Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 121

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1
Chunk 121
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 consideration 
    $-  
    $-  
    $-  
    $- 
  
    Liabilities: 

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

    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 

    As of December 31, 2023 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Assets: 

    Contingent consideration 
    $-  
    $-  
    $501,118  
    $501,118 
  
    Liabilities: 

    Warrant liability 
     -  
     -  
     102,284  
     102,284 
  
    Arbitration reserve 
     428,624  
     -  
     -  
     428,624 
  
    Convertible debt 
     -  
     -  
     8,176,928  
     8,176,928 

(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 investment in
One Up, accounted for under the measurement alternative of ASC 321 (see Note 5), 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.

22.
Subsequent events

The
Company has evaluated subsequent events from the balance sheet date through April 15,