Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 2

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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,733  
     22,544,829 

    Total liabilities and stockholders’ equity 
    $53,071,844  
    $52,942,271 

The
accompanying notes are an integral part of these condensed consolidated financial statements.

 F-1 

LOTTERY.COM
INC.

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 

    Revenue 
    $191,762  
    $256,998  
    $415,611  
    $516,317 
  
    Cost of revenue 
     162,733  
     45,570  
     325,201  
     129,357 
  
    Gross profit 
     29,029  
     211,428  
     90,410  
     386,960 

    Operating expenses: 

    Personnel costs 
     438,966  
     1,789,986  
     1,125,603  
     2,774,665 
  
    Professional fees 
     1,339,869  
     1,545,083  
     2,429,077  
     3,564,038 
  
    General and administrative 
     1,123,574  
     1,435,307  
     1,862,541  
     2,917,052 
  
    Depreciation and amortization 
     1,074,132  
     1,330,746  
     2,100,958  
     2,615,728 
  
    Total operating expenses 
     3,976,541  
     6,101,122  
     7,518,179  
     11,871,483 
  
    Income (loss) from operations 
     (3,947,512) 
    $(5,889,694) 
     (7,427,769) 
    $(11,484,523)

    Other expenses 

    Interest (income) expense 
     64,422  
     121,