Significant Accounting Policies (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
Significant Accounting Policies (Tables) [Line Items] |
|
Schedule of estimated useful lives of property and equipment |
Computer equipment |
|
3 - 5 years |
Production equipment |
|
5 years |
Furniture and Fixtures |
|
3 - 5 years |
Software |
|
1 - 5 years |
Gaming Truck |
|
5 years |
Leasehold Improvements |
|
10 years |
|
Schedule of anti-diluted shares |
|
|
December 31, |
|
|
|
2020 |
|
|
2019 |
|
Restricted common shares |
|
|
199,143 |
|
|
|
- |
|
Options |
|
|
2,430,000 |
|
|
|
2,480,000 |
|
Warrants |
|
|
20,091,549 |
|
|
|
18,637,003 |
|
Convertible debt |
|
|
439,811 |
(1) |
|
|
1,647,058 |
|
Equity purchase options |
|
|
600,000 |
|
|
|
600,000 |
|
Contingent consideration shares |
|
|
269,231 |
|
|
|
3,846,153 |
|
|
|
|
24,029,734 |
|
|
|
27,210,214 |
|
|
In-person [Member] |
|
Significant Accounting Policies (Tables) [Line Items] |
|
Schedule of revenue recognition |
|
|
For the Years Ended |
|
|
|
December 31, |
|
|
|
2020 |
|
|
2019 |
|
Event revenue |
|
$ |
574,536 |
|
|
$ |
3,544,868 |
|
Sponsorship revenue |
|
|
1,730,198 |
|
|
|
2,081,029 |
|
Food and beverage revenue |
|
|
310,826 |
|
|
|
1,158,004 |
|
Ticket and gaming revenue |
|
|
349,526 |
|
|
|
543,204 |
|
Merchandising revenue |
|
|
22,209 |
|
|
|
171,014 |
|
Other revenue |
|
|
1,068 |
|
|
|
244 |
|
Total in-person revenue |
|
$ |
2,988,363 |
|
|
$ |
7,498,363 |
|
|
Multiplatform Revenue [Member] |
|
Significant Accounting Policies (Tables) [Line Items] |
|
Schedule of revenue recognition |
|
|
For the Years Ended |
|
|
|
December 31, |
|
|
|
2020 |
|
|
2019 |
|
Distribution revenue |
|
$ |
222,442 |
|
|
$ |
- |
|
Content revenue |
|
|
- |
|
|
|
50,000 |
|
Total multiplatform revenue |
|
$ |
222,442 |
|
|
$ |
50,000 |
|
|
Adjustment under 606 [Member] |
|
Significant Accounting Policies (Tables) [Line Items] |
|
Schedule of revenue recognition |
|
|
For the Years Ended |
|
|
|
December 31, |
|
|
|
2020 |
|
|
2019 |
|
Revenues Recognized at a Point in Time: |
|
|
|
|
|
|
|
|
Event revenue |
|
$ |
574,536 |
|
|
$ |
3,544,868 |
|
Distribution revenue |
|
|
222,442 |
|
|
|
- |
|
Food and beverage revenue |
|
|
310,826 |
|
|
|
1,158,004 |
|
Ticket and gaming revenue |
|
|
349,526 |
|
|
|
543,204 |
|
Merchandising revenue |
|
|
22,209 |
|
|
|
171,014 |
|
Content revenue |
|
|
- |
|
|
|
50,000 |
|
Other revenue |
|
|
1,068 |
|
|
|
244 |
|
Total Revenues Recognized at a Point in Time |
|
|
1,480,607 |
|
|
|
5,467,334 |
|
|
|
|
|
|
|
|
|
|
Revenues Recognized Over a Period of Time: |
|
|
|
|
|
|
|
|
Sponsorship revenue |
|
|
1,730,198 |
|
|
|
2,081,029 |
|
Total Revenues Recognized Over a Period of Time |
|
|
1,730,198 |
|
|
|
2,081,029 |
|
Total Revenues |
|
$ |
3,210,805 |
|
|
$ |
7,548,363 |
|
|