Non-Controlling Interest in Versus LLC |
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Non-Controlling Interest In Versus LLC [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NON-CONTROLLING INTEREST IN VERSUS LLC |
The Company holds an 81.9% ownership interest in Versus LLC, a privately held limited liability company organized under the laws of the state of Nevada. The Company consolidates Versus LLC as a result of having full control over the voting shares. Versus LLC is a technology company that is developing a business-to-business software platform that allows video game publishers and developers to offer prize-based matches of their games to their players.
The net loss for Versus, LLC for the three-month periods ended March 31, 2025 and 2024 was $1,075,861 and $957,415, respectively. The net loss attributable to the non-controlling interest for the three-month periods ended March 31, 2025 and 2024 was $194,731 and $173,292, respectively
The following table presents summarized financial information before intragroup eliminations for the non-wholly owned subsidiary as of March 31, 2025 and December 31, 2024, respectively.
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