Company: GMER
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023350
Chunk: 23

Company: GOOD GAMING, INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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 capital is due to a decline in cash expended for day to day activity resulting in an increase in accounts payable.

Cash
flow from Operating Activities

During
the nine months ended September 30, 2025 and 2024, the Company provided $8,299 and used $285,631 of cash for operating activities, respectively,
which reflects an increase of $293,930 or 102.91%. The increase in the use of cash for operating activities was attributed to the company’s
decrease in operating expenses.

Cash
flow from Investing Activities

The
Company used $0 and $16,639 cash in investing activities during the nine months ended September 30, 2025 and 2024, respectively. The
decrease of $16,639 in cash used in investing activities was attributed to the Company’s acquisition of intangible assets and sale
of digital assets in 2024.

Going
Concern

We
have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities.
For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will
be able to continue as a going concern for a period of one year from the issuance of these financial statements without further financing.

5

Off-Balance
Sheet Arrangements

As
of September 30, 2025, we had no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures
or capital resources that are material to stockholders.

Future
Financings

We
will continue to rely on equity sales of our preferred shares in order to continue to fund our business operations. Issuances of additional
shares will result in dilution to existing stockholders.

There
is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our
operations and other activities.

Critical
Accounting Policies

Our
financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles
applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent
assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting
periods