Lottery.com Files 2023 Annual Report Amendment
Ticker: LTRYW · Form: 10-K/A · Filed: Jun 4, 2024 · CIK: 1673481
| Field | Detail |
|---|---|
| Company | Lottery.Com INC. (LTRYW) |
| Form Type | 10-K/A |
| Filed Date | Jun 4, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.001, $230.00, $2.71, $3.85 million, $1.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, annual-report, sec-filing, lottery
Related Tickers: LTRYW
TL;DR
LOTTERY.COM (LTRY) FILED ITS 2023 10-K AMENDMENT. CHECK IT OUT.
AI Summary
Lottery.com Inc. filed an amendment (No. 1) to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023. The filing indicates the company is registered in Delaware and its principal executive offices are located at 20808 State Hwy 71 W, Unit B, Spicewood, TX 78669. Lottery.com's common stock trades under the symbol LTRY on The Nasdaq Stock Market LLC.
Why It Matters
This amendment provides updated financial and operational information for Lottery.com Inc. for the fiscal year 2023, which is crucial for investors to assess the company's performance and outlook.
Risk Assessment
Risk Level: medium — Amendments to annual reports can sometimes indicate previously undisclosed issues or corrections, warranting a medium risk assessment until the full implications are understood.
Key Numbers
- 001-38508 — Commission File Number (Identifies the specific SEC filing)
- 81-1996183 — I.R.S. Employer Identification No. (Tax identification for the company)
- $0.001 — Par value per share (Nominal value of common stock shares)
- $230.00 — Warrant exercise price (Price at which warrants can be exercised)
Key Players & Entities
- Lottery.com Inc. (company) — Registrant
- December 31, 2023 (date) — Fiscal year end
- Delaware (jurisdiction) — State of incorporation
- 20808 State Hwy 71 W , Unit B Spicewood , TX 78669 (address) — Principal executive offices
- LTRY (ticker) — Common stock trading symbol
- The Nasdaq Stock Market LLC (company) — Exchange where common stock is registered
FAQ
What specific changes or additions are made in this Amendment No. 1 to the 10-K filing?
The filing is an amendment to the Annual Report on Form 10-K for the fiscal year ended December 31, 2023, indicating that the original filing may have contained errors or omissions that are now being corrected or supplemented.
What is the primary business of Lottery.com Inc. as suggested by its name and stock ticker?
Based on its name 'Lottery.com Inc.' and ticker symbol 'LTRY', the company is likely involved in online lottery services or related platforms.
Where are Lottery.com Inc.'s principal executive offices located?
The principal executive offices of Lottery.com Inc. are located at 20808 State Hwy 71 W, Unit B, Spicewood, TX 78669.
On which stock exchange does Lottery.com Inc.'s common stock trade?
Lottery.com Inc.'s common stock, trading under the symbol LTRY, is registered on The Nasdaq Stock Market LLC.
Does Lottery.com Inc. have any securities registered under Section 12(g) of the Act?
No, the filing explicitly states that Lottery.com Inc. has no securities registered pursuant to Section 12(g) of the Act.
Filing Stats: 4,482 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2024-06-03 19:53:57
Key Financial Figures
- $0.001 — ch registered Common stock, par value $0.001 per share LTRY The Nasdaq Stock Mar
- $230.00 — mon stock, each at an exercise price of $230.00 LTRYW The Nasdaq Stock Market LLC
- $2.71 — date on The Nasdaq Stock Market LLC of $2.71. As of May 17, 2024, there were 4,780
- $3.85 million — as of December 31, 2023, approximately $3.85 million in outstanding payroll and $1.0 million
- $1.0 million — 3.85 million in outstanding payroll and $1.0 million in outstanding director compensation ob
Filing Documents
- form10-ka.htm (10-K/A) — 2526KB
- ex10-26.htm (EX-10.26) — 497KB
- ex10-27.htm (EX-10.27) — 69KB
- ex10-28.htm (EX-10.28) — 712KB
- ex10-30.htm (EX-10.30) — 17KB
- ex10-40.htm (EX-10.40) — 89KB
- ex10-50.htm (EX-10.50) — 14KB
- ex10-51.htm (EX-10.51) — 2KB
- ex21-1.htm (EX-21.1) — 4KB
- ex31-1.htm (EX-31.1) — 12KB
- ex31-2.htm (EX-31.2) — 11KB
- ex32-1.htm (EX-32.1) — 5KB
- ex32-2.htm (EX-32.2) — 4KB
- audit_001.jpg (GRAPHIC) — 4KB
- audit_002.jpg (GRAPHIC) — 2KB
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- image_001.jpg (GRAPHIC) — 1KB
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- ex10-50_001.jpg (GRAPHIC) — 74KB
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- ex10-51_001.jpg (GRAPHIC) — 339KB
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- ex10-51_003.jpg (GRAPHIC) — 87KB
- 0001493152-24-022440.txt ( ) — 26051KB
- ltry-20231231.xsd (EX-101.SCH) — 55KB
- ltry-20231231_cal.xml (EX-101.CAL) — 84KB
- ltry-20231231_def.xml (EX-101.DEF) — 311KB
- ltry-20231231_lab.xml (EX-101.LAB) — 494KB
- ltry-20231231_pre.xml (EX-101.PRE) — 425KB
- form10-ka_htm.xml (XML) — 1445KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations. 54 Item 7A.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk. 69 Item 8.
Financial Statements and Supplementary Data
Financial Statements and Supplementary Data. F-1 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure. 70 Item 9A.
Controls and Procedures
Controls and Procedures. 70 Item 9B. Other Information. 72 Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections. 73 PART III 73 Item 10. Directors, Executive Officers and Corporate Governance. 73 Item 11.
Executive Compensation
Executive Compensation. 78 Item 12.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 81 Item 13. Certain Relationships and Related Transactions, and Director Independence. 82 Item 14. Principal Accounting Fees and Services. 82 PART IV 84 Item 15. Exhibits, Financial Statement Schedules. 84 Item 16. Form 10-K/A Summary 85 i CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND RISK FACTOR SUMMARY This Amendment No. 1 to Annual Report on Form 10-K/A (this "Amended Report") contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements about the financial condition, results of operations, earnings outlook and prospects of Lottery.com Inc. ("Lottery.com", the "Company", "we" or "us"). Forward-looking Business ," " Item 1A. Risk Factors ," and in Part II, " Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. " In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking in circumstances and their potential effects