General form of registration statement for all companies including face-amount certificate companies

Segment Data (Tables)

v3.20.1
Segment Data (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Segment Reporting [Abstract]    
Schedule of segment information
  For the Three Months Ended March 31, 2020     For the Three Months Ended March 31, 2019  
    Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL  
Revenues   $ 4,987,312     $ 1,057,741     $ -     $ 6,045,053     $ 4,817,818     $ 1,417,230     $ -     $ 6,235,048  
Income (Loss) from Operations   $ 439,993     $ (6,427,410 )   $ (2,106,653 )   $ (8,094,070 )   $ (373,611 )   $ (3,480,541 )   $ -     $ (3,854,152 )

 

    As of March 31, 2020     As of December 31, 2019  
    Gaming &
Entertainment
    E-sports     Corporate(2)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate(2)     TOTAL  
Total Assets   $ 37,716,634     $ 20,170,770     $ 10,824,744     $ 68,712,148     $ 39,290,001     $ 21,702,158     $ 10,328,915     $ 71,321,074  

 

1) Unallocated corporate operating losses result from general corporate overhead expenses not directly attributable to any one of the business segments. These expenses are reported separate from the Company's identified segments and are included in General and Administrative expenses on the accompanying condensed consolidated statements of operations and comprehensive loss.

 

2) Unallocated corporate assets not directly attributable to any one of the business segments.

    For the Year ended December 31, 2019     For the Year ended December 31, 2018  
    Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL  
Revenues   $ 18,523,632     $ 7,548,363     $ -     $ 26,071,995     $ 16,326,923     $ 4,276,332     $ -     $ 20,603,255  
Revenues from Foreign Operations   $ 2,441,660     $ 858,277     $ -     $ 3,299,937     $ 2,499,058     $ 384,433     $ -     $ 2,883,491  
Depreciation and Amortization   $ 3,218,931     $ 3,548,810     $ -     $ 6,767,741     $ 4,003,937     $ 2,707,461     $ -     $ 6,711,398  
Loss from Operations   $ 1,011,550     $ 12,260,957     $ 2,272,580     $ 15,545,087     $ 2,116,272     $ 26,714,191     $ -     $ 28,830,463  
Interest Expense   $ 115,726     $ -     $ 1,081,401     $ 1,197,127     $ -     $ 2,117,438     $ -     $ 2,117,438  
Capital Expenditures   $ 939,576     $ 1,324,546     $ -     $ 2,264,122     $ 766,770     $ 16,416,186     $ -     $ 17,182,956  
Total Property and Equipment, net   $ 2,470,293     $ 18,084,014     $ -     $ 20,554,307     $ 711,863     $ 20,308,234     $ -     $ 21,020,097  
Total Property and Equipment, net in Foreign Countries   $ -     $ 358,481     $ -     $ 358,481     $ -     $ 442,925     $ -     $ 442,925  
Total Assets   $ 39,290,001     $ 21,702,158     $ 10,328,915     $ 71,321,074     $ 37,315,493     $ 27,931,444     $ -     $ 65,246,937  

 

  1) Represents unallocated corporate assets not directly attributable to any one of the business segments and unallocated corporate operating losses resulting from general corporate overhead expenses not directly attributable to any one of the business segments. Corporate operating expense are reported separate from the Company's identified segments and are included in general and administrative expenses on the accompanying consolidated statements of operations.