Company: GAME
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023972
Chunk: 203

Company: GameSquare Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 203
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    $297,727 
  
    United
    Kingdom 
     1,461  
     1,337 
  
    Spain 
     4,674  
     4,886 
  
    Total 
    $119,989  
    $303,950 

    22

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 June 30, 2025 
  
    Description 
    Level
    1  
    Level
    2  
    Level
    3  
    Total 
  
    Liabilities: 

    Warrant
    liability 
     -  
     -  
     27,164  
     27,164 
  
    Arbitration
    reserve 
     210,008  
     -  
     -  
     210,008 
  
    Convertible
    debt 
     -  
     -  
     1,669,330  
     1,669,330 

    As
    of December 31, 2024 
  
    Description 
    Level
    1  
    Level
    2  
    Level
    3  
    Total 
  
    Liabilities: 

    Warrant
    liability 
     -  
     -  
     14,314  
     14,314 
  
    Arbitration
    reserve 
     199,374  
     -  
     -  
     199,374 
  
    Convertible
    debt 
     -  
     -  
     16,390,488  
     16,390,488 

(a)
Fair values measured on a non-recurring basis

The
Company’s non-financial assets, such as property and equipment, goodwill and intangible assets, are recorded at fair value upon
a business