Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 172

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 172
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    2024  
    Variance 
  
    Revenue 
    $11,315,003  
    $9,306,777  
    $2,008,226 
  
    Cost of revenue 
     5,722,273  
     5,091,393  
     630,880 
  
    Gross profit 
     5,592,730  
     4,215,384  
     1,377,346 
  
    Operating expenses: 

    General and administrative 
     6,170,930  
     3,744,312  
     2,426,618 
  
    Selling and marketing 
     1,464,040  
     1,196,593  
     267,447 
  
    Research and development 
     519,275  
     450,637  
     68,638 
  
    Depreciation and amortization 
     271,484  
     350,324  
     (78,840)
  
    Restructuring charges 
     (1,535,097) 
     330,167  
     (1,865,264)
  
    Other operating expenses 
     1,095,258  
     1,287,223  
     (191,965)
  
    Total operating expenses 
     7,985,890  
     7,359,256  
     626,634 
  
    Loss from continuing operations 
     (2,393,160) 
     (3,143,872) 
     750,712 
  
    Other income (expense), net: 

    Interest income (expense) 
     166,831  
     178,008  
     (11,177)
  
    Loss on debt extinguishment 
     -  
     (1,032,070) 
     1,032,070 
  
    Change in fair value of convertible debt carried at fair
    value 
     (38,033) 
     (98,937) 
     60,904 
  
    Change in fair value of warrant liability 
     19,659  
     26,482  
     (6,823)
  
    Arbitration settlement reserve 
     45,917  
     113,583