For the year ending 2025-12-31, MGAM had -$355,314 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Impairment expense | 0 |
| Fair value of warrants issued for services | 0 |
| Change in operating right-of-use assets | 0 |
| Operating lease liabilities | 0 |
| Net loss | -2,262,334 |
| Common stock issued for services | 934,386 |
| Depreciation and amortization | 45,436 |
| Amortization of debt discount | 18,200 |
| Prepaid expenses | -124,906 |
| Other assets | -15,328 |
| Accounts payable and accrued expenses | 96,440 |
| Team prize payout | 11,640 |
| Change in fair value of convertible notes payable | 50,500 |
| Net cash used in operating activities | -1,066,498 |
| Payments for property and equipment | 0 |
| Payments for capitalized software | 213,198 |
| Payment for asset acquisition of software technology | 205,000 |
| Net cash used in investing activities | -418,198 |
| Repayment of note payable | 0 |
| Issuance of common stock with warrants | 125,000 |
| Issuance of notes payable with common stock | 125,000 |
| Issuance of convertible notes payable | 935,500 |
| Payment of stock issuance costs | 4,590 |
| Payment of deferred offering costs | 50,000 |
| Net cash provided by financing activities | 1,130,910 |
| Effect of exchange rate changes on cash | -1,528 |
| Net decrease in cash | -355,314 |
| Cash as of beginning of year | 928,619 |
| Cash cash as of end of year | 573,305 |
Mobile Global Esports, Inc. (MGAM)
Mobile Global Esports, Inc. (MGAM)