Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 1327

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 1327
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305,648)
  
    Deferred revenue 
     (831,250) 
     (358,383)
  
    Operating lease liability 
     (490,875) 
     (336,229)
  
    Net cash used in operating activities 
     (30,570,244) 
     (16,078,270)
  
    Cash flows from investing activities: 

    Purchase of property and equipment 
     (5,117) 
     (2,239)
  
    Purchase of intangible assets 
     (60,000) 
     - 
  
    Cash acquired in Engine acquisition 
     -  
     11,326,146 
  
    Cash acquired in Faze Clan acquisition 
     2,406,812  
     - 
  
    Disposal of Frankly Media assets 
     35,500  
     2,750,000 
  
    Disposal of Complexity, net of cash disposed 
     328,284  
     - 
  
    Net cash provided by investing activities 
     2,705,479  
     14,073,907 
  
    Cash flows from financings activities: 

    Proceeds from private placements 
     10,000,000  
     - 
  
    Payment of equity issuance costs 
     (134,942) 
     - 
  
    Non-controlling interest in Faze Media, Inc. 
     20,500,000  
     - 
  
    Proceeds (repayments) on promissory notes receivable, net 
     150,000  
     - 
  
    Proceeds (repayments) on promissory notes payable, net 
     -  
     185,397 
  
    Repayment of borrowings on credit facility 
     -  
     (750,000)
  
    Proceeds from issuance of convertible debt 
     16,045,000  
     - 
  
    Repayment of principal on convertible debt 
     (7,575,701) 
     - 
  
    Proceeds (repayments) on line of credit, net 
     (1,017,114) 
     4,518,571 
  
    Net cash provided by financing activities 
     37,967,243  
     3,953,968