Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 48

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 business days of that date, the Company shall pay the difference between the collective value and $150,000 to Alta in cash (the
“True-Up Payment”). Upon the Company’s delivery of the Settlement Shares and True Up Payment, if applicable, the public
warrants that are owned and/or beneficially held by Alta at that time shall be cancelled immediately and Alta shall have no ownership,
right, claim, interest or benefit in such public warrants. Moreover, within three business days of Alta’s receipt of the Settlement
Shares, Alta shall file the Stipulation of Voluntary Dismissal with Prejudice, dismissing all claims asserted in the action against the
Company with prejudice.

The
outcomes of pending litigations in which the Company is involved are necessarily uncertain as are the Company’s expenses in prosecuting
and defending these actions. From time to time the Company may modify litigation strategy and/or the terms on which it retains counsel
and other professionals in connection with such actions, which may affect the outcomes of and/or the expenses incurred in connection
with such actions.

The
Company is subject to various other claims, lawsuits and other complaints arising in the ordinary course of business. The Company records
provisions for losses when claims become probable, and the amounts are estimable. Although the outcome of such matters cannot be determined,
it is the opinion of management that the final resolution of these matters will not have a material adverse effect on the Company’s
financial condition, operations, or liquidity.

17.
Revenue and segmented information

The
CODM uses gross profit, as reviewed at periodic business review meetings, as the key measure of the Company’s results as it reflects
the Company’s underlying performance for the period under evaluation to determine resource allocation. As of September 30, 2025, the Company is organized into the four operating segments, which also represent its four
reportable segments: Owned and Operated IP, Agency, SaaS and managed services and Yield.

Revenue, cost of sales and gross profit for the Company’s
operating and reportable segments, disaggregated into geographic locations, are as follows:

 Schedule
of disaggregated into geographic regions

    Segment 
    United Kingdom  
    USA  
    Spain  
    Australia  
    Total 

    Nine months ended September 30, 2025 
  
    Segment 
    United Kingdom  
    USA  
    Spain  
    Australia  
    Total 
  
    Revenue 

    Owned and Operated IP