v3.21.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 21,524,648 $ 18,945,817
Accounts receivable 249,828 162,141
Gaming accounts receivable 1,240,595 1,455,710
Prepaid expenses 313,164 327,190
Related party receivable 1,457 1,519
Other current assets 272,814 301,289
Total Current Assets 23,602,506 21,193,666
Non - Current Assets    
Restricted cash 1,398,750 1,098,952
Property, plant and equipment 503,908 489,591
Right of use assets 599,252 687,568
Intangible assets 10,081,185 10,257,582
Goodwill 1,662,976 1,663,120
Marketable securities 662,500 467,500
Total Non - Current Assets 14,908,571 14,664,313
Total Assets 38,511,077 35,857,979
Current Liabilities    
Bank overdraft 4,769 3,902
Line of credit - bank 500,000
Accounts payable and accrued liabilities 4,859,430 7,961,146
Gaming accounts payable 3,542,732 3,084,768
Taxes payable 1,306,447 946,858
Advances from stockholders 558 565
Deferred purchase consideration, net of discount of $0 and $7,761 17,673
Deferred purchase consideration, Related Party, net of discount of $0 and $5,174 376,954
Debentures 34,547
Operating lease liability 172,734 238,899
Financial lease liability 6,764 10,511
Bank loan payable – current portion 142,083 138,212
Total Current Liabilities 10,035,517 13,314,035
Non-Current Liabilities    
Deferred tax liability 1,199,153 1,222,513
Operating lease liability 400,027 416,861
Financial lease liability 16,568 17,265
Bank loan payable 66,885
Other long-term liabilities 641,276 664,067
Total Non – Current Liabilities 2,257,024 2,387,591
Total Liabilities 12,292,541 15,701,626
Stockholders' Equity    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized, none issued
Common stock, $0.0001 par value, 80,000,000 shares authorized; 22,011,109 and 20,029,834 shares issued and outstanding as of March 31, 2021 and December 31, 2020 2,201 2,003
Additional paid-in capital 60,080,571 53,064,919
Accumulated other comprehensive income (76,140) 267,948
Accumulated deficit (33,788,096) (33,178,517)
Total Stockholders' Equity 26,218,536 20,156,353
Total Liabilities and Stockholders’ Equity $ 38,511,077 $ 35,857,979

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