Commitments and Contingencies (Details) - USD ($) |
1 Months Ended | 12 Months Ended | ||||||||||||||
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Nov. 05, 2020 |
Jan. 14, 2020 |
Nov. 05, 2019 |
Mar. 23, 2017 |
Dec. 30, 2020 |
Sep. 30, 2020 |
Jul. 20, 2020 |
Apr. 24, 2020 |
Mar. 26, 2020 |
Oct. 22, 2019 |
Jun. 30, 2019 |
Dec. 31, 2020 |
Dec. 31, 2019 |
Jun. 30, 2020 |
Mar. 23, 2020 |
Aug. 09, 2019 |
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Commitments and Contingencies (Textual) | ||||||||||||||||
Operating leases, description | Allied Esports entered into a non-cancellable operating lease for 30,000 square feet of event space in Las Vegas, Nevada, for the purpose of hosting Esports activities (the “Las Vegas Lease”). As part of the Las Vegas Lease, Allied Esports committed to build leasehold improvements to repurpose the space for Esports events prior to March 23, 2018, the day the Arena opened to the public (the “Commencement Date”). Initial lease terms are for minimum monthly payments of $125,000 for 60 months with an option to extend for an additional 60 months at $137,500 per month. Additional annual tenant obligations are estimated at $2 per square foot for Allied Esports’ portion of real estate taxes and $5 per square foot for common area maintenance costs. Lease payments began at the Commencement Date. The aggregate base rent payable over the lease term will be recognized on a straight-line basis. | |||||||||||||||
Lease and rent description | (i) $299,250 of deferred minimum monthly rent and additional rent due under the lease for the period from April 1, 2020 through June 3, 2020 must be paid in its entirety by December 31, 2021; (ii) the monthly rent to be paid for the period from June 25 through December 31, 2020 (the “Rent Relief Period) was reduced to an amount equal to 20% of gross sales (excluding food sales) at the event space (the “Percentage Rent”), (iii) the initial term of the lease was extended for two additional months until May 31, 2023, and (iv) the option period to extend the lease was extended to between April 1, 2022 and September 30, 2022. Pursuant to the Amended Las Vegas Lease, if the aggregate Percentage Rent during the Rent Relief Period is less than $194,000, Allied Esports must pay the shortfall no later than December 31, 2021. | |||||||||||||||
Rent expense | $ 200,570 | |||||||||||||||
Lease description | The lease expires on October 1, 2033. Current base rent pursuant to the Irvine Lease is $41,027 per month, increasing to $58,495 per month over the term of the lease. | |||||||||||||||
Return of cash held in escrow | $ 3,650,000 | $ 3,650,000 | ||||||||||||||
Consulting fee commitment | $ 348,853 | |||||||||||||||
Cash bonus payments | $ 1,245,000 | |||||||||||||||
Aggregate lump-sum severance payments | $ 522,827 | |||||||||||||||
Change-in-control of WPT, description | On December 30, 2020, Company’s Board of Directors approved, subject to a change-in-control of WPT which accelerates the vesting of AESE option grants held by WPT employees, the extension of the exercise period of the options as follows: (i) the options to purchase an aggregate of 340,000 shares of AESE common stock held by the WPT CEO and General Counsel may be exercised until the 10-year anniversary of the issuance date, and (ii) the remaining options to purchase an aggregate of 300,000 shares of AESE common stock may be exercised until the one-year anniversary of the change-in-control. | |||||||||||||||
Simon Agreement [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Agreement, description | The Simon Agreement and the related Escrow Agreement, as amended, permitted Simon to request the return of any funds remaining in escrow if the parties did not agree on the 2020 spending plan by March 8, 2020. On March 18, 2020, as the COVID-19 pandemic accelerated in the United States, Simon notified the escrow agent that the parties had not agreed on a 2020 spending plan and requested the return of the remaining funds in the escrow account. The escrow agent returned the remaining $3,650,000 to Simon on March 26, 2020. | |||||||||||||||
Balance in escrow account | $ 0 | $ 3,650,000 | $ 4,950,000 | |||||||||||||
Investment agreements cash | $ 1,300,000 | |||||||||||||||
Aggregate Rent Expense [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Aggregate rent expense | 1,967,967 | 1,678,775 | ||||||||||||||
With in-person [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Aggregate rent expense | 1,390,093 | 1,431,818 | ||||||||||||||
General and Administrative Expense [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Aggregate rent expense | 577,874 | $ 246,957 | ||||||||||||||
Share Purchase Agreement [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Alleged damages claim | $ 3,100,000 | |||||||||||||||
Agreement, description | the Company issued 758,725 shares of its common stock to BPR Cumulus LLC, an affiliate of Brookfield Property Partners (“Brookfield”) in exchange for $5,000,000 (the “Purchase Price”) pursuant to a Share Purchase Agreement (the “Brookfield Agreement”). The Purchase Price was placed into escrow and is to be used by the Company or its subsidiaries to develop integrated esports experience venues at mutually agreed upon shopping malls owned and/or operated by Brookfield or any of its affiliates (each, an “Investor Mall”), that will include a dedicated gaming space and production capabilities to attract and to activate esports and other emerging live events (each, an “Esports Venue”). To that end, half of the Purchase Price will be released from escrow to the Company upon the execution of a written lease agreement between Brookfield and the Company for the first Esports Venue, and the other half will be released to the Company upon the execution of a written lease agreement between Brookfield and the Company for the second Esports Venue. Further, pursuant to the Brookfield Agreement, the Company must create, produce, and execute three (3) esports events during each calendar year 2020, 2021 and 2022 that will include the Company’s esports truck at one or more Investor Malls at mutually agreed times. The balance held in escrow as of December 31, 2020 is $5,000,000 and is reflected in restricted cash on the accompanying consolidated balance sheet. | |||||||||||||||
Chief Executive Officer [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Agreement provides for base salary | $ 300,000 | |||||||||||||||
Restricted stock granted, shares (in Shares) | 17,668 | |||||||||||||||
Stock Issued During Period, Value, Restricted Stock Award, Gross | $ 100,000 | |||||||||||||||
Percentage of annual salary | 80.00% | |||||||||||||||
Annual salary | $ 210,000 | $ 60,000 | ||||||||||||||
initial annual base salary | $ 300,000 | |||||||||||||||
Obligate to pay | $ 1,000,000 | |||||||||||||||
Mr. Ng’s [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Annual salary | 400,000 | |||||||||||||||
Board of Directors [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Cash bonus payments | 1,245,000 | |||||||||||||||
WPT [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Other Commitment, to be Paid, Remainder of Fiscal Year | 674,000 | |||||||||||||||
Employees [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Other Commitment, to be Paid, Remainder of Fiscal Year | $ 571,000 | |||||||||||||||
TV Azteca Agreement [Member] | ||||||||||||||||
Commitments and Contingencies (Textual) | ||||||||||||||||
Investment agreements purchased shares (in Shares) | 742,692 | |||||||||||||||
Investment agreements common stock value | $ 5,000,000 | |||||||||||||||
Strategic initiatives | $ 7,000,000 | |||||||||||||||
Amount paid | $ 5,000,000 | |||||||||||||||
Agreement, description | AESE and TV Azteca entered into an amendment to the TV Azteca Agreement (the “Azteca Amendment’). The Azteca Amendment provides that, subject to the approval of the terms of the Azteca Amendment by the our Board of Directors: (i) TV Azteca waives our obligations under the Term Sheet to pay TV Azteca $1,000,000 on each of March 1, 2021 and March 1, 2022 for various strategic initiatives, and to further invest in and develop an esports platform for the Mexican market; (ii) we shall waive the 24-month lock-up that prohibits TV Azteca from selling or transferring the 763,904 shares of our common stock TV Azteca purchased pursuant to the Share Purchase Agreement (the “Purchased Shares”); (iii) TV Azteca may sell the Purchased Shares in compliance with applicable securities laws, subject to selling at a reasonable market price and subject to a daily volume cap not to exceed 25% of the our total daily Nasdaq trading volume; and (iv) if TV Azteca sells all of the Purchased Shares within a three-month period following our Board of Directors approval of the Azteca Amendment, for gross proceeds of less than $1,600,000, then on March 1, 2021, we shall contribute additional capital to the parties’ strategic alliance pursuant to the Term Sheet in an amount equal to such shortage. TV Azteca did not sell all of the Purchased Shares within such timeframe and we are no longer is required to contribute additional capital to the parties’ strategic alliance pursuant to the Term Sheet. |