Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 70

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 1
Chunk 70
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214) 
    $(3,660,166) 
     (1,059,048) 
     29%

    Other expenses 

    Interest expense 
     67,845  
     126,753  
     (58,908) 
     -46%
  
    Other (income) expense 
     (19,343) 
     (20,431) 
     (1,088) 
     -5%
  
    Loss on impairment of intangibles & goodwill 
     -  
     4,298,002  
     (4,298,002) 
     -100%
  
    Total other expenses, net 
     48,502  
     4,404,324  
     (4,355,822) 
     -99%

    Net loss before income tax 
    $(4,767,716) 
    $(8,064,490) 
     (3,296,774) 
     -41%
  
    Income tax expense (benefit) 
     4,365  
     12,814  
     (8,449) 
     -66%
  
    Net loss 
     (4,772,081) 
     (8,077,304) 
     (3,355,223) 
     -42%

Revenue.

Revenue.
Revenue for the three months ended September 30, 2025 was $138,000, a decrease of $63,000, or 31%,
compared to revenue of $201,000 for the three months ended September 30, 2024. The decrease is the net effect of decreases of
$38,000 for Global Gaming and $24,000
for TinBu in 2025 and 1,000 for
S&MI  vs 2024.

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 September 30, 2025 was $205,000 thousand, an increase of
$119,000, or 137%, compared to cost of
revenue of $86,000 for the three months ended September 30, 2024. For the three months ended September 30, 2025 there were increases
of $63,000 in cost of revenue for