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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 2,851,100 $ 3,129,800
Stable coins 3,146,300 254,400
Digital assets 7,851,100 7,696,700
Accounts receivable 296,700
Prepaid expenses and other assets 3,192,500 489,700
Total current assets 17,337,700 11,570,600
Non-current Assets:    
Long-term investments 2,270,800 1,770,800
Goodwill 2,889,200
Content assets 1,703,700
Total non-current assets 6,863,700 1,770,800
Total assets 24,201,400 13,341,400
Current liabilities:    
Accounts payable 44,700
Contract liabilities 1,561,400
Income taxes payable 1,500 1,100
Other current liabilities and accrued expenses 6,258,600 185,400
Subscription advanced from the stockholders 2,755,100
Total liabilities 7,866,200 2,941,600
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 and 40,000,000 shares authorized, 35,940,631 and 31,724,631 shares outstanding at March 31, 2024 and December 31, 2023, respectively 36,000 31,800
Paid-in capital 34,179,100 27,822,200
Accumulated deficit (18,321,000) (17,454,200)
Total Mega Matrix Corp. Stockholders’ Equity 15,894,100 10,399,800
Non-controlling interests 441,100
Total equity 16,335,200 10,399,800
Total liabilities and equity $ 24,201,400 $ 13,341,400