v3.21.2
Conolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 19,150,990 $ 18,945,817
Accounts receivable 175,499 162,141
Gaming accounts receivable 1,200,422 1,455,710
Prepaid expenses 421,530 327,190
Related party receivable 1,472 1,519
Other current assets 226,659 301,289
Total Current Assets 21,176,572 21,193,666
Non - Current Assets    
Restricted cash 1,402,731 1,098,952
Property, plant and equipment 491,921 489,591
Right of use assets 543,540 687,568
Intangible assets 9,905,502 10,257,582
Goodwill 1,662,891 1,663,120
Marketable securities 375,000 467,500
Total Non - Current Assets 14,381,585 14,664,313
Total Assets 35,558,157 35,857,979
Current Liabilities    
Bank overdraft 4,816 3,902
Line of credit - bank 500,000
Accounts payable and accrued liabilities 5,273,090 7,961,146
Gaming accounts payable 3,128,009 3,084,768
Taxes payable 1,151,813 946,858
Related party payable 564 565
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
Convertible debentures 34,547
Operating lease liability 116,845 238,899
Financial lease liability 4,294 10,511
Bank loan payable – current portion 102,169 138,212
Total Current Liabilities 9,781,600 13,314,035
Non-Current Liabilities    
Deferred tax liability 1,175,793 1,222,513
Operating lease liability 404,020 416,861
Financial lease liability 16,733 17,265
Bank loan payable 66,885
Other long-term liabilities 344,420 664,067
Total Non – Current Liabilities 1,940,966 2,387,591
Total Liabilities 11,722,566 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; 22,016,109 and 20,029,834 shares issued and outstanding as of June 30, 2021 and December 31, 2020 2,202 2,003
Additional paid-in capital 60,384,232 53,064,919
Accumulated other comprehensive income 8,603 267,948
Accumulated deficit (36,559,446) (33,178,517)
Total Stockholders' Equity 23,835,591 20,156,353
Total Liabilities and Stockholders’ Equity $ 35,558,157 $ 35,857,979

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