Online lottery and gaming company Lottery.com Inc disclosed Friday it had to to furlough workers, owed $425,000 in outstanding payroll obligations.

Lottery.com inability to pay this amount may result in employees leaving the firm and/or pursuing legal remedies.

A material loss of its employee base may result in Lottery.com inability to operate its technology, meet its obligations to customers, loss of key customer relationships and revenue, and claims for breach of contractual obligations.

If Lottery.com is not able to secure additional capital resources, it will be forced to wind down some or all operations and pursue options for liquidating its assets.

As many as 8.3M shares changed hands as of 1.56 pm ET vs. average trading volume of 268.4K.