For the year ending 2025-12-31, MSGM had $4,134,119 increase in cash & cash equivalents over the period. $4,060,992 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Gain on sale of traxion | 0 |
| Gain from settlement of license liabilities | 0 |
| Loss on disposal of property and equipment | 0 |
| Gain on sale of nascar license | 0 |
| Gain from settlement of purchase commitment liabilities | 175,460 |
| (gain) loss on foreign currency exchange rates | 3,334,533 |
| Depreciation and amortization | 1,122,159 |
| Purchase commitment and license liability interest accretion | -7,262 |
| Non-cash lease expense | 30,317 |
| Changes in the fair value of warrants | 4,708 |
| Accounts receivable | 676,422 |
| Operating lease liabilities | -31,639 |
| Prepaid expenses and other assets | -537,255 |
| Accounts payable | -2,098,718 |
| Due to related parties | -24,088 |
| Deferred revenue | 689,424 |
| Accrued expenses and other liabilities | 658,646 |
| Stock-based compensation | 789,352 |
| Deferred income taxes | -270,101 |
| Net income (loss) | 6,844,897 |
| Net cash provided by (used) in operating activities | 4,073,059 |
| Proceeds from sale of nascar license | 0 |
| Proceeds from the sale of property and equipment | 0 |
| Proceeds from the sale of traxion | 0 |
| Investment in internally-developed software | 1,110,751 |
| Purchase of property and equipment | 12,067 |
| Net cash (used in) provided by investing activities | -1,122,818 |
| Repayments of purchase commitment liabilities | 750,000 |
| Equity issuance costs | 96,268 |
| Payments on notes payable | 440,171 |
| Issuance of common stock from registered direct offerings, net | 2,349,811 |
| Net cash provided by financing activities | 1,063,372 |
| Effect of exchange rate changes on cash and cash equivalents | 120,506 |
| Net increase (decrease) in cash and cash equivalents | 4,134,119 |
| Total cash and cash equivalents at beginning of the year | 859,271 |
| Total cash and cash equivalents at the end of the year | 4,993,390 |
Motorsport Games Inc. (MSGM)
Motorsport Games Inc. (MSGM)