Direct operating costs (other) decreased by $ 1.5 million or 58.6 %, to $ 1.0 million for the three months ended June 30, 2026 , as compared to $ 2.5 million for the three months ended June 30, 2025 , due to cost efficiencies identified within payment fees, game provider fees and affiliate revenue share, which resulted in a greater percentage decrease when compared to the percentage change in revenue.

filing / Aug 11, 2026 / receipt

We anticipate that this accelerated new market entry will reduce costs and allow for earlier market acceptance than that which we might be able to achieve on a standalone basis.

filing / Aug 11, 2026 / receipt

(3) Includes severance costs and non-recurring compensation payments. REVENUE Net gaming revenue decreased by $ 4.8 million or 43.8 % to $ 6.2 million during the six months ended June 30, 2026 , as compared to $ 11.0 million during the six months ended June 30, 2025 .

filing / Aug 11, 2026 / receipt

GAAP because they are non-recurring items (for example, in the case of severance costs), non-cash expenditures (for example, in the case of amortization of acquired intangible assets, depreciation and amortization and stock-based compensation), or non-operating items which are not related to our underlying business performance (for example, in the case of interest expense).

filing / Aug 11, 2026 / receipt

The Company’s principal commitments primarily consist of operating lease obligations for office space and finance leases obligations, services agreements, and other contractual commitments.

filing / Aug 11, 2026 / receipt

In January 2024, the Company entered into a lease for office space and car parking bays in Malta. The term of the lease is for six years , although the Company may terminate the lease at any time after three years .

filing / Aug 11, 2026 / receipt

Effective May 18, 2023, we entered into an offer letter with Matt Teinert by which he was appointed our Chief Financial Officer at a base salary of $200 thousand with an annual cash bonus of $20 thousand and an additional quarterly cash bonus of $5 thousand based on certain performance indicators.

filing / May 14, 2026 / receipt

(4) Matt Teinert was succeeded by Adam Felman as our Chief Financial Officer effective May 2025. All other compensation includes reimbursement of health insurance costs to Mr.

filing / May 14, 2026 / receipt

We believe that hosting a virtual meeting will facilitate stockholder attendance and participation by enabling stockholders to participate from any location around the world, improve our ability to communicate more effectively with our stockholders, provide for cost savings to us and our stockholders, and reduce the environmental impact of our Annual Meeting.

filing / May 14, 2026 / receipt

Head of Brand Marketing | {"ats": "recruitee", "city": "New York", "state": "NY", "job_id": "2724093", "remote": false, "category": "other", "function": "marketing", "location": "New York, New York, U

company_statement / Aug 27, 2026 / receipt

Head of Product & Platform | {"ats": "recruitee", "city": "New York", "state": "NY", "job_id": "2724229", "remote": false, "category": "other", "function": "engineering", "location": "New York, New Yo

company_statement / Aug 27, 2026 / receipt

Senior Frontend Engineer | {"ats": "recruitee", "city": "New York", "state": "NY", "job_id": "2724022", "remote": false, "category": "other", "function": "engineering", "location": "New York, New York

company_statement / Aug 27, 2026 / receipt