Company: GVSE
Filing Date: 2025-04-17
Form Type: S-1/A
Source: 0001641172-25-005196
Chunk: 34

Company: Gameverse Interactive Corp
Filing Date: 2025-04-17
Form: S-1/A
Chunk 34
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                   |     | $                       |  993,333 |   |     | $    |    343,086 |   |

| 20 |

<div align='center'>MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</div>

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the section titled “Selected Consolidated Financial and Other Data” and the consolidated financial statements and related notes thereto included elsewhere in this prospectus. This discussion contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those discussed below. Factors that could cause or contribute to such differences include, but are not limited to, those identified below and those discussed in the section titled “Risk Factors” included elsewhere in this prospectus.

The story of Gameverse Interactive Corp (“the
Company”) began in 2022 when our founders, Jared Thau and Jordan Thau, were inspired by their experiences as developers on existing
platforms and their passion for creating a more inclusive, innovative, and empowering gaming environment. This vision has shaped our
approach to building the groundwork for the Company.

The Company was incorporated in the State of Nevada
on September 13, 2024, and is based in Boca Raton, Florida. The Company is a software and video game development company that specializes
in technologies with a focus on creating immersive and engaging experiences for players and developers of all ages around the world.
Further, the Company uses virtual reality support, which is built into our Unreal engine and GoDot engine, meaning the Company will be
using these tools to integrate this into our game client, which is still in development. The heart of the Company is two brothers who
want to change the world of gaming through innovative ideas where they see the sector lacking in today’s gaming world.

The Company is currently in the pre-operation, development phase, and
has no customers or users, and has not generated any revenue to date.

Results of Operations

For the years ended December 31, 2024 and 2023

Through December 31, 2024, the Company has not
generated any revenue and has an accumulated deficit of approximately $2.5 million. Net loss from operations in 2024 and 2023 was $421,262
and $2,016,070, respectively. The 2023 net loss from operations includes $1,719,341 in stock based compensation expense in connection
with