For the quarter ending 2025-09-30, MGAM has $973,172 in assets.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 810,081 | 595,476 | ||
| Prepaid expenses | 30,257 | 101,137 | ||
| Current assets held for sale | 22,834 | - | ||
| Total current assets | 863,172 | 696,613 | ||
| Other long-term assets | - | 0 | ||
| Software in progress | 110,000 | 40,000 | ||
| Total assets | 973,172 | 736,613 | ||
| Accounts payable and accrued expenses | 76,230 | 152,331 | ||
| Deferred revenue | 9,700 | - | ||
| Convertible notes payable | 579,745 | - | ||
| Notes payable | - | 87,566 | ||
| Notes payable, net | 103,053 | - | ||
| Total current liabilities | 768,728 | 239,897 | ||
| Common stock, 0.0001 par value, 100,000,000 shares authorized, 52,190,074 and 27,936,503 shares issued and outstanding | 5,219 | 4,654 | ||
| Additional paid-in capital | 12,646,745 | 11,989,314 | ||
| Accumulated deficit | -12,422,776 | -11,474,918 | ||
| Accumulated other comprehensive loss | -8,559 | -6,763 | ||
| Total stockholders equity - mobile global esports inc | 220,629 | 512,287 | ||
| Non-controlling interest | -16,185 | -15,571 | ||
| Total stockholders equity | 204,444 | 496,716 | ||
| Total liabilities and stockholders equity | 973,172 | 736,613 | ||
Mobile Global Esports, Inc. (MGAM)
Mobile Global Esports, Inc. (MGAM)