Company: GMER
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023550
Chunk: 22

Company: GOOD GAMING, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 22
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 and 2024, the Company recorded a net loss of $134,282 and $675,048, respectively, which reflects a
decrease of $540,766 or 402.71%. The decrease in net loss was attributed to a decrease in operating expenses.

●
Liquidity and Capital Resources

Working
Capital

    June 30,  
    December 31, 

    2025  
    2024 
  
    Current Assets 
    $34,764  
    $91,857 

    Current Liabilities 
     1,041,063  
     977,539 

    Working Capital (Deficit) 
    $(1,006,299) 
    $(885,682)

As
of June 30, 2025 and December 31, 2024, the Company’s cash balance consisted of $5,381 and $14,499, respectively. The decrease
in the cash balance was attributed to the expenses paid for day to day activities. As of June 30, 2025 and December 31, 2024, the Company
had $34,764 and $91,857 in total assets, respectively. The decrease in total assets was attributed to cash paid for daily operations.

As
of June 30, 2025 and December 31, 2024, the Company had total liabilities of $1,041,063 and $977,539, respectively. The increase in liabilities
was attributable to the operating expenses to be paid in coming months.

As
of June 30, 2025 and December 31, 2024, the Company has a working capital of ($1,006,299) and ($885,682), respectively. The increase
in working capital is due to a decline in cash expended for day to day activity resulting in an increase in accounts payable.

Cash
flow from Operating Activities

During
the six months ended June 30, 2025 and 2024, the Company used $9,118 and $247,917 of cash for operating activities, respectively, which
reflects a decrease of $238,799 or 96.32%. The decrease in the use of cash for operating activities was attributed to the company’s
decrease in operating expenses.

Cash
flow from Investing Activities

The
Company used $0 and $26,860 in cash in investing activities during the six months ended June 30, 2025 and 202