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Issuance of convertiblenotes payable$935,500 Issuance of notes payablewith common stock$125,000 Issuance of common stockwith warrants$125,000 Net cash provided byfinancing activities$1,130,910 Canceled cashflow$54,590 Net decrease in cash-$355,314 Canceled cashflow$1,130,910 Common stock issued forservices$934,386 Prepaid expenses-$124,906 Accounts payable andaccrued expenses$96,440 Depreciation andamortization$45,436 Amortization of debt discount$18,200 Other assets-$15,328 Team prize payout$11,640 Payment of deferredoffering costs$50,000 Payment of stockissuance costs$4,590 Net cash used inoperating activities-$1,066,498 Canceled cashflow$1,246,336 Net cash used ininvesting activities-$418,198 Effect of exchange ratechanges on cash-$1,528 Net loss-$2,262,334 Change in fair value ofconvertible notes payable$50,500 Payments for capitalizedsoftware$213,198 Payment for assetacquisition of software...$205,000
Cash Flow
source: myfinsight.com

Mobile Global Esports, Inc. (MGAM)

Mobile Global Esports, Inc. (MGAM)