SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT REPORTING INFORMATION

Segment information available with respect to these reportable business segments was as follows:

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2022			2021			2022			2021
Revenues:
Gaming	$	1,042,852		$	2,042,322		$	5,943,178		$	6,731,462
Esports		180,290			96,144			610,740			120,063
Total Revenues	$	1,223,142		$	2,138,466		$	6,553,918		$	6,851,525
Cost of revenues:
Gaming	$	540,519		$	848,705		$	2,765,263		$	2,466,572
Esports		62,337			100,434			707,556			170,678
Total Cost of Revenues	$	602,856		$	949,139		$	3,472,819		$	2,637,250
Gross Profit (Loss)
Gaming	$	502,333		$	1,193,617		$	3,177,915		$	4,264,890
Esports		117,953			(4,290	)		(96,816	)		(50,615	)
Total Gross Profit	$	620,286		$	1,189,327		$	3,081,099		$	4,214,275
Loss From Operations
Gaming	$	(6,515,203	)	$	(6,035,516	)	$	(27,952,962	)	$	(26,945,662	)
Esports		(1,037,274	)		(351,981	)		(1,888,280	)		(792,308	)
Total Loss From Operations	$	(7,552,477	)	$	(6,387,497	)	$	(29,841,242	)	$	(27,737,970	)
Depreciation and Amortization
Gaming	$	84,326		$	79,394		$	301,465		$	176,617
Esports		8,377			2,480			25,034			2,480
Total Depreciation and Amortization	$	92,703		$	81,874		$	326,499		$	179,097
Interest Expense, net:
Gaming	$	(244,953	)	$	(160,310	)	$	(638,211	)	$	(311,748	)
Esports		-			-			-			-
Total Interest Expense, net	$	(244,953	)	$	(160,310	)	$	(638,211	)	$	(311,748	)
Gain Attributable to Equity Method Investment:
Gaming	$	-		$	-		$	-		$	1,370,837
Esports		-			-			-			-
Total Gain Attributable to Equity Method Investment	$	-		$	-		$	-		$	1,370,837
Other (Expense) Income, Net:
Gaming	$	(729,158	)	$	(110,192	)	$	(1,496,763	)	$	(27,913	)
Esports		(10,127	)		(630	)		(15,215	)		1,798
Total Other (Expense) Income, net	$	(739,285	)	$	(110,822	)	$	(1,511,978	)	$	(26,115	)
Net Loss:
Gaming	$	(7,489,314	)	$	(6,306,018	)	$	(30,087,936	)	$	(25,914,486	)
Esports		(1,047,401	)		(352,611	)		(1,903,495	)		(790,510	)
Total Net Loss	$	(8,536,715	)	$	(6,658,629	)	$	(31,991,431	)	$	(26,704,996	)

	September 30, 2022		December 31, 2021
Total assets:
Gaming	$	18,461,380	$	47,511,471
Esports		2,293,972		3,191,732
Total assets	$	20,755,352	$	50,703,203