XML 89 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities      
Net loss attributable to Lottery.com Inc. $ (28,221,605) $ (25,563,699)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Net income (loss) attributable to noncontrolling interest 170,045 279,747  
Depreciation and amortization 5,020,647 4,891,522  
Stock based compensation expense 1,640,274 2,093,199  
Stock issued in lieu of cash payments 9,352,892  
Stock issued for commit fee, stock purchase agreement 469,602  
Warrants issued to retire debt 70,671  
Loss on impairment of goodwill and intangibles 4,298,002 7,510,000 $ 412,450
Changes in assets & liabilities:      
Accounts receivable (438,543) 153,062  
Prepaid expenses 4,570,826 389,164  
Notes Receivable (250,000)  
Other current assets 26,671 (189,082)  
Other long term assets 125,000  
Trade payables (191,780) 441,898  
Deferred revenue (107,143) (107,143)  
Accrued interest 359,989 374,703  
Accrued and other expenses 461,604 6,982,476  
Other liabilities 543,508 542,083  
Liability for acquisition of subsidiary 704,560  
Other long-term liabilities  
Prior period adjustments to Accumulated Deficit   (32,151)  
Net cash used by operating activities (1,519,779) (2,109,221)  
Cash flow from investing activities      
Purchases of property and equipment  
Investment in goodwill and intangibles (1,549,184)  
Net cash used in investing activities (1,549,184)  
Cash flow from financing activities      
Proceeds (Payments) from loans from execs 375,666  
Proceeds (Payments) from convertible notes payable 2,510,053 2,270,993  
Net cash provided by financing activities 2,885,719 2,270,993  
Effect of exchange rate changes on cash (108,547) 95,289  
Net change in net cash and restricted cash (291,791) 257,061  
Cash and restricted cash at beginning of period 359,826 102,766  
Cash and restricted cash at end of period 68,035 359,826 $ 102,766
Supplemental Disclosure of Cash Flow Information:      
Interest paid in cash  
Taxes paid in cash