XML 84 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash $ 68,035 $ 359,826
Restricted cash
Accounts receivable 494,129 55,586
Prepaid expenses 14,449,333 19,020,159
Other current assets 880,961 907,632
Total current assets 15,892,458 20,343,203
Notes receivable 2,250,000 2,000,000
Investments 250,000 250,000
Goodwill 9,061,675 11,227,491
Intangible assets, net 12,569,165 17,681,874
Property and equipment, net 12,124 21,309
Other long-term assets 12,906,849 12,884,686
Total assets 52,942,271 64,408,563
Current liabilities:    
Trade payables 8,241,311 8,049,531
Deferred revenue 250,000 357,143
Notes payable - current 6,110,777 6,026,669
Accrued interest 1,218,864 858,875
Accrued and other expenses 12,161,311 11,359,616
Other liabilities 2,415,179 1,167,111
Total current liabilities 30,397,442 27,818,945
Long-term liabilities:    
Convertible debt, net - noncurrent
Other long-term liabilities
Total long-term liabilities  
Commitments and contingencies (Note 13)
Total liabilities 30,397,442 27,818,945
Equity Controlling Interest    
Preferred Stock, par value $0.001, 1,000,000 shares authorized, none issued and outstanding
Common stock, par value $0.001, 500,000,000 shares authorized, 18,326,855 and 2,877,045 issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 18,327 2,877
Additional paid-in capital 283,913,433 269,690,569
Accumulated other comprehensive loss 16,880 (91,667)
Accumulated deficit (263,468,728) (235,132,590)
Total Lottery.com Inc. stockholders’ equity 20,479,912 34,469,189
Noncontrolling interest 2,064,917 2,120,429
Total Equity 22,544,829 36,589,618
Total liabilities and stockholders’ equity $ 52,942,271 $ 64,408,563