Company: GAME
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023589
Chunk: 26

Company: GameSquare Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 liabilities.
The fair value of consideration received was concluded to be $10 million, the principal value of convertible debt being converted by
Gigamoon. Faze Media assets and liabilities disposed had a net carrying value of $7.0 million and consist of $0.6 million of cash, $2.9
million of accounts receivable, $0.2 million of prepaid expenses and other current assets, $1.6 million of amounts due from GameSquare,
$0.1 million of property and equipment, $0.7 million of right-of-use assets, $9.6 million of intangible assets and $7.1 million of goodwill,
partially offset by $0.2 million of accounts payable, $1.7 million of accrued liabilities, $0.5 million of deferred revenue, $0.7 million
of lease liabilities and $12.9 million in non-controlling interests in Faze Media.

5.
Digital assets

The
Company holds Ethereum (“ETH”), Animecoin (“ANIME”), and REKT, all of which are within the scope of ASC 350-60.

The
following table presents a roll forward of digital assets held directly by the Company:

Schedule of digital assets 

    ETH  
    ANIME  
    REKT  
    SAND

    Total 
  
    Balance, December 31, 2024 
    $-  
    $-  
    $-  
    $
    -

    $- 
  
    Purchases 
     57,000,099  
     125,000  
     -  
     
    -

     57,125,099 
  
    Other receipts - non-cash 
     -  
     3,250,000  
     2,000,000  
     
    250,000

     5,500,000 
  
    Contributions in exchange for Dialectic investment (see Note 6) 
     (55,256,329) 
     -  
     -  
     
    -

     (55,256,329)
  
    Redemptions in Dialectic investment (see Note 6) 
     861,856  
     -  
     -  
     
    -

     861,856 
  
    Sales 
     (832,135) 
     -  
     (25,386)