Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 503

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 503
---
987  
    $10,101,522 

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.

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

 Schedule
of property and equipment net by geographic region

    December 31, 2024  
    December 31, 2023 
  
    USA 
    $297,727  
    $2,456,563 
  
    United Kingdom 
     1,337  
     1,814 
  
    Spain 
     4,886  
     6,256 
  
    Total 
    $303,950  
    $2,464,633 

21.
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.

    F-45

The
following table summarizes 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

    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 

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

    Contingent consideration 
    $-  
    $-  
    $-  
    $- 
  
    Liabilities: 

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

    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 

    As of December 31, 2023 
  
    Description