| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Stock-based compensation | - | 0 |
| Net income (loss) | 6,029,322 | 5,260,785 |
| Gain from settlement of purchase commitment liabilities | 175,460 | 175,460 |
| Gain on foreign currency exchange rates | 3,334,533 | 3,302,878 |
| Depreciation and amortization | 795,387 | 505,992 |
| Purchase commitment and license liability interest accretion | -7,262 | -7,262 |
| Non-cash lease expense | 22,195 | 14,150 |
| Changes in the fair value of warrants | 4,488 | 7,316 |
| Accounts receivable | -79,092 | 130,050 |
| Operating lease liabilities | -23,122 | -14,732 |
| Prepaid expenses and other current assets | 215,304 | 310,425 |
| Accounts payable | -2,042,979 | -1,946,819 |
| Due to related parties | -13,310 | -15,040 |
| Gain from settlement of license liabilities | - | 0 |
| Accrued expenses and other liabilities | 1,199,069 | 374,646 |
| Net cash provided by (used in) operating activities | 2,332,107 | 274,747 |
| Capitalization of internally-developed software | 673,021 | 370,000 |
| Purchase of property and equipment | 3,865 | 0 |
| Net cash used in investing activities | -676,886 | -370,000 |
| Repayments of purchase commitment liabilities | 750,000 | 600,000 |
| Equity issuance costs | -96,268 | -96,268 |
| Proceeds from issuance of common stock and pre-funded warrant, net | 2,349,811 | 2,349,811 |
| Net cash provided by financing activities | 1,503,543 | 1,653,543 |
| Effect of exchange rate changes on cash and cash equivalents | 110,655 | -52,151 |
| Net increase (decrease) in cash and cash equivalents | 3,269,419 | 1,506,139 |
| Cash and cash equivalents at beginning of period | 859,271 | - |
| Cash and cash equivalents at end of period | 4,128,690 | - |
Motorsport Games Inc. (MSGM)
Motorsport Games Inc. (MSGM)