Company: GAME
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023972
Chunk: 89

Company: GameSquare Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 89
---
 cash and restricted cash 
     (6,661,889) 
     11,550,260 
  
    Cash and restricted cash, beginning of period 
     13,148,980  
     2,992,838 
  
    Cash and restricted cash, end of period 
    $6,487,091  
    $14,543,098 

See
accompanying notes to Condensed Consolidated Financial Statements.

4

GAMESQUARE
HOLDINGS, INC.

CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

(unaudited)

    Six months ended June 30, 

    2025  
    2024 
  
    Supplemental disclosure with respect to cash flows: 

    Cash paid for interest expense 
    $283,162  
    $633,518 
  
    Cash paid for income taxes 
     -  
     - 
  
    Operating lease payments in operating cash flows 
     365,703  
     272,904 

    Supplemental disclosure of non-cash investing and financing activities: 

    Disposal of Faze Media in exchange for conversion of convertible debt 
    $10,000,000  
    $- 
  
    Disposal of Frankly assets in exchange for promissory note receivable 
     -  
     1,706,797 
  
    Disposal of Complexity in exchange for promissory note receivable 
     -  
     7,125,628 
  
    Shares, options, and warrants issued for acquisition of FaZe 
     -  
     14,587,000 
  
    Conversion of convertible debt 
     3,992,238  
     - 
  
    Shares issued to settle legal and other amounts payable 
     1,928,211  
     - 

Reconciliation
of cash and restricted cash:

    June 30, 2025  
    December 31, 2024 
  
    Cash 
    $4,697,832  
    $12,094,950 
  
    Restricted cash 
     1,789,259  
     1,054,030 
  
    Cash and restricted cash shown in the consolidated statements of cash flows 
    $6,487,091  
    $13,148,980 

5

GAMESQUARE