Company: GAME
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010979
Chunk: 100

Company: GameSquare Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 100
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    Agency 
     128,017  
     403,534  
     -  
     531,551 
  
    SaaS + Advertising 
     -  
     1,180,925  
     699,298  
     1,880,223 
  
    Total
    Gross profit 
    $128,017  
    $2,565,842  
    $699,298  
    $3,393,157 

Management
does not evaluate operating segments using discrete asset information. The Company’s consolidated assets are generally shared across,
and are not specifically ascribed to, operating and reportable segments.

    21

Property
and equipment, net, by geographic region, are summarized as follows:

Schedule
of property and equipment net by geographic region 

    March
                                            31
                                                                                2025  
    December
                                            31,
                                                                                2024 
  
    USA 
    $260,260  
    $297,727 
  
    United Kingdom 
     1,378  
     1,337 
  
    Spain 
     4,910  
     4,886 
  
    Total 
    $266,548  
    $303,950 

16.
Fair value measurements

The
carrying value of cash approximates fair value. The carrying amount of other current assets and liabilities, such as accounts and other
receivables and accounts payable, approximates fair value due to the short-term maturity of the amounts, and such current assets and
liabilities are considered Level 2 in the fair value hierarchy.

The
following tables summarize financial assets and liabilities measured at fair value on a recurring basis:

Schedule
of financial assets and liabilities measured at fair value on a recurring basis 

    As
    of March 31, 2025 
  
    Description 
    Level
    1  
    Level
    2  
    Level
    3  
    Total 
  
    Liabilities: 

    Warrant liability 
     -  
     -  
     8,991  
     8,991 
  
    Arbitration reserve 
     143,791  
     -  
     -  
     143,791 
  
    Convertible debt 
     -  
     -  
     11,859,762  
     11