Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 234

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 234
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 % |
| Other expenses                |     |                                     |            |   |     |   |            |   |     |     |           |   |     |     |          |   |
| Interest expense              |     |                                     |    121,815 |   |     |   |     41,142 |   |     |     |    80,673 |   |     |     |      196 | % |
| Other (income) expense        |     |                                     |    (43,992 | ) |     |   |       (399 | ) |     |     |    43,593 |   |     |     |      109 | % |
| Total other expenses, net     |     |                                     |     77,823 |   |     |   |    (40,743 | ) |     |     |    37,080 |   |     |     |       48 | % |
|                               |     |                                     |            |   |     |   |            |   |     |     |           |   |     |     |       91 | % |
| Net loss before income tax    |     | $                                   | (5,967,517 | ) |     | $ | (4,256,059 | ) |     |     | 1,711,458 |   |     |     |       40 | % |
| Income tax expense (benefit)  |     |                                     |      4,150 |   |     |   |          - |   |     |     |     4,150 |   |     |     |      100 | % |
| Net loss                      |     |                                     | (5,971,667 | ) |     |   | (4,256,059 | ) |     |     | 1,715,608 |   |     |     |       40 | % |

Revenue.

Revenue. Revenue for the three months ended June 30, 2024 was $257 thousand, a decrease of $398 thousand, or 61%, compared to revenue of $655 thousand for the three months ended June 30, 2023. $340 thousand of the decrease was in the core domestic lottery business and $65 thousand was in Global Gaming.

Cost of Revenue. Cost of revenue includes product costs, commission expense to affiliates and commercial partners, and merchant processing fees. Cost of revenue for the three months ended June 30, 2024