| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -1,781,366 | -832,894 |
| Stock issued for services | 835,936 | 196,550 |
| Amortization of debt discount | 10,513 | 1,826 |
| Change in fair value of convertible notes payable | -28,245 | - |
| Prepaid expenses | -82,843 | -35,994 |
| Deferred revenue | 9,700 | - |
| Other assets | -15,442 | -15,516 |
| Accounts payable and accrued expenses | -5,601 | 70,388 |
| Depreciation | 0 | 0 |
| Fair value of warrants issued for services | 0 | 0 |
| Amortization of right of use assets | 0 | 0 |
| Operating lease liabilities | 0 | 0 |
| Net cash used in operating activities | -804,288 | -512,620 |
| Advances to suppliers for software | 110,000 | 40,000 |
| Payments for property and equipment | 0 | 0 |
| Net cash used in investing activities | -110,000 | -40,000 |
| Issuance of common stock with warrants | 125,000 | 105,000 |
| Issuance of convertible notes payable | 551,500 | - |
| Payment of stock issuance costs | 4,590 | - |
| Issuance of notes payable | 125,000 | 115,000 |
| Repayment of note payable | 0 | 0 |
| Net cash provided by financing activities | 796,910 | 220,000 |
| Effect of exchange rate changes on cash | -1,160 | -523 |
| Net decrease in cash | -118,538 | -333,143 |
| Cash and cash equivalents at beginning of period | 928,619 | - |
| Cash and cash equivalents at end of period | 810,081 | - |
Mobile Global Esports, Inc. (MGAM)
Mobile Global Esports, Inc. (MGAM)