Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 818

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 818
---
 of patent litigation 
     -  
     (635,480)
  
    Accretion of promissory note receivable 
     (909,765) 
     - 
  
    Change in fair value of contingent consideration 
     501,118  
     45,648 
  
    Change in fair value of investment 
     473,563  
     515,277 
  
    Change in fair value of warrant liability 
     (84,449) 
     (968,757)
  
    Change in fair value of arbitration reserve 
     (229,250) 
     (1,041,129)
  
    Change in provision for reclamation deposit 
     -  
     - 
  
    Change in fair value of convertible debt carried at fair value 
     (559,212) 
     (538,354)
  
    Income tax recovery 
     -  
     - 
  
    Change in deferred tax balances 
     -  
     (55,096)
  
    Share-based compensation 
     2,139,246  
     1,735,630 
  
    Changes in operating assets and liabilities: 

    Accounts receivable, net 
     502,648  
     (880,481)
  
    Government remittances 
     37,196  
     (493,834)
  
    Prepaid expenses and other current assets 
     581,675  
     723,612 
  
    Accounts payable, accrued expenses and other current liabilities 
     (212,765) 
     4,793,223 
  
    Consideration payable 
     -  
     (305,648)
  
    Deferred revenue 
     (831,250) 
     (358,383)
  
    Operating lease liability 
     (490,875) 
     (336,229)
  
    Net cash used in operating activities 
     (30,570,244) 
     (16,078,270)
  
    Cash flows from investing activities: 

    Purchase of property and equipment 
     (5,117) 
     (2,239)
  
    Purchase of intangible assets 
     (60,000) 
     - 
  
    Cash acquired in Engine acquisition 
     -  
     11,326,146 
  
    Cash acquired