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Condensed Consolidated Statements of Operations and Comprehensive Income/(Loss) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues, net $ 13,458,488 $ 28,054,591
Cost of revenues 9,816,397 14,889,017
Gross profit 3,642,091 13,165,574
Operating expenses:    
General and administrative (including stock-based compensation expense of $152,595 and $0, respectively) 5,570,291 5,620,010
Research and development 1,373,797 183,956
Advertising and marketing 104,549 158,670
Depreciation and amortization 115,060 168,317
Total operating expenses 7,163,697 6,130,953
Income (loss) from operations (3,521,606) 7,034,621
Other income (expense):    
Interest income 31,473 15,372
Interest income - related parties 493 450,928
Interest expense (294,583) (166,055)
Interest expense - related parties 0 (1,726)
Other income 8,175 2,684
Foreign currency transaction loss (2,367) (2,406)
Total other income, net (256,809) 298,797
Income (loss) before (benefit from) provision for income taxes (3,778,415) 7,333,418
(Benefit from) provision for income taxes (805,818) 1,529,651
Net income (loss) (2,972,597) 5,803,767
Net (loss) attributable to non-controlling interests (1,219) (7,290)
Net income (loss) attributable to Snail, Inc. and Snail Games USA Inc (2,971,378) 5,811,057
Comprehensive income statement:    
Other comprehensive income (loss) related to currency translation adjustments, net of tax 2,320 (51,203)
Total comprehensive income (loss) $ (2,969,058) $ 5,759,854
Income per share attributable to:    
Basic $ (0.08) $ 0.17
Diluted $ (0.08) $ 0.17
Class A common stock    
Net income (loss) attributable to:    
Basic $ (642,340) $ 5,811,057
Diluted $ (642,340) $ 5,811,057
Income per share attributable to:    
Basic $ (0.08) $ 0.17
Diluted $ (0.08) $ 0.17
Weighted-average shares used to compute income per share:    
Basic 7,928,742 35,000,000
Diluted 7,928,742 35,000,000
Class B common stock    
Net income (loss) attributable to:    
Basic $ (2,329,038)  
Diluted $ (2,329,038)  
Income per share attributable to:    
Basic $ (0.08) $ 0.17
Diluted $ (0.08) $ 0.17
Weighted-average shares used to compute income per share:    
Basic 28,748,580  
Diluted 28,748,580