Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 294

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 2
Chunk 294
---
 the remainder of 2025 offering pirzes related the Company’s
business’ in the entertainment and sports markets.

Phase
2 - Resume B2C Platform Operations. The Company believes that it will be in a position to relaunch its B2C Platform by the end of
2025. As of the date of this Report, the Company expects that it will initially relaunch its B2C Platform to customers in international
jurisdictions for a period of time before rolling it out to other jurisdictions, including the resumption of sales in the US. The Company
plans to limit the rollout in order to give it additional time to properly vet and confirm compliance with local, state and federal rules
related to ticket procurement and distribution. For more information, see “Item 1A. Risk Factors. The Company has also
maintained various pre-paid media credits that it expects to use to launch and maintain promotional campaigns geared towards encouraging
prior customers to return to the Platform and to acquire new customers.

Phase
3 - Other Business Lines and Projects. The Company expects to monetize the Sports.com brand, offer TicketStub.com services in international
jurisdictions, and expand the Concerts.com platform beyond ticket reselling, and partnering with licensed
providers in international jurisdictions to supply digital lottery games, and reviving other products and services that were
under development when the Operational Cessation occurred.

7

As
of the date of this Report, the current estimated cash balance of the Company and subsidiaries is approximately $36,799. The Company
believes that this cash on hand, along with future borrowings, will be sufficient for the Company to resume its core operations.

As
of the date of this Report, our common stock and warrants are traded on The Nasdaq Stock Market LLC (“Nasdaq”) under the
ticker symbols “SEGG” and “LTRYW,” respectively. As of the date of this Report, we are not in compliance
with Nasdaq’s continued listing requirements (the “Listing Rules”). Under its new management, the Company
continues to work to improve its disclosure and reporting controls. Also, the Company plans to continue to strengthen and improve
its systems of internal control over financial reporting and invest in additional legal, accounting, and financial
resources.

 If the Company’s securities are delisted from Nasdaq, it could be more difficult to buy or sell the Company’s
common stock and warrants or to obtain accurate quotations, and the price of the Company’s common stock and warrants could