Company: LTRYW
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001641172-25-024882
Chunk: 6

Company: Lottery.com Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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,832  
     700,000 
  
    Net cash provided by financing activities 
     3,124,463  
     700,000 
  
    Net effect of exchange rate changes on Cash 
     (78,762) 
     (127,070)
  
    NET CHANGE IN NET CASH AND RESTRICTED CASH 
     194,533  
     (873,115)
  
    CASH AND RESTRICTED CASH - BEGINNING OF YEAR 
     68,035  
     359,826 
  
    CASH AND RESTRICTED CASH - END OF PERIOD 
    $262,568  
    $513,289 
  
    Supplemental Disclosure of Cash Flow Information: 

    Interest paid in cash 
    $-  
    $- 
  
    Taxes paid in cash 
    $-  
    $- 

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

 F-4 

LOTTERY.COM
INC.

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

SIX
MONTHS ENDED JUNE 30, 2025

Note
1. Nature of Operations

Description
of Business

Lottery.com
Inc. (formerly Trident Acquisitions Corp) (“TDAC”, “Lottery.com”. “SEGG Media” or “the Company”),
was formed as a Delaware corporation on March 17, 2016. On October 29, 2021, we consummated a business combination (the “Business
Combination”) with AutoLotto, Inc. (“AutoLotto”). Following the closing of the Business Combination (the “Closing”)
we changed our name from “Trident Acquisitions Corp.” to “Lottery.com Inc.” and the business of AutoLotto became
our business. In connection with the Business Combination the Company moved its headquarters from New York, New York to Texas. In July
2025, the Company began doing business as SEGG Media Corporation. The name change is reflective of the Company’s shift to focusing
on market segments in sports, entertainment, and gaming.

The
Company owns and operates three premium domain brands: Sports.com, Concerts.com, and Lottery.com representing the Company’s three
operating focuses: Sports, Entertainment, and Gaming.

Sports

Sports.com is
a next-generation global sports streaming and