Company: GVSE
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0001493152-25-003624
Chunk: 30

Company: Gameverse Interactive Corp
Filing Date: 2025-01-24
Form: DRS/A
Chunk 30
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us. You should read the following selected consolidated financial data below in conjunction with the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements included elsewhere in this prospectus. The selected consolidated financial data in this section are not intended to replace, and are qualified in their entirety by, the consolidated financial statements and related notes.

Consolidated Statements of Operations Data

Consolidated Balance Sheet Data

|                                          |     | Year               
 Ended December 31, 
 2023               |         |   |     | 2022 |   |
|:-----------------------------------------|:----|:-------------------|--------:|:--|:----|:-----|:--|
|                                          |     | -dollars           
 in thousands       |         |   |     |      |   |
| Bookings                                 |     | $                  |       - |   |     | $    | - |
| Net                                      
 cash used by operating activities (GAAP) |     | $                  | (79,674 | ) |     | $    | - |
| Free                                     
 cash flow                                |     | $                  | 343,086 |   |     | $    |   |

Investors are encouraged
to review the related GAAP financial measures.

| 20 |

<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the section titled “Selected Consolidated Financial and Other Data” and the consolidated financial statements and related notes thereto included elsewhere in this prospectus. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those discussed below. Factors that could cause or contribute to such differences include, but are not limited to, those identified below and those discussed in the section titled “Risk Factors” included elsewhere in this prospectus.

OVERVIEW

The story of Gameverse Interactive began in 2022 when our founders, Jared Thau and Jordan Thau, were inspired by their experiences as developers on existing platforms and their passion for creating a more inclusive, innovative, and empowering gaming environment. This vision has shaped our approach to building the groundwork for Gameverse Interactive Corp.

Gameverse Interactive Corp was incorporated in the State of Nevada on September 13, 2024, and is based in Boca Raton, Florida. Gameverse Interactive Corp is a software and video