Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 249

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 2
Chunk 249
---
 line in the consolidated statements of operations
and comprehensive loss.

Contingencies

The
Company estimates loss contingencies in accordance with ASC 450-20, Loss Contingencies, which states that a loss contingency shall
be accrued by a charge to income if both of the following conditions are met: (i) information available before the consolidated financial
statements are issued or are available to be issued indicates that it is probable that a liability had been incurred at the date of the
consolidated financial statements and (ii) the amount of loss can be reasonably estimated. Management regularly evaluates current information
available to determine whether such accruals should be adjusted and whether new accruals are required.

Off-Balance
Sheet Arrangements

We
do not have any off-balance sheet arrangements that have, or are reasonably likely to have, a current or future material effect on the
results of operations or financial condition of the Company including, without limitation, such considerations as liquidity and capital
resources.

Critical
Accounting Policies and Estimates

Our
discussion and analysis of our financial condition and results of operations are based upon our condensed consolidated financial statements,
which have been prepared in accordance with GAAP. The preparation of our condensed consolidated financial statements and related disclosures
requires us to make estimates, assumptions, and judgments as of the balance sheet date that affect the reported amounts of assets, liabilities,
revenues, costs and expenses and related disclosures. Our actual results may differ from these estimates under different assumptions
and conditions. The accounting estimates described in Item 7 of Part II of our Annual Report on Form 10-K for the year ended December
31, 2024 are those we consider critical in preparing our unaudited Condensed Consolidated Financial Statements. There were no changes
to the Company’s critical accounting policies or estimates during the nine months ended September 30, 2025.

Recent
Accounting Pronouncements

See
Note 3 to our condensed consolidated financial statements included in this Quarterly Report on Form 10-Q for a description of recently
adopted accounting pronouncements and recently issued accounting pronouncements not yet adopted, the timing of their adoptions and our
assessment, to the extent we have made one, of their potential impact on our financial condition and results of operations.

ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The
Company is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide