Company: GAME
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023972
Chunk: 235

Company: GameSquare Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 235
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of Non-GAAP Measures

A
reconciliation of Adjusted EBITDA to the most directly comparable measure determined under US GAAP is set out below.

    Three months ended June 30,  
    Six months ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net loss 
    $(3,018,346) 
    $(12,003,141) 
    $(10,192,082) 
    $(17,264,089)
  
    Interest expense 
     (44,590) 
     192,257  
     4,968  
     627,385 
  
    Income tax benefit 
     -  
     -  
     -  
     - 
  
    Amortization and depreciation 
     302,360  
     564,346  
     558,825  
     1,182,368 
  
    Share-based payments 
     5,616  
     602,139  
     34,614  
     1,021,367 
  
    Transaction costs 
     547,188  
     1,037,044  
     1,292,565  
     2,130,464 
  
    Arbitration settlement reserve 
     66,217  
     (43,500) 
     10,634  
     (138,625)
  
    Restructuring costs 
     165,328  
     -  
     782,541  
     - 
  
    Change in fair value of contingent consideration 
     -  
     (42,327) 
     -  
     (42,327)
  
    Change in fair value of warrant liability 
     17,731  
     (15,643) 
     12,384  
     (52,900)
  
    Change in fair value of convertible debt carried at fair value 
     5,561  
     (563,360) 
     (327,916) 
     (456,759)
  
    Gain on disposition of subsidiary 
     (3,020,335) 
     -  
     (2,721,953) 
     (3,009,891)