Company: GMER
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010826
Chunk: 16

Company: GOOD GAMING, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 used in investing activities
was attributed to the Company’s acquisition of intangible assets in 2024.

Cash flow from Financing Activities

During the quarters ended March 31, 2025 and 2024,
the Company received $0 and $740 of proceeds from financing activities, respectively, which reflects a decrease of $740. The decrease
was due to the lack of financing activity in 2025.

Going Concern

We have not attained profitable operations and are
dependent upon obtaining financing to pursue any extensive acquisitions and activities. For these reasons, our auditors stated in their
report on our audited financial statements that they have substantial doubt that we will be able to continue as a going concern for a
period of one year from the issuance of these financial statements without further financing.

5

Off-Balance Sheet Arrangements

As of March 31, 2025, we had no significant off-balance
sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial
condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

Future Financings

We will continue to rely on equity sales of our preferred
shares in order to continue to fund our business operations. Issuances of additional shares will result in dilution to existing stockholders.

There is no assurance that we will achieve any additional
sales of the equity securities or arrange for debt or other financing to fund our operations and other activities.

Critical Accounting Policies

Our financial statements and accompanying notes have
been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis. The preparation
of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities as of the date of the
financial statements and the reported amounts of revenues and expenses during the reporting periods.

We regularly evaluate the accounting policies and
estimates we use to prepare our consolidated financial statements. Management’s estimates are based on historical experience, on
information from third party professionals, and on various other assumptions that are believed to be reasonable under the facts and circumstances.
Actual results could differ from those estimates made by management.

ITEM 3. QUANTITATIVE AND
QUALITATIVE DISCLOSURES ABOUT MARKET RISK.

Not required for smaller reporting companies.

ITEM 4. CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and