Company: GAME
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010979
Chunk: 72

Company: GameSquare Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 72
---
    equipment 
     (75,410) 
     (758)
  
    Purchase of intangible
    assets 
     (300,000) 
     - 
  
    Cash acquired in Faze Clan
    acquisition 
     -  
     2,406,812 
  
    Disposal
    of Complexity, net of cash disposed 
     -  
     328,284 
  
    Net cash provided by investing
    activities 
     (375,410) 
     2,734,338 
  
    Cash flows from financings activities: 

    Proceeds from private placements 
     -  
     10,000,000 
  
    Payment of equity issuance
    costs 
     -  
     (134,942)
  
    Proceeds (repayments) on
    promissory notes receivable, net 
     112,500  
     - 
  
    Proceeds (repayments) on
    promissory notes payable, net 
     2,000,000  
     - 
  
    Repayment of principal
    on convertible debt 
     -  
     (100,000)
  
    Proceeds
    (repayments) on line of credit, net 
     (650,282) 
     (286,146)
  
    Net cash provided by financing
    activities 
     1,462,218  
     9,478,912 
  
    Effect of exchange rate
    changes on cash and restricted cash 
     159,538  
     631,013 
  
    Net increase (decrease) in cash and restricted
    cash 
     (7,336,019) 
     4,828,643 
  
    Cash and restricted cash,
    beginning of period 
     13,148,980  
     2,992,838 
  
    Cash and restricted
    cash, end of period 
    $5,812,961  
    $7,821,481 

See
accompanying notes to Condensed Consolidated Financial Statements.

4

GAMESQUARE
HOLDINGS, INC.

CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

(unaudited)

    Three
    months ended March 31, 

    2025  
    2024