Quarterly report pursuant to Section 13 or 15(d)

Segment Data (Tables)

v3.20.2
Segment Data (Tables)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule of segment information
    For the Three Months Ended
September 30, 2020
    For the Three Months Ended
September 30, 2019
 
    Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL  
Revenues   $ 5,291,419     $ 596,883     $
-
    $ 5,888,302     $ 4,137,091     $ 1,904,450     $
-
    $ 6,041,541  
Income (Loss) from Operations   $ 663,919     $ (1,945,413 )   $ (2,040,432 )   $ (3,321,926 )   $ (172,502 )   $ (2,984,047 )   $ (661,054 )   $ (3,817,603 )

 

    For the Nine Months Ended
September 30, 2020
    For the Nine Months Ended
September 30, 2019
 
    Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate(1)     TOTAL  
Revenues   $ 14,240,556     $ 2,275,086     $
-
    $ 16,515,642     $ 14,022,841     $ 5,592,094     $
-
    $ 19,614,935  
Income (Loss) from Operations   $ 1,115,410     $ (11,639,966 )   $ (5,665,374 )   $ (16,189,930 )   $ (1,069,712 )   $ (8,685,385 )   $ (661,054 )   $ (10,416,151 )

 

Schedule of total assets
    As of September 30, 2020     As of December 31, 2019  
    Gaming &
Entertainment
    E-sports     Corporate(2)     TOTAL     Gaming &
Entertainment
    E-sports     Corporate (2)     TOTAL  
Total Assets   $ 36,673,898     $ 27,470,708     $ 1,142,267     $ 65,286,873     $ 39,290,001     $ 28,852,158     $ 3,178,915     $ 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 are included in total operating costs and 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.