How did SharpLink Gaming's revenue and expenses trend in Q4 2024?

SharpLink Gaming's revenue and expenses in Q4 2024 showed a decline in revenue and an increase in expenses compared to the previous quarter:

1. **Revenue Trend**: The company's total revenue decreased by 3.06% to $1.24 million.
2. **Expense Trend**: The gross margin, which represents the difference between revenue and cost of goods sold, decreased by 3.06 percentage points to 24.75%. This indicates a higher cost of goods sold relative to revenue. Additionally, the company's selling, general, and administrative expenses were $1.24 million, which could suggest that these expenses were largely responsible for the revenue shortfall, as they were equal to the revenue figure for the quarter.

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Gross Profit|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|---|
|SBET|SBET.O|SharpLink Gaming|2024 Q1|1972075||287212|975946||186|
|SBET|SBET.O|SharpLink Gaming|2024 Q2|1484680||280130|981272||186|
|SBET|SBET.O|SharpLink Gaming|2024 Q3|970080||172645|881690||186|
|SBET|SBET.O|SharpLink Gaming|2024 Q4|1242413||166286|823441||186|