Company: GMER
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023550
Chunk: 23

Company: GOOD GAMING, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 23
---
4, respectively. The decrease
of $26,860 in cash used in investing activities was attributed to the Company’s acquisition of intangible assets in 2024.

Cash
flow from Financing Activities

During
the six months ended June 30, 2025 and 2024, the Company received $0 and $4,518 of proceeds from financing activities, respectively,
which reflects a decrease of $4,518. The decrease was due to the lack of financing activity in 2025.

Going
Concern

We
have not attained profitable operations and are dependent upon obtaining financing to pursue any extensive acquisitions and activities.
For these reasons, our auditors stated in their report on our audited financial statements that they have substantial doubt that we will
be able to continue as a going concern for a period of one year from the issuance of these financial statements without further financing.

5

Off-Balance
Sheet Arrangements

As
of June 30, 2025, we had no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future
effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures
or capital resources that are material to stockholders.

Future
Financings

We
will continue to rely on equity sales of our preferred shares in order to continue to fund our business operations. Issuances of additional
shares will result in dilution to existing stockholders.

There
is no assurance that we will achieve any additional sales of the equity securities or arrange for debt or other financing to fund our
operations and other activities.

Critical
Accounting Policies

Our
financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles
applied on a consistent basis. The preparation of financial statements in conformity with U.S. generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent
assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting
periods.

We
regularly evaluate the accounting policies and estimates we use to prepare our consolidated financial statements. Management’s
estimates are based on historical experience, on information from third party professionals, and on various other assumptions that are
believed to be reasonable under the facts and circumstances. Actual results could differ from those estimates made by management.

ITEM
3. QUANTITATIVE AND QUALITATIVE DISC