Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 2

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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(122,171,056)
  
    Total shareholders’ equity 
     78,743,672  
     12,004,248 
  
    Total liabilities and shareholders’ equity 
    $121,119,259  
    $78,730,447 

See
accompanying notes to Condensed Consolidated Financial Statements.

1

GAMESQUARE
HOLDINGS, INC.

CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(unaudited)

    2025  
    2024  
    2025  
    2024 

    Three months ended September 30,  
    Nine months ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenue 
    $11,315,003  
    $9,306,777  
    $26,542,646  
    $19,930,359 
  
    Cost of revenue 
     5,722,273  
     5,091,393  
     15,500,495  
     12,439,479 
  
    Gross profit 
     5,592,730  
     4,215,384  
     11,042,151  
     7,490,880 
  
    Operating expenses: 

    General and administrative 
     6,170,930  
     3,744,312  
     13,766,667  
     11,806,277 
  
    Selling and marketing 
     1,464,040  
     1,196,593  
     4,188,399  
     4,116,694 
  
    Research and development 
     519,275  
     450,637  
     1,550,378  
     1,447,954 
  
    Depreciation and amortization 
     271,484  
     350,324  
     727,789  
     1,025,004 
  
    Restructuring charges 
     (1,535,097) 
     330,167  
     (814,377) 
     330,167 
  
    Other operating expenses 
     1,095,258