SharpLink Gaming (SBET) 10-Q 16 May 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2023	May 12, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity File Number	000-28950
Entity Registrant Name	SHARPLINK GAMING LTD.
Entity Central Index Key	0001025561
Entity Tax Identification Number	98-1657258
Entity Incorporation, State or Country Code	L3
Entity Address, Address Line One	333 Washington Avenue North
Entity Address, Address Line Two	Suite 104
Entity Address, City or Town	Minneapolis
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55401
City Area Code	(347)
Local Phone Number	913-3316
Title of 12(b) Security	Ordinary Shares
Trading Symbol	SBET
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,688,541

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash	$ 28,830,217	$ 39,324,529
Restricted cash	10,973,259	11,132,957
Accounts receivable, net of allowance for credit losses of $0 and $0, respectively	1,375,440	776,530
Unbilled receivables	507,091	47,000
Contract assets	227,312	219,116
Deferred Prize Expense	5,295,835	356,158
Prepaid expenses and other current assets	1,138,827	744,275
Current assets from discontinued operations	550,000	1,310,000
Total current assets	48,897,981	53,910,565
Investment, cost	200,000	200,000
Equipment, net	52,022	60,218
Right-of-use asset - operating lease	210,224	230,680
Intangibles
Intangible assets, net	3,783,204	3,727,933
Goodwill	6,916,095	6,916,095
Total assets	60,059,526	65,045,491
Current Liabilities
Accounts payable and accrued expenses	1,884,865	2,125,707
Contract liabilities	7,729,639	2,166,451
Prize liability	6,219,199	6,061,434
Customer deposits	30,351,091	42,171,589
Line of credit	4,613,151	4,120,651
Current portion of long-term debt	1,030,802	1,018,918
Current portion of convertible debt, net of discount of $128,104 and $0, respectively, warrant discount of $1,125,303 and $0, respectively	3,146,593
Current portion of lease liability	31,538	31,070
Current liabilities from discontinued operations	685,500	1,215,213
Total current liabilities	55,692,378	58,911,033
Long-Term Liabilities
Deferred tax liability	18,476	6,206
Debt, less current portion	2,671,162	2,931,698
Lease liability, less current portion	188,476	210,037
Total liabilities	58,570,492	62,058,974
Commitments and Contingencies
Stockholders’ Equity
Ordinary shares, $0.20 par value; authorized shares 9,290,000 issued and outstanding shares: 2,688,541	537,731	537,731
Treasury stock, nine ordinary shares at cost	(29,000)	(29,000)
Additional paid-in capital	77,365,818	76,039,604
Accumulated deficit	(76,389,387)	(73,565,641)
Total stockholders’ equity	1,489,034	2,986,517
Total liabilities and stockholders’ equity	60,059,526	65,045,491
Series A-1 Preferred Stock [Member]
Stockholders’ Equity
Preferred stock, value	1,376	1,326
SeriesB - 1Preferred Stock [Member]
Stockholders’ Equity
Preferred stock, value	$ 2,496	$ 2,496

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Accounts receivable, allowance for credit loss	$ 0	$ 0
Convertible debt, net of discount	128,104	0
Warrant discount	$ 1,125,303	$ 0
Common stock par value	$ 0.20	$ 0.20
Common stock, shares authorized	9,290,000	9,290,000
Common stock, shares issued	2,688,541	2,688,541
Common stock, shares outstanding	2,688,541	2,688,541
Series A-1 Preferred Stock [Member]
Preferred stock par value	$ 0.20	$ 0.20
Preferred stock, par authorized	260,000	260,000
Preferred stock, shares issued	6,880	6,630
Preferred stock, shares outstanding	6,880	6,630
Liquidation preference, value	$ 149,258	$ 138,414
Series B Preferred Stock [Member]
Preferred stock par value	$ 0.20	$ 0.20
Preferred stock, par authorized	370,000	370,000
Preferred stock, shares issued	12,481	12,481
Preferred stock, shares outstanding	12,481	12,481
Liquidation preference, value	$ 596,193	$ 595,245

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenues	$ 3,390,391	$ 1,896,335
Cost of revenues	2,046,750	1,268,902
Gross profit	1,343,641	627,433
Operating expenses
Selling, general, and administrative expenses	3,671,417	2,829,892
Goodwill and intangible asset impairment expenses		4,726,000
Total operating expenses	3,671,417	7,555,892
Operating loss	(2,327,776)	(6,928,459)
Other income and expense
Interest income	272,421	12,314
Interest expense	(337,421)	(20,384)
Change in fair value of convertible debenture	(255,229)
Total other income and expense	(320,229)	(8,070)
Net loss before income taxes	(2,648,005)	(6,936,529)
Provision for income tax expenses	30,741
Net loss from continuing operations	(2,678,746)	(6,936,529)
Net loss from discontinued operations, net of tax	(145,000)	(108,000)
Net loss	(2,823,746)	(7,044,529)
Numerator for basic and diluted net loss per share:
Net loss from continuing operations available to ordinary shareholders	(2,679,695)	(6,940,124)
Net loss from discontinued operations available to ordinary shareholders	(145,000)	(108,000)
Total Numerator for basic and diluted net loss per share	$ (2,824,695)	$ (7,048,124)
Denominator for basic and diluted net loss per share:
Weighted average shares outstanding	2,813,900	2,361,974
Net loss per share - Basic and diluted
Net loss from continuing operations per share	$ (0.95)	$ (2.94)
Net loss from discontinued operations per share	(0.05)	(0.05)
Net loss per share	$ (1)	$ (2.99)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Preferred Stock [Member] Series A-1 Preferred Stock [Member]	Preferred Stock [Member] Series B Preferred Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Total
Beginning balance, value at Dec. 31, 2021	$ 447,346	$ 1,094	$ 2,496	$ 72,101,783	$ (2,900)	$ (58,332,263)	$ 14,191,456
Beginning balance, shares at Dec. 31, 2021	2,236,615	5,474	12,481
Net loss						(7,044,529)	(7,044,529)
Stock-based compensation expense				380,685			380,685
Dividends on Series B preferred stock in Series A-1 preferred stock
Dividends on Series B preferred stock in Series A-1 preferred stock, shares
Ending balance, value at Mar. 31, 2022	$ 447,346	$ 1,094	$ 2,496	72,482,468	(2,900)	(65,376,792)	7,527,612
Ending balance, shares at Mar. 31, 2022	2,236,615	5,474	12,481
Beginning balance, value at Dec. 31, 2022	$ 537,731	$ 1,326	$ 2,496	76,039,605	(2,900)	(73,565,641)	2,986,517
Beginning balance, shares at Dec. 31, 2022	2,688,541	6,630	12,481
Net loss						(2,823,746)	(2,823,746)
Stock-based compensation expense				152,034			152,034
Dividends on Series B preferred stock in Series A-1 preferred stock		$ 50		(50)
Dividends on Series B preferred stock in Series A-1 preferred stock, shares		250
Warrants issued in conjunction with convertible debenture				1,174,229			1,174,229
Ending balance, value at Mar. 31, 2023	$ 537,731	$ 1,376	$ 2,496	$ 77,365,818	$ (2,900)	$ (76,389,387)	$ 1,489,034
Ending balance, shares at Mar. 31, 2023	2,688,541	6,880	12,481

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities
Net loss from continuing operations	$ (2,678,746)	$ (6,936,529)
Net loss from discontinued operations, net of tax	(145,000)	(108,000)
Net loss	(2,823,746)	(7,044,529)
Adjustments to reconcile net loss to net cash used for operating activities:
Depreciation and amortization	194,051	304,331
Amortization of loan costs	1,961
Amortization of debt discount	65,592
Amortization of prepaid stock issued for services	43,000
Change in fair value of convertible debenture	255,229
Deferred tax expense	12,270	128,640
Stock-based compensation expense	152,034	380,685
Write-off of amounts related to acquisition of FourCubed		4,726,000
Changes in assets and liabilities
Accounts receivable	(598,910)	528,072
Unbilled receivable	(460,091)	(295,741)
Contract assets	(8,196)	(117,106)
Deferred Prize Expense	(4,939,677)
Prepaid expenses and other current assets	(438,189)	(52,670)
Accounts payable and accrued expenses	(240,842)	530,899
Contract liabilities	5,563,188
Customer deposits and other current liabilities	(11,662,731)	(557,038)
Net cash (used for) provided by operating activities - continuing operations	(14,885,057)	(1,468,457)
Net cash (used for) operating activities - discontinued operations	(82,713)	(823,919)
Net cash (used for) provided by operating activities	(14,967,770)	(2,292,376)
Investing activities
Capital expenditures for equipment	(1,833)
Capital expenditures for internally developed software	(239,294)	(33,516)
Net cash used for investing activities - continuing operations	(241,127)	(33,516)
Financing activities
Proceeds from convertible debenture	4,000,000
Proceeds from debt		2,532,345
Proceeds from line of credit	500,000
Repayments of debt	(250,613)
Payments of debt issue costs	(7,500)
Distributions from Parent		(63,614)
Net cash generated by financing activities - continuing operations	4,241,887	2,468,731
Net change in cash and restricted cash	(10,967,010)	142,839
Cash and restricted cash, beginning of year	50,457,486	6,065,461
Less cash from discontinued operations	(313,000)	(982,000)
Cash and restricted cash, end of year	39,803,476	7,190,300
Reconciliation of Cash and Restricted Cash
Cash	28,830,217	7,190,300
Restricted cash	10,973,259
Total cash and restricted cash	39,803,476	7,190,300
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest	109,165
Cash paid for taxes	19,916
Non-cash financing activities
Discount on convertible debenture and purchase warrant	1,574,229
Dividends on Series B preferred stock in Series A-1 preferred stock	$ 949	$ 3,595

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Note 1 - Basis of Presentation The unaudited condensed consolidated financial statements included herein have been prepared by SharpLink Gaming Ltd. (the “Company,” “SharpLink,” “we,” or “our”), pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of the Company, the foregoing statements contain all adjustments, consisting only of normal recurring adjustments necessary to present fairly the financial position of the Company as of March 31, 2023 and December 31, 2022, its results of operations and cash flows for the three months ended March 31, 2023 and 2022. The condensed consolidated balance sheet as of December 31, 2022, has been derived from the audited consolidated financial statements as of that date. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts therein. Due to the inherent uncertainty involved in making estimates, actual results in future periods may differ from the estimates. Certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been omitted pursuant to rules and regulations of the SEC. Accordingly, the condensed consolidated financial statements do not include all information and footnotes required by GAAP for complete financial statement presentation. It is suggested that these condensed consolidated financial statements be read in conjunction with the consolidated financial statements and the notes thereto for the year ended December 31, 2022, which are included in SharpLink’s Annual Report on Form 10-K filed with the SEC on April 5, 2023. Nature of Business SharpLink Gaming Ltd. (the “Company” or “SharpLink,” formerly Mer Telemanagement Services or “MTS”), is an Israeli-based corporation. SharpLink is a leading online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting and iGaming content. SharpLink uses proprietary, intelligent, online conversion technology and direct-to-player (“D2P”) performance marketing strategies to convert sports fans into sports bettors and online casino game players for licensed, online sportsbook and casino operators. Further, SharpLink, through its SportsHub Gaming Network (“SportsHub”) reporting unit, owns and operates an online gaming business that primarily facilitates daily and seasonal peer-to-peer fantasy contests for its end users. The Company also operates a website that provides a variety of services to private fantasy league commissioners, including secure online payment options, transparent tracking and reporting of transactions, payment reminders, in-season security of league funds, and facilitation of prize payouts. SportsHub was acquired by the Company on December 22, 2022. On July 26, 2021, SharpLink, Inc. completed its merger with Mer Telemanagement Solutions Ltd. (the “MTS Merger”), which changed its name to SharpLink Gaming Ltd. and commenced trading on NASDAQ under the ticker symbol “SBET.” As a result of the MTS Merger, SharpLink, Inc. shareholders owned 86% of the Company, on a fully diluted and as-converted basis, which represented a majority of the voting shares. Additionally, immediately following the closing of the MTS Merger, legacy MTS directors and officers agreed to resign, pursuant to an Agreement and Plan of Merger, dated as of July 26, 2021 (“MTS Merger Agreement”). SharpLink, Inc.’s executives became officers of the Company and new members were appointed to the board of directors. The MTS Merger represented a reverse acquisition in which SharpLink, Inc. was the accounting acquirer and legacy MTS was the accounting acquiree. The Company applied the acquisition method of accounting to the identifiable assets and liabilities of legacy MTS, which were measured at estimated fair value as of the date of the business combination. Reverse Stock Split On April 23, 2023, the Company effected a one-for-ten (1:10) reverse share split of all the Company’s share capital and adopted amendments to its Memorandum of Association and Second Amended and Restated Articles of Association (“M&AA”) whereby the Company (i) decreased the number of issued and outstanding ordinary shares, nominal value NIS 0.60 26,881,244 2,688,541 92,900,000 0.06 9,290,000 0.60 Reclassifications Certain reclassifications were made to the unaudited condensed consolidated balance sheet for the period ended December 31, 2022 to conform to the March 31, 2023 method of presentation. These reclassifications had no effect on reported total current assets, total assets, total current liabilities, total liabilities or total stockholder’s equity.

Going Concern

Going Concern	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 2 - Going Concern In the pursuit of SharpLink’s long-term growth strategy and the development of its fan activation and conversion software and related businesses, the Company has sustained continued operating losses. During the three months ending March 31, 2023 and March 31, 2022, the Company had a net loss from continuing operations of $ 2,678,746 6,936,529 14,885,057 1,468,457 10 4,400,000 4,000,000 7,000,000 The Company is continually evaluating strategies to obtain the required additional funding for future operations. These strategies may include, but are not limited to, equity financing, issuing, or restructuring debt, entering into other financing arrangements, and restructuring operations to grow revenues and decrease expenses. The Company may be unable to access further equity or debt financing when needed or obtain additional liquidity under acceptable terms, if at all. As such, these factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period. The condensed consolidated financial statements do not include any adjustments to the carrying amounts and classification of assets, liabilities, and reported expenses that may be necessary if the Company were unable to continue as a going concern.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
New Accounting Pronouncements	Note 3 - New Accounting Pronouncements Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40). ASU 2020-06 simplifies the accounting for convertible debt and convertible preferred stock by removing the requirements to separately present certain conversion features in equity. In addition, the amendments in the ASU also simplify the guidance in ASC 815-40, Derivatives and Hedging: Contracts in Entity’s Own Equity, by removing certain criteria that must be satisfied in order to classify a contract as equity, which is expected to decrease the number of freestanding instruments and embedded derivatives accounted for as assets or liabilities. Finally, the amendments revise the guidance on calculating earnings per share, requiring use of the if-converted method for all convertible instruments and rescinding an entity’s ability to rebut the presumption of share settlement for instruments that may be settled in cash or other assets. The Company adopted ASU 2020-06 on January 1, 2023 and was applied to the Company’s accounting for its convertible debenture and warrants (see Note 8). In June 2016 and subsequently amended in March 2022, the FASB issued ASC 326, Financial Instruments – Credit Losses (Topic 326): Measurements of Credit Losses on Financial Instruments (“ASC 326”), which replaces the existing incurred loss model with a current expected credit loss (“CECL”) model that requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The Company would be required to use a forward-looking CECL model for accounts receivables, guarantees and other financial instruments. The Company adopted ASC 326 on January 1, 2023 and ASC 326 did not have a material impact on its consolidated financial statements as the Company has not had any historical credit losses.

Additional Balance Sheet Inform

Additional Balance Sheet Information	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Additional Balance Sheet Information	Note 4 - Additional Balance Sheet Information Equipment, net Equipment, net is presented net of accumulated depreciation in the amount of $ 110,761 83,194 Intangible assets, net Intangible assets, net as of March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Intangible Assets Weighted-average amortization period Cost, Net of Accumulated (years) Impairment Amortization Net Balance, March 31, 2023 Customer relationships 5 10 $ 2,643,000 $ 386,312 $ 2,256,688 Acquired technology 3 5 1,435,832 1,225,667 210,165 Tradenames 6 640,000 30,072 609,928 Internally developed software 5 774,791 316,282 458,509 Software in development N/A 247,914 - 247,914 $ 5,741,537 $ 1,958,333 $ 3,783,204 Balance, December 31, 2022 Customer relationships 5 10 $ 2,643,000 $ 280,636 $ 2,362,364 Acquired technology 3 5 1,437,050 1,201,739 235,311 Tradenames 6 640,000 3,405 636,595 Internally developed software 5 749,147 288,530 460,617 Software in development N/A 33,046 - 33,046 $ 5,502,243 $ 1,774,310 $ 3,727,933 Amortization expense on intangible assets was $ 184,024 and $ 298,444 for the three months ended March 31, 2023 and 2022, respectively. Goodwill Goodwill as of March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Goodwill Sports Gaming Client Services Sports Hub Gaming Affiliate Marketing Services - International Total Balance as of December 31, 2022 $ 381,000 $ 4,919,928 $ 1,615,167 $ 6,916,095 Goodwill - - - - Less: Impairment charges - - - - Balance as of March 31, 2023 $ 381,000 $ 4,919,928 $ 1,615,167 $ 6,916,095 Cumulative goodwill impairment charges $ - $ - $ - $ -

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Note 5 - Acquisitions SportsHub Games Network, Inc. (“SportsHub”) Description of the Transaction On December 22, 2022, SharpLink, through its wholly owned subsidiary, SHGN Acquisition Corp (“Acquirer” or the “Merger Subsidiary) acquired all of the outstanding capital stock of SportsHub (the “SportsHub Acquisition”), via an Agreement and Plan of Merger, dated as of September 6, 2022 (the “SportsHub Merger Agreement”). In accordance with the terms of the SportsHub Merger Agreement between the Acquirer, SportsHub and an individual acting as the SportsHub stockholders’ representative (the “Stockholder Representative”): ● SharpLink issued an aggregate of 431,926 40,586 ● SportsHub merged with and into the Merger Subsidiary, with the Merger Subsidiary remaining as the surviving corporation and wholly owned subsidiary of SharpLink. ● SportsHub, which owned 889,380 ● SharpLink assumed $ 5,387,850 Identification of Accounting Acquirer The transaction was accomplished through a direct acquisition, whereby SHGN Acquisition Corp effectively acquired all of the outstanding capital stock of SportsHub, as a result of which SHGN Acquisition Corp obtained control over SportsHub. Therefore, SHGN Acquisition Corp has been determined to be the acquirer in the transaction, and SportsHub the acquiree. Determining the Acquisition Date The Acquirer obtained control of SportsHub following the exchange of consideration on December 22, 2022. Thus, the closing date of December 22, 2022 was the acquisition date. Purchase Price The purchase price is based on SharpLink’s closing share price of $ 2.90 472,513 1,267,199 4,120,651 Schedule of Purchase Consideration Description Amount Fair Value of Equity Consideration $ 1,370,287 Fair Value of Seller Platinum Line of Credit and Loan 5,387,850 Total Purchase Price $ 6,758,137 Purchase Price Allocation The SportsHub Acquisition assets and liabilities were measured at fair values as of December 22, 2022, primarily based on the valuation determined by an independent valuation, which were based on income-based method and relief from royalty method. Estimates of fair value represent management’s best estimate of assumptions about future events and uncertainties, including significant judgments related to future cash flows, discount rates, competitive trends, margin and revenue growth assumptions, including royalty rates and customer attrition rates and others. Inputs used were generally obtained from historical data supplemented by current and anticipated market conditions and growth rates expected as of the acquisition date. The fair value of the assets acquired and liabilities assumed as of December 22, 2022 were as follows: Schedule of fair value of assets acquired and liabilities assumed Schedule Of fair value of Assets Acquired and Liabilities Assumed December 22, 2022 Assets: Cash $ 38,255,266 Restricted cash 10,604,004 Accounts receivable 186,712 Prepaid expenses and other current assets 1,916,932 Equipment 11,953 Other long-term assets 95,793 Intangible assets 2,390,000 Total Assets $ 53,460,660 Liabilities: Accrued expenses $ 284,345 Deferred tax liabilities 48,775 Deferred revenue 3,574,285 Other current liabilities 47,657,117 Other long-term liabilities 106,705 Total liabilities $ 51,671,227 Net assets acquired, excluding goodwill $ 1,789,433 Goodwill 4,968,703 Purchase consideration for accounting acquiree $ 6,758,137 The fair value, as determined by assumptions that market participants would use in pricing the assets, and weighted average useful life of the identifiable intangible assets are as follows: Schedule of Fair Value Assumption Asset Weighted Average Fair Value Useful Life (Years) Customer relationships $ 1,550,000 5 Trade names 640,000 6 Acquired technology 200,000 5 $ 2,390,000 The excess of consideration for the acquisition over the fair value of net assets acquired was recorded as goodwill and derived from the market price of the shares at the time of the SportsHub Acquisition. The goodwill created in the acquisition is not expected to be deductible for tax purposes. As of March 31, 2023, the calculation and allocation of the purchase price to tangible and intangible assets and liabilities is preliminary, as the Company is still in the process of accumulating all of the required information to finalize the opening balance sheet and calculations of intangible assets. Transaction Costs SharpLink’s transaction costs incurred in connection with the SportsHub Acquisition were $ 83,866 Unaudited Pro Forma Information The following unaudited supplemental pro forma financial information presents the financial results for the three months ended March 31, 2022 as if the SportsHub Acquisition had occurred on January 1, 2022. The pro forma financial information includes, where applicable, adjustments for: (i) additional amortization expense of $ 36,667 would have been recognized related to the acquired intangible assets in 2022 and (ii) transaction costs and other one-time non-recurring costs which reduced expenses by $ 83,866 in 2022. The pro forma financial information excludes adjustments for estimated cost synergies or other effects of the integration of SportsHub: Schedule of Business Acquisition Pro Forma Information March 31, 2022 Revenues $ 2,853,636 Loss from continuing operations (7,397,148 ) Less: dividends accrued on series B preferred stock (3,595 ) Net loss from continuing operations available to ordinary shareholders (7,400,743 ) Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders (108,000 ) Net loss available to ordinary shareholders (7,508,743 ) Basic and diluted: Net loss from continuing operations per share $ (3.18 ) Net loss from discontinued operations per share (0.05 ) Net loss per share $ (3.23 ) The pro forma financial information is presented for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved had the SportsHub Acquisition been completed as of the date indicated or the results that may be obtained in the future.

Line of Credit

Line of Credit	3 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Line of Credit	Note 6 – Line of Credit The Company, through the SportsHub Acquisition, has available a variable rate ( 8.75 5,000,000 4,613,151 On February 13, 2023, the Company entered into a Revolving Credit Agreement with Platinum Bank (“Lender”) and executed a variable rate ( 8.50 7,000,000 7,500

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	Note 7 - Debt On January 31, 2022, FourCubed Acquisition Company, LLC (“FCAC”), a wholly owned subsidiary of the Company, entered into a $ 3,250,000 4 59,854 25,431 For the three months ended March 31, 2023 and 2022, FCAC paid $ 179,561 119,707 2,549,710 626,549 Included in the SportsHub Acquisition was a $ 2,000,000 5.50 38,202 December 9, 2025 29,975 97,644 16,962 1,169,629 404,253 A summary of the debt agreements is noted below: Schedule of Debt March 31, 2023 Note Payable – Bank, $ 2,000,000 $ 1,169,629 Note Payable – Bank, $ 3,250,000 2,549,710 Total 3,719,339 Less unamortized debt issuance costs 17,375 Less current portion 1,030,802 Long-term debt $ 2,671,162 The outstanding amount of debt as of March 31, 2023, matures by year as follows: Schedule of Outstanding amount Of debt Year Amount 2023 768,231 2024 1,070,034 2025 1,118,514 2026 700,256 2027 62,304 3,719,339 The term loan contains a parent company guaranty, which states that the Company will enter into a guaranty agreement in favor of FCAC, pursuant to which the Company will guarantee the repayment of the loan, not later than 30 days following the Company’s anticipated redomicile to the United States.

Convertible Debenture and Warra

Convertible Debenture and Warrant	3 Months Ended
	Mar. 31, 2023
Convertible Debenture And Warrant
Convertible Debenture and Warrant	Note 8 - Convertible Debenture and Warrant Convertible Debenture , at Fair Value The Company accounts for convertible debentures using an amortized cost model. The discount for warrants, the Original Issuance Discount (“OID”) and the initial allocation of fair value of compound derivatives reduce the initial carrying amount of the convertible notes. The carrying value is accreted to the stated principal amount at contractual maturity using the effective-interest method with a corresponding charge to interest expense. Debt discounts are presented on the consolidated balance sheets as a direct deduction from the carrying amount of that related debt. The Company made an irrevocable election at the time of issuance of the Debenture to record the Debenture at its fair value (the “Fair Value Option”) with changes in fair value recorded through the Company’s consolidated statements of operations within other income (expense) at each reporting period. The Fair Value Option provides the Company a measurement basis election for financial instruments on an instrument-by-instrument basis. On February 14, 2023, the Company entered into the SPA with Alpha, a current shareholder of the Company, pursuant to which the Company issued to Alpha, an 8 10 4,400,000 4,000,000 7.00 7.00 4.1772 Commencing November 1, 2023 and continuing on the first day of each month thereafter until the earlier of (i) February 15, 2026 (the “Maturity Date”) and (ii) the full redemption of the Debenture (each such date, a “Monthly Redemption Date”), the Company will redeem $ 209,524 The Monthly Redemption Amount will be paid in cash; provided, that the Company may elect to pay all or a portion of a Monthly Redemption Amount in ordinary shares of the Company, based on a conversion price equal to the lesser of (i) the then Conversion Price of the Debenture and (ii) 80% of the average of the VWAPs (as defined in the Debenture) for the five consecutive trading days ending on the trading day that is immediately prior to the applicable Monthly Redemption Date. The Debenture initially accrues interest at the rate of 8% per annum for the first 12 months from the February 15, 2023, at the rate of 10% per annum for the ensuing 12 months, and thereafter until Maturity, at the rate of 12%, Interest may be paid in cash or ordinary shares of the Company or a combination thereof at the option of the Company; provided that interest may only be paid in shares if the Equity Conditions (as defined in the Debenture) have been satisfied, including Shareholder Approval. The Debenture includes a beneficial ownership blocker of 9.99%. At the time of execution, on February 14, 2023, the Company recorded an initial debt discount of $ 383,333 ($255,229) The following provides a summary of the Convertible Debenture recorded at fair value as of March 31, 2023 is presented below: Summary of the Convertible Debenture recorded at fair value Principle amount of convertible debenture at issuance: $ 4,400,000 Less: Unamortized discount for warrants 1,125,303 Unamortized discount for OID 383,333 Change in fair value (255,229 ) Balance of convertible debenture as of March 31, 2023: 3,146,593 Accrued interest on convertible debenture included in Accounts payable and accrued expenses as of March 31, 2023: $ 43,362 Purchase Warrant On February 15, 2023, the Company also issued to Alpha a warrant (the “Warrant”) to purchase 880,000 8.75 19.99 8.75 4.1772 9.99 In the event the Company, at any time while the Warrant is still outstanding, issues or grants any right to re-price, ordinary shares or any type of securities giving rights to obtain ordinary shares at a price below exercise price, Alpha shall be extended full-ratchet anti-dilution protection on the Warrant (reduction in price, only, no increase in number of Warrant Shares, and subject to customary Exempt Transaction issuances), and such reset shall not be limited by the Floor Price. At the time of execution, the Company classified the Warrant as an equity contract and performed an initial fair value measurement. As the Warrant was issued with the sale of the Debenture, the value assigned to the Warrant was based on an allocation of proceeds, subject to the allocation to the Debenture. The Company recorded a debt discount for the Warrant of $ 1,174,229 65,592

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 9 - Fair Value In accordance with fair value accounting guidance, the Company determines fair value based on the exchange price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. The inputs used to measure fair value are classified into the following hierarchy: Level 1: Level 2 Level 3 As disclosed in Note 8, the Debenture and Purchase Warrants were reported at fair value, with changes in fair value of the Debenture recorded through the Company’s condensed consolidated statements of operations as other income (expense) for the three months ended March 31, 2023. The following table sets forth the Company’s consolidated financial assets and liabilities measured at fair value by level within the fair value hierarchy at March 31, 2023: Schedule of consolidated financial assets and liabilities measured at fair value Convertible Debenture Purchase Warrants Level I $ - $ - Level II $ - $ - Level III $ 2,825,771 $ 1,174,229 Total $ 2,825,771 $ 1,174,229 The following table presents a reconciliation of the beginning and ending balances of the Debenture measured at fair value on a recurring basis that uses significant unobservable inputs (Level 3) and the related expenses and losses recorded in the consolidated statement of operations during the three months ended March 31, 2023. Significant Unobservable Inputs (level 3) and the Related Expenses and Losses Fair Value, December 31, 2022 $ - Issuance of convertible debenture $ 2,825,771 Accretion for discount for warrants 48,926 Accretion for discount for OID 16,667 Change in fair value $ 255,229 Fair Value, March 31, 2023 $ 3,146,593 The fair value of the Debenture was determined using a Monte Carlo Simulation (“MCS”) which incorporates the probability and timing of the consummation of a Fundamental Transaction event and conversion of the Debenture as of the valuation date. The MCS implied a discount rate at issuance that resulted in a total value to the debenture and warrants that equated to the transaction proceeds. This discount rate was 75.28 Schedule of CCC Spreads Issuance February 14, 2023 4.13 % Fair Value March 31, 2023 2.29 % The Company valued the Debenture using a Monte Carlo Simulation model using the value of the underlying stock price of $ 3.80 , exercise price of $ 8.75 , expected dividend rate of 0 %, risk-free interest rate of 3.77 % and volatility of 52.6 2.9 years.

Convertible Preferred Stock

Convertible Preferred Stock	3 Months Ended
	Mar. 31, 2023
Convertible Preferred Stock
Convertible Preferred Stock	Note 10 - Convertible Preferred Stock On December 23, 2020, the SharpLink, Inc. board authorized the establishment and designation of 900 8% 0.10 415,000 200 2,000,000 Terms of the Series A Preferred Stock are as follows: Voting Dividends 8 Liquidation 100 Conversion 21.1693 9.99 Second Tranche 5,000,000 Commitment Fee shall issue preferred stock equal to the greater of either 15% of the aggregate of the First and Second Tranche or 3% of the Company’s issued and outstanding capital Redemption 12 On June 15, 2021, the Company entered into the first amendment to the securities purchase agreement, which amended the following terms: Second Tranche 6,000,000 Commitment Fee 3 On July 23, 2021, the Company entered into the second amendment to the securities purchase agreement, which amended the following terms: Second Tranche 276,582 6,000,000 On July 26, 2021, the Company’s board authorized the establishment and designation of 52,502 0.10 Terms of the Series A-1 Preferred Stock are as follows: Voting Liquidation 21.693 Conversion 21.693 9.99 Redemption 12 On July 26, 2021, the Company’s board authorized the establishment and designation of 276,582 0.10 Terms of the Series B Preferred Stock are as follows: Voting Dividends Liquidation 21.693 Conversion 21.693 9.99 Redemption 12% On July 26, 2021, SharpLink, Inc. completed the MTS Merger, changed its name to SharpLink Gaming Ltd. and commenced trading on NASDAQ under the ticker symbol “SBET.” The MTS Merger was effectuated by a share exchange in which MTS issued shares to SharpLink, Inc. stockholders, resulting in SharpLink, Inc. stockholders owning approximately 86% of the capital stock of SharpLink on a fully diluted, as-converted basis. The exchange ratio used to determine the number of shares issued to SharpLink, Inc. shareholders was 13.352, which was calculated pursuant to the terms of the MTS Merger Agreement. At the Company’s Extraordinary General Meeting of Shareholders held on July 21, 2021, the Company’s shareholders approved an Amended and Restated Articles of Association, which was effective upon consummation of the MTS Merger reflecting the reverse stock split at a ratio of one-to-two (1:2), which became effective on July 26, 2021 immediately prior to the effectiveness of the MTS Merger. The MTS Merger represented a Going Public Transaction. Immediately prior to the MTS Merger, the outstanding shares of the SharpLink, Inc. Series A Preferred Stock were exchanged for 123,096 70,099 369,286 6,000,000 Subsequent to the MTS Merger, the holder of the Series A-1 Preferred Stock and Series B Preferred Stock converted 193,195 356,805 6,880 6,630 12,481 12,481

Warrants

Warrants	3 Months Ended
	Mar. 31, 2023
Guarantees and Product Warranties [Abstract]
Warrants	Note 11 - Warrants In conjunction with the Convertible Debenture and Warrant issuance on February 14, 2023, warrants that were previously issued to Alpha on November 19, 2021 were revalued on February 14, 2023, reducing the exercise price from $ 45.00 0.60 5.10 0.60 0 4.04 52.57 2.9 11,435 1,218,205 1,206,771 Following is a summary of the Company’s warrant activity for the three-month period ended March 31, 2023: Schedule of Warrant Activity Number of Shares Weighted Average Exercise Price per Share Weighted Average Remaining Life (Years) Outstanding as of December 31, 2022 464,046 $ 0.72 2.96 Previously issued regular warrants (266,667 ) (8.93 ) 0.52 Revalued regular warrants 266,667 0.12 0.52 Issued and vested 880,000 2.68 3.20 Outstanding as of March 31, 2023 1,344,046 $ 2.93 4.13

Stock Compensation

Stock Compensation	3 Months Ended
	Mar. 31, 2023
Retirement Benefits [Abstract]
Stock Compensation	Note 12 - Stock Compensation Option awards are generally granted with an exercise price equal to the market price of the Company’s ordinary shares at the date of grant; those options generally vest based on three years of continuous service and have ten-year contractual terms. Certain option and share awards provide for accelerated vesting if there is a change in control, as defined in the plans. The fair value of each option award is estimated on the date of grant using a Black Scholes option-pricing model. The Company uses historical option exercise and termination data to estimate the term the options are expected to be outstanding. The risk-free rate is based on the U.S. Treasury yield curve in effect at the time of grant. The expected dividend yield is calculated using historical dividend amounts and the stock price at the option issue date. The expected volatility is determined using the volatility of peer companies. The Company’s underlying stock has been publicly traded since the date of the MTS Merger. All option grants made under 2020 Plan were prior to the MTS Merger. The SharpLink, Inc. underlying stock was not publicly traded but was estimated on the date of the grants using valuation methods that consider valuations from recent equity financings as well as future planned transactions. The fair value of each stock option grant is estimated on the date of grant using the Black Scholes option pricing model with the following assumptions: Schedule of Fair Values of Stock Options Granted Using Black-scholes Valuation Model Assumptions March 31, 2023 Expected volatility 53.6 53.6 % Expected dividends 0.0 % Expected term (years) 5.8 5.9 Risk-free rate 3.9 4.1 % Fair value of ordinary shares on grant date $ 1.70 2.70 The Company granted 152,250 The summary of activity under the plans as of March 31, 2023, and change during the three months ended March 31, 2023 is as follows: Schedule of Stock Option Activity Weighted Weighted average remaining Aggregate Options Shares exercise price contractual term intrinsic value Outstanding as of December 31, 2022 288,912 1.14 7,750 Granted 152,250 4.50 Exercised — — Forfeited (7,111 ) 5.70 Expired (889 ) 5.70 Outstanding as of March 31, 2023 433,162 9.10 9.3 9,500 Exercisable as of March 31, 2023 111,497 13.40 8.6 9,500 Unamortized stock compensation expense of $ 1,204,968

Operating Segments

Operating Segments	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Operating Segments	Note 13 - Operating Segments The Company has four operating segments: Affiliate Marketing Services – United States, Affiliate Marketing Services – International, Sports Gaming Client Services and SportsHub Games Network. Each operating segment is also a reportable segment. The Enterprise Telecom Expense Management (“Enterprise TEM”) business unit is reflected in discontinued operations (see Note 16). The Enterprise TEM and Affiliate Marketing Services – International segments are a result of the MTS Merger and FourCubed Acquisition, respectively, in 2021. The Enterprise TEM segment will not be presented going forward due to its sale on December 31, 2022. The Affiliate Marketing Services – United States segment operates a performance marketing platform which owns and operates state-specific web domains designed to attract, acquire and drive local sports betting and casino traffic directly to the Company’s sportsbook and casino partners which are licensed to operate in each respective state. The Company earns a commission from sportsbooks and casino operators on new depositors directed to them via our proprietary D2P websites in America. In addition, this segment provides sports betting data (e.g., betting lines) to sports media publishers in exchange for a fixed fee. The Affiliate Marketing Services – International segment is an iGaming and affiliate marketing network, focused on delivering quality traffic and player acquisitions, retention and conversions to global iGaming operator partners worldwide in exchange for a commission (cost per acquisition or portion of net gaming revenues) paid to the Company by the partners for the new players referred to them. The Sports Gaming Client Services segment provides its clients with development, hosting, operations, maintenance, and service of free-to-play games and contests. These relationships can be either software-as-service (“SaaS”) arrangements that are hosted by SharpLink and accessed through its clients’ websites or other electronic media; or software licenses that allow the client to take the software on premise. The SportsHub Games Network segment owns and operates a variety of real-money fantasy sports and sports simulation games and mobile apps on its platform; and is licensed or authorized to operate in every state in the United States where fantasy sports play is legal and in which SportsHub has elected to operate based on the financial viability of operating there. The Enterprise TEM segment is a global provider of solutions for telecommunications expense management, enterprise mobility management, call usage and accounting software. The segment’s TEM solutions allow enterprises and organizations to make smarter choices with their telecommunications spending at each stage of the service lifecycle, including allocation of cost, proactive budget control, fraud detection, processing of payments and spending forecasting. The Enterprise TEM segment is reflected as discontinued operations in 2023 and 2022 and was sold in December 31, 2022. (See Note 16.) Any intercompany revenues or expenses are eliminated in consolidation. A measure of segment assets and liabilities has not been currently provided to the Company’s chief operating decision maker and is therefore not presented below. Summarized financial information for the Company’s reportable segments for the three months ended March 31, 2023 is shown below: For the three months ended March 31, 2023 Schedule of Companies Reportable Segments Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total Revenue $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ - $ 3,390,391 Cost of revenues 215,456 667,906 766,878 396,510 - 2,046,750 Loss from operations (2,245,493 ) 135,085 209,511 (426,879 ) - (2,327,776 ) Loss from discontinued operations - - - - (145,000 ) (145,000 ) Net income (loss) $ (2,718,941 ) $ 106,605 $ 209,511 $ (275,921 ) $ (145,000 ) $ (2,823,746 ) For the three months ended March 31, 2022 Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total Revenue $ 61,522 $ 923,750 $ 911,063 $ - $ - $ 1,896,335 Cost of revenues 21,913 529,412 717,577 - - 1,268,902 Income (loss) from operations (2,222,648 ) (4,802,701 ) 96,890 - - (6,928,459 ) Loss from discontinued operations - - - - (108,000 ) (108,000 ) Net income (loss) $ (2,210,334 ) $ (4,823,085 ) $ 96,890 $ - $ (108,000 ) $ (7,044,529 ) Summarized revenues by country in which the Company operated for the three months ended March 31, 2023 and 2022 is shown below: Schedule of revenues by country March 31, 2023 Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total United States $ 279,776 $ - $ 1,065,015 $ 1,037,325 $ - $ 2,382,116 Rest of World - 1,008,275 - - - 1,008,275 Revenues $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ - $ 3,390,391 March 31, 2022 United States $ 61,522 $ - $ 911,063 $ - $ - $ 972,585 Rest of World - 923,750 - - - 923,750 Revenues $ 61,522 $ 923,750 $ 911,063 $ - $ - $ 1,896,335 The Company does not have material tangible long-lived assets in foreign jurisdictions. The Company’s Sports Gaming Client Services and Affiliate Marketing Services – International segments derive a significant portion of their revenues from several large customers. The table below presents the percentage of consolidated revenues derived from large customers: Schedule of Percentage of Consolidated Revenues Derived From Large Customers March 31, 2023 March 31, 2022 Customer A 18 % 33 % Customer B 14 % 39 % Customer C 13 % * %

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 14 - Revenue Recognition The Company combines its revenue into the following categories: Schedule of Revenue Recognition March 31, 2023 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Software-as-a-service $ 55,291 $ - $ 1,065,015 $ - $ 1,120,306 Fee revenue - - - 1,037,325 1,037,325 Services and other 224,484 1,008,276 - - 1,232,760 Total $ 279,775 $ 1,008,276 $ 1,065,015 $ 1,037,325 $ 3,390,391 March 31, 2022 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Software-as-a-service $ 61,522 $ - $ 911,063 $ - $ 972,585 Fee revenue - - - - - Services and other - 923,750 - - 923,750 Total $ 61,522 $ 923,750 $ 911,063 $ - $ 1,896,335 The Company’s license contracts contain promises to transfer multiple products to the customer. Judgment is required to determine whether each product is considered to be a distinct performance obligation that should be accounted for separately under the contract. We have elected to utilize the “right to invoice” practical expedient under ASC 606 which allows us to recognize revenue for our performance under the contract for the value which we have provided to the customer during a period of time in our contract with them. Determining whether licenses are distinct performance obligations that should be accounted for separately, or not distinct and thus accounted for together, requires significant judgment. In some arrangements, such as the Company’s license arrangements, the Company has concluded that the individual licenses are distinct from each other. In others, like the Company’s SaaS arrangements, the software development and final product are not distinct from each other because they are highly integrated and therefore the Company has concluded that these promised goods are a single, combined performance obligation. The Company is required to estimate the total consideration expected to be received from contracts with customers. In certain circumstances, the consideration expected to be received is fixed based on the specific terms of the contract or based on the Company’s expectations of the term of the contract. The Company has not experienced significant returns from or refunds to customers. These estimates require significant judgment and the change in these estimates could have an effect on its results of operations during the periods involved. The Company follows a five-step model to assess each sale to a customer; identify the legally binding contract, identify the performance obligations, determine the transaction price, allocate the transaction price, and determine whether revenue will be recognized at a point in time or over time. Revenue recognized point in time and over time is presented by period below: For the three-months ended March 31, 2023 Schedule of Revenue Recognized point in Time and over Time Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Point in time $ 224,485 $ 1,008,275 $ - $ 317,431 $ 1,550,191 Over time 55,291 - 1,065,015 719,894 1,840,200 Total $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ 3,390,391 For the three-months ended March 31, 2022 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Point in time $ - $ 923,750 $ - $ - $ 923,750 Over time 61,522 - 911,063 - $ 972,585 Total $ 61,522 $ 923,750 $ 911,063 $ - $ 1,896,335 The Company’s assets and liabilities related to its contracts with customers were as follows: Schedule of contract assets and liabilities March 31, 2023 December 31, 2022 Accounts receivable $ 1,375,440 $ 776,530 Unbilled revenue 507,091 47,000 Contract assets 227,312 219,116 Contract liabilities (7,729,639 ) (2,166,451 ) The timing of revenue recognition may differ from the timing of invoicing to customers and these timing differences result in contract advanced billings on the Company’s consolidated balance sheet. The Company has an enforceable right to payment upon invoicing and records contract liabilities when revenue is recognized subsequent to invoicing. The Company recognized unbilled revenue when revenue is recognized prior to invoicing. The Company recognized contract assets related to direct costs incurred to fulfill the contracts. These costs are primarily labor costs associated with the development of the software. The Company defers these costs and amortizes them into cost of revenues over the period revenues are recognized. The activity in the contract assets for the three-month ended March 31, 2023 is as follows: Schedule of contract assets Amount Balance as of December 31, 2022 $ 219,116 Labor costs expensed (309,168 ) Labor costs deferred 317,364 Balance as of March 31, 2023 $ 227,312 The Company recognizes contract liabilities for cash received from its users prior to recognition of revenue to fulfill its contracts. The payments received are primarily from the Company’s operation of its own online gaming business. The Company defers the revenue and recognizes it throughout the online game’s respective season. The activity in the contract liabilities for the three month ending March 31, 2023 is as follows: Schedule of contract liabilities Amount Balance as of December 31, 2022 $ (2,166,451 ) Revenue recognized or reclassified 1,046,604 Deferred revenue (6,609,792 ) Balance as of March 31, 2023 $ (7,729,639 ) All contract liabilities at March 31, 2023 and December 31, 2022 were recognized as revenue or expected to be recognized within the next fiscal year. All other activity in contract liabilities is due to the timing of invoices in relation to the timing of revenue as described above. Contracted but unsatisfied performance obligations were approximately $ 883,000 824,000 Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 30 days. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company has determined that its contracts generally do not include a significant financing component. The primary purpose of invoicing terms is to provide customers with simplified and predictable ways of purchasing the Company’s products and services, and not to facilitate financing arrangements. The Company had three customers that accounted for approximately 45 696,221 The Company had two customers that accounted for approximately 72 280,526

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 15 - Income Taxes On a quarterly basis, we estimate our annual effective tax rate and record a quarterly income tax provision based on the anticipated rate. As the year progresses, we refine our estimate based on the facts and circumstances, including discrete events, by each tax jurisdiction. The effective tax rate for each of the three month periods ended March 31, 2023 was ( 0.5 0.0

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 16 - Discontinued Operations In accordance with ASC 205-20 Presentation of Financial Statements: Discontinued Operations, a disposal of a component of an entity or a group of components of an entity is required to be reported as discontinued operations if the disposal represents a strategic shift that has (or will have) a major impact on an entity’s operations and financial results when the components of an entity meets the criteria in ASC paragraph 205-20-45-10. In the period in which the component meets the held for sale or discontinued operations criteria the major assets, other assets, current liabilities and non-current liabilities shall be reported as a component of total assets and liabilities separate from those balances of the continuing operations. At the same time, the results of all discontinued operations, less applicable income taxes (benefit), shall be reported as components of net income (loss) separate from the income (loss) of continuing operations. In June 2022, the Company’s board of directors authorized management to enter into negotiations to sell MTS. The Company negotiated a Share and Asset Purchase Agreement which was completed on December 31, 2022. The majority of the assets of the primary reporting unit within MTS were sold. The assets and liabilities remaining post transaction are in the process of winding down subsequent to the year ended December 31, 2022. Accordingly, the assets and liabilities of the MTS business are separately reported as assets and liabilities from discontinued operations as of March 31, 2023 and December 31, 2022. The results of operations and cash flows of MTS for all periods are separately reported as discontinued operations. The Company negotiated a Share and Asset Purchase Agreement with the transaction completed on December 31, 2022. Prior to the sale of MTS on December 31, 2022, the Enterprise TEM operating segment’s performance obligations are satisfied either overtime (managed services and maintenance) or at a point in time (software licenses). Professional services rendered after implementation are recognized as performed. Software license revenue is recognized when the customer has access to the license and the right to use and benefit from the license. Many of the Enterprise TEM operating segment’s agreements include software license bundled with maintenance and supports. The Company allocates the transaction price for each contract to each performance obligation identified in the contract based on the relative standalone selling price (SSP). The Company determines SSP for the purposes of allocating the transaction price to each performance obligation by considering several external and internal factors including, but not limited to, transactions where the specific element sold separately, historical actual pricing practices in accordance with ASC 606, Revenues from Contracts with Customers. The determination of SSP requires the exercise of judgement. For maintenance and support, the Company determines the SSP based on the price at which the Company sells a renewal contract. A reconciliation of the major classes of line items constituting the loss from discontinued operations, net of income taxes as presented in the condensed consolidated statements of operations for the three months ended March 31, 2023 (unaudited) is summarized in the table below. Summary Reconciliation of Discontinued Operations Summary Reconciliation of Discontinued Operations Three months ended March 31, 2023 Three months ended March 31, 2022 Revenues $ - $ 933,000 Cost of Revenues 8,000 535,000 Gross Profit (8,000 ) 398,000 Operating Expenses Selling, general, and administrative expenses 129,000 498,000 Total operating expenses 129,000 498,000 Operating Loss (137,000 ) (100,000 ) Other Income and Expense (7,000 ) (7,000 ) Total other income and expense (7,000 ) (7,000 ) Loss Before Income Taxes (144,000 ) (107,000 ) Provision for income tax expenses 1,000 1,000 Loss from discontinued operations $ (145,000 ) (108,000 ) The following table presents a reconciliation of the carrying amounts of major classes of assets and liabilities of the Company classified as discontinued operations as of March 31, 2023 (unaudited) and December 31, 2022: Schedule of major classes of assets and liabilities March 31, 2023 (Unaudited) December 31, 2022 Carrying amounts of major classes of assets included as part of discontinued operations: Current Assets Cash $ 313,000 $ 648,000 Accounts receivable, net of allowance 79,000 191,000 Prepaid expenses and other current assets 155,000 187,000 Equipment, net 3,000 5,000 Other Assets - 279,000 Total current assets $ 550,000 $ 1,310,000 March 31, 2023 (Unaudited) December 31, 2022 Carrying amounts of major classes of liability included as part of discontinued operations: Current Liabilities Accrued expenses $ 57,573 $ 374,879 Contract liabilities 2,000 2,000 Other current liabilities 625,927 838,274 Total current liabilities $ 685,500 $ 1,215,153

Net Loss Per Share

Net Loss Per Share	3 Months Ended
	Mar. 31, 2023
Net loss per share - Basic and diluted
Net Loss Per Share	Note 17 - Net Loss Per Share The calculation of loss per share and weighted-average shares of the Company’s ordinary shares outstanding for the periods presented are as follows: Schedule of Loss Per Share and Weighted-average 2023 2022 Three months ended March 31 2023 2022 Net loss from continuing operations $ (2,678,746 ) $ (6,936,529 ) Less: dividends on series B preferred stock (949 ) (3,595 ) Net loss from continuing operations available to ordinary shareholders (2,679,695 ) (6,940,124 ) Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders (145,000 ) (108,000 ) Net loss available to ordinary shareholders $ (2,824,695 ) $ (7,048,124 ) Basic and diluted weighted-average shares outstanding 2,813,900 2,361,974 Basic and diluted: Net loss from continuing operations per share $ (0.95 ) $ (2.94 ) Net income (loss) from discontinued operations per share (.05 ) (0.05 ) Net loss per share $ (1.00 ) $ (2.99 ) The redeemable convertible preferred stock is a participating security, whereby if a dividend is declared to the holders of ordinary shares, the holders of preferred stock would participate to the same extent as if they had converted the preferred stock to ordinary shares. For the periods presented, the following securities were not required to be included in the computation of diluted shares outstanding: Schedule of computation of diluted shares outstanding Schedule of Computation of Diluted Shares Outstanding March 31, 2023 March 31, 2022 Stock options 433,162 176,335 Series A-1 preferred stock 6,880 5,881 Series B preferred stock 12,481 12,481 MTS warrants 8,333 8,333 Prefunded warrants 125,359 125,359 Purchase warrants 880,000 - Regular warrants 266,667 266,667 Total 1,732,882 595,056

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 18 - Related Party Transactions The Company uses Hays Companies (“Hays”) as an insurance broker. Hays is considered a related party as an executive of Hays serves on the board of directors for the Company. The Company paid $ 381,935 305,669 The Company leases office space in Canton, Connecticut from CJEM, LLC, which is owned by an executive of the Company. The Company paid rent expense of $ 9,600

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 19 - Subsequent Events The Company performed an evaluation of subsequent events for potential recognition and disclosure through the date of the financial statements’ issuance. Reverse Stock Split On April 25, 2023 (the “Effective Date”), the Company effected a 1-for-10 reverse share split of all of the Company’s share capital, including its ordinary shares, nominal value of NIS 0.06 per share (the “Reverse Stock Split”) and adopted amendments to its M&AA in connection with the Reverse Stock Split The Company undertook the Reverse Stock Split with the objective of meeting the minimum $ 1.00 26,881,144 2,688,541 92,900,000 0.06 9,290,000 0.60 Nasdaq Notice In November 2022, the Company announced that it had received a letter from Nasdaq Listing Qualifications (“Nasdaq”) indicating that the Company was no longer in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2) (the “Rule), which requires listed securities to maintain a minimum bid price of $ 1.00 On April 25, 2023, the Company effected a 1-for-10 reverse stock split as a means to cure the bid price deficiency and, for a period of ten consecutive trading days through May 9, 2023, the closing bid price of the Company’s ordinary shares was above $1.00 On May 5, 2023, the Company received a Staff Determination Letter (the “Letter”) from Nasdaq that the Company had not regained compliance with the Rule during the initial 180 days (by May 3, 2033) and was not eligible for a second 180-day period to regain compliance. The Letter advised that the Company may request an appeal of this determination and pay a hearing fee no later than May 12, 2023, and unless the Company did so, the Company’s ordinary shares would be suspended at the opening of business on May 16, 2023 and would subsequently be removed from listing and registration. On May 10, 2023, Nasdaq notified the Company that since the bid price of the Company’s ordinary shares closed above $ 1.00

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In August 2020, the FASB issued ASU 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40). ASU 2020-06 simplifies the accounting for convertible debt and convertible preferred stock by removing the requirements to separately present certain conversion features in equity. In addition, the amendments in the ASU also simplify the guidance in ASC 815-40, Derivatives and Hedging: Contracts in Entity’s Own Equity, by removing certain criteria that must be satisfied in order to classify a contract as equity, which is expected to decrease the number of freestanding instruments and embedded derivatives accounted for as assets or liabilities. Finally, the amendments revise the guidance on calculating earnings per share, requiring use of the if-converted method for all convertible instruments and rescinding an entity’s ability to rebut the presumption of share settlement for instruments that may be settled in cash or other assets. The Company adopted ASU 2020-06 on January 1, 2023 and was applied to the Company’s accounting for its convertible debenture and warrants (see Note 8). In June 2016 and subsequently amended in March 2022, the FASB issued ASC 326, Financial Instruments – Credit Losses (Topic 326): Measurements of Credit Losses on Financial Instruments (“ASC 326”), which replaces the existing incurred loss model with a current expected credit loss (“CECL”) model that requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The Company would be required to use a forward-looking CECL model for accounts receivables, guarantees and other financial instruments. The Company adopted ASC 326 on January 1, 2023 and ASC 326 did not have a material impact on its consolidated financial statements as the Company has not had any historical credit losses.

Additional Balance Sheet Info_2

Additional Balance Sheet Information (Tables)	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Intangible Assets	Intangible assets, net as of March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Intangible Assets Weighted-average amortization period Cost, Net of Accumulated (years) Impairment Amortization Net Balance, March 31, 2023 Customer relationships 5 10 $ 2,643,000 $ 386,312 $ 2,256,688 Acquired technology 3 5 1,435,832 1,225,667 210,165 Tradenames 6 640,000 30,072 609,928 Internally developed software 5 774,791 316,282 458,509 Software in development N/A 247,914 - 247,914 $ 5,741,537 $ 1,958,333 $ 3,783,204 Balance, December 31, 2022 Customer relationships 5 10 $ 2,643,000 $ 280,636 $ 2,362,364 Acquired technology 3 5 1,437,050 1,201,739 235,311 Tradenames 6 640,000 3,405 636,595 Internally developed software 5 749,147 288,530 460,617 Software in development N/A 33,046 - 33,046 $ 5,502,243 $ 1,774,310 $ 3,727,933
Schedule of Goodwill	Goodwill as of March 31, 2023 and December 31, 2022 consisted of the following: Schedule of Goodwill Sports Gaming Client Services Sports Hub Gaming Affiliate Marketing Services - International Total Balance as of December 31, 2022 $ 381,000 $ 4,919,928 $ 1,615,167 $ 6,916,095 Goodwill - - - - Less: Impairment charges - - - - Balance as of March 31, 2023 $ 381,000 $ 4,919,928 $ 1,615,167 $ 6,916,095 Cumulative goodwill impairment charges $ - $ - $ - $ -

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]
Schedule of Purchase Consideration	Schedule of Purchase Consideration Description Amount Fair Value of Equity Consideration $ 1,370,287 Fair Value of Seller Platinum Line of Credit and Loan 5,387,850 Total Purchase Price $ 6,758,137
Schedule Of fair value of Assets Acquired and Liabilities Assumed	The fair value of the assets acquired and liabilities assumed as of December 22, 2022 were as follows: Schedule of fair value of assets acquired and liabilities assumed Schedule Of fair value of Assets Acquired and Liabilities Assumed December 22, 2022 Assets: Cash $ 38,255,266 Restricted cash 10,604,004 Accounts receivable 186,712 Prepaid expenses and other current assets 1,916,932 Equipment 11,953 Other long-term assets 95,793 Intangible assets 2,390,000 Total Assets $ 53,460,660 Liabilities: Accrued expenses $ 284,345 Deferred tax liabilities 48,775 Deferred revenue 3,574,285 Other current liabilities 47,657,117 Other long-term liabilities 106,705 Total liabilities $ 51,671,227 Net assets acquired, excluding goodwill $ 1,789,433 Goodwill 4,968,703 Purchase consideration for accounting acquiree $ 6,758,137
Schedule of Fair Value Assumption Asset	The fair value, as determined by assumptions that market participants would use in pricing the assets, and weighted average useful life of the identifiable intangible assets are as follows: Schedule of Fair Value Assumption Asset Weighted Average Fair Value Useful Life (Years) Customer relationships $ 1,550,000 5 Trade names 640,000 6 Acquired technology 200,000 5 $ 2,390,000
Schedule of Business Acquisition Pro Forma Information	The pro forma financial information excludes adjustments for estimated cost synergies or other effects of the integration of SportsHub: Schedule of Business Acquisition Pro Forma Information March 31, 2022 Revenues $ 2,853,636 Loss from continuing operations (7,397,148 ) Less: dividends accrued on series B preferred stock (3,595 ) Net loss from continuing operations available to ordinary shareholders (7,400,743 ) Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders (108,000 ) Net loss available to ordinary shareholders (7,508,743 ) Basic and diluted: Net loss from continuing operations per share $ (3.18 ) Net loss from discontinued operations per share (0.05 ) Net loss per share $ (3.23 )

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Debt	A summary of the debt agreements is noted below: Schedule of Debt March 31, 2023 Note Payable – Bank, $ 2,000,000 $ 1,169,629 Note Payable – Bank, $ 3,250,000 2,549,710 Total 3,719,339 Less unamortized debt issuance costs 17,375 Less current portion 1,030,802 Long-term debt $ 2,671,162
Schedule of Outstanding amount Of debt	The outstanding amount of debt as of March 31, 2023, matures by year as follows: Schedule of Outstanding amount Of debt Year Amount 2023 768,231 2024 1,070,034 2025 1,118,514 2026 700,256 2027 62,304 3,719,339

Convertible Debenture and War_2

Convertible Debenture and Warrant (Tables)	3 Months Ended
	Mar. 31, 2023
Convertible Debenture And Warrant
Summary of the Convertible Debenture recorded at fair value	The following provides a summary of the Convertible Debenture recorded at fair value as of March 31, 2023 is presented below: Summary of the Convertible Debenture recorded at fair value Principle amount of convertible debenture at issuance: $ 4,400,000 Less: Unamortized discount for warrants 1,125,303 Unamortized discount for OID 383,333 Change in fair value (255,229 ) Balance of convertible debenture as of March 31, 2023: 3,146,593 Accrued interest on convertible debenture included in Accounts payable and accrued expenses as of March 31, 2023: $ 43,362

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of consolidated financial assets and liabilities measured at fair value	The following table sets forth the Company’s consolidated financial assets and liabilities measured at fair value by level within the fair value hierarchy at March 31, 2023: Schedule of consolidated financial assets and liabilities measured at fair value Convertible Debenture Purchase Warrants Level I $ - $ - Level II $ - $ - Level III $ 2,825,771 $ 1,174,229 Total $ 2,825,771 $ 1,174,229
Significant Unobservable Inputs (level 3) and the Related Expenses and Losses	Significant Unobservable Inputs (level 3) and the Related Expenses and Losses Fair Value, December 31, 2022 $ - Issuance of convertible debenture $ 2,825,771 Accretion for discount for warrants 48,926 Accretion for discount for OID 16,667 Change in fair value $ 255,229 Fair Value, March 31, 2023 $ 3,146,593
Schedule of CCC Spreads	Schedule of CCC Spreads Issuance February 14, 2023 4.13 % Fair Value March 31, 2023 2.29 %

Warrants (Tables)

Warrants (Tables)	3 Months Ended
	Mar. 31, 2023
Guarantees and Product Warranties [Abstract]
Schedule of Warrant Activity	Following is a summary of the Company’s warrant activity for the three-month period ended March 31, 2023: Schedule of Warrant Activity Number of Shares Weighted Average Exercise Price per Share Weighted Average Remaining Life (Years) Outstanding as of December 31, 2022 464,046 $ 0.72 2.96 Previously issued regular warrants (266,667 ) (8.93 ) 0.52 Revalued regular warrants 266,667 0.12 0.52 Issued and vested 880,000 2.68 3.20 Outstanding as of March 31, 2023 1,344,046 $ 2.93 4.13

Stock Compensation (Tables)

Stock Compensation (Tables)	3 Months Ended
	Mar. 31, 2023
Retirement Benefits [Abstract]
Schedule of Fair Values of Stock Options Granted Using Black-scholes Valuation Model Assumptions	The fair value of each stock option grant is estimated on the date of grant using the Black Scholes option pricing model with the following assumptions: Schedule of Fair Values of Stock Options Granted Using Black-scholes Valuation Model Assumptions March 31, 2023 Expected volatility 53.6 53.6 % Expected dividends 0.0 % Expected term (years) 5.8 5.9 Risk-free rate 3.9 4.1 % Fair value of ordinary shares on grant date $ 1.70 2.70
Schedule of Stock Option Activity	The summary of activity under the plans as of March 31, 2023, and change during the three months ended March 31, 2023 is as follows: Schedule of Stock Option Activity Weighted Weighted average remaining Aggregate Options Shares exercise price contractual term intrinsic value Outstanding as of December 31, 2022 288,912 1.14 7,750 Granted 152,250 4.50 Exercised — — Forfeited (7,111 ) 5.70 Expired (889 ) 5.70 Outstanding as of March 31, 2023 433,162 9.10 9.3 9,500 Exercisable as of March 31, 2023 111,497 13.40 8.6 9,500

Operating Segments (Tables)

Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Companies Reportable Segments	Schedule of Companies Reportable Segments Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total Revenue $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ - $ 3,390,391 Cost of revenues 215,456 667,906 766,878 396,510 - 2,046,750 Loss from operations (2,245,493 ) 135,085 209,511 (426,879 ) - (2,327,776 ) Loss from discontinued operations - - - - (145,000 ) (145,000 ) Net income (loss) $ (2,718,941 ) $ 106,605 $ 209,511 $ (275,921 ) $ (145,000 ) $ (2,823,746 ) For the three months ended March 31, 2022 Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total Revenue $ 61,522 $ 923,750 $ 911,063 $ - $ - $ 1,896,335 Cost of revenues 21,913 529,412 717,577 - - 1,268,902 Income (loss) from operations (2,222,648 ) (4,802,701 ) 96,890 - - (6,928,459 ) Loss from discontinued operations - - - - (108,000 ) (108,000 ) Net income (loss) $ (2,210,334 ) $ (4,823,085 ) $ 96,890 $ - $ (108,000 ) $ (7,044,529 )
Schedule of revenues by country	Summarized revenues by country in which the Company operated for the three months ended March 31, 2023 and 2022 is shown below: Schedule of revenues by country March 31, 2023 Affiliate Marketing Services - United States Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Enterprise TEM Total United States $ 279,776 $ - $ 1,065,015 $ 1,037,325 $ - $ 2,382,116 Rest of World - 1,008,275 - - - 1,008,275 Revenues $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ - $ 3,390,391 March 31, 2022 United States $ 61,522 $ - $ 911,063 $ - $ - $ 972,585 Rest of World - 923,750 - - - 923,750 Revenues $ 61,522 $ 923,750 $ 911,063 $ - $ - $ 1,896,335
Schedule of Percentage of Consolidated Revenues Derived From Large Customers	The Company’s Sports Gaming Client Services and Affiliate Marketing Services – International segments derive a significant portion of their revenues from several large customers. The table below presents the percentage of consolidated revenues derived from large customers: Schedule of Percentage of Consolidated Revenues Derived From Large Customers March 31, 2023 March 31, 2022 Customer A 18 % 33 % Customer B 14 % 39 % Customer C 13 % * %

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Revenue Recognition	The Company combines its revenue into the following categories: Schedule of Revenue Recognition March 31, 2023 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Software-as-a-service $ 55,291 $ - $ 1,065,015 $ - $ 1,120,306 Fee revenue - - - 1,037,325 1,037,325 Services and other 224,484 1,008,276 - - 1,232,760 Total $ 279,775 $ 1,008,276 $ 1,065,015 $ 1,037,325 $ 3,390,391 March 31, 2022 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Software-as-a-service $ 61,522 $ - $ 911,063 $ - $ 972,585 Fee revenue - - - - - Services and other - 923,750 - - 923,750 Total $ 61,522 $ 923,750 $ 911,063 $ - $ 1,896,335
Schedule of Revenue Recognized point in Time and over Time	Schedule of Revenue Recognized point in Time and over Time Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Point in time $ 224,485 $ 1,008,275 $ - $ 317,431 $ 1,550,191 Over time 55,291 - 1,065,015 719,894 1,840,200 Total $ 279,776 $ 1,008,275 $ 1,065,015 $ 1,037,325 $ 3,390,391 For the three-months ended March 31, 2022 Affiliate Marketing Services - U.S. Affiliate Marketing Services - International Sports Gaming Client Services SportsHub Gaming Network Total Point in time $ - $ 923,750 $ - $ - $ 923,750 Over time 61,522 - 911,063 - $ 972,585 Total $ 61,522 $ 923,750 $ 911,063 $ - $ 1,896,335
Schedule of contract assets and liabilities	Schedule of contract assets and liabilities March 31, 2023 December 31, 2022 Accounts receivable $ 1,375,440 $ 776,530 Unbilled revenue 507,091 47,000 Contract assets 227,312 219,116 Contract liabilities (7,729,639 ) (2,166,451 )
Schedule of contract assets	The activity in the contract assets for the three-month ended March 31, 2023 is as follows: Schedule of contract assets Amount Balance as of December 31, 2022 $ 219,116 Labor costs expensed (309,168 ) Labor costs deferred 317,364 Balance as of March 31, 2023 $ 227,312
Schedule of contract liabilities	The activity in the contract liabilities for the three month ending March 31, 2023 is as follows: Schedule of contract liabilities Amount Balance as of December 31, 2022 $ (2,166,451 ) Revenue recognized or reclassified 1,046,604 Deferred revenue (6,609,792 ) Balance as of March 31, 2023 $ (7,729,639 )

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Summary Reconciliation of Discontinued Operations	Summary Reconciliation of Discontinued Operations Summary Reconciliation of Discontinued Operations Three months ended March 31, 2023 Three months ended March 31, 2022 Revenues $ - $ 933,000 Cost of Revenues 8,000 535,000 Gross Profit (8,000 ) 398,000 Operating Expenses Selling, general, and administrative expenses 129,000 498,000 Total operating expenses 129,000 498,000 Operating Loss (137,000 ) (100,000 ) Other Income and Expense (7,000 ) (7,000 ) Total other income and expense (7,000 ) (7,000 ) Loss Before Income Taxes (144,000 ) (107,000 ) Provision for income tax expenses 1,000 1,000 Loss from discontinued operations $ (145,000 ) (108,000 )
Schedule of major classes of assets and liabilities	Schedule of major classes of assets and liabilities March 31, 2023 (Unaudited) December 31, 2022 Carrying amounts of major classes of assets included as part of discontinued operations: Current Assets Cash $ 313,000 $ 648,000 Accounts receivable, net of allowance 79,000 191,000 Prepaid expenses and other current assets 155,000 187,000 Equipment, net 3,000 5,000 Other Assets - 279,000 Total current assets $ 550,000 $ 1,310,000 March 31, 2023 (Unaudited) December 31, 2022 Carrying amounts of major classes of liability included as part of discontinued operations: Current Liabilities Accrued expenses $ 57,573 $ 374,879 Contract liabilities 2,000 2,000 Other current liabilities 625,927 838,274 Total current liabilities $ 685,500 $ 1,215,153

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Net loss per share - Basic and diluted
Schedule of Loss Per Share and Weighted-average	The calculation of loss per share and weighted-average shares of the Company’s ordinary shares outstanding for the periods presented are as follows: Schedule of Loss Per Share and Weighted-average 2023 2022 Three months ended March 31 2023 2022 Net loss from continuing operations $ (2,678,746 ) $ (6,936,529 ) Less: dividends on series B preferred stock (949 ) (3,595 ) Net loss from continuing operations available to ordinary shareholders (2,679,695 ) (6,940,124 ) Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders (145,000 ) (108,000 ) Net loss available to ordinary shareholders $ (2,824,695 ) $ (7,048,124 ) Basic and diluted weighted-average shares outstanding 2,813,900 2,361,974 Basic and diluted: Net loss from continuing operations per share $ (0.95 ) $ (2.94 ) Net income (loss) from discontinued operations per share (.05 ) (0.05 ) Net loss per share $ (1.00 ) $ (2.99 )
Schedule of Computation of Diluted Shares Outstanding	Schedule of computation of diluted shares outstanding Schedule of Computation of Diluted Shares Outstanding March 31, 2023 March 31, 2022 Stock options 433,162 176,335 Series A-1 preferred stock 6,880 5,881 Series B preferred stock 12,481 12,481 MTS warrants 8,333 8,333 Prefunded warrants 125,359 125,359 Purchase warrants 880,000 - Regular warrants 266,667 266,667 Total 1,732,882 595,056

Basis of Presentation (Details

Basis of Presentation (Details Narrative)	May 10, 2023 $ / shares	Apr. 25, 2023 ₪ / shares shares	Apr. 23, 2023 ₪ / shares shares	Apr. 22, 2023 ₪ / shares shares	Mar. 31, 2023 $ / shares shares	Dec. 31, 2022 shares	Dec. 22, 2022 $ / shares
Subsequent Event [Line Items]
Share price | $ / shares	$ 1				$ 1		$ 2.90
Common stock, shares issued					2,688,541	2,688,541
Common stock, shares outstanding					2,688,541	2,688,541
Common Stock, Shares Authorized					9,290,000	9,290,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Share price | ₪ / shares		₪ 0.06	₪ 0.60	₪ 0.06
Common stock, shares issued		26,881,144	26,881,244
Common stock, shares outstanding		26,881,144	26,881,244
Subsequent Event [Member] | M And A A [Member]
Subsequent Event [Line Items]
Common Stock, Shares Authorized		92,900,000	9,290,000	92,900,000

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Feb. 13, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent	$ 2,678,746	$ 6,936,529
[custom:CashUsedInOperatingActivities]	14,885,057	1,468,457
Debt Instrument, Interest Rate, Stated Percentage			10%
Principal amount	4,400,000	$ 119,707	$ 4,400,000
purchase price			$ 4,000,000
Revolving promissory note	$ 7,000,000

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	$ 5,741,537	$ 5,502,243
Accumulated amortization	1,958,333	1,774,310
Intangible assets net	3,783,204	3,727,933
Customer Relationships [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	2,643,000	2,643,000
Accumulated amortization	386,312	280,636
Intangible assets net	2,256,688	2,362,364
Technology-Based Intangible Assets [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	1,435,832	1,437,050
Accumulated amortization	1,225,667	1,201,739
Intangible assets net	210,165	235,311
Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	640,000	640,000
Accumulated amortization	30,072	3,405
Intangible assets net	609,928	636,595
Software and Software Development Costs [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	774,791	749,147
Accumulated amortization	316,282	288,530
Intangible assets net	458,509	460,617
Software Development [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	247,914	33,046
Accumulated amortization
Intangible assets net	$ 247,914	$ 33,046
Customer Relationships [Member] | Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	5 years	5 years
Customer Relationships [Member] | Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	10 years	10 years
Technology-Based Intangible Assets [Member] | Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	3 years	3 years
Acquired Technology [Member] | Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	5 years	5 years
Trade Names [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	6 years	6 years
Software and Software Development Costs [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	5 years	5 years

Schedule of Goodwill (Details)

Schedule of Goodwill (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Finite-Lived Intangible Assets [Line Items]
Balance as of December 31, 2022	$ 6,916,095
Goodwill
Less: Impairment charges
Balance as of March 31, 2023	6,916,095
Cumulative goodwill impairment charges
Sports Gaming Client Services {Member}
Finite-Lived Intangible Assets [Line Items]
Balance as of December 31, 2022	381,000
Goodwill
Less: Impairment charges
Balance as of March 31, 2023	381,000
Cumulative goodwill impairment charges
Sports Hub Gaming {Member}
Finite-Lived Intangible Assets [Line Items]
Balance as of December 31, 2022	4,919,928
Goodwill
Less: Impairment charges
Balance as of March 31, 2023	4,919,928
Cumulative goodwill impairment charges
Affiliate Marketing Services International [Member]
Finite-Lived Intangible Assets [Line Items]
Balance as of December 31, 2022	1,615,167
Goodwill
Less: Impairment charges
Balance as of March 31, 2023	1,615,167
Cumulative goodwill impairment charges

Additional Balance Sheet Info_3

Additional Balance Sheet Information (Details Narrative) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accumulated depreciation	$ 110,761	$ 83,194
Amortization of Intangible Assets	$ 184,024	$ 298,444

Schedule of Purchase Considerat

Schedule of Purchase Consideration (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Business Combination and Asset Acquisition [Abstract]
Fair Value of Equity Consideration	$ 1,370,287
Fair Value of Seller Platinum Line of Credit and Loan	5,387,850
Total Purchase Price	$ 6,758,137

Schedule Of fair value of Asset

Schedule Of fair value of Assets Acquired and Liabilities Assumed (Details)	Mar. 31, 2023 USD ($)
Business Combination and Asset Acquisition [Abstract]
Cash	$ 38,255,266
Restricted cash	10,604,004
Accounts receivable	186,712
Prepaid expenses and other current assets	1,916,932
Equipment	11,953
Other long-term assets	95,793
Intangible assets	2,390,000
Total Assets	53,460,660
Accrued expenses	284,345
Deferred tax liabilities	48,775
Deferred revenue	3,574,285
Other current liabilities	47,657,117
Other long-term liabilities	106,705
Total liabilities	51,671,227
Net assets acquired, excluding goodwill	1,789,433
Goodwill	4,968,703
Purchase consideration for accounting acquiree	$ 6,758,137

Schedule of Fair Value Assumpti

Schedule of Fair Value Assumption Asset (Details)	Mar. 31, 2023 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 2,390,000
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 1,550,000
Weighted average useful life years	5 years
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 640,000
Weighted average useful life years	6 years
Technology-Based Intangible Assets [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 200,000
Weighted average useful life years	5 years

Schedule of Business Acquisitio

Schedule of Business Acquisition Pro Forma Information (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares
Business Combination and Asset Acquisition [Abstract]
Revenues	$ 2,853,636
Loss from continuing operations	(7,397,148)
Less: dividends accrued on series B preferred stock	(3,595)
Net loss from continuing operations available to ordinary shareholders	(7,400,743)
Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders	(108,000)
Net loss available to ordinary shareholders	$ (7,508,743)
Net loss from continuing operations per share | $ / shares	$ (3.18)
Net loss from discontinued operations per share | $ / shares	(0.05)
Net loss per share | $ / shares	$ (3.23)

Acquisitions (Details Narrative

Acquisitions (Details Narrative) - USD ($)		3 Months Ended
	Dec. 22, 2022	Mar. 31, 2022	May 10, 2023	Mar. 31, 2023	Dec. 31, 2022
Stockholders equity other shares	889,380
Debt purchase consideration	$ 5,387,850
Share price	$ 2.90		$ 1	$ 1
Warrants and rights outstanding					$ 1,267,199
Line of credit				$ 4,613,151	4,120,651
Transaction costs					$ 83,866
Cost, Amortization		$ 36,667
Common Stock [Member]
Number of shares issued	431,926
Number of shares issued	40,586
Shares issued					472,513

Line of Credit (Details Narrati

Line of Credit (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Feb. 13, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Variable rate	8.75%
Line of credit	$ 5,000,000
Outstanding amount	4,613,151
Debt issuance costs	$ 7,500
Revolving Credit Agreement {Member}
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Variable rate	8.50%
Convertible notes payable			$ 7,000,000
Debt issuance costs	$ 7,500

Schedule of Debt (Details)

Schedule of Debt (Details)	Mar. 31, 2023 USD ($)
Note Payable – Bank, $3,250,000 principle, secured by assets of FCAC	$ 7,000,000
Total	3,719,339
Less unamortized debt issuance costs	17,375
Less current portion	1,030,802
Long-term debt	2,671,162
Sports Hub Acquisition {Member}
Note Payable – Bank, $3,250,000 principle, secured by assets of FCAC	1,169,629
Four Cubed Acquisition Company LLC {Member}
Note Payable – Bank, $3,250,000 principle, secured by assets of FCAC	$ 2,549,710

Schedule of Debt (Details) (Par

Schedule of Debt (Details) (Paranthetical) - USD ($)	Mar. 31, 2023	Feb. 13, 2023	Mar. 31, 2022
Debt face amount	$ 4,400,000	$ 4,400,000	$ 119,707
Sports Hub Acquition [Member]
Debt face amount	2,000,000
Four Cubed Acquisition Company LLC {Member}
Debt face amount	$ 3,250,000

Schedule of Outstanding amount

Schedule of Outstanding amount Of debt (Details)	Mar. 31, 2023 USD ($)
Debt Disclosure [Abstract]
2023	$ 768,231
2024	1,070,034
2025	1,118,514
2026	700,256
2027	62,304
Total	$ 3,719,339

Debt (Details Narrative)

Debt (Details Narrative) - USD ($)			3 Months Ended
	Jan. 31, 2022	Dec. 23, 2021	Mar. 31, 2023	Feb. 13, 2023	Mar. 31, 2022
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Debt interest rate				10%
Debt face amount			$ 4,400,000	$ 4,400,000	$ 119,707
Debt carry amount			179,561
Debt term loan			2,549,710
Debt periodic payment			626,549
Debt term loan amount			3,719,339
Debt interest rate		12%
Interest payable			43,362
Term Loan Agreement {Member}
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payments for loans	$ 3,250,000
Debt interest rate	4%
Debt face amount	$ 59,854		97,644
Loan initiation fees	$ 25,431		29,975
Debt carry amount			1,169,629
Debt periodic payment			404,253
Debt term loan amount			$ 2,000,000
Debt interest rate			5.50%
Fixed monthly payment, consisting of principal and interest			$ 38,202
Maturity date			Dec. 09, 2025
Interest payable			$ 16,962

Summary of the Convertible Debe

Summary of the Convertible Debenture recorded at fair value (Details) - USD ($)	Mar. 31, 2023	Feb. 13, 2023	Dec. 31, 2022	Mar. 31, 2022
Short-Term Debt [Line Items]
Principle amount of convertible debenture at issuance:	$ 4,400,000	$ 4,400,000		$ 119,707
Unamortized discount for warrants	1,125,303
Unamortized discount for OID	383,333
Balance of convertible debenture as of March 31, 2023:	3,146,593
Accrued interest on convertible debenture included in Accounts payable and accrued expenses as of March 31, 2023:	43,362
Changes Measurement [Member]
Short-Term Debt [Line Items]
Change in fair value	$ (255,229)

Convertible Debenture and War_3

Convertible Debenture and Warrant (Details Narrative) - USD ($)			2 Months Ended	3 Months Ended
	Nov. 01, 2023	Feb. 15, 2023	Mar. 31, 2023	Mar. 31, 2023	Mar. 31, 2022	Feb. 14, 2023	Feb. 13, 2023
Debt Instrument [Line Items]
Debt instrument interest rate stated percentage							10%
Principal amount			$ 4,400,000	$ 4,400,000	$ 119,707		$ 4,400,000
Long term debt			3,719,339	3,719,339
initial debt discount						$ 383,333
Change in fair value of the convertible debenture			$ (255,229)	(255,229)
Class of warrant exercise price						$ 45
Debt discount				1,174,229
Amortization of Debt Discount (Premium)				$ 65,592
Warrant [Member]
Debt Instrument [Line Items]
Purchase of warrant		$ 880,000
Warrant exercise price		$ 8.75
Original issue underlying excess rate		19.99%
Initial conversion price per share		$ 8.75
Class of warrant exercise price		$ 4.1772
Beneficial ownership percentage		9.99%
Senior Convertible Debenture [Member]
Debt Instrument [Line Items]
Debt instrument interest rate stated percentage						8%
Debt instrument interest rate effective percentage						10%
Principal amount		$ 4,000,000				$ 4,400,000
Convertible conversion price1						$ 7
Long term debt						$ 7
Reset price						$ 4.1772
Senior Convertible Debenture [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Debt instrument accrued interest	$ 209,524
Debt conversion description	The Monthly Redemption Amount will be paid in cash; provided, that the Company may elect to pay all or a portion of a Monthly Redemption Amount in ordinary shares of the Company, based on a conversion price equal to the lesser of (i) the then Conversion Price of the Debenture and (ii) 80% of the average of the VWAPs (as defined in the Debenture) for the five consecutive trading days ending on the trading day that is immediately prior to the applicable Monthly Redemption Date.
Debt instrument description	The Debenture initially accrues interest at the rate of 8% per annum for the first 12 months from the February 15, 2023, at the rate of 10% per annum for the ensuing 12 months, and thereafter until Maturity, at the rate of 12%, Interest may be paid in cash or ordinary shares of the Company or a combination thereof at the option of the Company; provided that interest may only be paid in shares if the Equity Conditions (as defined in the Debenture) have been satisfied, including Shareholder Approval. The Debenture includes a beneficial ownership blocker of 9.99%.

Schedule of consolidated financ

Schedule of consolidated financial assets and liabilities measured at fair value (Details)	Mar. 31, 2023 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level III	$ 1,174,229
Total	1,174,229
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level III
Total
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level III
Total
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Level III	1,174,229
Total	$ 1,174,229

Significant Unobservable Inputs

Significant Unobservable Inputs (level 3) and the Related Expenses and Losses (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, December 31, 2022
Issuance of convertible debenture		$ 2,532,345
Fair Value, March 31, 2023	3,146,593
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, December 31, 2022
Issuance of convertible debenture	2,825,771
Accretion for discount for warrants	48,926
Accretion for discount for OID	16,667
Change in fair value	255,229
Fair Value, March 31, 2023	$ 3,146,593

Schedule of CCC Spreads (Detail

Schedule of CCC Spreads (Details) - Measurement Input, Credit Spread [Member]	3 Months Ended
	Mar. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Issuance February 14, 2023	4.13%
Fair Value March 31, 2023	2.29%

Fair Value (Details Narrative)

Fair Value (Details Narrative)	3 Months Ended
	Mar. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debt instrument discount rate	75.28%
Measurement Input, Share Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	3.80
Measurement Input, Exercise Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	8.75
[custom:WarrantsEstimated-0]	2 years 10 months 24 days
Measurement Input, Expected Dividend Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0.0377
Measurement Input, Option Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0.526

Convertible Preferred Stock (De

Convertible Preferred Stock (Details Narrative) - USD ($)							3 Months Ended
	Jul. 27, 2022	Dec. 23, 2021	Jul. 27, 2021	Jul. 26, 2021	Jun. 15, 2021	Dec. 23, 2020	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Interest Rate During Period		12%
Series A Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Preferred Stock, Dividend Rate, Percentage							999%
Temporary Equity, Par or Stated Value Per Share						$ 100
Debt Instrument, Convertible, Conversion Price							$ 21.1693
Series A-1 Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Preferred Stock, Dividend Rate, Percentage							9.99%
Preferred Stock, Shares Authorized							260,000	260,000
Preferred Stock, Par or Stated Value Per Share							$ 0.20	$ 0.20
Number of share exchange value			369,286
Series A-1 Preferred Stock [Member] | MTS Merger [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion				193,195
Shares, Outstanding							6,880		6,630
Series B Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Preferred Stock, Dividend Rate, Percentage				9.99%
Debt Instrument, Convertible, Conversion Price				$ 21.693
Preferred Stock, Shares Authorized							370,000	370,000
Preferred Stock, Par or Stated Value Per Share							$ 0.20	$ 0.20
Series B Preferred Stock [Member] | MTS Merger [Member]
Defined Benefit Plan Disclosure [Line Items]
Convertible Preferred Stock, Shares Issued upon Conversion				356,805
Shares, Outstanding							12,481		12,481
SeriesB Convertible Preferred Stock {Member}
Defined Benefit Plan Disclosure [Line Items]
Preferred Stock, Shares Authorized				276,582
Preferred Stock, Par or Stated Value Per Share				$ 0.10
First Tranche [Member] | Convertible Preferred Stock Of Eight Percentage [Member]
Defined Benefit Plan Disclosure [Line Items]
Stock Dividends, Shares						900
Preferred Stock, Dividend Rate, Percentage						8%
Preferred Stock, No Par Value						$ 0.10
Preferred Stock, Convertible, Shares Issuable						415,000
First Tranche [Member] | Series A Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Stock Issued During Period, Shares, New Issues						200
Stock Issued During Period, Value, New Issues						$ 2,000,000
First Tranche [Member] | Convertible Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Preferred Stock, Dividend Rate, Percentage						800%
Second Tranche [Member] | Series A Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Sale of Stock, Consideration Received on Transaction					$ 6,000,000	$ 5,000,000
Sale of Stock, Number of Shares Issued in Transaction					276,582
Number of shares exchanged				123,096
Second Tranche [Member] | Series A-1 Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Debt Instrument, Convertible, Conversion Price				$ 21.693
Debt Instrument, Interest Rate During Period	12%
Line of Credit Facility, Commitment Fee Percentage					3%
Preferred Stock, Shares Authorized				52,502
Preferred Stock, Par or Stated Value Per Share				$ 0.10
Number of share exchange value			70,099
Second Tranche [Member] | Series B Preferred Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Sale of Stock, Number of Shares Issued in Transaction					6,000,000
Conversion of Stock, Amount Issued			$ 6,000,000
First And Second Tranche [Member]
Defined Benefit Plan Disclosure [Line Items]
Commitment fee							shall issue preferred stock equal to the greater of either 15% of the aggregate of the First and Second Tranche or 3% of the Company’s issued and outstanding capital

Schedule of Warrant Activity (D

Schedule of Warrant Activity (Details) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Guarantees and Product Warranties [Abstract]
Number of shares outstanding beginning	464,046
Weighted average exercise price per share beginning	$ 0.72
Weighted average Remaining life years ending	4 years 1 month 17 days	2 years 11 months 15 days
Number of shares outstanding previously issued regular warrants	(266,667)
Weighted average exercise price per share previously issued regular warrants	$ (8.93)
Weighted average Remaining life years previously issued regular warrants	6 months 7 days
Number of shares outstanding revalued regular warrants	266,667
Weighted average exercise price per share revalued regular warrants	$ 0.12
Weighted average Remaining life years revalued regular warrants	6 months 7 days
Number of shares outstanding issued and vested	880,000
Weighted average exercise price per share issued and vested	$ 2.68
Weighted average Remaining life years issued and vested	3 years 2 months 12 days
Number of shares outstanding ending	1,344,046	464,046
Weighted average exercise price per share ending	$ 2.93	$ 0.72

Warrants (Details Narrative)

Warrants (Details Narrative)	Feb. 15, 2023 USD ($) $ / shares	Feb. 14, 2023 $ / shares	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Nov. 19, 2021 USD ($)
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 45
Additional Paid in Capital | $			$ 77,365,818	$ 76,039,604
Measurement Input, Share Price [Member]
Warrants and Rights Outstanding, Measurement Input			3.80
Measurement Input, Exercise Price [Member]
Warrants and Rights Outstanding, Measurement Input			8.75
Measurement Input, Risk Free Interest Rate [Member]
Warrants and Rights Outstanding, Measurement Input			0.0377
Warrant [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 4.1772
Additional Paid in Capital | $					$ 11,435
Fair Value Adjustment of Warrants | $	$ 1,218,205
Increase (Decrease) in Fair Value of Hedged Item in Price Risk Fair Value Hedge | $	$ 1,206,771
Warrant [Member] | Fair Value, Inputs, Level 3 [Member]
Warrants and Rights Outstanding, Term		2 years 10 months 24 days
Warrant [Member] | Measurement Input, Share Price [Member]
Warrants and Rights Outstanding, Measurement Input		5.10
Warrant [Member] | Measurement Input, Exercise Price [Member]
Warrants and Rights Outstanding, Measurement Input		0.60
Warrant [Member] | Measurement Input Dividend Yield [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate		0%
Warrant [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrants and Rights Outstanding, Measurement Input		4.04
Warrant [Member] | Measurement Input, Price Volatility [Member]
Warrants and Rights Outstanding, Measurement Input		52.57
Warrant [Member] | Maximum [Member]
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.60

Schedule of Fair Values of Stoc

Schedule of Fair Values of Stock Options Granted Using Black-scholes Valuation Model Assumptions (Details)	3 Months Ended
	Mar. 31, 2023
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected volatility	53.60%
Expected dividends	0%
Expected term (years)	5 years 9 months 18 days
Risk free interest rate	3.90%
Expected stock price volatility	1.70%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected volatility	53.60%
Expected term (years)	5 years 10 months 24 days
Risk free interest rate	4.10%
Expected stock price volatility	2.70%

Schedule of Stock Option Activi

Schedule of Stock Option Activity (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares shares
Retirement Benefits [Abstract]
Number of shares, Beginning Balance	288,912
Weighted average exercise price, Beginning Balance | $ / shares	$ 1.14
Number of shares, Beginning Balance	152,250
Weighted average exercise price, Beginning Balance | $ / shares	$ 4.50
Number of shares, Beginning Balance
Weighted average exercise price, Beginning Balance | $ / shares
Number of shares, Beginning Balance	(7,111)
Number of shares, Beginning Balance	(889)
Number of shares, Ending Balance	433,162
Weighted average exercise price, Ending Balance | $ / shares	$ 9.10
Weighted average remaining contractual term	9 years 3 months 18 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value | $	$ 9,500
Number of shares, Beginning Balance	111,497
Weighted average exercise price, Beginning Balance | $ / shares	$ 13.40
Weighted average remaining contractual term, Exercisable	8 years 7 months 6 days
[custom:SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableOutstandingWeightedAverageRemainingContractualTerm2-2] | $	$ 9,500

Stock Compensation (Details Nar

Stock Compensation (Details Narrative)	3 Months Ended
	Mar. 31, 2023 USD ($) shares
Retirement Benefits [Abstract]
Shares granted | shares	152,250
Unamortized stock compensation expense | $	$ 1,204,968

Schedule of Companies Reportabl

Schedule of Companies Reportable Segments (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue from External Customer [Line Items]
Revenue	$ 3,390,391	$ 1,896,335
Cost of revenues	2,046,750	1,268,902
Income (loss) from operations	(2,327,776)	(6,928,459)
Loss from discontinued operations	(145,000)	(108,000)
Net income (loss)	(2,823,746)	(7,044,529)
Affiliate Marketing Services United States [Member]
Revenue from External Customer [Line Items]
Revenue	279,776	61,522
Cost of revenues	215,456	21,913
Income (loss) from operations	(2,245,493)	(2,222,648)
Loss from discontinued operations
Net income (loss)	(2,718,941)	(2,210,334)
Affiliate Marketing Services International [Member]
Revenue from External Customer [Line Items]
Revenue	1,008,275	923,750
Cost of revenues	667,906	529,412
Income (loss) from operations	135,085	(4,802,701)
Loss from discontinued operations
Net income (loss)	106,605	(4,823,085)
Sports Gaming Client Services {Member}
Revenue from External Customer [Line Items]
Revenue	1,065,015	911,063
Cost of revenues	766,878	717,577
Income (loss) from operations	209,511	96,890
Loss from discontinued operations
Net income (loss)	209,511	96,890
Sports Hub Gaming Network [Member]
Revenue from External Customer [Line Items]
Revenue	1,037,325
Cost of revenues	396,510
Income (loss) from operations	(426,879)
Loss from discontinued operations
Net income (loss)	(275,921)
Enterprise TEM [Member]
Revenue from External Customer [Line Items]
Revenue
Cost of revenues
Income (loss) from operations
Loss from discontinued operations	(145,000)	(108,000)
Net income (loss)	$ (145,000)	$ (108,000)

Schedule of revenues by country

Schedule of revenues by country (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenue from External Customer [Line Items]
Revenue	$ 3,390,391	$ 1,896,335
UNITED STATES
Revenue from External Customer [Line Items]
Revenue	2,382,116	972,585
Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue	1,008,275	923,750
Affiliate Marketing Services United States [Member]
Revenue from External Customer [Line Items]
Revenue	279,776	61,522
Affiliate Marketing Services United States [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Revenue	279,776	61,522
Affiliate Marketing Services United States [Member] | Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue
Affiliate Marketing Services International [Member]
Revenue from External Customer [Line Items]
Revenue	1,008,275	923,750
Affiliate Marketing Services International [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Revenue
Affiliate Marketing Services International [Member] | Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue	1,008,275	923,750
Sports Gaming Client Services {Member}
Revenue from External Customer [Line Items]
Revenue	1,065,015	911,063
Sports Gaming Client Services {Member} | UNITED STATES
Revenue from External Customer [Line Items]
Revenue	1,065,015	911,063
Sports Gaming Client Services {Member} | Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue
Sports Hub Gaming Network [Member]
Revenue from External Customer [Line Items]
Revenue	1,037,325
Sports Hub Gaming Network [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Revenue	1,037,325
Sports Hub Gaming Network [Member] | Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue
Enterprise TEM [Member]
Revenue from External Customer [Line Items]
Revenue
Enterprise TEM [Member] | UNITED STATES
Revenue from External Customer [Line Items]
Revenue
Enterprise TEM [Member] | Rest Of World [Member]
Revenue from External Customer [Line Items]
Revenue

Schedule of Percentage of Conso

Schedule of Percentage of Consolidated Revenues Derived From Large Customers (Details) - Customer Concentration Risk [Member] - Revenue Benchmark [Member]	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Customerr A [Member]
Revenue, Major Customer [Line Items]
Revenue	18%	33%
Customer B [Member]
Revenue, Major Customer [Line Items]
Revenue	14%	39%
Customer C [Member]
Revenue, Major Customer [Line Items]
Revenue	13%

Schedule of Revenue Recognition

Schedule of Revenue Recognition (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total	$ 3,390,391	$ 1,896,335
Software Service [Member]
Disaggregation of Revenue [Line Items]
Total	1,120,306	972,585
Fee Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	1,037,325
Services And Other [Member]
Disaggregation of Revenue [Line Items]
Total	1,232,760	923,750
Affiliate Marketing Services US [Member]
Disaggregation of Revenue [Line Items]
Total	279,775	61,522
Affiliate Marketing Services US [Member] | Software Service [Member]
Disaggregation of Revenue [Line Items]
Total	55,291	61,522
Affiliate Marketing Services US [Member] | Fee Revenue [Member]
Disaggregation of Revenue [Line Items]
Total
Affiliate Marketing Services US [Member] | Services And Other [Member]
Disaggregation of Revenue [Line Items]
Total	224,484
Affiliate Marketing Services International [Member]
Disaggregation of Revenue [Line Items]
Total	1,008,276	923,750
Affiliate Marketing Services International [Member] | Software Service [Member]
Disaggregation of Revenue [Line Items]
Total
Affiliate Marketing Services International [Member] | Fee Revenue [Member]
Disaggregation of Revenue [Line Items]
Total
Affiliate Marketing Services International [Member] | Services And Other [Member]
Disaggregation of Revenue [Line Items]
Total	1,008,276	923,750
Sports Gaming Client Services {Member}
Disaggregation of Revenue [Line Items]
Total	1,065,015	911,063
Sports Gaming Client Services {Member} | Software Service [Member]
Disaggregation of Revenue [Line Items]
Total	1,065,015	911,063
Sports Gaming Client Services {Member} | Fee Revenue [Member]
Disaggregation of Revenue [Line Items]
Total
Sports Gaming Client Services {Member} | Services And Other [Member]
Disaggregation of Revenue [Line Items]
Total
Sports Hub Gaming Network [Member]
Disaggregation of Revenue [Line Items]
Total	1,037,325
Sports Hub Gaming Network [Member] | Software Service [Member]
Disaggregation of Revenue [Line Items]
Total
Sports Hub Gaming Network [Member] | Fee Revenue [Member]
Disaggregation of Revenue [Line Items]
Total	1,037,325
Sports Hub Gaming Network [Member] | Services And Other [Member]
Disaggregation of Revenue [Line Items]
Total

Schedule of Revenue Recognized

Schedule of Revenue Recognized point in Time and over Time (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Total	$ 3,390,391	$ 1,896,335
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,550,191	923,750
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,840,200	972,585
Affiliate Marketing Services US [Member]
Disaggregation of Revenue [Line Items]
Total	279,776	61,522
Affiliate Marketing Services US [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	224,485
Affiliate Marketing Services US [Member] | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	55,291	61,522
Affiliate Marketing Services International [Member]
Disaggregation of Revenue [Line Items]
Total	1,008,275	923,750
Affiliate Marketing Services International [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,008,275	923,750
Affiliate Marketing Services International [Member] | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total
Sports Gaming Client Services {Member}
Disaggregation of Revenue [Line Items]
Total	1,065,015	911,063
Sports Gaming Client Services {Member} | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total
Sports Gaming Client Services {Member} | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	1,065,015	911,063
Sports Hub Gaming Network [Member]
Disaggregation of Revenue [Line Items]
Total	1,037,325
Sports Hub Gaming Network [Member] | Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total	317,431
Sports Hub Gaming Network [Member] | Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total	$ 719,894

Schedule of contract assets and

Schedule of contract assets and liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Accounts receivable	$ 1,375,440	$ 776,530
Unbilled revenue	507,091	47,000
Contract assets	227,312	219,116
Contract liabilities	$ (7,729,639)	$ (2,166,451)

Schedule of contract assets (De

Schedule of contract assets (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$ 219,116
Labor and Related Expense	(309,168)
Labor costs deferred	317,364
Contract with Customer, Asset, after Allowance for Credit Loss, Current	$ 227,312

Schedule of contract liabilitie

Schedule of contract liabilities (Details)	3 Months Ended
	Mar. 31, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Beginning balance	$ (2,166,451)
Revenue recognized or reclassified	1,046,604
Deferred revenue	(6,609,792)
Ending balance	$ (7,729,639)

Revenue Recognition (Details Na

Revenue Recognition (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue, Remaining Performance Obligation, Amount	$ 883,000		$ 824,000
Revenues	$ 3,390,391	$ 1,896,335
Revenue Benchmark [Member] | Two Customer [Member] | Customer Concentration Risk [Member]
Disaggregation of Revenue [Line Items]
Concentration risk, percentage	45%	72%
Revenues	$ 696,221	$ 280,526

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Effective income tax rate	0.50%	0%

Summary Reconciliation of Disco

Summary Reconciliation of Discontinued Operations (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues	$ 3,390,391	$ 1,896,335
Cost of Revenues	2,046,750	1,268,902
Gross profit	1,343,641	627,433
Operating Expenses
Selling, general, and administrative expenses	3,671,417	2,829,892
Operating loss	(2,327,776)	(6,928,459)
Total other income and expense	(320,229)	(8,070)
Net loss before income taxes	(2,648,005)	(6,936,529)
Provision for income tax expenses	30,741
Loss from discontinued operations	(145,000)	(108,000)
Discontinued Operations [Member]
Revenues		933,000
Cost of Revenues	8,000	535,000
Gross profit	(8,000)	398,000
Operating Expenses
Selling, general, and administrative expenses	129,000	498,000
Total operating expenses	129,000	498,000
Operating loss	(137,000)	(100,000)
Other Income and Expense	(7,000)	(7,000)
Total other income and expense	(7,000)	(7,000)
Net loss before income taxes	(144,000)	(107,000)
Provision for income tax expenses	1,000	1,000
Loss from discontinued operations	$ (145,000)	$ (108,000)

Schedule of major classes of as

Schedule of major classes of assets and liabilities (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Current Assets
Cash	$ 28,830,217	$ 39,324,529	$ 7,190,300
Accounts receivable, net of allowance	1,375,440	776,530
Prepaid expenses and other current assets	1,138,827	744,275
Equipment, net	52,022	60,218
Total current assets	48,897,981	53,910,565
Current Liabilities
Contract liabilities	7,729,639	2,166,451
Total current liabilities	55,692,378	58,911,033
Discontinued Operations [Member]
Current Assets
Cash	313,000	648,000
Accounts receivable, net of allowance	79,000	191,000
Prepaid expenses and other current assets	155,000	187,000
Equipment, net	3,000	5,000
Other Assets		279,000
Total current assets	550,000	1,310,000
Current Liabilities
Accrued expenses	57,573	374,879
Contract liabilities	2,000	2,000
Other current liabilities	625,927	838,274
Total current liabilities	$ 685,500	$ 1,215,153

Schedule of Loss Per Share and

Schedule of Loss Per Share and Weighted-average (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Less: dividends on series B preferred stock	$ (2,678,746)	$ (6,936,529)
Net loss from continuing operations available to ordinary shareholders	(2,679,695)	(6,940,124)
Net income (loss) from discontinued operations, net of tax, available to ordinary shareholders	(145,000)	(108,000)
Total Numerator for basic and diluted net loss per share	$ (2,824,695)	$ (7,048,124)
Basic and diluted weighted-average shares outstanding	2,813,900	2,361,974
Basic and diluted:
Net loss from continuing operations per share	$ (0.95)	$ (2.94)
Net income (loss) from discontinued operations per share	(0.05)	(0.05)
Net loss per share	$ (1)	$ (2.99)
Preferred Stock [Member] | Series B Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Less: dividends on series B preferred stock	$ (949)	$ (3,595)

Schedule of Computation of Dilu

Schedule of Computation of Diluted Shares Outstanding (Details) - shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	1,732,882	595,056
Total	1,732,882	595,056
Stock Options [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	433,162	176,335
Total	433,162	176,335
Preferred Stock [Member] | Series A-1 Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	6,880	5,881
Total	6,880	5,881
Preferred Stock [Member] | Series B Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	12,481	12,481
Total	12,481	12,481
MTS Warrants [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	8,333	8,333
Total	8,333	8,333
Predunded Warrants [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	125,359	125,359
Total	125,359	125,359
Purchase Warrants [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	880,000
Total	880,000
Regular Warrants [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Regular warrants	266,667	266,667
Total	266,667	266,667

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Rent expense	$ 9,600	$ 9,600
Board of Directors Chairman [Member]
Deferred Compensation Arrangement with Individual, Excluding Share-Based Payments and Postretirement Benefits [Line Items]
Related party costs	$ 381,935	$ 305,669

Subsequent Events (Details Narr

Subsequent Events (Details Narrative)		1 Months Ended
	Apr. 25, 2023 $ / shares shares	May 09, 2023	May 10, 2023 $ / shares	Apr. 25, 2023 ₪ / shares shares	Apr. 23, 2023 ₪ / shares shares	Apr. 22, 2023 ₪ / shares shares	Mar. 31, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares	Dec. 22, 2022 $ / shares
Subsequent Event [Line Items]
Ordinary share | $ / shares							$ 0.20	$ 0.20
Common stock, shares issued							2,688,541	2,688,541
Common stock, shares outstanding							2,688,541	2,688,541
Common stock shares authorized							9,290,000	9,290,000
Share price | $ / shares			$ 1				$ 1		$ 2.90
Subsequent Event [Member]
Subsequent Event [Line Items]
Reverse stock split	the Company effected a 1-for-10 reverse share split of all of the Company’s share capital, including its ordinary shares, nominal value of NIS 0.06 per share (the “Reverse Stock Split”) and adopted amendments to its M&AA in connection with the Reverse Stock Split	the Company effected a 1-for-10 reverse stock split as a means to cure the bid price deficiency and, for a period of ten consecutive trading days through May 9, 2023, the closing bid price of the Company’s ordinary shares was above $1.00
Ordinary share | $ / shares	$ 1
Common stock, shares issued	26,881,144			26,881,144	26,881,244
Common stock, shares outstanding	26,881,144			26,881,144	26,881,244
Share price | ₪ / shares				₪ 0.06	₪ 0.60	₪ 0.06
Nominal value price | ₪ / shares				₪ 0.60
Subsequent Event [Member] | M And A A [Member]
Subsequent Event [Line Items]
Common stock shares authorized	92,900,000			92,900,000	9,290,000	92,900,000