Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 909

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 909
---
    Gross profit 
     15,273,116  
     10,101,522  
     5,171,594 
  
    Operating expenses: 

    General and administrative 
     25,074,294  
     13,587,575  
     11,486,719 
  
    Selling and marketing 
     9,131,270  
     6,305,939  
     2,825,331 
  
    Research and development 
     3,247,774  
     3,067,361  
     180,413 
  
    Depreciation and amortization 
     3,237,349  
     1,889,075  
     1,348,274 
  
    Restructuring charges 
     1,334,717  
     545,456  
     789,261 
  
    Impairment expense 
     12,548,476  
     7,024,000  
     5,524,476 
  
    Other operating expenses 
     6,849,846  
     3,065,021  
     3,784,825 
  
    Total operating expenses 
     61,423,726  
     35,484,427  
     25,939,299 
  
    Loss from continuing operations 
     (46,150,610) 
     (25,382,905) 
     (20,767,705)
  
    Other income (expense), net: 

    Interest expense 
     (570,960) 
     (672,589) 
     101,629 
  
    Loss on debt extinguishment 
     (1,032,070) 
     (2,204,737) 
     1,172,667 
  
    Change in fair value of convertible debt carried at fair value 
     559,212  
     538,354  
     20,858 
  
    Change in fair value of investment 
     (473,563) 
     (515,277) 
     41,714 
  
    Change in fair value of warrant liability 
     84,449  
     968,757  
     (884,308)
  
    Arbitration settlement reserve 
     229,250