Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 73

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 73
---

    2025  
    2024  
    $ Change  
    % Change 

    Revenue 
    $415,611  
    $516,317  
     (100,706) 
     -20%
  
    Cost of revenue 
     325,201  
     129,357  
     195,844  
     151%
  
    Gross profit 
     90,410  
     386,960  
     (296,550) 
     -77%

    Operating expenses: 

    Personnel costs 
     1,125,603  
     2,774,665  
     (1,649,062) 
     -59%
  
    Professional fees 
     2,429,077  
     3,564,038  
     (1,134,961) 
     -32%
  
    General and administrative 
     1,862,541  
     2,917,052  
     (1,054,511) 
     -36%
  
    Depreciation and amortization 
     2,100,958  
     2,615,728  
     (514,770) 
     -20%
  
    Total operating expenses 
     7,518,179  
     11,871,483  
     (4,353,304) 
     -37%
  
    Loss from operations 
     (7,427,769) 
    $(11,484,523) 
     4,056,754  
     -35%

    Other expenses 

    Interest expense 
     (60,119) 
     224,031  
     (284,150) 
     -127%
  
    Other expense 
     (88,605) 
     8,684  
     (97,289) 
     -1,120%
  
    Total other expenses, net 
     (148,724) 
     232,715  
     (381,439) 
     -164%

    Net loss before income tax 
    $(7,279,045) 
    $(11,717,238) 
     4,438,193  
     -38%
  
    Income tax expense (benefit)