For the year ending 2025-12-31, SBET has $2,431,766,000 in assets. $12,749,000 in debts.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | |
|---|---|---|---|---|
| Cash | 28,539,000 | 1,436,729 | 2,487,481 | |
| Usdc stablecoin | 1,882,000 | - | - | |
| Accounts receivable, net of allowance for credit losses of 0 | 221,000 | 264,831 | 415,119 | |
| Other receivables | - | 272,813 | - | |
| Unbilled receivables | - | 0 | 12,000 | |
| Prepaid expenses and other current assets | 329,000 | 310,180 | 383,295 | |
| Due from rsports interactive, inc | - | 307 | - | |
| Current assets from discontinued operations | 182,000 | 269,788 | 67,805,379 | |
| Total current assets | 31,153,000 | 2,554,648 | 71,103,274 | |
| Crypto assets at fair value | 1,899,683,000 | - | - | |
| Crypto assets at cost | 500,912,000 | - | - | |
| Equipment, net | 10,000 | 3,359 | 8,792 | |
| Intangible assets, net | 8,000 | 13,162 | 168,112 | |
| Total assets | 2,431,766,000 | 2,571,169 | 71,280,178 | |
| Accounts payable and accrued expenses | 12,748,000 | 478,280 | 1,463,699 | |
| Line of credit | - | 0 | 6,345,978 | |
| Current portion of long-term debt | - | 0 | 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 | - | 0 | 4,395,753 | |
| Current liabilities from discontinued operations | 1,000 | 10,020 | 66,396,883 | |
| Total current liabilities | 12,749,000 | 488,300 | 79,247,884 | |
| Deferred tax liability | - | 0 | 7,155 | |
| Debt, less current portion | - | 0 | 1,424,908 | |
| Total liabilities | 12,749,000 | 488,300 | 80,679,947 | |
| Preferred stock-Series A1Preferred Stock | - | 1 | - | |
| Preferred stock value-Series AOne Preferred Stock | 0 | - | 1,440 | |
| Preferred stock value-Series BPreferred Stock | 0 | 1 | 2,496 | |
| Common stock, 0.0001 par value authorized shares 2,500,000,000 and 100,000,000, respectively issued 198,635,801 and 407,295, respectively outstanding shares 196,697,343 and 407,287, respectively | 20,000 | 461 | 572,770 | |
| Treasury stock, 1,938,458 and 8 shares, respectively, of common stock at cost | 31,721,000 | 29,000 | 29,000 | |
| Additional paid-in capital | 3,263,114,000 | 79,920,365 | 77,909,981 | |
| Accumulated deficit | -812,396,000 | -77,808,959 | -87,857,456 | |
| Total stockholders equity | 2,419,017,000 | 2,082,869 | -9,399,769 | |
| Total liabilities and stockholders equity | 2,431,766,000 | 2,571,169 | 71,280,178 | |
Sharplink, Inc. (SBET)
Sharplink, Inc. (SBET)