XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenue $ 655,344 $ 1,885,171 $ 1,275,573 $ 5,515,863
Cost of revenue 95,683 1,577,239 130,830 3,961,981
Gross profit 559,661 307,932 1,144,743 1,553,882
Operating expenses:        
Personnel costs 1,306,007 9,512,356 2,563,441 33,915,222
Professional fees 1,112,310 1,219,509 1,852,238 4,357,459
General and administrative 964,502 3,904,421 1,301,830 6,939,962
Depreciation and amortization 1,392,158 1,297,394 2,797,638 2,671,319
Total operating expenses 4,774,977 15,933,680 8,515,147 47,883,962
Income (loss) from operations (4,215,316) (15,625,748) (7,370,404) (46,330,080)
Other expenses        
Interest (income) expense 41,142 71,045 41,165 75,026
Other (income) expense (399) (247,851) 58,472 3,941,293
Total other expenses (income), net 40,743 (176,806) 99,637 4,016,319
Net loss before income tax (4,256,059) (15,448,942) (7,470,041) (50,346,399)
Income tax expense (benefit)
Net loss (4,256,059) (15,448,942) (7,470,041) (50,346,399)
Other comprehensive loss        
Foreign currency translation adjustment, net (34,256) (10,001) (148,351) (11,065)
Comprehensive loss (4,290,315) (15,458,943) (7,618,392) (50,357,464)
Net income attributable to noncontrolling interest 72,227 102,520 139,867 250,777
Net loss attributable to Lottery.com Inc. $ (4,218,088) $ (15,356,423) $ (7,478,525) $ (50,107,387)
Net loss per common share        
Net loss per common share, basic $ (1.67) $ (6.09) $ (2.97) $ (19.90)
Net loss per common share, diluted $ (1.67) $ (6.09) $ (2.97) $ (19.90)
Weighted average common shares outstanding        
Weighted average common shares outstanding, basic 2,518,822 2,520,649 2,518,822 2,517,332
Weighted average common shares outstanding, diluted 2,518,822 2,520,649 2,518,822 2,517,332