Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 153

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 153
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 value on a recurring basis 

    As of September 30, 2025 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Liabilities: 

    Warrant liability 
     -  
     -  
     7,045  
     7,045 
  
    Arbitration reserve 
     164,091  
     -  
     -  
     164,091 

    As of December 31, 2024 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Liabilities: 

    Warrant liability 
     -  
     -  
     14,314  
     14,314 
  
    Arbitration reserve 
     199,374  
     -  
     -  
     199,374 
  
    Convertible debt 
     -  
     -  
     16,390,488  
     16,390,488 

(a)
Fair values measured on a non-recurring basis

The
Company’s non-financial assets, such as property and equipment, goodwill and intangible assets, are recorded at fair value upon
a business combination and are remeasured at fair value only if an impairment charge is recognized. The Company’s investments, accounted
for under the measurement alternative of ASC 321, is remeasured at fair value only upon an observable price change or if an impairment
charge is recognized. The Company uses unobservable inputs to the valuation methodologies that are significant to the fair value measurements,
and the valuations require management’s judgment due to the absence of quoted market prices. The Company determines the fair value
of its held and used assets, goodwill and intangible assets using an income, cost or market approach as determined reasonable.

Digital
assets measured at fair value under ASC 350-60 are not included in the fair value hierarchy table above, in accordance with ASC
350-60.

(b)
NAV practical expedient

The
investment in Dialectic is measured at fair value using the NAV practical expedient under ASC 820-10 and is not categorized in the fair
value hierarchy. The NAV is calculated monthly by the general partner in accordance with ASC 946 using fair value for substantially all
underlying assets.

19.
Discontinued