SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

SCHEDULE OF SEGMENT REPORTING INFORMATION

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

	Three Months Ended September 30,						Nine Months Ended September 30,
	2024			2023			2024			2023
Revenues:
Gaming	$	1,802,946		$	1,693,871		$	6,713,635		$	4,872,184
Esports		-			-			-			290,172
Total Revenues	$	1,802,946		$	1,693,871		$	6,713,635		$	5,162,356
Cost of Revenues:
Gaming	$	716,723		$	831,479		$	2,154,997		$	2,571,627
Esports		-			-			-			374,755
Total Cost of Revenues	$	716,723		$	831,479		$	2,154,997		$	2,946,382
Gross Profit (Loss):
Gaming	$	1,086,223		$	862,392		$	4,558,638		$	2,300,557
Esports		-			-			-			(84,583	)
Total Gross Profit	$	1,086,223		$	862,392		$	4,558,638		$	2,215,974
Loss From Operations:
Gaming	$	(1,906,342	)	$	(2,575,449	)	$	(938,465	)	$	(16,240,025	)
Esports		(25,543	)		(89,346	)		(149,996	)		(449,466	)
Total Loss From Operations	$	(1,931,885	)	$	(2,664,795	)	$	(1,088,461	)	$	(16,689,491	)
Depreciation and Amortization:
Gaming	$	34,898		$	63,332		$	147,206		$	240,947
Esports		12,253			12,282			36,807			36,875
Total Depreciation and Amortization	$	47,151		$	75,614		$	184,013		$	277,822
Interest Expense, net:
Gaming	$	(29,852	)	$	(230,190	)	$	(89,900	)	$	(674,060	)
Esports		-			-			(580	)		-
Total Interest Expense, net	$	(29,852	)	$	(230,190	)	$	(90,480	)	$	(674,060	)
Other Income (Expense), net:
Gaming	$	1,410,125		$	(639,102	)	$	1,090,686		$	393,406
Esports		(21,413	)		(45	)		(80,685	)		(24,061	)
Total Other Income (Expense), net	$	1,388,712		$	(639,147	)	$	1,010,001		$	369,345
Net Loss:
Gaming	$	(547,483	)	$	(3,444,132	)	$	(18,311	)	$	(16,520,070	)
Esports		(25,542	)		(90,000	)		(150,629	)		(474,136	)
Total Net Loss	$	(573,025	)	$	(3,534,132	)	$	(168,940	)	$	(16,994,206	)

	September 30, 2024		December 31, 2023
Total Assets:
Gaming	$	5,344,746	$	7,892,388
Esports		1,628,622		1,866,316
Total Assets	$	6,973,368	$	9,758,704