Business Combination (Tables)

12 Months Ended

Dec. 31, 2020

Business Combinations [Abstract]

Schedule of Business Combination

The aggregate consideration paid by the Company in the business combination is $21,313,378.72.

Date	Description	Shares Acquired		Per Share Price		Consideration
January 4, 2019	SportBLX Purchase Agreement		10,526	$	95.0029	$	1,000,000
September 16, 2019	SportBLX Purchase Agreement		679		263.4074		178,854
October 18, 2019	SportBLX Purchase Agreement		2,314		263.4074		609,525
			13,519				1,788,379
December 12, 2019	De Perio Agreement		17,076		355.0000		6,061,980
December 12, 2019	Hall Agreement		37,924		355.0000		13,463,020
			55,000				19,525,000
Total shares and consideration			68,519			$	21,313,379

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

The following table presents the fair value of the assets acquired and liabilities assumed at the date of acquisition:

Cash and cash equivalents	$	3,365
Sundry receivable		14,772
Investment – Race Horses		220,000
Investment – BLX Trading Corp		4,600
TANGIBLE ASSETS ACQUIRED		242,737
Accounts payable	$	712,160
Accrued expenses		50,000
Accrued interest payable		27,796
Note payable		2,000,000
LIABILITIES ASSUMED		2,789,956
NET LIABILITIES ASSUMED		(2,547,219	)
Goodwill		50,552,094
INTANGIBLE ASSETS ACQUIRED		50,552,094
Consideration		21,313,379
Unrealized gain		3,010,866
Total GlassBridge Enterprises, Inc. interest		24,324,245
Noncontrolling interests		23,680,630
	$	48,004,875

Schedule of Business Combination Per Forma Information

The following table provides unaudited pro forma information for the periods presented as if the SportBLX acquisition had occurred January 1, 2019:

	Year ended December 31,
	2019
		(in millions)
Revenues	$	(0.1	)
Loss from continuing operations	$	(10.6	)