Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 376

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1C
Chunk 376
---
-  
     -  
     - 
  
    Agency 
     788,379  
     2,654,596  
     -  
     3,442,975 
  
    SaaS + Advertising 
     -  
     4,715,560  
     1,942,987  
     6,658,547 
  
    Total Gross profit 
    $788,379  
    $7,370,156  
    $1,942,987  
    $10,101,522 

Management
does not evaluate operating segments using discrete asset information. The Company’s consolidated assets are generally shared across,
and are not specifically ascribed to, operating and reportable segments.

Property
and equipment, net, by geographic region, are summarized as follows:

 Schedule
of property and equipment net by geographic region

    December 31, 2024  
    December 31, 2023 
  
    USA 
    $297,727  
    $2,456,563 
  
    United Kingdom 
     1,337  
     1,814 
  
    Spain 
     4,886  
     6,256 
  
    Total 
    $303,950  
    $2,464,633 

21.
Fair value measurements

The
carrying value of cash approximates fair value. The carrying amount of other current assets and liabilities, such as accounts and other
receivables and accounts payable, approximates fair value due to the short-term maturity of the amounts, and such current assets and
liabilities are considered Level 2 in the fair value hierarchy.

    F-45

The
following table summarizes financial assets and liabilities measured at fair value on a recurring basis:

 Schedule
of financial assets and liabilities measured at fair value on a recurring basis

    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 

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

    Contingent consideration 
    $-  
    $-  
    $-  
    $- 
  
    Liabilities: 

    Warrant liability 
     -  
     -  
     14,