictions. Generally, the FDIC limit per bank is $<span id="xdx_90E_eus-gaap--CashFDICInsuredAmount_iI_c20231231_z6Qvlv5oenbh" title="FDIC insured limit">250,000</span>. Any loss incurred or a lack of access to such funds above the FDIC limit could have a significant adverse impact on the Company’s financial condition, results of operations and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_898_eus-gaap--ScheduleOfRestrictedCashAndCashEquivalentsTextBlock_zoAQOzi0RmD" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following represents the cash on hand at December 31, 2023 by banking institution and does not include any reduction for the FDIC insured limit of $<span id="xdx_908_eus-gaap--CashFDICInsuredAmount_iI_c20231231_zn68nXkV4q08" title="FDIC insured limit">250,000</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8BB_zPu891rKR7T1" style="display: none">Schedule of Cash and Restricted Cash</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 75%; margin-right: auto"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; font-weight: bold">Bank</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td> <td colspan="2" id="xdx_493_20231231_zW1DV33uRQqa" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr id="xdx_40E_eus-gaap--RestrictedCashAndCashEquivalents_iI_hus-gaap--RestrictedCashAndCashEquivalentsCashAndCashEquivalentsAxis__custom--PlatinumBankMember_zk6DxjVDABe1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left">Platinum Bank</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 20%; text-align: right">145,436</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RestrictedCashAndCashEquivalents_iI_hus-gaap--RestrictedCashAndCashEquivalentsCashAndCashEquivalentsAxis__custom--DeerwoodBankMember_zzMIQi3QSGi2" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Deerwood Bank</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2,040,937</td><td style="text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--RestrictedCashAndCashEquivalents_iI_hus-gaap--RestrictedCashAndCashEquivalentsCashAndCashEquivalentsAxis__custom--FirstCitizensMember_zlpvPpiji2R4" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">First Citizens</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">222,639</td><td style="text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RestrictedCashAndCashEquivalents_iI_hus-gaap--RestrictedCashAndCashEquivalentsCashAndCashEquivalentsAxis__custom--OtherMember_z6P7FFkST2w2" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 1.5pt">Other</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">78,469</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 2.5pt">Total</td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_988_eus-gaap--RestrictedCashAndCashEquivalents_iI_c20231231_zGB1S0UtVrpa" style="border-bottom: Black 2.5pt double; text-align: right" title="Restricted cash and cash equivalents total">2,487,481</td><td style="padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> <p id="xdx_8A7_zd6pS70cclxd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company performs ongoing credit evaluations of its customers. In certain circumstances, the Company may require letters of credit, other collateral or additional guarantees.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2487481 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2021 us-gaap Investment Income Net
InvestmentIncomeNet
200000 usd
CY2021Q4 us-gaap Investment Owned Balance Shares
InvestmentOwnedBalanceShares
280903 shares
CY2023 us-gaap Depreciation
Depreciation
10289 usd
CY2022 us-gaap Depreciation
Depreciation
10479 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
24759 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18441 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.072 pure
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P5Y
CY2023Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
273999 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
23048 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
-3211000 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1615167 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1515000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
834060 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
689159 usd
CY2023Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
63359 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
115739 usd
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
305747 usd
CY2022Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
208964 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
48875 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
211658 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
452519 usd
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1463699 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1466381 usd
CY2023 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-2994584 usd
CY2023 SBET Monthly Salary Percentage
MonthlySalaryPercentage
0.0833 pure
CY2023Q4 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
0 usd
CY2022Q4 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
342000 usd
CY2023Q4 us-gaap Deposits
Deposits
0 usd
CY2022Q4 us-gaap Deposits
Deposits
279000 usd
CY2022 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
-1137732 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14293676 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-15242240 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2760970 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2760970 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2487960 shares
CY2023 SBET Marketing And Advertising Expense Continuing Operations
MarketingAndAdvertisingExpenseContinuingOperations
675496 usd
CY2023 SBET Marketing And Advertising Expense Discontinued Operations
MarketingAndAdvertisingExpenseDiscontinuedOperations
176224 usd
CY2022 SBET Marketing And Advertising Expense Continuing Operations
MarketingAndAdvertisingExpenseContinuingOperations
514087 usd
CY2022 SBET Marketing And Advertising Expense Discontinued Operations
MarketingAndAdvertisingExpenseDiscontinuedOperations
13093 usd
CY2023Q4 us-gaap Shares Held In Employee Stock Option Plan Allocated
SharesHeldInEmployeeStockOptionPlanAllocated
414819 shares
CY2022Q4 us-gaap Shares Held In Employee Stock Option Plan Allocated
SharesHeldInEmployeeStockOptionPlanAllocated
288914 shares
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-11248598 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-14095646 usd
CY2023 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-11299092 usd
CY2022 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-14104508 usd
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2487960 shares
CY2023 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-4.09
CY2023 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-4.09
CY2022 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-5.67
CY2022 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-5.67
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-1.08
CY2023 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-1.08
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.46
CY2022 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.46
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-5.17
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-5.17
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.13
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.13
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_840_eus-gaap--UseOfEstimates_zIauTDPUXF5e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_864_zoHgOOvLgdb3">Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Our most critical estimates include those related to the use of the acquisition method of accounting for business combinations, intangibles and long-lived asset impairments, goodwill and impairment, convertible debenture fair value, stock based compensation, discontinued operations and revenue recognition. On an ongoing basis, we evaluate our estimates and assumptions. We base our estimates on historical experience and on various other factors that we believe are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-11248598 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-14095646 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
582887 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5937386 usd
CY2023 us-gaap Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
22500000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
14836625 usd
CY2023 SBET Convertible Debenture Percentage
ConvertibleDebenturePercentage
1.10 pure
CY2023Q4 SBET Financing Receivables Accrued Interest After Allowance For Credit Loss
FinancingReceivablesAccruedInterestAfterAllowanceForCreditLoss
4484230 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1166824 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
998712 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
168112 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1740050 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
901587 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
838463 usd
CY2023Q4 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
849565 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
97125 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
901587 usd
CY2021Q4 us-gaap Goodwill
Goodwill
3130167 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1515000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
1615167 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1615167 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
1615167 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10122 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
645571 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1424908 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
645571 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
672471 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
700256 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
62303 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2080601 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
400000 usd
CY2023Q4 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
1230234 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
116667 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
1174229 usd
CY2023 SBET Amortization Of Debt Discount
AmortizationOfDebtDiscount
342482 usd
CY2023 SBET Incremental Share Adjustments To Accumulated Deficit And Additional Paid In Capital
IncrementalShareAdjustmentsToAccumulatedDeficitAndAdditionalPaidInCapital
16486 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
266667 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
45.00
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
880000 shares
CY2023Q2 SBET Class Of Warrant Or Right Issued
ClassOfWarrantOrRightIssued
266667 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
400359 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
0.82
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y9M29D
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Previously Issued Regular Warrants
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionPreviouslyIssuedRegularWarrants
-266667 shares
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Previously Issued Regular Warrants
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAveragePreviouslyIssuedRegularWarrants
-45.00
CY2023 us-gaap Debt Instrument Convertible If Converted Value In Excess Of Principal
DebtInstrumentConvertibleIfConvertedValueInExcessOfPrincipal
4400000 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
419048 usd
CY2023Q4 SBET Warrant Discount
WarrantDiscount
831746 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
283335 usd
CY2023 SBET Accrued Interest On Convertible Debenture
AccruedInterestOnConvertibleDebenture
299648 usd
CY2023 SBET Gain Loss In Fair Value Of Convertible Debenture
GainLossInFairValueOfConvertibleDebenture
-1230234 usd
CY2023Q4 us-gaap Convertible Debt
ConvertibleDebt
4395753 usd
CY2023 SBET Schedule Of Significant Unobservable Inputs And The Related Expenses And Losses
ScheduleOfSignificantUnobservableInputsAndTheRelatedExpensesAndLosses
<p id="xdx_89E_ecustom--ScheduleOfSignificantUnobservableInputsAndTheRelatedExpensesAndLosses_z1d3d26tLtdf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span><span id="xdx_8B0_zCJmYIM9zs06" style="display: none">Schedule of Significant Unobservable Inputs (level 3) and Related Expenses and Losses</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_490_20230101__20231231_zgrJbycoXYUd" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--ConvertibleDebtCurrent_iS_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z6lGvs2iUv77" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td>Fair Value, December 31, 2022</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl1499">-</span></td><td style="text-align: left"> </td></tr> <tr id="xdx_40D_eus-gaap--ProceedsFromIssuanceOfDebt_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z7AHb2Kan407" style="vertical-align: bottom; background-color: White"> <td style="width: 80%; text-align: left">Issuance of convertible debenture</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">2,825,771</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_405_ecustom--AccretionForDiscountForWarrants_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_znc4QtjbbfQf" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Accretion for discount for warrants</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">342,481</td><td style="text-align: left"> </td></tr> <tr id="xdx_406_ecustom--AccretionForOriginalIssuanceDiscount_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zTZ7LiNdD0sd" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Accretion for discount for OID</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">116,667</td><td style="text-align: left"> </td></tr> <tr id="xdx_40B_eus-gaap--InterestExpenseDebt_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zWCioW40R1vi" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Interest expense</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">299,648</td><td style="text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--RepaymentsOfConvertibleDebt_iN_di_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zTIbsgQfq0J4" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Principle payments</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(419,048</td><td style="text-align: left">)</td></tr> <tr id="xdx_40E_ecustom--LossOnChangeInFairValue_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zhc7W70ppxNc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt">Change in fair value</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">1,230,234</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_40F_eus-gaap--ConvertibleDebtCurrent_iE_hus-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_zwE228MhcwH1" style="vertical-align: bottom; background-color: White"> <td style="padding-bottom: 2.5pt">Fair Value, December 31, 2023</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">4,395,753</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table>
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.500 pure
CY2023Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P2Y10M24D
CY2023 us-gaap Adjustments To Additional Paid In Capital Mark To Market
AdjustmentsToAdditionalPaidInCapitalMarkToMarket
48633 usd
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Options Acquired In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAcquiredInPeriod
14552 shares
CY2023 SBET Share Based Compensation Arrangements By Share Based Payment Award Options Acquired In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAcquiredInPeriodWeightedAverageExercisePrice
14.16
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate
2032-12-21
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
178357 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
49.60
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
830250 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
249650 shares
CY2022 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Previously Issued Regular Warrants Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsPreviouslyIssuedRegularWarrantsWeightedAverageRemainingContractualTerms
P0Y5M4D
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Option Revalued Regular Warrants
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionRevaluedRegularWarrants
266667 shares
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Revalued Regular Warrants
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageRevaluedRegularWarrants
0.60
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Revalued Regular Warrants Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsRevaluedRegularWarrantsWeightedAverageRemainingContractualTerms
P0Y5M4D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
125359 shares
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Exercised Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageExercisedDateFairValue
0.10
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
883015 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
4.15
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Issued And Vested Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsIssuedAndVestedWeightedAverageRemainingContractualTerms
P3Y1M24D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1158015 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.43
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P3Y6M29D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
0 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
400359 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
400359 shares
CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
114000 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
36000 shares
CY2022 SBET Number Of Ordinary Shares With Respect To Which Options May Be Granted Thereunder To Any Eligible Employee Deemed
NumberOfOrdinarySharesWithRespectToWhichOptionsMayBeGrantedThereunderToAnyEligibleEmployeeDeemed
78000 shares
CY2022 SBET Number Of Ordinary Shares With Respect To Which Options May Be Granted Thereunder To Any Eligible Employee Deemed Dividend Expired
NumberOfOrdinarySharesWithRespectToWhichOptionsMayBeGrantedThereunderToAnyEligibleEmployeeDeemedDividendExpired
36000 shares
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1655506 usd
CY2023 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
634367 usd
CY2022 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2486152 usd
CY2023 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
372994 usd
CY2022 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
548459 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.535 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.166 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.511 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.537 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
288914 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.40
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7750 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
155755 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.46
CY2023 SBET Share Based Compensation Arrangement By Share Based Payment Award Options Acquired In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAcquiredInPeriod
14552 shares
CY2023 SBET Share Based Compensation Arrangements By Share Based Payment Award Options Acquired In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAcquiredInPeriodWeightedAverageExercisePrice
14.16
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
42989 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.99
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1413 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.84
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
414819 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.79
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y8M12D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
3750 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
660594 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.59
CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P6Y10M24D
CY2023Q4 SBET Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableOutstandingWeightedAverageRemainingContractualTerm2
3750 usd
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
10.00
CY2022 SBET Weighted Average Grant Date Fair Value Grant
WeightedAverageGrantDateFairValueGrant
5.20
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
100779 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
54.60
CY2022 SBET Weighted Average Grant Date Fair Value Forfeited
WeightedAverageGrantDateFairValueForfeited
25.60
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
38315 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
63.70
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
288914 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.40
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y3M18D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7750 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
86673 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.60
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P8Y8M12D
CY2022Q4 SBET Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableOutstandingWeightedAverageRemainingContractualTerm2
7750 usd
CY2022Q1 SBET Exchange Ratio
ExchangeRatio
1.3352 pure
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
630473 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1009269 usd
CY2023 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
166544 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4952725 usd
CY2023 us-gaap Cost Of Revenue
CostOfRevenue
3420062 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
-8893202 usd
CY2023 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-11248598 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3489948 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
2173835 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-14282838 usd
CY2022 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-14095646 usd
CY2023 us-gaap Revenues
Revenues
4952725 usd
CY2022 us-gaap Revenues
Revenues
3489948 usd
CY2023 us-gaap Revenues
Revenues
4952725 usd
CY2022 us-gaap Revenues
Revenues
3489948 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
415119 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
440873 usd
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
12000 usd
CY2022Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
12000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5786541 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3855779 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
30429 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
30429 usd
CY2023Q4 SBET Deferred Tax Assets Nonqualified Stock Options
DeferredTaxAssetsNonqualifiedStockOptions
76059 usd
CY2022Q4 SBET Deferred Tax Assets Nonqualified Stock Options
DeferredTaxAssetsNonqualifiedStockOptions
66209 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
1402 usd
CY2022Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
601 usd
CY2023Q4 SBET Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
590235 usd
CY2022Q4 SBET Deferred Tax Assets Goodwill
DeferredTaxAssetsGoodwill
269101 usd
CY2023Q4 SBET Deferred Tax Assets Capitializations
DeferredTaxAssetsCapitializations
70437 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
1043615 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
840034 usd
CY2023Q4 SBET Deferred Tax Assets Accrued Expenses And Other
DeferredTaxAssetsAccruedExpensesAndOther
103947 usd
CY2022Q4 SBET Deferred Tax Assets Accrued Expenses And Other
DeferredTaxAssetsAccruedExpensesAndOther
78560 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7702665 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
5140713 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7709820 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5146919 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7155 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6206 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
29000000 usd
CY2023 us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
Various ownership changes were considered in this analysis through December 31, 2023 and determined only one change resulted in a greater than 50% ownership change, on July 27, 2021. The amount of SharpLink, Inc.’s NOL carryforward subject to Section 382 limitations is $5.9 million. The resulting annual base limitation on the carryforwards utilization is $1.4M, this limitation does not include potential net unrealized built in gain or loss from IRC Section 382(h) and Notice 2003-65. The Company anticipates the amount of NOL carryforward available to offset the 2024 Q1 gain is $4.9 million, without regards to potential net unrealized built in gain or loss from IRC Section 382(h) and Notice 2003-65, that adjustment is anticipated to increase the available NOL.
CY2023 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
15708 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-12955 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15708 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-12955 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2358907 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2908680 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
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CY2022 SBET Effective Income Tax Rate Meals And Entertainment Nondeductible Expenses And Taxexempt Income
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CY2023 SBET Income Tax Reconciliation Income Tax Effects Allocated Directly To Equity Employee Stock Options Expense
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69214 usd
CY2023 SBET Effective Income Tax Rate Incentive Stock Option Expense
EffectiveIncomeTaxRateIncentiveStockOptionExpense
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CY2022 SBET Income Tax Reconciliation Income Tax Effects Allocated Directly To Equity Employee Stock Options Expense
IncomeTaxReconciliationIncomeTaxEffectsAllocatedDirectlyToEquityEmployeeStockOptionsExpense
52306 usd
CY2022 SBET Effective Income Tax Rate Incentive Stock Option Expense
EffectiveIncomeTaxRateIncentiveStockOptionExpense
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CY2023 SBET Effective Income Tax Rate Nondeductible Goodwill Impairment
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CY2022 SBET Effective Income Tax Rate Nondeductible Goodwill Impairment
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CY2023 SBET Income Tax Reconciliation Nondeductible Debt Expenses
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417696 usd
CY2023 SBET Effective Income Tax Rate Nondeductible Debt Expenses
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CY2022 SBET Effective Income Tax Rate Nondeductible Debt Expenses
EffectiveIncomeTaxRateNondeductibleDebtExpenses
0.000 pure
CY2023 SBET Income Tax Reconciliation Estimate Of Cancellations
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6690 usd
CY2023 SBET Effective Income Tax Rate Reconciliation Nqo Cancelations
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CY2022 SBET Income Tax Reconciliation Estimate Of Cancellations
IncomeTaxReconciliationEstimateOfCancellations
499435 usd
CY2022 SBET Effective Income Tax Rate Reconciliation Nqo Cancelations
EffectiveIncomeTaxRateReconciliationNQOCancelations
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CY2023 SBET Income Tax Reconciliation Financial Statements True Up
IncomeTaxReconciliationFinancialStatementsTrueUp
2866 usd
CY2023 SBET Effective Income Tax Rate Financial Statements True Up
EffectiveIncomeTaxRateFinancialStatementsTrueUp
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CY2022 SBET Effective Income Tax Rate Financial Statements True Up
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0.000 pure
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
43145 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.000 pure
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1954578 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
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CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-12955 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000 pure
CY2022Q4 us-gaap Stockholders Equity Other Shares
StockholdersEquityOtherShares
889380 shares
CY2022Q4 us-gaap Debt Securities Held To Maturity Purchase
DebtSecuritiesHeldToMaturityPurchase
5387850 usd
CY2022Q4 us-gaap Share Price
SharePrice
2.90
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1267199 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
4120651 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2500000 usd
CY2023Q4 us-gaap Share Price
SharePrice
0.60
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3130401 shares

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