v3.24.3
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities        
Net loss attributable to Lottery.com Inc. $ (11,678,299) $ (7,478,525) $ (25,537,315) $ (59,999,072)
Adjustments to reconcile net loss to net cash used in operating activities:        
Net income attributable to noncontrolling interest (88,359) (139,866) 279,747 (379,916)
Depreciation and amortization 2,615,728 2,796,518 5,691,379 5,601,374
Stock-based compensation expense     2,093,199 27,949,257
Loss on impairment of goodwill and intangibles     6,710,200 412,450
Issuance of common stock for legal settlement     241,740
Common stock granted for compensation and as payment in lieu of cash payments for accrued liabilities 7,530,796 716,699    
Changes in assets & liabilities:        
Accounts receivable (215,894) 39,165 184,406 (129,465)
Prepaid expenses (29,125) 17,158 389,164 3,487,315
Notes Receivable     (2,000,000)
Other current assets (261,451) (41,630) (189,082) (492,351)
Trade payables 84,844 186,659 384,169 6,601,098
Accrued and other expenses 432,918 2,639,348 6,982,419 210,805
Deferred revenue (53,571) (53,572) (107,143) (698,049)
Other liabilities 616,556 542,083 625,028
Accrued interest 216,369 528 374,703 307,912
Other long-term assets     125,000 (13,009,686)
Other long-term liabilities 125,000 (1,169)
Prior period adjustments to Accumulated Deficit     (32,151)
Net cash used by operating activities (1,446,044) (575,962) (2,109,222) (31,272,729)
Cash flow from investing activities        
Purchases of property and equipment (127,265)
Purchases of intangible assets (1,124,823)
Net cash used in investing activities (1,252,088)
Cash flow from financing activities        
Proceeds from issuance of notes payable     2,270,993
Payments on notes payable - related parties     (15,664)
Proceeds from issuance of convertible debt 964,985 675,906    
Net cash provided by financing activities 964,985 675,906 2,270,993 (15,664)
Effect of exchange rate changes on cash 149,185 (148,351) 95,289 4,277
Net change in net cash and restricted cash (331,874) (48,407) 257,060 (32,536,204)
Cash and restricted cash at beginning of period 359,826 102,766 102,766 32,638,970
Cash and restricted cash at end of period 27,952 54,359 359,826 102,766
Supplemental Disclosure of Cash Flow Information:        
Interest paid in cash 483,582
Taxes paid in cash