SharpLink Gaming 10-Q 17 May 24 2024 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2024	May 17, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Mar. 31, 2024
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-41962
Entity Registrant Name	SHARPLINK GAMING, INC.
Entity Central Index Key	0001981535
Entity Tax Identification Number	87-4752260
Entity Incorporation, State or Country Code	DE
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	(612)
Local Phone Number	293-0619
Title of 12(b) Security	Common Stock
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		3,361,608

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash	$ 4,013,838	$ 2,487,481
Accounts receivable, net of allowance for credit losses of $0	364,009	415,119
Unbilled receivables		12,000
Prepaid expenses and other current assets	656,648	383,295
Current assets from discontinued operations	337,060	67,805,379
Total current assets	5,371,555	71,103,274
Equipment, net	8,309	8,792
Intangible assets, net	16,881	168,112
Total assets	5,396,745	71,280,178
Current Liabilities
Accounts payable and accrued expenses	919,890	1,463,699
Due to RSports	56,117
Warrant liability	170,636
Line of credit		6,345,978
Current portion of long-term debt		645,571
Current portion of convertible debenture, net of discount of $0 and $283,335, respectively, warrant discount of $0 and $831,746, respectively, accrued interest of $0 and $299,648, respectively		4,395,753
Current liabilities from discontinued operations	1,397,822	66,396,883
Total current liabilities	2,544,465	79,247,884
Long-Term Liabilities
Deferred tax liability		7,155
Debt, less current portion		1,424,908
Total liabilities	2,544,465	80,679,947
Commitments and Contingencies
Stockholders’ Equity
Common stock, $0.001 par value; authorized shares 100,000,000; issued and outstanding shares: 3,361,608 and 2,863,734, respectively	336	572,770
Treasury stock, 90 common shares at cost	(29,000)	(29,000)
Additional paid-in capital	78,439,164	77,909,981
Accumulated deficit	(75,558,222)	(87,857,456)
Total stockholders’ equity (deficit)	2,852,280	(9,399,769)
Total liabilities and stockholders’ equity	5,396,745	71,280,178
Series A-1 Preferred Stock [Member]
Stockholders’ Equity
Preferred stock, value	1	1,440
Series B Preferred Stock [Member]
Stockholders’ Equity
Preferred stock, value	$ 1	$ 2,496

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Accounts receivable, allowance for credit loss	$ 0	$ 0
Convertible debt, net of discount	0	283,335
Warrant discount	0	831,746
Accrued interest	$ 0	$ 299,648
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	3,361,608	2,863,734
Common stock, shares outstanding	3,361,608	2,863,734
Treasury stock, shares	90	90
Series A-1 Preferred Stock [Member]
Preferred stock par value	$ 0.0001	$ 0.0001
Preferred stock, par authorized	260,000	260,000
Preferred stock, shares issued	7,202	7,202
Preferred stock, shares outstanding	7,202	7,202
Liquidation preference, value	$ 116,997	$ 116,997
Series B Preferred Stock [Member]
Preferred stock par value	$ 0.0001	$ 0.0001
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	$ 529,122	$ 529,122

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 975,946	$ 1,232,761
Cost of revenues	688,734	842,682
Gross profit	287,212	390,079
Operating expenses
Selling, general, and administrative expenses	1,972,075	2,045,334
Operating loss	(1,684,863)	(1,655,255)
Other income and expense
Interest income	16,097	5,813
Interest expense	(324,194)	(223,870)
Change in fair value of convertible debenture and warrant liabilities	237,823	(255,229)
Total other income (expense)	(70,274)	(473,286)
Net loss before income taxes	(1,755,137)	(2,128,541)
Income tax (expense)	(5,674)	(28,642)
Net loss from continuing operations	(1,760,811)	(2,157,183)
Net income (loss) from discontinued operations, net of tax	14,111,167	(666,563)
Net income (loss)	12,350,356	(2,823,746)
Share-Based Payment Arrangement, Recognized Amount [Abstract]
Net loss from continuing operations available to ordinary shareholders Basic	(1,805,430)	(2,158,132)
Net loss from continuing operations available to ordinary shareholders Diluted	(1,805,430)	(2,158,132)
Net loss from discontinued operations available to ordinary shareholders Basic	14,111,167	(666,563)
Net loss from discontinued operations available to ordinary shareholders diluted	14,111,167	(666,563)
Total Numerator for basic net loss per share	12,305,737	(2,824,695)
Total Numerator for diluted net loss per share	$ 12,305,737	$ (2,824,695)
Denominator for net loss per share:
Basic weighted average shares for continuing and discontinued operations	3,109,670	2,813,900
Diluted weighted average shares for discontinued operations	3,581,730	2,813,900
Net earnings (loss) per share:
Net loss from continuing operations per share - basic	$ (0.58)	$ (0.77)
Net income (loss) from discontinued operations per share – basic	4.54	(0.24)
Net income (loss) per share - basic	3.96	(1.01)
Net loss from continuing operations per share - diluted	(0.58)	(0.77)
Net income (loss) from discontinued operations per share – diluted	3.94	(0.24)
Net income (loss) per share - diluted	$ 3.36	$ (1.01)

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (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
Balance at Dec. 31, 2022	$ 537,731	$ 1,326	$ 2,496	$ 76,039,605	$ (29,000)	$ (73,565,641)	$ 2,986,517
Balance, shares at Dec. 31, 2022	2,688,541	6,630	12,481
Net income						(2,823,746)	(2,823,746)
Warrant exchange agreement, issuance of pre-funded warrants– Note 8				1,174,229			1,174,229
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
Issuance of common stock for exercise of warrants - Note 8, shares
Balance at Mar. 31, 2023	$ 537,731	$ 1,326	$ 2,496	77,365,818	(29,000)	(76,389,387)	$ 1,489,034
Balance, shares at Mar. 31, 2023	2,688,541	6,880	12,481
Balance at Dec. 31, 2022	$ 537,731	$ 1,326	$ 2,496	76,039,605	(29,000)	(73,565,641)	2,986,517
Balance, shares at Dec. 31, 2022	2,688,541	6,630	12,481
Warrant exchange agreement, issuance of pre-funded warrants– Note 8							1,174,229
Balance at Dec. 31, 2023	$ 572,770	$ 1,440	$ 2,496	77,909,981	(29,000)	(87,857,456)	(9,399,769)
Balance, shares at Dec. 31, 2023	2,863,734	7,202	12,481
Net income						12,350,356	12,350,356
Warrant exchange agreement, issuance of pre-funded warrants– Note 8				287,150			287,150
Stock-based compensation expense				42,152			42,152
Domestication equity adjustment – Note 1	(572,476)	(1,439)	(2,495)	576,410
Stock issued for vested restricted stock				108,000			108,000
Stock issued for vested restricted stock, shares	75,000
Issuance of common stock for exchange of warrants	$ 27			159,973			160,000
Issuance of common stock for exchange of warrants, shares	266,667
Warrant settlement agreement – Note 8				(900,000)			(900,000)
Issuance of common stock for exercise of warrants – Note 8	$ 15			210,879		(6,503)	$ 204,391
Issuance of common stock for exercise of warrants - Note 8, shares	156,207
Warrant exchange agreement – deemed dividend – Note 8				44,619		(44,619)
Balance at Mar. 31, 2024	$ 336	$ 1	$ 1	$ 78,439,164	$ (29,000)	$ (75,558,222)	$ 2,852,280
Balance, shares at Mar. 31, 2024	3,361,608	7,202	12,481

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		11 Months Ended	12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 12,350,356	$ (2,823,746)
Net income (loss) from discontinued operations, net of tax	14,111,167	(666,563)
Net loss from continuing operations	(1,760,811)	(2,157,183)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	3,433	54,368
Amortization of loan costs		1,961
Amortization of debt discount	71,781	65,592	$ 16,667
Amortization of prepaid stock issued for services		43,000
Change in fair value	(237,823)	255,229
Deferred tax expense	(7,155)	(68,431)
Stock-based compensation expense	30,110	95,842
Changes in assets and liabilities
Accounts receivable	63,110	(14,866)
Unbilled receivables		493
Prepaid expenses and other current assets	(131,822)	(154,121)
Accounts payable and accrued expenses	(879,466)	(671,109)
Net cash provided by (used in) operating activities – continuing operations	(2,848,643)	(2,549,225)
Net cash used in operating activities - discontinued operations	(16,446,314)	(12,418,545)
Net cash provided by (used in) for investing activities	(19,294,957)	(14,967,770)
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures for equipment	(1,719)	(1,833)
Capital expenditures for internally developed software		(121,727)
Proceeds from sale of intellectual property
Net cash used in investing activities – continuing operations	(1,719)	(123,560)
Net cash used in investing activities - discontinued operations	(18,707,834)	(117,567)
Net cash used for investing activities	(18,709,553)	(241,127)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from convertible debenture and purchase warrants		4,000,000
Proceeds from line of credit	550,000
Repayment of convertible debenture	(4,148,571)
Repayment of line of credit	(6,900,000)
Payments on long-term debt	(2,070,479)	(160,542)
Proceeds from exercise of warrants	160,000
Net cash generated by (used in) financing activities – continuing operations	(12,409,050)	3,839,458
Net cash generated by financing activities - discontinued operations	(5,835,352)	402,429
Net cash generated by (used in) financing activities	(18,244,402)	4,241,887
Net change in cash	(56,248,912)	(10,967,010)
Cash and restricted cash, beginning of period including discontinued operations	60,441,130	51,083,486		$ 51,083,486
Cash and restricted cash, end of period including discontinued operations	4,192,218	40,116,476	$ 60,441,130	$ 60,441,130
Less cash from discontinued operations	(178,380)	(37,983,464)
Cash and restricted cash, end of period	4,013,838	2,133,012
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest	485,531	109,165
Cash paid for taxes	86,320	19,916
NON-CASH FINANCING ACTIVITIES:
Settlement agreement, liability issued for warrants	(900,000)
Issuance of common stock in exchange of warrants	210,879
Issuance of common stock for vested RSUs	108,000
Deemed Dividend	44,619
Warrant exchange agreement, issuance of pre-funded warrants	287,150
Discount on convertible debenture and purchase warrant		1,574,229
Dividends on Series B preferred stock in Series A-1 preferred stock		$ 949

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by SharpLink Gaming, Inc. (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, 2024 and December 31, 2023, as well as its results of operations and cash flows for the three months ended March 31, 2024 and 2023. The condensed consolidated balance sheet as of December 31, 2023 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. These condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto for the year ended December 31, 2023, which are included in the Company’s Annual Report on Form 10-K filed with the SEC on March 29, 2024. Nature of Business The Company is a Delaware corporation. SharpLink is an online performance marketing company that delivers unique fan activation solutions to its sportsbook and casino partners. Through its global affiliate marketing network, known as PAS.net, SharpLink drives qualified traffic and player acquisitions, retention and conversions to U.S. regulated sportsbooks and global casino gaming partners worldwide. In addition, SharpLink owns a performance marketing platform through which the Company owns and operates state-specific web domains designed to attract, acquire and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. Prior to the sale of SharpLink’s Sports Gaming Client Services and SportsHub Gaming Network (“SHGN”) business units in January 2024 to RSports Interactive, Inc. (“RSports”), a Minnesota corporation, (the “Sale of Business”), the SHGN unit owned and operated an online gaming business that primarily facilitated daily and seasonal peer-to-peer fantasy contests for its end users. The SHGN business unit also operated a website that provided 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. SharpLink’s Sports Gaming Client Services game development business was engaged in the provision of fantasy and free-to-play sports game and mobile app development services to a marquis list of customers, which included several of the biggest names in sports and sports betting, including Turner Sports, NBA, NFL, PGA TOUR, NASCAR and BetMGM, among others. On January 18, 2024, the Company entered into a Purchase Agreement (the “PA”) with RSports to sell the Company’s Sports Gaming Client Services and SHGN business units. See Note 3 On February 13, 2024, SharpLink Gaming Ltd. (“SharpLink Israel” and former parent company) completed its previously announced domestication merger (“Domestication Merger”), pursuant to the terms and conditions set forth in an Agreement and Plan of Merger (the “Domestication Merger Agreement”), dated June 14, 2023 and amended July 24, 2023, among SharpLink Israel, SharpLink Merger Sub Ltd., an Israeli company and a wholly owned subsidiary of SharpLink Gaming, Inc. (“Domestication Merger Sub”) and SharpLink Gaming, Inc. (“SharpLink US”). The Domestication Merger was achieved through a merger of Domestication Merger Sub Ltd. with and into SharpLink Israel, with SharpLink Israel surviving the merger and becoming a wholly owned subsidiary of SharpLink US. The Domestication Merger was approved by the shareholders of SharpLink Israel at an extraordinary special meeting of shareholders held on December 6, 2023. SharpLink US’s Common Stock commenced trading on the Nasdaq Capital Market under the same ticker symbol, SBET, on February 14, 2024. As a result of the Domestication Merger, all SharpLink Israel ordinary shares outstanding immediately prior to the Domestication Merger automatically converted, on a one-for-one basis, into the right to receive, and become exchangeable for, shares of SharpLink US common stock, par value $ 0.0001 The following represents the change in the par value based on the outstanding ordinary and preferred shares to common and preferred stock after the redomestication on February 13, 2024: Schedule of Expected Change in Par Value Ordinary Shares Par value for ordinary shares at $ 0.20 $ 572,770 Par value for common stock at $ 0.0001 294 Net change in par value — will be reflected in additional paid-in capital $ 572,476 Preferred Shares Par value for Series A-1 preferred stock at $ 0.20 $ 1,440 Par value for Series A-1 preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 1,439 Par value for Series B preferred stock at $ 0.20 2,496 Par value for preferred stock at $ 0.20 2,496 Par value for Series B preferred stock at $ 0.0001 1 Par value for preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 2,495 Principles of Consolidation The accompanying consolidated financial statements include the accounts of SharpLink Gaming, Inc. and its wholly owned subsidiaries. All intercompany accounts and transactions between consolidated subsidiaries have been eliminated in consolidation. We operate in two reportable segments. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker (“CODM”), as well as our Chief Executive Officer, allocates resources and assesses performance based upon discrete financial information at the segment level. Reclassifications Certain amounts in prior periods have been reclassified to reflect the impact of the discontinued operations treatment in order to conform to the current period presentation. See Note 4. Functional Currency The Company’s functional and reporting currency is the U.S. dollar. Transactions in foreign currencies are recorded at the exchange rate prevailing on the date of the transaction. The resulting monetary assets and liabilities are translated into U.S. dollars at exchange rates prevailing on the subsequent balance sheet date. Revenue and expense components are translated to U.S. dollars at weighted-average exchange rates in effect during the period. Foreign currency transaction gains and losses resulting from remeasurement are recognized in other income and expenses within the consolidated statements of operations. Reverse Share 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 0.02 9,290,000 0.60 0.20 Discontinued Operations In June 2022, the Company’s Board of Directors approved management to enter into negotiations to sell Israel-based Mer Telemanagement Solutions Ltd. (“MTS” or “Enterprise TEM”). The Company completed the sale of MTS on 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, 2024 and December 31, 2023. The results of operations and cash flows of MTS for all periods are separately reported as discontinued operations. In December 2023, the Company’s Board of Directors approved management to enter into a Letter of Intent with RSports for RSports to purchase the Company’s Sports Gaming Client Services and SportsHub Gaming Network businesses. In December 2023, the Company discontinued its C4 technology due to the lack of market acceptance. C4 technology centered on cost effectively monetizing our own and our customers’ respective online audiences of U.S. fantasy sports and casual sports fans and casino gaming enthusiasts by converting them into loyal online sports and iGaming bettors. On January 18, 2024, the Company entered into a PA with RSports to sell the Company’s Sports Gaming Client Services and SHGN business units to RSports. All of the membership interests of Sports Technologies, LLC, a Minnesota limited liability company, Holdings Quinn, LLC, a Delaware limited liability company and SHGN who owns all of the issued membership interests in SportsHub Reserve, LLC, (“SHReserve”), a Minnesota limited liability company; SportsHub PA, LLC, (“SHPA”), a Pennsylvania limited liability company, and SportsHub Holdings, LLC, (“SHHoldings”), a Minnesota limited liability company, and SportsHub Operations, LLC, (“SHOperations”), a Minnesota limited liability company (SHReserve, SHPA, SHHoldings and SHOperations, collectively, the “SHGN Subsidiaries”) were sold for $ 22,500,000 18,857,834 22,500,000 41,357,834 41,357,834 36,959,573 4,888,704 See Note 3 for an amendment to the PA agreement and 4. The Company has discontinued operations for the Sports Gaming Client Services, SHGN and Enterprise TEM segments. See Note 4. Recently Issued Accounting Pronouncements Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2023-07 – Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. This Accounting Standards Update improves reportable segment disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update require disclosure of significant segment expenses that are regularly provided to the CODM and included within each reported measure of segment profit or loss, require disclosure of other segment items other segment items The Company anticipates the adoption of ASC 280 will not have a material impact on its condensed consolidated financial statements In December 2023, the FASB issued Accounting Standards Update 2023-09 – Income Taxes (Topic ASC 740) Income Taxes. This Accounting Standards Update improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. The amendments in ASU 2023-09 will become effective at the

Going Concern

Going Concern	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	Note 2 – Going Concern During the three months ended March 31, 2024 and 2023, the Company had net loss from continuing operations of $ (1,760,811) and $ (2,157,183) , respectively; and cash used for operating activities from continuing operations of $ (2,848,643) and $ (2,549,225) for the three months ended March 31, 2024 and 2023, respectively. In January 2024, the Company completed the Sale of our Sports Gaming Client Services and SHGN business units for $ 22.5 14,836,625 110 4,484,230 See Note 8 We may need to raise additional capital to fund the Company’s growth and future business operations. We cannot be certain that additional funding will be available on acceptable terms or at all. If we are not able to secure additional funding when needed to support our business growth and to respond to business challenges, track and comply with applicable laws and regulations, develop new technology and services or enhance our existing offering, improve our operating infrastructure, enhance our information security systems to combat changing cyber threats and expand personnel to support our business, we may have to delay or reduce the scope of planned strategic growth initiatives. Moreover, any additional equity financing that we obtain may dilute the ownership held by our existing shareholders. The economic dilution to our shareholders will be significant if our stock price does not materially increase, or if the effective price of any sale is below the price paid by a particular shareholder. Any debt financing could involve substantial restrictions on activities and creditors could seek additional pledges of some or all of our assets. If we fail to obtain additional funding as needed, we may be forced to cease or scale back operations, and our results, financial conditions and stock price would be adversely affected. 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.

Sale of Sports Gaming Client Se

Sale of Sports Gaming Client Services and SHGN	3 Months Ended
	Mar. 31, 2024
Sale Of Sports Gaming Client Services And Shgn
Sale of Sports Gaming Client Services and SHGN	Note 3 – Sale of Sports Gaming Client Services and SHGN On January 18, 2024, SharpLink Israel (“Parent Seller”) and SLG1 Holdings, LLC, a Delaware limited liability company and wholly owned subsidiary of SharpLink (“Subsidiary Seller”), SHGN (“SHGN,” and together with Parent Seller and Subsidiary Seller, the “Seller”), a Delaware corporation and wholly owned subsidiary of SharpLink, entered into a Purchase Agreement (the “PA”) with RSports Interactive, Inc., a Minnesota corporation (“Buyer”). The Subsidiary Seller owns all of the outstanding membership interests of Sports Technologies, LLC, a Minnesota limited liability company, Holdings Quinn, LLC, a Delaware limited liability company and SHGN owns all of the issued membership interests in SHReserve, a Minnesota limited liability company; SHPA, a Pennsylvania limited liability company, and SHHoldings, a Minnesota limited liability company, and SHOperations, a Minnesota limited liability company (collectively referred to as the “Targets”). The PA contemplated the sale of the Company’s Sports Gaming Client Services and SHGN business units to the Buyer, by selling all of the issued and outstanding membership interests of the Targets and the Acquired Subsidiaries for $ 22,500,000 in an all cash transaction SHHoldings LLC owns all of the membership interests in Virtual Fantasy Games Acquisitions, LLC, a Minnesota limited liability company; LeagueSafe Management, LLC, a Minnesota limited liability company and SportsHub Regulatory, LLC, a Minnesota limited liability company. On May 8, 2024, SharpLink entered into an amended and fully restated Post Closing Assignment Agreement with RSports, whereby SharpLink and RSports have agreed to amend the PA to exclude the transfer/sale of SHGN and have agreed to the assignment/sale of the Acquired Subsidiaries membership interests in SHReserve and SHPA to be made directly to RSports upon and subsequent to the approval of a petition by the Pennsylvania Gaming Control Board Further, in connection with the Sale of Business, SharpLink entered into a Post Closing Covenant Agreement (the “PCCA”) with the Buyer defining the post-closing terms and conditions relating to certain transfers and assignments of assets subsequent to the closing of the Sale of Business, including: ● Transferring control of all bank accounts held by the Targets to the Buyer; ● Transferring or cooperating with the application process for all state gaming licenses held by the Targets in connection with the change of control to the Buyer; ● Providing the Buyer with an accounting of all funds due to and from and any deferred revenue between Sports Technologies, LLC, SHGN and SharpLink, Inc.; ● Assigning to Buyer or its affiliates, or cause the counterparty to consent to, all contracts assumed by the Buyer or its affiliates on or subsequent to the closing based upon change of control provisions; and ● Assigning to Buyer or its affiliates all of its intellectual property rights purchased in the PA for the Acquired Subsidiaries or Targets. In accordance with the terms of the PCCA, SharpLink will complete all post-closing covenants following the closing as reasonably possible, with the exception of Seller covenants that are dependent on governmental authorities or governmental orders for completion, in which case it will use diligent, good faith efforts to cause the same to be completed as soon as practical. The $ 14.6 In the statement of cashflows for the three months ended March 31, 2024, the net cash used in investing activities - discontinued operations is due to cash received from the sale of business of $ 22,500,000 41,357,834 41,357,834 36,959,573 4,888,704 During the three months ended March 31, 2024, SharpLink paid RSports $ 34,059 for use of accounting service personnel and RSports paid SharpLink $ 39,957 under the PCCA agreement.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Note 4 – 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. Sale of Sports Gaming Client Services and SHGN As disclosed in Note 3, Sale of MTS 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 closed 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 were separately reported as assets and liabilities from discontinued operations as of March 31, 2024 and March 31, 2023. The results of operations and cash flows of MTS for all periods are separately reported as discontinued operations. In December 2023, the Company discontinued its C4 technology due to the lack of market acceptance. C4 technology centered on cost effectively monetizing our own and our customers’ respective online audiences of U.S. fantasy sports and casual sports fans and casino gaming enthusiasts by converting them into loyal online sports and iGaming bettors. Summary Reconciliation of Discontinued Operations Summary Reconciliation of Discontinued Operations For the Three Months Ended March 31, 2024 For the Three Months Ended March 31, 2023 Revenues $ 398,813 $ 2,157,630 Cost of Revenues 154,491 1,212,068 Gross Profit 244,322 945,562 Operating Expenses Selling, general, and administrative expenses 319,523 1,755,083 Operating Loss (75,201 ) (809,521 ) Interest income 98,161 259,608 Other (expense) income (2,000 ) - Gain on sale of business 14,670,811 - Interest expense (9,027 ) (113,551 ) Total other income and expense 14,757,945 146,057 Income (loss) before income taxes 14,682,744 (663,464 ) Provision for income tax expenses 571,577 3,099 Income (loss) from discontinued operations $ 14,111,167 $ (666,563 ) 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, 2024 and December 31, 2023: Schedule of Major Classes of Assets and Liabilities March 31, December 31, Carrying amounts of major classes of assets included as part of discontinued operations: Current assets Cash $ 178,380 $ 46,369,229 Restricted cash - 11,584,320 Accounts receivable, net of $ 0 allowance for credit losses 28,000 738,739 Unbilled receivables - 9,447 Contract assets - 274,833 Deferred prize expense - 340,781 Prepaid expenses and other current assets 130,680 439,697 Investment, cost - 200,000 Equipment, net - 36,860 Right-of-use asset – operating lease - 250,194 Intangible assets, net - 2,260,351 Goodwill - 5,300,928 Total current assets $ 337,060 $ 67,805,379 March 31, 2024 December 31, Carrying amounts of major classes of liability included as part of discontinued operations: Current Liabilities Accounts payable and accrued expenses $ 1,397,822 $ 1,123,105 Contract liabilities - 2,407,924 Prize liability - 6,475,400 Customer obligations - 50,249,095 Line of credit - 5,000,000 Current portion of long-term debt - 869,426 Current portion of lease liability - 251,898 Deferred tax liability - 20,035 Total current liabilities $ 1,397,822 $ 66,396,883

Additional Balance Sheet Inform

Additional Balance Sheet Information	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Additional Balance Sheet Information	Note 5 – Additional Balance Sheet Information Equipment, net Equipment consists of computers, furniture and fixtures and is presented net of accumulated depreciation from continuing operations for a net book value of $ 8,309 8,792 2,202 2,901 Intangible assets, net Intangible assets, net of accumulated amortization as of March 31, 2024 and December 31, 2023 consisted of the following: Schedule of Intangible Assets Weighted Average Amortization Period (Years) Cost, Net of Impairment Accumulated Amortization Net Balance, March 31, 2024 Acquired technology 3 $ 24,700 $ 7,819 $ 16,881 $ 24,700 $ 7,819 $ 16,881 Balance, December 31, 2023 Customer relationships 5 10 $ 208,124 $ 208,124 $ - Acquired technology 3 5 808,700 790,588 18,112 Software in development N/A 150,000 - 150,000 $ 1,166,824 $ 998,712 $ 168,112 Amortization expense from continuing operations on intangible assets was $ 1,231 60,101 849,565 150,000

Line of Credit

Line of Credit	3 Months Ended
	Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Line of Credit	Note 6 – Line of Credit On February 13, 2023, the Company entered into a Revolving Credit Agreement with Platinum Bank (the “Lender”) and executed a variable rate ( 9.0 % as of December 31, 2023) revolving promissory note of $ 7,000,000 , expiring February 26, 2025 . As collateral, the Company granted a security interest in and to all of the Company’s right, title and interest in certain assets on account at Platinum Bank, together with all financial assets, security entitlements with respect to such financial assets, investment property, securities and other property, to secure the payment and performance of the Revolving Credit Agreement. There was $ 6,350,000 outstanding as of December 31, 2023. In connection with the Sale of Business in January 2024, the revolving credit line was paid off. See Note 3.

Debt

Debt	3 Months Ended
	Mar. 31, 2024
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 On January 18, 2024, in conjunction with the Sale of Business, the term loan was paid off. See Note 3

Convertible Debenture and Warra

Convertible Debenture and Warrant	3 Months Ended
	Mar. 31, 2024
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 accredited 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 with a measurement basis election for financial instruments on an instrument-by-instrument basis. On February 14, 2023, the Company entered into the Securities Purchase Agreement (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 3.00 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 $ 400,000 (255,229) 16,667 Pursuant to Section 8(a)(vi) of the Debenture, it is an event of default if the Company is party to a Fundamental Transaction or agrees to sell or dispose of all or in excess of 33 110 4,484,230 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 4.0704 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 , based on the Black Scholes option-pricing model which was calculated independently of the fair value of the Debenture, and recorded the Warrant as additional paid-in capital in the condensed consolidated balance sheet as of December 31, 2023. The Warrant provides that in the event of a Fundamental Transaction, SharpLink, at Alpha’s option, would repurchase the Warrant from Alpha on the terms set forth in Section 3(e)(ii) of the 2023 Warrant (the “Warrant Repurchase”). On January 19, 2024, SharpLink and Alpha entered into a settlement agreement (the “Settlement Agreement”) whereby Alpha agreed to waive (i) the event of default under Section 3(e)(ii) of the Warrant in connection with the Sale of Business. Pursuant to Section 5(1) of the Warrant, Alpha further agreed to waive its right to elect that, in connection with and at the closing of the Sale of Business, the Warrant shall be repurchased by the Company as set forth in Section 3(e) of the 2023 Warrant. The parties agreed in the Settlement Agreement that the Warrant Repurchase for its Black Scholes value shall take place upon the earlier of (a) June 30, 2024; (b) the Company raising a gross amount of not less than $ 3,000,000 900,000 On March 6, 2024, SharpLink entered into an Exchange Agreement (the “Exchange Agreement”) with Alpha to change the Warrant Repurchase of $ 900,000 156,207 469,560 170,636 44,619 The fair value of the Warrant Repurchase balance and the Pre-Funded Warrant are estimated on the following dates using the Black Scholes option pricing model with the following assumptions: Schedule of Fair Value Assumptions of Warrants January 19, 2024 March 6, 2024 March 31, 2024 Expected volatility 112.98 % 90.90 % 87.36 % Expected dividends 0.00 % 0.00 % 0.00 % Expected term (years) 4.08 3.92 3.90 Risk-free rate 3.75 % 4.12 % 4.21 % Warrants measurement input 3.75 % 4.12 % 4.21 %

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2024
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. As disclosed in Note 8 900,000 . On March 6, 2024, SharpLink entered into an Exchange Agreement (the “Exchange Agreement”) with Alpha to change the Warrant Repurchase of $ 900,000 . Pursuant to the terms set forth in the Exchange Agreement, the Company agreed to exchange the 2023 Warrant for (i) 156,207 shares of Common Stock (the “Shares”), (ii) a pre-funded warrant in the amount of 469,560 shares of Common Stock (the “Pre-Funded Warrant”) and (iii) the remaining unexchanged balance of the 2023 Warrant Repurchase (the “Warrant Repurchase Balance”). The following table sets forth the Company’s consolidated financial assets and liabilities measured at fair value by level within the fair value hierarchy on March 31, 2023: Schedule of Consolidated Financial Assets and Liabilities Measured at Fair Value Warrant Repurchase Balance Level I $ - Level II $ - Level III $ 170,636 Total $ 170,636 Schedule of Significant Unobservable Inputs (level 3) and Related Expenses and Losses Fair Value, December 31, 2023 $ 4,395,753 Principle and interest convertible debenture repayments (4,395,753 ) Issuance of warrant repurchase balance 900,000 Conversion of warrants to shares and pre-funded warrants (498,029 ) Change in fair value of warrant repurchase balance (231,335 ) Fair Value, March 31, 2024 $ 170,636 As disclosed in Note 8 The following table sets forth the Company’s consolidated financial assets and liabilities measured at fair value by level within the fair value hierarchy on December 31, 2023. The Purchase Warrant fair value has not changed since the issuance date: Convertible Debenture Level I $ - Level II $ - Level III $ 4,395,753 Total $ 4,395,753 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 twelve months ended December 31, 2023: Fair Value, December 31, 2022 $ - Issuance of convertible debenture 2,825,771 Accretion for discount for warrants 342,481 Accretion for discount for OID 116,667 Interest expense 299,648 Principle repayments (419,048 ) Change in fair value 1,230,234 Fair Value, December 31, 2023 $ 4,395,753 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 50.0 Schedule of CCC Spreads Issuance - February 14, 2023 4.13 % Fair Value - December 31, 2023 1.29 % At inception, the Company valued the Debenture using a Monte Carlo Simulation model using the value of the underlying stock price of $ 3.50 8.75 0 3.96 40.0 2.9 0 5.60

Warrants

Warrants	3 Months Ended
	Mar. 31, 2024
Warrants
Warrants	Note 10 - Warrants In conjunction with the Convertible Debenture and Warrant issuance on February 14, 2023, 266,667 45.00 0.60 5.10 0.60 0 4.04 52.57 2.9 880,000 11,435 1,218,205 1,206,771 On June 14, 2023, the Company filed a registration statement on Form S-1 (file number: 333-272652) with the SEC to register 266,667 266,667 160,000 Following is a summary of the Company’s warrant activity for the three months ended March 31, 2024: Schedule of Warrant Activity Number of Weighted Average Exercise Price Per Share Weighted Average Outstanding as of December 31, 2023 1,158,015 $ 3.43 3.58 Previously issued regular warrants exchanged (469,560 ) 4.10 1.34 Exchanged revalued warrants issued 469,560 0.00 6.26 Exercised (422,874 ) $ 1.89 - Outstanding as of March 31, 2024 735,141 $ 1.70 7.62 Following is a summary of the Company’s warrant activity for the three months ended March 31, 2023: Number of Weighted Average Exercise Price Per Share Weighted Average 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, 2024
Retirement Benefits [Abstract]
Stock Compensation	Note 11 - Stock Compensation Stock Options Option awards are generally granted with an exercise price equal to the market price of the Company’s Common Stock 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 Company granted 0 152,250 42,152 152,034 12,041 56,192 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. Subsequent to the MTS Merger, option grants made under the SharpLink, Inc. 2021 Plan utilized the publicly traded stock price of the Company on the day of the option award. All option grants made under the SharpLink, Inc. 2020 Stock Incentive Plan were prior to the MTS Merger. The underlying SharpLink, Inc. stock under that plan 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. All option grants made under the SportsHub Games Network Inc. 2018 Incentive Plan were prior to the SportsHub Acquisition. The underlying SportsHub stock under that plan 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, 2024 March 31, 2023 Expected volatility 51.02 116.56 % 53.6 53.6 % Expected dividends 0.00 % 0.0 % Expected term (years) 5.0 6.0 5.8 5.9 Risk-free rate 0.40 4.33 % 3.9 4.1 % Fair value of Ordinary Shares on grant date $ 1.70 32.88 $ 17.00 27.00 The summary of activity under the plans as of March 31, 2024, and change during the three months ended March 31, 2024, is as follows: Schedule of Stock Option Activity Weighted Weighted average average remaining Aggregate Options Shares exercise price contractual term intrinsic value Outstanding as of December 31, 2023 414,819 $ 8.79 7.7 $ 3,750 Granted - Exercised - Forfeited (102,772 ) 5.71 Expired (44,580 ) 9.11 Outstanding as of March 31, 2024 267,467 $ 9.92 4.4 $ 3,650 Exercisable as of March 31, 2024 210,226 $ 10.84 3.2 $ 3,650 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: 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 $ 290,893 57,241 8.6 Restricted Stock Units For the three months ended March 31, 2024, the Company’s compensation committee recommended to the Board of Directors and the Board approved the granting of certain restricted stock units (“RSU”) to members of the senior leadership team and the Board of Directors. The aggregate fair value of RSU awards was $ 419,200 Schedule of Restricted Stock Units Shares Weighted Average Grant Date Fair Value Weighted Remaining Contractual Aggregate Outstanding as of December 31, 2023 - $ - - Granted 300,000 1.40 - - Cancelled - - - - Vested and released 75,000 - - $ 3,200 Outstanding and unvested as of March 31, 2024 225,000 1.40 3.78 - The Company recognized $ 108,000 311,200

Operating Segments

Operating Segments	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Operating Segments	Note 12 - Operating Segments The Company has two reportable operating segments: Affiliate Marketing Services – United States and Affiliate Marketing Services – International. 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 direct-to-player 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 a global affiliate marketing network, focused on delivering quality traffic and player acquisitions, retention and conversions to global casino gaming 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. All intercompany revenues or expenses are eliminated in consolidation. A measure of segment assets and liabilities has not currently been 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, 2024 and 2023 are shown below: Schedule of Companies Reportable Segments For the three months ended March 31, 2024: Affiliate Marketing Services — International Affiliate Marketing Services — US Total Revenue $ 767,945 $ 208,001 $ 975,946 Cost of revenues 568,691 120,043 688,734 Operating loss (1,303,316 ) (381,547 ) (1,684,863 ) Net income (loss), after taxes $ (1,373,352 ) $ (378,459 ) $ (1,760,811 ) For the three months ended March 31, 2023: Affiliate Marketing Services - International Affiliate Marketing Services - US Total Revenue $ 1,008,276 $ 224,485 $ 1,232,761 Cost of revenues 667,906 174,776 842,682 Operating loss (1,050,403 ) (604,852 ) (1,655,255 ) Net income (loss), after taxes $ (1,459,773 ) $ (697,410 ) $ (2,157,183 ) Summarized revenues by country in which the Company operated for the three months ended March 31, 2024 and 2023 are shown below: Schedule of Revenues by Country For the three months ended March 31, 2024: Affiliate Marketing Services - International Affiliate Marketing Services - US Total United States $ - $ 208,001 $ 208,001 Rest of the World 767,945 - 767,945 Revenue $ 767,945 $ 208,001 $ 975,946 For the three months ended March 31, 2023: Affiliate Marketing Services - International Affiliate Marketing Services - US Total United States $ - $ 224,485 $ 224,485 Rest of the World 1,008,276 - 1,008,276 Revenue $ 1,008,276 $ 224,485 $ 1,232,761 The Company does not have material tangible long-lived assets in foreign jurisdictions. The Company’s Affiliate Marketing Services – International segment derives a significant portion of its 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, 2024 March 31, 2023 Customer A 42 % 35 % Customer B 19 % 39 % Percentage of consolidated revenues 19 % 39 %

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Note 13 - Revenue Recognition For the three months ended March 31, 2024 and 2023, the Company has recognized its revenue at a point in time. The Company’s only revenue stream is services. The Company’s assets and liabilities related to its contracts with customers were as follows: Schedule of Contract Assets and Liabilities March 31, 2024 March 31, 2023 Accounts receivable $ 364,009 $ 415,119 Unbilled revenue $ - $ 12,000 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 recognized unbilled revenue when revenue is recognized prior to invoicing. 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.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 14 – 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 the three-month period ended March 31, 2024 was ( 0.3% We follow the authoritative guidance on accounting for and disclosure of uncertainty in tax positions which requires us to determine whether a tax position of the Company is more likely than not to be sustained upon examination, including resolution of any related appeals of litigation processes, based on the technical merits of the position. For tax positions meeting the more likely than not threshold, the uncertain tax benefit amount recognized in the financial statements is reduced to the largest benefit that has a greater than 50% likelihood of being realized upon the ultimate settlement with the relevant taxing authority. Interest and penalties related to uncertain tax positions are included in the provision for income taxes in the condensed consolidated statements of operations. In accordance with the Sale of Business ( See Note 3

Net Income (Loss) Per Share

Net Income (Loss) Per Share	3 Months Ended
	Mar. 31, 2024
Net earnings (loss) per share:
Net Income (Loss) Per Share	Note 15 – Net Income (Loss) Per Share Basic net income (loss) per share is calculated by dividing net income (loss) available to common shareholders, adjusted for preferred stock discount accretion and dividends accrued on preferred stock, by the weighted-average number of common stock outstanding during the period excluding the effects of any potentially dilutive securities. Diluted net loss per share is computed similar to basic loss per share, except that the denominator is increased to include the number of additional common stock that would have been outstanding if potential shares of common stock had been issued if such additional common stock were dilutive. Since the Company had net losses for all the periods presented, basic and diluted loss per share are the same, and additional potential ordinary shares have been excluded, as their effect would be anti-dilutive. As the Company had a net loss from continuing operations and net income from discontinued operations for the three months ended March 31, 2024, the following presents dilutive and anti-dilutive securities. For continuing operations, since there was a net loss, all securities presented below were excluded from weighted average shares outstanding. For discontinued operations, dilutive securities presented below were included in the net income per share calculation and the anti-dilutive securities were excluded in weighted average shares outstanding: Schedule of Computation of Diluted Shares Outstanding March 31, 2024 Dilutive Prefunded warrants 469,560 MTS Warrants 2,500 Total Dilutive 472,060 Anti-Dilutive: Stock options 264,967 Series A-1 preferred stock 7,202 Series B preferred stock 12,481 MTS warrants 5,833 Regular warrants 254,233 SportsHub warrants 3,015 Restricted Stock Units 225,000 Total Anti-dilutive 772,731 As the Company had net loss from continuing operations and discontinued operations for March 31, 2023, the following anti-dilutive securities outstanding as of March 31, 2023 were excluded in weighted average shares outstanding: March 31, 2023 Stock options 433,162 Series A-1 preferred stock 6,880 Series B preferred stock 12,481 MTS warrants 8,333 Prefunded warrants 125,359 Purchase warrants 880,000 Regular warrants 266,667 Total 1,732,882 The calculation of the net income (loss) per share and weighted-average shares of the Company’s common stock outstanding for the periods presented are as follows: Schedule of Loss Per Share and Weighted-average 2024 2023 For the Three Months Ended March 31, 2024 2023 Net loss from continuing operations $ (1,760,811 ) $ (2,157,183 ) Less: deemed dividend on warrant exchange agreement (44,619 ) - Less: dividends on series B preferred stock - (949 ) Net loss from continuing operations available to common stockholders (1,805,430 (2,158,132 ) Net income (loss) from discontinued operations, net of tax, available to common stockholders 14,111,167 (666,563 ) Net income (loss) available to common stockholders $ 12,305,737 $ (2,824,695 ) Basic weighted-average shares for continuing and discontinued operations 3,109,670 2,813,900 Diluted weighted average shares for discontinued operations 3,581,730 2,813,900 Basic: Net (loss) from continuing operations per share $ (0.58 ) $ (0.77 ) Net income (loss) from discontinued operations per share 4.54 (0.24 ) Net income (loss) per share $ 3.96 $ (1.01 ) Fully Diluted: Net (loss) from continuing operations per share $ (0.58 ) $ (0.77 ) Net income (loss) from discontinued operations per share 3.94 (0.24 ) Net income (loss) per share $ 3.36 $ (1.01 )

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Note 16 – Related Party Transactions The Company uses Brown & Brown (“Brown”), which acquired Hays Companies, as an insurance broker. Brown is considered a related party as an executive of Brown previously served on the Board of Directors of SharpLink Israel. The Company paid $ 142,827 381,935 The Company leased office space in Canton, Connecticut from CJEM, LLC (CJEM), which is owned by a former executive of the Company. The Company paid rent expense of $ 3,200 9,600

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 17 – Subsequent Events On May 1, 2024, Company entered into an ATM Sales Agreement (the “ATM Sales Agreement”) with A.G.P./Alliance Global Partners (the “Agent”) pursuant to which the Company may offer and sell, from time to time, through the Agent, as sales agent and/or principal, shares of its common stock, par value $ 0.0001 1,676,366 On May 8, 2024, SharpLink entered into an amended and fully restated Post Closing Assignment Agreement with the RSports. SharpLink and RSports have agreed to amend the PA to exclude the transfer/sale of SHGN and have agreed to the assignment/sale of the Acquired Subsidiaries membership interests in SHReserve and SHPA to be made directly to RSports upon and subsequent to the approval of a petition by the Pennsylvania Gaming Control Board

Basis of Presentation (Policies

Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Nature of Business	Nature of Business The Company is a Delaware corporation. SharpLink is an online performance marketing company that delivers unique fan activation solutions to its sportsbook and casino partners. Through its global affiliate marketing network, known as PAS.net, SharpLink drives qualified traffic and player acquisitions, retention and conversions to U.S. regulated sportsbooks and global casino gaming partners worldwide. In addition, SharpLink owns a performance marketing platform through which the Company owns and operates state-specific web domains designed to attract, acquire and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. Prior to the sale of SharpLink’s Sports Gaming Client Services and SportsHub Gaming Network (“SHGN”) business units in January 2024 to RSports Interactive, Inc. (“RSports”), a Minnesota corporation, (the “Sale of Business”), the SHGN unit owned and operated an online gaming business that primarily facilitated daily and seasonal peer-to-peer fantasy contests for its end users. The SHGN business unit also operated a website that provided 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. SharpLink’s Sports Gaming Client Services game development business was engaged in the provision of fantasy and free-to-play sports game and mobile app development services to a marquis list of customers, which included several of the biggest names in sports and sports betting, including Turner Sports, NBA, NFL, PGA TOUR, NASCAR and BetMGM, among others. On January 18, 2024, the Company entered into a Purchase Agreement (the “PA”) with RSports to sell the Company’s Sports Gaming Client Services and SHGN business units. See Note 3 On February 13, 2024, SharpLink Gaming Ltd. (“SharpLink Israel” and former parent company) completed its previously announced domestication merger (“Domestication Merger”), pursuant to the terms and conditions set forth in an Agreement and Plan of Merger (the “Domestication Merger Agreement”), dated June 14, 2023 and amended July 24, 2023, among SharpLink Israel, SharpLink Merger Sub Ltd., an Israeli company and a wholly owned subsidiary of SharpLink Gaming, Inc. (“Domestication Merger Sub”) and SharpLink Gaming, Inc. (“SharpLink US”). The Domestication Merger was achieved through a merger of Domestication Merger Sub Ltd. with and into SharpLink Israel, with SharpLink Israel surviving the merger and becoming a wholly owned subsidiary of SharpLink US. The Domestication Merger was approved by the shareholders of SharpLink Israel at an extraordinary special meeting of shareholders held on December 6, 2023. SharpLink US’s Common Stock commenced trading on the Nasdaq Capital Market under the same ticker symbol, SBET, on February 14, 2024. As a result of the Domestication Merger, all SharpLink Israel ordinary shares outstanding immediately prior to the Domestication Merger automatically converted, on a one-for-one basis, into the right to receive, and become exchangeable for, shares of SharpLink US common stock, par value $ 0.0001 The following represents the change in the par value based on the outstanding ordinary and preferred shares to common and preferred stock after the redomestication on February 13, 2024: Schedule of Expected Change in Par Value Ordinary Shares Par value for ordinary shares at $ 0.20 $ 572,770 Par value for common stock at $ 0.0001 294 Net change in par value — will be reflected in additional paid-in capital $ 572,476 Preferred Shares Par value for Series A-1 preferred stock at $ 0.20 $ 1,440 Par value for Series A-1 preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 1,439 Par value for Series B preferred stock at $ 0.20 2,496 Par value for preferred stock at $ 0.20 2,496 Par value for Series B preferred stock at $ 0.0001 1 Par value for preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 2,495
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of SharpLink Gaming, Inc. and its wholly owned subsidiaries. All intercompany accounts and transactions between consolidated subsidiaries have been eliminated in consolidation. We operate in two reportable segments. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assessing performance. The Company’s chief operating decision maker (“CODM”), as well as our Chief Executive Officer, allocates resources and assesses performance based upon discrete financial information at the segment level.
Reclassifications	Reclassifications Certain amounts in prior periods have been reclassified to reflect the impact of the discontinued operations treatment in order to conform to the current period presentation. See Note 4.
Functional Currency	Functional Currency The Company’s functional and reporting currency is the U.S. dollar. Transactions in foreign currencies are recorded at the exchange rate prevailing on the date of the transaction. The resulting monetary assets and liabilities are translated into U.S. dollars at exchange rates prevailing on the subsequent balance sheet date. Revenue and expense components are translated to U.S. dollars at weighted-average exchange rates in effect during the period. Foreign currency transaction gains and losses resulting from remeasurement are recognized in other income and expenses within the consolidated statements of operations.
Reverse Share Split	Reverse Share 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 0.02 9,290,000 0.60 0.20
Discontinued Operations	Discontinued Operations In June 2022, the Company’s Board of Directors approved management to enter into negotiations to sell Israel-based Mer Telemanagement Solutions Ltd. (“MTS” or “Enterprise TEM”). The Company completed the sale of MTS on 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, 2024 and December 31, 2023. The results of operations and cash flows of MTS for all periods are separately reported as discontinued operations. In December 2023, the Company’s Board of Directors approved management to enter into a Letter of Intent with RSports for RSports to purchase the Company’s Sports Gaming Client Services and SportsHub Gaming Network businesses. In December 2023, the Company discontinued its C4 technology due to the lack of market acceptance. C4 technology centered on cost effectively monetizing our own and our customers’ respective online audiences of U.S. fantasy sports and casual sports fans and casino gaming enthusiasts by converting them into loyal online sports and iGaming bettors. On January 18, 2024, the Company entered into a PA with RSports to sell the Company’s Sports Gaming Client Services and SHGN business units to RSports. All of the membership interests of Sports Technologies, LLC, a Minnesota limited liability company, Holdings Quinn, LLC, a Delaware limited liability company and SHGN who owns all of the issued membership interests in SportsHub Reserve, LLC, (“SHReserve”), a Minnesota limited liability company; SportsHub PA, LLC, (“SHPA”), a Pennsylvania limited liability company, and SportsHub Holdings, LLC, (“SHHoldings”), a Minnesota limited liability company, and SportsHub Operations, LLC, (“SHOperations”), a Minnesota limited liability company (SHReserve, SHPA, SHHoldings and SHOperations, collectively, the “SHGN Subsidiaries”) were sold for $ 22,500,000 18,857,834 22,500,000 41,357,834 41,357,834 36,959,573 4,888,704 See Note 3 for an amendment to the PA agreement and 4. The Company has discontinued operations for the Sports Gaming Client Services, SHGN and Enterprise TEM segments. See Note 4.
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements Not Yet Adopted In November 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update 2023-07 – Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. This Accounting Standards Update improves reportable segment disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update require disclosure of significant segment expenses that are regularly provided to the CODM and included within each reported measure of segment profit or loss, require disclosure of other segment items other segment items The Company anticipates the adoption of ASC 280 will not have a material impact on its condensed consolidated financial statements In December 2023, the FASB issued Accounting Standards Update 2023-09 – Income Taxes (Topic ASC 740) Income Taxes. This Accounting Standards Update improves the transparency of income tax disclosures by requiring (1) consistent categories and greater disaggregation of information in the rate reconciliation and (2) income taxes paid disaggregated by jurisdiction. It also includes certain other amendments to improve the effectiveness of income tax disclosures. The amendments in ASU 2023-09 will become effective at the

Basis of Presentation (Tables)

Basis of Presentation (Tables)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Schedule of Expected Change in Par Value	The following represents the change in the par value based on the outstanding ordinary and preferred shares to common and preferred stock after the redomestication on February 13, 2024: Schedule of Expected Change in Par Value Ordinary Shares Par value for ordinary shares at $ 0.20 $ 572,770 Par value for common stock at $ 0.0001 294 Net change in par value — will be reflected in additional paid-in capital $ 572,476 Preferred Shares Par value for Series A-1 preferred stock at $ 0.20 $ 1,440 Par value for Series A-1 preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 1,439 Par value for Series B preferred stock at $ 0.20 2,496 Par value for preferred stock at $ 0.20 2,496 Par value for Series B preferred stock at $ 0.0001 1 Par value for preferred stock at $ 0.0001 1 Net change in par value — will be reflected in additional paid-in capital $ 2,495

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Summary Reconciliation of Discontinued Operations	Summary Reconciliation of Discontinued Operations Summary Reconciliation of Discontinued Operations For the Three Months Ended March 31, 2024 For the Three Months Ended March 31, 2023 Revenues $ 398,813 $ 2,157,630 Cost of Revenues 154,491 1,212,068 Gross Profit 244,322 945,562 Operating Expenses Selling, general, and administrative expenses 319,523 1,755,083 Operating Loss (75,201 ) (809,521 ) Interest income 98,161 259,608 Other (expense) income (2,000 ) - Gain on sale of business 14,670,811 - Interest expense (9,027 ) (113,551 ) Total other income and expense 14,757,945 146,057 Income (loss) before income taxes 14,682,744 (663,464 ) Provision for income tax expenses 571,577 3,099 Income (loss) from discontinued operations $ 14,111,167 $ (666,563 )
Schedule of Major Classes of Assets and Liabilities	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, 2024 and December 31, 2023: Schedule of Major Classes of Assets and Liabilities March 31, December 31, Carrying amounts of major classes of assets included as part of discontinued operations: Current assets Cash $ 178,380 $ 46,369,229 Restricted cash - 11,584,320 Accounts receivable, net of $ 0 allowance for credit losses 28,000 738,739 Unbilled receivables - 9,447 Contract assets - 274,833 Deferred prize expense - 340,781 Prepaid expenses and other current assets 130,680 439,697 Investment, cost - 200,000 Equipment, net - 36,860 Right-of-use asset – operating lease - 250,194 Intangible assets, net - 2,260,351 Goodwill - 5,300,928 Total current assets $ 337,060 $ 67,805,379 March 31, 2024 December 31, Carrying amounts of major classes of liability included as part of discontinued operations: Current Liabilities Accounts payable and accrued expenses $ 1,397,822 $ 1,123,105 Contract liabilities - 2,407,924 Prize liability - 6,475,400 Customer obligations - 50,249,095 Line of credit - 5,000,000 Current portion of long-term debt - 869,426 Current portion of lease liability - 251,898 Deferred tax liability - 20,035 Total current liabilities $ 1,397,822 $ 66,396,883

Additional Balance Sheet Info_2

Additional Balance Sheet Information (Tables)	3 Months Ended
	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Intangible Assets	Intangible assets, net of accumulated amortization as of March 31, 2024 and December 31, 2023 consisted of the following: Schedule of Intangible Assets Weighted Average Amortization Period (Years) Cost, Net of Impairment Accumulated Amortization Net Balance, March 31, 2024 Acquired technology 3 $ 24,700 $ 7,819 $ 16,881 $ 24,700 $ 7,819 $ 16,881 Balance, December 31, 2023 Customer relationships 5 10 $ 208,124 $ 208,124 $ - Acquired technology 3 5 808,700 790,588 18,112 Software in development N/A 150,000 - 150,000 $ 1,166,824 $ 998,712 $ 168,112

Convertible Debenture and War_2

Convertible Debenture and Warrant (Tables)	3 Months Ended
	Mar. 31, 2024
Convertible Debenture And Warrant
Schedule of Fair Value Assumptions of Warrants	The fair value of the Warrant Repurchase balance and the Pre-Funded Warrant are estimated on the following dates using the Black Scholes option pricing model with the following assumptions: Schedule of Fair Value Assumptions of Warrants January 19, 2024 March 6, 2024 March 31, 2024 Expected volatility 112.98 % 90.90 % 87.36 % Expected dividends 0.00 % 0.00 % 0.00 % Expected term (years) 4.08 3.92 3.90 Risk-free rate 3.75 % 4.12 % 4.21 % Warrants measurement input 3.75 % 4.12 % 4.21 %

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2024
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 on March 31, 2023: Schedule of Consolidated Financial Assets and Liabilities Measured at Fair Value Warrant Repurchase Balance Level I $ - Level II $ - Level III $ 170,636 Total $ 170,636 Convertible Debenture Level I $ - Level II $ - Level III $ 4,395,753 Total $ 4,395,753
Schedule of Significant Unobservable Inputs (level 3) and Related Expenses and Losses	Schedule of Significant Unobservable Inputs (level 3) and Related Expenses and Losses Fair Value, December 31, 2023 $ 4,395,753 Principle and interest convertible debenture repayments (4,395,753 ) Issuance of warrant repurchase balance 900,000 Conversion of warrants to shares and pre-funded warrants (498,029 ) Change in fair value of warrant repurchase balance (231,335 ) Fair Value, March 31, 2024 $ 170,636 Fair Value, December 31, 2022 $ - Issuance of convertible debenture 2,825,771 Accretion for discount for warrants 342,481 Accretion for discount for OID 116,667 Interest expense 299,648 Principle repayments (419,048 ) Change in fair value 1,230,234 Fair Value, December 31, 2023 $ 4,395,753
Schedule of CCC Spreads	Schedule of CCC Spreads Issuance - February 14, 2023 4.13 % Fair Value - December 31, 2023 1.29 %

Warrants (Tables)

Warrants (Tables)	3 Months Ended
	Mar. 31, 2024
Warrants
Schedule of Warrant Activity	Following is a summary of the Company’s warrant activity for the three months ended March 31, 2024: Schedule of Warrant Activity Number of Weighted Average Exercise Price Per Share Weighted Average Outstanding as of December 31, 2023 1,158,015 $ 3.43 3.58 Previously issued regular warrants exchanged (469,560 ) 4.10 1.34 Exchanged revalued warrants issued 469,560 0.00 6.26 Exercised (422,874 ) $ 1.89 - Outstanding as of March 31, 2024 735,141 $ 1.70 7.62 Following is a summary of the Company’s warrant activity for the three months ended March 31, 2023: Number of Weighted Average Exercise Price Per Share Weighted Average 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, 2024
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, 2024 March 31, 2023 Expected volatility 51.02 116.56 % 53.6 53.6 % Expected dividends 0.00 % 0.0 % Expected term (years) 5.0 6.0 5.8 5.9 Risk-free rate 0.40 4.33 % 3.9 4.1 % Fair value of Ordinary Shares on grant date $ 1.70 32.88 $ 17.00 27.00
Schedule of Stock Option Activity	The summary of activity under the plans as of March 31, 2024, and change during the three months ended March 31, 2024, is as follows: Schedule of Stock Option Activity Weighted Weighted average average remaining Aggregate Options Shares exercise price contractual term intrinsic value Outstanding as of December 31, 2023 414,819 $ 8.79 7.7 $ 3,750 Granted - Exercised - Forfeited (102,772 ) 5.71 Expired (44,580 ) 9.11 Outstanding as of March 31, 2024 267,467 $ 9.92 4.4 $ 3,650 Exercisable as of March 31, 2024 210,226 $ 10.84 3.2 $ 3,650 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: 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
Schedule of Restricted Stock Units	Schedule of Restricted Stock Units Shares Weighted Average Grant Date Fair Value Weighted Remaining Contractual Aggregate Outstanding as of December 31, 2023 - $ - - Granted 300,000 1.40 - - Cancelled - - - - Vested and released 75,000 - - $ 3,200 Outstanding and unvested as of March 31, 2024 225,000 1.40 3.78 -

Operating Segments (Tables)

Operating Segments (Tables)	3 Months Ended
	Mar. 31, 2024
Segment Reporting [Abstract]
Schedule of Companies Reportable Segments	Summarized financial information for the Company’s reportable segments for the three months ended March 31, 2024 and 2023 are shown below: Schedule of Companies Reportable Segments For the three months ended March 31, 2024: Affiliate Marketing Services — International Affiliate Marketing Services — US Total Revenue $ 767,945 $ 208,001 $ 975,946 Cost of revenues 568,691 120,043 688,734 Operating loss (1,303,316 ) (381,547 ) (1,684,863 ) Net income (loss), after taxes $ (1,373,352 ) $ (378,459 ) $ (1,760,811 ) For the three months ended March 31, 2023: Affiliate Marketing Services - International Affiliate Marketing Services - US Total Revenue $ 1,008,276 $ 224,485 $ 1,232,761 Cost of revenues 667,906 174,776 842,682 Operating loss (1,050,403 ) (604,852 ) (1,655,255 ) Net income (loss), after taxes $ (1,459,773 ) $ (697,410 ) $ (2,157,183 )
Schedule of Revenues by Country	Summarized revenues by country in which the Company operated for the three months ended March 31, 2024 and 2023 are shown below: Schedule of Revenues by Country For the three months ended March 31, 2024: Affiliate Marketing Services - International Affiliate Marketing Services - US Total United States $ - $ 208,001 $ 208,001 Rest of the World 767,945 - 767,945 Revenue $ 767,945 $ 208,001 $ 975,946 For the three months ended March 31, 2023: Affiliate Marketing Services - International Affiliate Marketing Services - US Total United States $ - $ 224,485 $ 224,485 Rest of the World 1,008,276 - 1,008,276 Revenue $ 1,008,276 $ 224,485 $ 1,232,761
Schedule of Percentage of Consolidated Revenues Derived from Large Customers	The Company’s Affiliate Marketing Services – International segment derives a significant portion of its 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, 2024 March 31, 2023 Customer A 42 % 35 % Customer B 19 % 39 % Percentage of consolidated revenues 19 % 39 %

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Contract Assets and Liabilities	For the three months ended March 31, 2024 and 2023, the Company has recognized its revenue at a point in time. The Company’s only revenue stream is services. The Company’s assets and liabilities related to its contracts with customers were as follows: Schedule of Contract Assets and Liabilities March 31, 2024 March 31, 2023 Accounts receivable $ 364,009 $ 415,119 Unbilled revenue $ - $ 12,000
Schedule of Contract Assets and Liabilities	The Company’s assets and liabilities related to its contracts with customers were as follows: Schedule of Contract Assets and Liabilities March 31, 2024 March 31, 2023 Accounts receivable $ 364,009 $ 415,119 Unbilled revenue $ - $ 12,000

Net Income (Loss) Per Share (Ta

Net Income (Loss) Per Share (Tables)	3 Months Ended
	Mar. 31, 2024
Net earnings (loss) per share:
Schedule of Computation of Diluted Shares Outstanding	Schedule of Computation of Diluted Shares Outstanding March 31, 2024 Dilutive Prefunded warrants 469,560 MTS Warrants 2,500 Total Dilutive 472,060 Anti-Dilutive: Stock options 264,967 Series A-1 preferred stock 7,202 Series B preferred stock 12,481 MTS warrants 5,833 Regular warrants 254,233 SportsHub warrants 3,015 Restricted Stock Units 225,000 Total Anti-dilutive 772,731 As the Company had net loss from continuing operations and discontinued operations for March 31, 2023, the following anti-dilutive securities outstanding as of March 31, 2023 were excluded in weighted average shares outstanding: March 31, 2023 Stock options 433,162 Series A-1 preferred stock 6,880 Series B preferred stock 12,481 MTS warrants 8,333 Prefunded warrants 125,359 Purchase warrants 880,000 Regular warrants 266,667 Total 1,732,882
Schedule of Loss Per Share and Weighted-average	The calculation of the net income (loss) per share and weighted-average shares of the Company’s common stock outstanding for the periods presented are as follows: Schedule of Loss Per Share and Weighted-average 2024 2023 For the Three Months Ended March 31, 2024 2023 Net loss from continuing operations $ (1,760,811 ) $ (2,157,183 ) Less: deemed dividend on warrant exchange agreement (44,619 ) - Less: dividends on series B preferred stock - (949 ) Net loss from continuing operations available to common stockholders (1,805,430 (2,158,132 ) Net income (loss) from discontinued operations, net of tax, available to common stockholders 14,111,167 (666,563 ) Net income (loss) available to common stockholders $ 12,305,737 $ (2,824,695 ) Basic weighted-average shares for continuing and discontinued operations 3,109,670 2,813,900 Diluted weighted average shares for discontinued operations 3,581,730 2,813,900 Basic: Net (loss) from continuing operations per share $ (0.58 ) $ (0.77 ) Net income (loss) from discontinued operations per share 4.54 (0.24 ) Net income (loss) per share $ 3.96 $ (1.01 ) Fully Diluted: Net (loss) from continuing operations per share $ (0.58 ) $ (0.77 ) Net income (loss) from discontinued operations per share 3.94 (0.24 ) Net income (loss) per share $ 3.36 $ (1.01 )

Schedule of Expected Change in

Schedule of Expected Change in Par Value (Details) - USD ($)	Mar. 31, 2024	Feb. 13, 2024	Dec. 31, 2023
Par value for ordinary shares at $0.20 as reported at February 13, 2024	$ 336	$ 572,770	$ 572,770
Par value for common stock at $0.0001 at February 13, 2024		294
Net change in par value — will be reflected in additional paid-in capital		572,476
Series A-1 Preferred Stock [Member]
Par value for preferred stock at $0.20 par value as reported at February 13, 2024	1	1,440	1,440
Par value for preferred stock at $0.0001 par value at February 13, 2024		1
Net change in par value — will be reflected in additional paid-in capital		1,439
Series B Preferred Stock [Member]
Par value for preferred stock at $0.20 par value as reported at February 13, 2024	$ 1	2,496	$ 2,496
Par value for preferred stock at $0.0001 par value at February 13, 2024		1
Net change in par value — will be reflected in additional paid-in capital		$ 2,495

Schedule of Expected Change i_2

Schedule of Expected Change in Par Value (Details) (Parenthetical) - $ / shares	Mar. 31, 2024	Feb. 13, 2024	Dec. 31, 2023
Ordinary stock, par value	$ 0.001	$ 0.20	$ 0.001
Common stock, par value	0.0001	0.0001
Series A-1 Preferred Stock [Member]
Preferred stock par value	0.0001	0.20	0.0001
Series A-1 Preferred Stock One [Member]
Preferred stock par value		0.0001
Series B Preferred Stock [Member]
Preferred stock par value	$ 0.0001	0.20	$ 0.0001
Series B Preferred Stock One [Member]
Preferred stock par value		$ 0.0001

Basis of Presentation (Details

Basis of Presentation (Details Narrative)		1 Months Ended	3 Months Ended
	Jan. 18, 2024 USD ($)	Jan. 31, 2024 USD ($)	Mar. 31, 2024 USD ($) $ / shares shares	Feb. 13, 2024 $ / shares	Dec. 31, 2023 shares	Apr. 23, 2023 $ / shares shares	Apr. 23, 2023 ₪ / shares shares	Apr. 22, 2023 $ / shares shares	Apr. 22, 2023 ₪ / shares shares	Dec. 31, 2022 shares
Common stock shares, par value | $ / shares			$ 0.0001	$ 0.0001
Share price | (per share)						$ 0.20	₪ 0.60	$ 0.02	₪ 0.06
Common stock, shares issued | shares			3,361,608		2,863,734	26,881,244	26,881,244			2,688,541
Common stock, shares outstanding | shares			3,361,608		2,863,734	26,881,244	26,881,244			2,688,541
Common stock, shares authorized | shares			100,000,000		100,000,000
Sale of stock, consideration received per transaction		$ 22,500,000
Net of cash transferred			$ 41,357,834
Customer deposits liability			36,959,573
Deferred revenue			$ 4,888,704
Purchase Agreement [Member]
Sale of stock, consideration received per transaction	$ 22,500,000
Sale of stock, consideration net of cash transferred	18,857,834
Receipt of cash	22,500,000
Net of cash transferred	41,357,834
Customer deposits liability	36,959,573
Deferred revenue	$ 4,888,704
Common Stock [Member]
Common stock, shares authorized | shares						9,290,000	9,290,000	92,900,000	92,900,000

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended
	Jan. 31, 2024	Mar. 31, 2024	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent		$ (1,760,811)	$ (2,157,183)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations		$ (2,848,643)	$ (2,549,225)
Consideration received	$ 22,500,000
Line of credit	$ 14,836,625
Convertible debenture percentage	110%
Accrued interest	$ 4,484,230

Sale of Sports Gaming Client _2

Sale of Sports Gaming Client Services and SHGN (Details Narrative) - USD ($)		1 Months Ended	3 Months Ended
	Jan. 18, 2024	Jan. 31, 2024	Mar. 31, 2024
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sale of Stock, Consideration Received Per Transaction		$ 22,500,000
Consideration received on assets and liabilities sold			$ 14,600,000
Sale of business			22,500,000
Net of cash transferred			41,357,834
Customer deposits liability			36,959,573
Deferred revenue			4,888,704
Repayments of Related Party Debt			34,059
Proceeds from Related Party Debt			$ 39,957
Purchase Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Sale of Stock, Consideration Received Per Transaction	$ 22,500,000
Net of cash transferred	41,357,834
Customer deposits liability	36,959,573
Deferred revenue	$ 4,888,704

Summary Reconciliation of Disco

Summary Reconciliation of Discontinued Operations (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues	$ 975,946	$ 1,232,761
Gross profit	287,212	390,079
Operating Expenses
Selling, general, and administrative expenses	1,972,075	2,045,334
Operating loss	(1,684,863)	(1,655,255)
Interest income	16,097	5,813
Interest expense	324,194	223,870
Total other income (expense)	(70,274)	(473,286)
Net loss before income taxes	(1,755,137)	(2,128,541)
Provision for income tax expenses	5,674	28,642
Income (loss) from discontinued operations	14,111,167	(666,563)
Discontinued Operations [Member]
Revenues	398,813	2,157,630
Cost of Revenues	154,491	1,212,068
Gross profit	244,322	945,562
Operating Expenses
Selling, general, and administrative expenses	319,523	1,755,083
Operating loss	(75,201)	(809,521)
Interest income	98,161	259,608
Other (expense) income	(2,000)
Gain on sale of business	14,670,811
Interest expense	(9,027)	(113,551)
Total other income (expense)	14,757,945	146,057
Net loss before income taxes	14,682,744	(663,464)
Provision for income tax expenses	571,577	3,099
Income (loss) from discontinued operations	$ 14,111,167	$ (666,563)

Schedule of Major Classes of As

Schedule of Major Classes of Assets and Liabilities (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash	$ 4,013,838	$ 2,487,481
Accounts receivable, net of $0 allowance for credit losses	364,009	415,119
Unbilled receivables		12,000
Prepaid expenses and other current assets	656,648	383,295
Total current assets	5,371,555	71,103,274
Current Liabilities
Accounts payable and accrued expenses	919,890	1,463,699
Line of credit		6,345,978
Current portion of long-term debt		645,571
Total current liabilities	2,544,465	79,247,884
Discontinued Operations [Member]
Current assets
Cash	178,380	46,369,229
Restricted cash		11,584,320
Accounts receivable, net of $0 allowance for credit losses	28,000	738,739
Unbilled receivables		9,447
Contract assets		274,833
Deferred prize expense		340,781
Prepaid expenses and other current assets	130,680	439,697
Investment, cost		200,000
Equipment, net		36,860
Right-of-use asset – operating lease		250,194
Intangible assets, net		2,260,351
Goodwill		5,300,928
Total current assets	337,060	67,805,379
Current Liabilities
Accounts payable and accrued expenses	1,397,822	1,123,105
Contract liabilities		2,407,924
Prize liability		6,475,400
Customer obligations		50,249,095
Line of credit		5,000,000
Current portion of long-term debt		869,426
Current portion of lease liability		251,898
Deferred tax liability		20,035
Total current liabilities	$ 1,397,822	$ 66,396,883

Schedule of Major Classes of _2

Schedule of Major Classes of Assets and Liabilities (Details) (Parenthetical) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Accounts Receivable, Allowance for Credit Loss	$ 0	$ 0
Discontinued Operations [Member]
Accounts Receivable, Allowance for Credit Loss		$ 0

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	$ 24,700	$ 1,166,824
Accumulated amortization	7,819	998,712
Intangible assets net	16,881	168,112
Technology-Based Intangible Assets [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment	24,700	808,700
Accumulated amortization	7,819	790,588
Intangible assets net	$ 16,881	18,112
Customer Relationships [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment		208,124
Accumulated amortization		208,124
Intangible assets net
Software Development [Member]
Indefinite-Lived Intangible Assets [Line Items]
Cost net of impairment		150,000
Accumulated amortization
Intangible assets net		$ 150,000
Technology-Based Intangible Assets [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period	3 years
Technology-Based Intangible Assets [Member] | Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period		3 years
Technology-Based Intangible Assets [Member] | Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period		5 years
Customer Relationships [Member] | Minimum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period		5 years
Customer Relationships [Member] | Maximum [Member]
Indefinite-Lived Intangible Assets [Line Items]
Weighted average amortization period		10 years

Additional Balance Sheet Info_3

Additional Balance Sheet Information (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Accumulated depreciation	$ 8,309		$ 8,792
Depreciation expense	2,202	$ 2,901
Amortization expense	1,231	60,101
Impairment charges	849,565	$ 849,565
Software Development [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets sold	$ 150,000

Line of Credit (Details Narrati

Line of Credit (Details Narrative) - Revolving Credit Agreement [Member] - USD ($)		12 Months Ended
	Feb. 13, 2023	Dec. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage		9%
Convertible Notes Payable	$ 7,000,000
Line of Credit Facility, Expiration Date	Feb. 26, 2025
Line of Credit Facility, Average Outstanding Amount		$ 6,350,000

Debt (Details Narrative)

Debt (Details Narrative) - Term Loan Agreement [Member] - Four Cubed Acquisition Company LLC [Member]	Jan. 31, 2022 USD ($)
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Payments for loans	$ 3,250,000
Debt interest rate	4%
Monthly payment	$ 59,854
Loan initiation fees	$ 25,431

Schedule of Fair Value Assumpti

Schedule of Fair Value Assumptions of Warrants (Details)	Mar. 31, 2024	Mar. 06, 2024	Jan. 19, 2024
Expected term (years)	2 years 10 months 24 days
Pre-Funded Warrant [Member] | Measurement Input, Price Volatility [Member]
Warrants measurement input	87.36	90.90	112.98
Pre-Funded Warrant [Member] | Measurement Input, Expected Dividend Rate [Member]
Warrants measurement input	0	0	0
Pre-Funded Warrant [Member] | Measurement Input, Expected Term [Member]
Expected term (years)	3 years 10 months 24 days	3 years 11 months 1 day	4 years 29 days
Pre-Funded Warrant [Member] | Measurement Input, Risk Free Interest Rate [Member]
Warrants measurement input	4.21	4.12	3.75

Convertible Debenture and War_3

Convertible Debenture and Warrant (Details Narrative) - USD ($)					3 Months Ended		11 Months Ended	12 Months Ended
	Mar. 06, 2024	Jan. 19, 2024	Nov. 01, 2023	Feb. 15, 2023	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2023	Apr. 23, 2023	Feb. 14, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Debt instrument interest rate effective percentage							50%	50%
initial debt discount					$ 0		$ 283,335	$ 283,335		$ 400,000
Change in fair value of the convertible debenture							(255,229)	(255,229)
Amortization of debt discount for OID					71,781	$ 65,592	$ 16,667
Class of warrant exercise price										$ 45
Adjustments to Additional Paid in Capital, Warrant Issued					$ 287,150	1,174,229		$ 1,174,229
Common stock, shares issued					3,361,608		2,863,734	2,863,734	26,881,244		2,688,541
Deemed dividend					$ 204,391
Warrant [Member]
Debt Instrument [Line Items]
Change in fair value of the convertible debenture						$ (170,636)
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				$ 4.0704
Beneficial ownership percentage				9.99%
2023 Warrant [Member]
Debt Instrument [Line Items]
Gross amount					$ 3,000,000
Settlement Agreement [Member]
Debt Instrument [Line Items]
Debt accrued and unpaid interest		$ 4,484,230
Excess assets, percentage					33%
Debenture principal amount, percentage		110%
Settlement Agreement [Member] | 2023 Warrant [Member]
Debt Instrument [Line Items]
Warrant repurchase					$ 900,000
Exchange Agreement [Member]
Debt Instrument [Line Items]
Warrant repurchase	$ 900,000
Exchange Agreement [Member] | 2023 Warrant [Member]
Debt Instrument [Line Items]
Warrant repurchase	$ 170,636
Common stock, shares issued	156,207
Deemed dividend					$ 44,619
Exchange Agreement [Member] | Pre-Funded Warrant [Member]
Debt Instrument [Line Items]
Common stock, shares issued	469,560
Senior Convertible Debenture [Member]
Debt Instrument [Line Items]
Debt instrument interest rate stated percentage										8%
Debt instrument interest rate effective percentage										10%
Debt instrument face amount				$ 4,000,000						$ 4,400,000
Convertible conversion price1										$ 7
Long term debt										$ 7
Reset price										$ 4.1772
Convertible conversion price										$ 3
Debt accrued and unpaid 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) - USD ($)	Dec. 31, 2023	Mar. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total	$ 255,229
Convertible Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total	4,395,753
Fair Value, Inputs, Level 1 [Member] | Convertible Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total
Fair Value, Inputs, Level 2 [Member] | Convertible Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total
Fair Value, Inputs, Level 3 [Member] | Convertible Debt [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total	$ 4,395,753
Warrant [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total		$ 170,636
Warrant [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total
Warrant [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total
Warrant [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Convertible Debenture Total		$ 170,636

Schedule of Significant Unobser

Schedule of Significant Unobservable Inputs (level 3) and Related Expenses and Losses (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, December 31, 2022	$ 4,395,753
Fair Value, December 31, 2023			$ 4,395,753
Principle repayments	(4,148,571)
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, December 31, 2022	4,395,753
Principle and interest convertible debenture repayments	(4,395,753)
Issuance of warrant repurchase balance	900,000
Conversion of warrants to shares and pre-funded warrants	(498,029)
Change in fair value	(231,335)		1,230,234
Fair Value, December 31, 2023	$ 170,636		4,395,753
Issuance of convertible debenture			2,825,771
Accretion for discount for warrants			342,481
Accretion for discount for OID			116,667
Interest expense			299,648
Principle repayments			$ (419,048)

Schedule of CCC Spreads (Detail

Schedule of CCC Spreads (Details) - Measurement Input, Credit Spread [Member]	12 Months Ended
	Dec. 31, 2023
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Issuance - February 14, 2023	4.13%
Fair Value - December 31, 2023	1.29%

Fair Value (Details Narrative)

Fair Value (Details Narrative)		3 Months Ended
	Mar. 06, 2024 USD ($) shares	Mar. 31, 2024 USD ($) $ / shares shares	Dec. 31, 2023 shares	Apr. 23, 2023 shares	Dec. 31, 2022 shares
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Common Stock, Shares, Issued | shares		3,361,608	2,863,734	26,881,244	2,688,541
Debt instrument discount rate percentage			50%
Warrant term		2 years 10 months 24 days
Measurement Input, Share Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debenture measurement input | $ / shares		3.50
Measurement Input, Exercise Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debenture measurement input | $ / shares		8.75
Measurement Input, Expected Dividend Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debenture measurement input		0	0
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debenture measurement input		3.96	5.60
Measurement Input, Price Volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Debenture measurement input		40
Settlement Agreement [Member] | 2023 Warrant [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Payments for Repurchase of Warrants | $		$ 900,000
Exchange Agreement [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Payments for Repurchase of Warrants | $	$ 900,000
Exchange Agreement [Member] | 2023 Warrant [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Payments for Repurchase of Warrants | $	$ 170,636
Common Stock, Shares, Issued | shares	156,207
Exchange Agreement [Member] | Pre-Funded Warrant [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Common Stock, Shares, Issued | shares	469,560

Schedule of Warrant Activity (D

Schedule of Warrant Activity (Details) - $ / shares	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Warrants
Number of Shares, Outstanding beginning	1,158,015	464,046	464,046
Weighted Average Exercise Price Per Share, Outstanding beginning	$ 3.43	$ 0.72	$ 0.72
Weighted Average Remaining Life (Years), Outstanding ending	7 years 7 months 13 days	4 years 1 month 17 days	3 years 6 months 29 days	2 years 11 months 15 days
Number of Shares, Previously issued regular warrants	(469,560)	(266,667)
Weighted Average Exercise Price Per Share, Previously issued regular warrants exchanged	$ 4.10	$ (8.93)
Weighted Average Remaining Life (Years), Exchanged revalued warrants issued	1 year 4 months 2 days
Number of Shares,Exchanged revalued warrants issued	469,560
Weighted Average Exercise Price Per Share, Exchanged revalued warrants issued	$ 0
Weighted Average Remaining Life (Years), Exchanged revalued warrants issued	6 years 3 months 3 days
Number of shares, Exercised	(422,874)
Weighted Average Exercise Price Per Share, Exercised	$ 1.89
Number of shares, Outstanding ending	735,141	1,344,046	1,158,015	464,046
Weighted Average Exercise Price Per Share, Outstanding ending	$ 1.70	$ 2.93	$ 3.43	$ 0.72
Weighted Average Remaining Life (Years), Previously issued regular warrants		6 months 7 days
Number of Shares, 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, 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

Warrants (Details Narrative)

Warrants (Details Narrative)			3 Months Ended
	Feb. 15, 2023 USD ($) $ / shares	Feb. 14, 2023 $ / shares shares	Mar. 31, 2024 USD ($)	Mar. 31, 2023	Jan. 19, 2024 shares	Dec. 31, 2023 USD ($)	Jun. 14, 2023 shares	Nov. 19, 2021 USD ($)
Warrant issuance | shares		266,667
Warrant per share		$ 45
Dividend rate			0%	0%
Remaining term			2 years 10 months 24 days
Warrant assumptions | shares		880,000
Additional paid in capital | $			$ 78,439,164			$ 77,909,981
Class of warrant or right issued | shares					266,667		266,667
Class of warrant received | shares					160,000
Warrant [Member]
Warrant per share	$ 4.0704
Additional paid in capital | $								$ 11,435
Fair value adjustment of warrants | $	$ 1,218,205
Increase in fair value of re-priced warrants | $	$ 1,206,771
Warrant [Member] | Fair Value, Inputs, Level 3 [Member]
Remaining 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]
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]
Warrant per share		$ 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, 2024	Mar. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Expected volatility minimum	51.02%	53.60%
Expected volatility maximum	116.56%	53.60%
Expected dividends	0%	0%
Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected term (years)	5 years	5 years 9 months 18 days
Risk-free rate	0.40%	3.90%
Fair value of Ordinary Shares on grant date	1.70%	17%
Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected term (years)	6 years	5 years 10 months 24 days
Risk-free rate	4.33%	4.10%
Fair value of Ordinary Shares on grant date	32.88%	27%

Schedule of Stock Option Activi

Schedule of Stock Option Activity (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Retirement Benefits [Abstract]
Number of shares, Outstanding, beginning balance	414,819	288,912	288,912
Weighted average exercise price, Outstanding, beginning balance	$ 8.79	$ 1.14	$ 1.14
Weighted average remaining contractual term, Outstanding	4 years 4 months 24 days	9 years 3 months 18 days	7 years 8 months 12 days
Aggregate intrinsic value, Outstanding, beginning balance	$ 3,750	$ 7,750	$ 7,750
Number of shares, Granted		152,250
Number of shares, Exercised
Number of shares, Forfeited	(102,772)	(7,111)
Weighted average exercise price, Forfeited	$ 5.71	$ 5.70
Number of shares, Expired	(44,580)	(889)
Weighted average exercise price, Expired	$ 9.11	$ 5.70
Number of shares, Outstanding, ending balance	267,467	433,162	414,819
Weighted average exercise price, Outstanding, ending balance	$ 9.92	$ 9.10	$ 8.79
Aggregate intrinsic value, Outstanding, ending balance	$ 3,650	$ 9,500	$ 3,750
Number of Shares, Exercisable	210,226	111,497
Weighted average exercise price, Exercisable	$ 10.84	$ 13.40
Weighted average remaining contractual term, Exercisable	3 years 2 months 12 days	8 years 7 months 6 days
Aggregate intrinsic value, Exercisable	$ 3,650	$ 9,500
Weighted average grant date fair value, Granted		$ 4.50
Weighted average exercise price, Exercised

Schedule of Restricted Stock Un

Schedule of Restricted Stock Units (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Outstanding beginning	1,158,015	464,046	464,046
Weighted Average Exercise Price Per Share, Outstanding beginning	$ 3.43	$ 0.72	$ 0.72
Number of shares, Vested and released		880,000
Weighted average exercise price, Vested and released		$ 2.68
Number of shares, Outstanding ending	735,141	1,344,046	1,158,015	464,046
Weighted Average Exercise Price Per Share, Outstanding ending	$ 1.70	$ 2.93	$ 3.43	$ 0.72
Weighted average remaining contractual term, Outstanding	7 years 7 months 13 days	4 years 1 month 17 days	3 years 6 months 29 days	2 years 11 months 15 days
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Shares, Outstanding beginning
Weighted Average Exercise Price Per Share, Outstanding beginning
Number of shares, Granted	300,000
Weighted average grant date fair value, Granted	$ 1.40
Number of shares, Forfeited
Weighted average exercise price, Cancelled
Number of shares, Vested and released	75,000
Weighted average exercise price, Vested and released
Aggregate intrinsic value, Vested and released	$ 3,200
Number of shares, Outstanding ending	225,000
Weighted Average Exercise Price Per Share, Outstanding ending	$ 1.40
Weighted average remaining contractual term, Outstanding	3 years 9 months 10 days
Aggregate intrinsic value, Outstanding, ending balance

Stock Compensation (Details Nar

Stock Compensation (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Shares granted		152,250
Stock compensation expense	$ 42,152	$ 152,034
Expense discontinued operations	12,041	$ 56,192
Unamortized stock compensation expense	290,893
Unvested stock options	$ 57,241
Weighted average recognition period	8 years 7 months 6 days
Aggregate fair value of RSU awards	$ 108,000
Restricted Stock Units (RSUs) [Member]
Stock compensation expense	108,000
Unamortized stock compensation expense	311,200
Aggregate fair value of RSU awards	$ 419,200
Employees [Member]
Shares granted	0	152,250

Schedule of Companies Reportabl

Schedule of Companies Reportable Segments (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue from External Customer [Line Items]
Revenue	$ 975,946	$ 1,232,761
Cost of revenues	688,734	842,682
Operating loss	(1,684,863)	(1,655,255)
Net income (loss), after taxes	(1,760,811)	(2,157,183)
Affiliate Marketing Services International [Member]
Revenue from External Customer [Line Items]
Revenue	767,945	1,008,276
Cost of revenues	568,691	667,906
Operating loss	(1,303,316)	(1,050,403)
Net income (loss), after taxes	(1,373,352)	(1,459,773)
Affiliate Marketing Services United States [Member]
Revenue from External Customer [Line Items]
Revenue	208,001	224,485
Cost of revenues	120,043	174,776
Operating loss	(381,547)	(604,852)
Net income (loss), after taxes	$ (378,459)	$ (697,410)

Schedule of Revenues by Country

Schedule of Revenues by Country (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 975,946	$ 1,232,761
Affiliate Marketing Services International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	767,945	1,008,276
Affiliate Marketing Services United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	208,001	224,485
UNITED STATES
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	208,001	224,485
UNITED STATES | Affiliate Marketing Services International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue
UNITED STATES | Affiliate Marketing Services United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	208,001	224,485
Rest Of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	767,945	1,008,276
Rest Of World [Member] | Affiliate Marketing Services International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	767,945	1,008,276
Rest Of World [Member] | Affiliate Marketing Services United States [Member]
Revenues from External Customers and Long-Lived Assets [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, 2024	Mar. 31, 2023
Customer A [Member]
Revenue, Major Customer [Line Items]
Percentage of consolidated revenues	42%	35%
Customer B [Member]
Revenue, Major Customer [Line Items]
Percentage of consolidated revenues	19%	39%

Schedule of Contract Assets and

Schedule of Contract Assets and Liabilities (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Accounts receivable	$ 364,009	$ 415,119
Unbilled revenue		$ 12,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative)	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Effective tax rate percentage	0.30%

Schedule of Computation of Dilu

Schedule of Computation of Diluted Shares Outstanding (Details) - shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total Dilutive	472,060
Total	772,731	1,732,882
Prefunded Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total Dilutive	469,560
Total		125,359
MTS Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total Dilutive	2,500
Total	5,833	8,333
Equity Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	264,967	433,162
Series A-1 Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	7,202	6,880
Series B Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	12,481	12,481
Regular Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	254,233	266,667
Sports Hub Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	3,015
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total	225,000
Purchase Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Total		880,000

Schedule of Loss Per Share and

Schedule of Loss Per Share and Weighted-average (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net loss from continuing operations	$ (1,760,811)	$ (2,157,183)
Net loss from continuing operations available to common stockholders	(1,805,430)	(2,158,132)
Net income (loss) from discontinued operations, net of tax, available to common stockholders	14,111,167	(666,563)
Net income (loss) available to common stockholders	$ 12,305,737	$ (2,824,695)
Weighted average shares, basic	3,109,670	2,813,900
Weighted average shares, diluted	3,581,730	2,813,900
Net (loss) from continuing operations per share	$ (0.58)	$ (0.77)
Net income (loss) from discontinued operations per share	4.54	(0.24)
Net income (loss) per share	3.96	(1.01)
Net (loss) from continuing operations per share	(0.58)	(0.77)
Net income (loss) from discontinued operations per share	3.94	(0.24)
Net income (loss) per share	$ 3.36	$ (1.01)
Preferred Stock [Member] | Series B Preferred Stock [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Less: deemed dividend on warrant exchange agreement	$ (44,619)
Less: dividends on series B preferred stock		$ (949)

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CJEM, LLC [Member]
Related Party Transaction [Line Items]
Rent expenses	$ 3,200	$ 9,600
Board of Directors Chairman [Member]
Related Party Transaction [Line Items]
Related party costs	$ 142,827	$ 381,935

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)		3 Months Ended
	May 01, 2024	Mar. 31, 2024	Feb. 13, 2024	Dec. 31, 2023
Subsequent Event [Line Items]
Common stock, par value		$ 0.001	$ 0.20	$ 0.001
Stock issued during period, value, new issues		$ 160,000
ATM Sales Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Common stock, par value	$ 0.0001
Stock issued during period, value, new issues	$ 1,676,366