Company: GAME
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004869
Chunk: 864

Company: GameSquare Holdings, Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 864
---
972)
  
    Total deferred tax assets 
     2,333,251  
     3,354,215 

    Deferred tax liabilities 

    Intangibles 
     2,096,116  
     2,278,174 
  
    Right of use assets 
     188,003  
     468,383 
  
    Other Adjustment 
      49,132  
     65,763 
  
    Fixed Assets 
     -  
     541,895 
  
    Total deferred tax liabilities 
     2,333,251  
     3,354,215 

    Net deferred tax assets (liabilities) 
     -  
     - 

The
provision for income taxes consisted of the following:

 Schedule of provision for income taxes

    December 31, 2024  
    December 31, 2023 

    For the year ended 

    December 31, 2024  
    December 31, 2023 

    Current: 

    Canada 
        -  
     - 
  
    US 
     -  
     - 
  
    Other Foreign 
     -  
     - 
  
    Total current tax expense (benefit) 
     -  
     - 

    Deferred: 

    Canada 
     -  
     - 
  
    US 
     -  
     - 
  
    Other Foreign 
     -  
     (55,096)
  
    Total deferred tax expense (benefit) 
     -  
     (55,096)

    Total income tax expense (benefit) 
     -  
     (55,096)

    F-37

The
reconciliation between the income tax expense (benefit) calculated by applying statutory rates to net loss before income taxes and the
income tax expense (benefit) reported in the consolidated financial statements is as follows:

 Schedule of reconciliation between income tax expense (benefits)

    December 31, 2024  
    December 31, 2023 

    For the year ended 

    December 31, 2024  
    December 31, 2023 

    $  
    $ 

    Income (loss) before income taxes 
     (48,750,