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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues and other income:    
Operating lease revenue $ 120,000
Gamefi revenue 323,600
Revenue from solo staking 5,400
Revenue from provision of staking technology tools 1,200
Other income 1,900
Revenues and other income 8,500 443,600
Cost of revenues (229,800) (27,800)
Gross (loss) profit (221,300) 415,800
Operating expenses (income):    
Impairment of digital assets 223,000
Gain from exchange of digital assets (7,000)
Professional fees, general and administrative and other 830,400 551,900
Salaries and employee benefits 346,000 632,500
IT expenses 4,700
Insurance 98,900 86,200
Marketing expenses 5,300
Interest 120,000
Reversal of bad debt expense (300,000)
Total operating expenses 1,501,300 1,090,600
Loss from operations before income tax expenses (1,722,600) (674,800)
Income tax benefits (expenses) 61,300 (1,500)
Net loss and comprehensive loss (1,661,300) (676,300)
Less: Net loss and comprehensive loss attributable to non-controlling interests 147,400 140,000
Net loss and comprehensive loss attributable to Mega Matrix Corp.’s shareholders $ (1,513,900) $ (536,300)
Basic (in Dollars per share) $ (0.05) $ (0.02)
Diluted (in Dollars per share) $ (0.05) $ (0.02)
Basic (in Shares) 30,214,054 22,084,055
Diluted (in Shares) 30,214,054 22,084,055