Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 353

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 353
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 |     |               |  79,249 |   |     |       |   327,066 |   |
| Twelve months ending September 30, 2027         |     |                 |  12,241 |   |     |               |  66,056 |   |     |       |    78,297 |   |
| Twelve months ending September 30, 2028         |     |                 |       - |   |     |               |  57,588 |   |     |       |    57,588 |   |
| Twelve months ending September 30, 2029         |     |                 |       - |   |     |               |  24,981 |   |     |       |    24,981 |   |
| Total lease payments                            |     |                 | 967,471 |   |     |               | 312,140 |   |     |       | 1,279,611 |   |
| Less: discount                                  |     |                 | (31,008 | ) |     |               | (26,240 | ) |     |       |   (57,248 | ) |
| Present value of lease liabilities              |     | $               | 936,463 |   |     | $             | 285,900 |   |     | $     | 1,222,363 |   |
| Present value of lease liabilities, current     |     | $               | 588,180 |   |     | $             |  80,631 |   |     | $     |   668,811 |   |
| Present value of lease liabilities, non-current |     | $               | 348,283 |   |     | $             | 205,269 |   |     | $     |   553,552 |   |

Note 18 — Commitments and contingencies

Legal

From time
to time, the Company is party to certain legal proceedings, as well as certain asserted and un- asserted claims. Amounts accrued, as well
as the total amount of reasonably possible losses with respect to such matters, individually and in the aggregate, are not deemed to be
material to the unaudited condensed consolidated financial statements.

Note 19 — Segment information

The Company
presents segment information after elimination of inter-Company transactions. In general, revenue, cost of revenue and operating expenses
are directly attributable, or are allocated,