Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 5

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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    $(7,219,313) 
    $(11,474,407)
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Loss Attributable to noncontrolling interest 
     35,262 
     (88,359)
  
    Depreciation and amortization 
     908,044  
     2,615,728 
  
    Common stock granted for compensation and as payment in lieu of cash payments for accrued liabilities 
     3,149,806  
     7,530,796 

    Changes in assets and liabilities: 

    Accounts receivable 
     (86,322) 
     (215,894 
  
    Prepaid expenses 
     (6,356) 
     (29,125)
  
    Other current assets 
     -  
     (261,451)
  
    Other long term assets 
     22,163  

    Trade payables 
     467,455  
     84,844 
  
    Accrued and other expenses 
     673,547  
     432,918 
  
    Deferred revenue 
     (53,571) 
     (53,571)
  
    Other liabilities 
     (128,163) 
     - 
  
    Accrued interest 
     (5,406) 
     216,369 
  
    Other long-term liabilities 
     -  
     - 
  
    Net cash (used in) provided by operating activities 
     (2,242,854) 
     (1,446,045)
  
    CASH FLOWS FROM INVESTING ACTIVITIES 

    Proceeds from collection of note receivable 
     250,000  
     - 
  
    Payments made as deposits made for acquisitions 
     (858,314) 

    Net cash used in investing activities 
     (608,314) 
     - 
  
    CASH FLOWS FROM FINANCING ACTIVITIES 

    Proceeds (Payments) from sale of common stock under put arrangement 
     1,528,024  
     - 
  
    Proceeds/ (Payments) from exercise of options and warrants 
     (261,393) 
     - 
  
    Proceeds (Payments) from convertible notes 
     1,857