Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 233

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 233
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     60,735 
  
    Accrued Expenses 
     2,929,799  
     3,316,254 
  
    Net operating Loss 
     111,190,696  
     64,233,526 
  
    R&D Credit 
     196,501  
     196,501 
  
    Lease Liability 
     340,825  
     873,716 
  
    Section 174 Expenses 
     35,396  
     - 
  
    Gross deferred tax assets 
     119,997,534  
     70,128,187 
  
    Valuation allowance 
     (117,664,283) 
     (66,773,972)
  
    Total deferred tax assets 
     2,333,251  
     3,354,215 

    Deferred tax liabilities 

    Intangibles 
     2,096,116  
     2,278,174 
  
    Right of use assets 
     188,003  
     468,383 
  
    Other Adjustment 
      49,132  
     65,763 
  
    Fixed Assets 
     -  
     541,895 
  
    Total deferred tax liabilities 
     2,333,251  
     3,354,215 

    Net deferred tax assets (liabilities) 
     -  
     - 

The
provision for income taxes consisted of the following:

 Schedule of provision for income taxes

    December 31, 2024  
    December 31, 2023 

    For the year ended 

    December 31, 2024  
    December 31, 2023 

    Current: 

    Canada 
        -  
     - 
  
    US 
     -  
     - 
  
    Other Foreign 
     -  
     - 
  
    Total current tax expense (benefit) 
     -  
     - 

    Deferred: 

    Canada 
     -  
     - 
  
    US 
     -  
     - 
  
    Other Foreign 
     -  
     (55,096)
  
    Total deferred tax expense (benefit) 
     -  
     (55,