SharpLink Gaming, Inc. (SBET) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
333 WASHINGTON AVE. NORTH MINNEAPOLIS, MN 55401 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2025 MRQ | 12/31/2024 | 12/31/2023 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 1,437 | 2,487 | |||
| Cash and cash equivalent | 1,437 | 2,487 | |||
| Receivables | 538 | 427 | |||
| Disposal group, including discontinued operation | 270 | 67,805 | |||
| Other current assets | 0 | ||||
| Other undisclosed current assets | 310 | 383 | |||
| Total current assets: | 2,555 | 71,103 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 3 | 9 | |||
| Intangible assets, net (including goodwill) | 13 | 168 | |||
| Intangible assets, net (excluding goodwill) | 13 | 168 | |||
| Other undisclosed noncurrent assets | |||||
| Total noncurrent assets: | 17 | 177 | |||
| TOTAL ASSETS: | 2,571 | 71,280 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 478 | 1,464 | |||
| Accounts payable | 281 | 834 | |||
| Accrued liabilities | 197 | 630 | |||
| Other undisclosed accounts payable and accrued liabilities | |||||
| Debt | 646 | ||||
| Disposal group, including discontinued operation | 10 | 66,397 | |||
| Other undisclosed current liabilities | 10,742 | ||||
| Total current liabilities: | 488 | 79,248 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 1,425 | ||||
| Long-term debt, excluding current maturities | 1,425 | ||||
| Liabilities, other than long-term debt | 7 | ||||
| Deferred income tax liabilities | 7 | ||||
| Total noncurrent liabilities: | 1,432 | ||||
| Total liabilities: | 488 | 80,680 | |||
| Equity | |||||
| Equity, attributable to parent, including: | 2,083 | (9,400) | |||
| Preferred stock | 4 | ||||
| Common stock | 0 | 573 | |||
| Treasury stock, value | (29) | (29) | |||
| Additional paid in capital | 79,920 | 77,910 | |||
| Accumulated deficit | (77,809) | (87,857) | |||
| Other undisclosed equity, attributable to parent | 0 | ||||
| Total equity: | 2,083 | (9,400) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,571 | 71,280 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|---|
| Revenues | 3,662 | 4,953 | ||
| Cost of revenue | (2,756) | (3,420) | ||
| Gross profit: | 906 | 1,533 | ||
| Operating expenses | (5,669) | (10,426) | ||
| Operating loss: | (4,763) | (8,893) | ||
| Nonoperating income (expense) | 289 | (2,340) | ||
| Investment income, nonoperating | 60 | |||
| Other nonoperating income (expense) | 298 | (13) | ||
| Interest and debt expense | (325) | (1,150) | ||
| Loss from continuing operations before equity method investments, income taxes: | (4,798) | (12,383) | ||
| Other undisclosed income from continuing operations before income taxes | 325 | 1,150 | ||
| Loss from continuing operations before income taxes: | (4,474) | (11,233) | ||
| Income tax expense (benefit) | 0 | (16) | ||
| Loss from continuing operations: | (4,474) | (11,249) | ||
| Income (loss) from discontinued operations | (2,995) | |||
| Other undisclosed net loss | ||||
| Net loss: | (4,474) | (14,243) | ||
| Other undisclosed net income attributable to parent | 14,573 | |||
| Net income (loss) attributable to parent: | 10,100 | (14,243) | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (50) | |||
| Net income (loss) available to common stockholders, diluted: | 10,100 | (14,294) | ||
Comprehensive Income ($ in thousands)
| 3/31/2025 TTM | 12/31/2024 | 12/31/2023 | ||
|---|---|---|---|---|
| Net loss: | (4,474) | (14,243) | ||
| Comprehensive loss, net of tax, attributable to parent: | (4,474) | (14,243) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.