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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 4,903,300 $ 7,380,700
Stable coins 942,600
Digital assets 53,100
Taxes receivable 965,800 1,235,200
Prepaid expenses and other assets 431,400 645,100
Goodwill 4,688,600 4,688,600
Deposit for intangible assets 1,000,000
Long-term tax recoverable 10,800
Total assets 11,995,600 14,949,600
Liabilities:    
Accounts payable and accrued expenses 1,609,100 2,961,300
Accrued payroll 130,500 161,300
Income taxes payable 17,900 13,700
Advance from shareholders 2,975,000  
Total liabilities 4,732,500 3,136,300
Commitments and contingencies (Note 13)
Equity:    
Preferred stock, $0.001 par value, 2,000,000 shares authorized, no shares issued and outstanding
Common stock, $0.001 par value, 40,000,000 shares authorized, 22,084,055 and 22,084,055 shares outstanding at September 30, 2022 and December 31, 2021 22,100 22,100
Paid-in capital 16,976,500 16,982,700
Accumulated deficit (8,827,100) (4,954,400)
Total Mega Matrix Corp. (formerly “AeroCentury Corp.”) stockholders’ equity 8,171,500 12,050,400
Non-controlling interests (908,400) (237,100)
Total equity 7,263,100 11,813,300
Total liabilities and equity $ 11,995,600 $ 14,949,600