Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 1185

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1185
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, 2024 

    Original cost  
    Accumulated amortization  
    Accumulated impairment losses  
    Carrying value 
  
    Customer relationships 
    $12,058,560  
    $(2,056,023) 
    $(2,655,946) 
    $7,346,591 
  
    Talent network 
     1,100,000  
     (458,333) 
     -  
     641,667 
  
    Brand name 
     9,540,261  
     (1,478,563) 
     (784,220) 
     7,277,478 
  
    Software 
     1,830,000  
     (608,589) 
     (1,221,411) 
     - 
  
    Total intangible assets 
    $24,528,821  
    $(4,601,508) 
    $(4,661,577) 
    $15,265,736 

    As of December 31, 2023 

    Original cost  
    Accumulated amortization  
    Accumulated impairment losses  
    Carrying value 
  
    Customer relationships 
    $11,006,154  
    $(1,483,331) 
    $(472,018) 
    $9,050,805 
  
    Brand name 
     8,963,557  
     (3,115,265) 
     (229,405) 
     5,618,887 
  
    Software 
     4,560,400  
     (655,948) 
     -  
     3,904,452 
  
    Total intangible assets 
    $24,530,111  
    $(5,254,544) 
    $(701,423) 
    $18,574,144 

The
Company recognized amortization expense for intangible assets of $2.8 million and $2.6 million for the years ended December 31, 2024
and 2023, respectively.

Amortization
expense for intangible assets is expected to be as follows over the next five years, and thereafter:

 Schedule of amortization expense for intangible assets

    2025 
    $1,843,191 
  
    2026 
     1,134,