Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 247

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part II, Item 8
Chunk 247
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, respectively.

    For the three months Ended  

    September 30,  

    2025  
    2024  
    $ Change  
    % Change 

    Revenue 
    $137,769  
    $200,653  
     (62,884) 
     -31%
  
    Cost of revenue 
     204,868  
     86,315  
     118,553  
     137%
  
    Gross profit 
     (67,189) 
     114,338  
     (181,527) 
     -159%

    Operating expenses: 

    Personnel costs 
     360,135  
     679,346  
     (319,211) 
     -47%
  
    Professional fees 
     1,613,268  
     1,205,900  
     407,368  
     34%
  
    General and administrative 
     1,498,490  
     681,345  
     817,145  
     120%
  
    Depreciation and amortization 
     1,180,132  
     1,207,913  
     (27,787) 
     -2%
  
    Total operating expenses 
     4,652,025  
     3,774,504  
     877,521  
     23%
  
    Loss from operations 
     (4,719,214) 
    $(3,660,166) 
     (1,059,048) 
     29%

    Other expenses 

    Interest expense 
     67,845  
     126,753  
     (58,908) 
     -46%
  
    Other (income) expense 
     (19,343) 
     (20,431) 
     (1,088) 
     -5%
  
    Loss on impairment of intangibles & goodwill 
     -  
     4,298,002  
     (4,298,002) 
     -100%
  
    Total other expenses, net 
     48,502  
     4,404,324  
     (4,355,822) 
     -99%

    Net loss before income tax