Company research
SharpLink Gaming Ltd.
CIK 1025561Updated Oct 6, 2026
Name history
MER TELEMANAGEMENT SOLUTIONS LTD · through Jul 27, 2021
Filing activity
Latest filing
50 filings on record · 15-12G, 25-NSE, 8-K, RW, 425, 10-Q.
Recent filings
Show 5 more recent filings
Financials
FY 2022 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 65,045,491Source | 20,559,826Source | 5,451,000Source | 8,043,000Source |
| Property, Plant and Equipment, NetUSD | 60,218Source | 72,105Source | 35,000Source | 62,000Source |
| GoodwillUSD | 6,916,095Source | 4,369,986Source | 1,502,000Source | 3,225,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 3,727,933Source | 5,979,779Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | 7,780,341Source | 1,504,000Source | 1,732,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 823,530Source | 1,093,555Source | 407,000Source | 499,000Source |
| Assets, CurrentUSD | 53,910,565Source | 9,488,434Source | 3,491,000Source | 4,103,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 399,000Source | 236,000Source |
| Operating Lease, Right-of-Use AssetUSD | 230,680Source | 165,522Source | — | — |
| Other Assets, NoncurrentUSD | — | 284,000Source | — | 3,225,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 62,058,974Source | 6,368,370Source | — | — |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | 15,000Source | 16,000Source |
| Common Stock, Value, IssuedUSD | 537,731Source | 447,346Source | 37,000Source | 30,000Source |
| Additional Paid in CapitalUSD | 76,039,604Source | 72,101,783Source | 31,360,000Source | 30,635,000Source |
| Retained Earnings (Accumulated Deficit)USD | -73,565,641Source | -58Source | -29,362,000Source | -27,547,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,986,517Source | 14,191,456Source | 2,021,000Source | 3,105,000Source |
| Liabilities and EquityUSD | 65,045,491Source | 20,559,826Source | 5,451,000Source | 8,043,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 58,911,033Source | 5,860,555Source | 3,124,000Source | 3,944,000Source |
| Operating Lease, Liability, CurrentUSD | 31,070Source | 29,265Source | — | — |
| Accounts Payable, CurrentUSD | 851,031Source | — | 114,000Source | 149,000Source |
| Operating Lease, Liability, NoncurrentUSD | 210,037Source | 136,257Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | 6,206Source | — | — | — |
| Other Liabilities, NoncurrentUSD | — | 366,000Source | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 776,530Source | 930,795Source | — | — |
| Accrued Liabilities, CurrentUSD | — | 3,306,499Source | 1,769,000Source | 2,317,000Source |
| Deferred Revenue, CurrentUSD | — | — | 745,000Source | 962,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 163,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 2,931,698Source | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 1,018,918Source | — | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 2,931,698Source | — | — | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -15,303,402Source | — | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | — | 32,000Source | 79,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 2,486,151Source | 1,656,674Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -319,737Source | -42,950Source | -92,000Source | -105,000Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | -35,000Source | -15,000Source |
| Deferred Income Tax Expense (Benefit)USD | 625Source | 1,172Source | -334,000Source | -18,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -5,937,386Source | -6,071,204Source | -1,394,000Source | -148,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 48,859,270Source | -1,932,000Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 48,302,068Source | -4,411,720Source | -5,000Source | -60,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 25,707Source | — | 5,000Source | 60,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,675,343Source | 15,678,085Source | 710,000Source | 790,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 45,040,025Source | — | -689,000Source | 582,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 2,507,000Source | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 109,165Source | — | — | — |
| Income Taxes Paid, NetUSD | 19,916Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 1,009,269Source | 1,656,674Source | 21,000Source | 47,000Source |
| Amortization of Intangible AssetsUSD | 1,140,472Source | 241,253Source | — | — |
| DepreciationUSD | 25,345Source | 28,891Source | 32,000Source | 58,000Source |
| Financing Interest ExpenseUSD | 94,685Source | 94,685Source | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 4,000Source | 4,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -2,594Source | — | — | — |
| General and Administrative ExpenseUSD | 285,673Source | 284,625Source | 1,867,000Source | 2,144,000Source |
| GoodwillUSD | 6,916,095Source | 4,369,986Source | 1,502,000Source | 3,225,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 4,726,000Source | — | — | — |
| Goodwill, Impairment LossUSD | 1,515,000Source | — | 1,723,000Source | 254,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 3,211,000Source | — | 1,106,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -15,303,402Source | 55,627,135Source | -1,778,000Source | -192,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 70,024Source | -17,000Source | 37,000Source | 57,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -37,000Source | 57,000Source |
| Income Tax Expense (Benefit)USD | 11,366Source | 6,083Source | -325,000Source | 4,000Source |
| Net Income (Loss) Attributable to ParentUSD | -15,233,378Source | 55,644,135Source | -1,815,000Source | -135,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -15,242,240Source | 52,888,182Source | — | — |
| Nonoperating Income (Expense)USD | 184,481Source | — | — | — |
| Operating ExpensesUSD | 16,610,112Source | 55,932,607Source | 4,342,000Source | 3,506,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 710,000Source | 790,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 24,263Source | — | — |
| Stock or Unit Option Plan ExpenseUSD | 2,022,403Source | — | 21,000Source | 47,000Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 7,288,029Source | — | — | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 11,884,112Source | 6,458,644Source | — | — |
| Operating Income (Loss)USD | -15,476,517Source | 55,650,107Source | -2,119,000Source | -170,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -15,292,036Source | 55,627,135Source | — | — |
| Income Tax Expense (Benefit)USD | 11,366Source | 6,083Source | -325,000Source | 4,000Source |
| Net Income (Loss) Attributable to ParentUSD | -15,233,378Source | 55,644,135Source | -1,815,000Source | -135,000Source |
| Earnings Per Share, BasicUSD per share | -0.62Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 24,879,602Source | — | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 24,879,602Source | 14,300,311Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,140,472Source | 241,253Source | — | — |
| Current Income Tax Expense (Benefit)USD | 10,718Source | 4,911Source | 10,000Source | 22,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,165,517Source | 270,144Source | — | — |
| Financing Interest ExpenseUSD | 94,685Source | 94,685Source | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 4,000Source | 4,000Source |
| General and Administrative ExpenseUSD | 285,673Source | 284,625Source | 1,867,000Source | 2,144,000Source |
| Goodwill, Impairment LossUSD | 1,515,000Source | — | 1,723,000Source | 254,000Source |
| Gross ProfitUSD | 1,133,595Source | 282,500Source | 2,223,000Source | 3,336,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -15,303,402Source | 55,627,135Source | -1,778,000Source | -192,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | -320,000Source | -217,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.62Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 70,024Source | -17,000Source | 37,000Source | 57,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | -37,000Source | 57,000Source |
| Interest and Other IncomeUSD | 72,000Source | 29,055Source | — | — |
| Interest ExpenseUSD | 137,519Source | — | — | — |
| Interest Income (Expense), NetUSD | — | — | 16,000Source | -18,000Source |
| Interest Income, OtherUSD | 72,000Source | — | — | — |
| Interest Revenue (Expense), NetUSD | 7,288,029Source | — | — | — |
| Investment Income, NetUSD | 200,000Source | 200,000Source | — | — |
| Labor and Related ExpenseUSD | -483,524Source | — | — | — |
| Marketing and Advertising ExpenseUSD | 459,976Source | — | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -15,242,240Source | 52,888,182Source | — | — |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | -15,312,264Source | 52,839,182Source | — | — |
| Nonoperating Income (Expense)USD | 184,481Source | — | — | — |
| Operating ExpensesUSD | 16,610,112Source | 55,932,607Source | 4,342,000Source | 3,506,000Source |
| Other IncomeUSD | 250,000Source | — | — | — |
| Research and Development ExpenseUSD | — | — | — | 545,000Source |
| Selling and Marketing ExpenseUSD | — | — | 752,000Source | 817,000Source |