For the quarter ending 2026-03-31, MSGM had $865,909 increase in cash & cash equivalents over the period. $1,628,270 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on sale of traxion | - | 0 | - | - |
| Gain from settlement of license liabilities | - | 0 | - | 0 |
| Deferred income taxes | - | -270,101 | - | - |
| Loss on disposal of property and equipment | - | 0 | - | - |
| Purchase commitment and license liability interest accretion | - | 0 | 0 | -7,262 |
| Net income | 951,573 | 815,575 | 768,537 | 5,260,785 |
| Gain on sale of nascar license | - | 0 | - | - |
| Gain from settlement of purchase commitment liabilities | - | 0 | 0 | 175,460 |
| Gain on foreign currency exchange rates | 52,009 | 0 | 31,655 | 3,302,878 |
| Depreciation and amortization | 176,049 | 326,772 | 289,395 | 505,992 |
| Non-cash lease expense | 8,400 | 30,317 | - | - |
| Loss on impairment of intangible assets | 27,928 | - | - | - |
| Non-cash lease expense | - | - | 8,045 | 14,150 |
| Stock-based compensation | 375,031 | 789,352 | - | 0 |
| Changes in the fair value of warrants | 18,299 | 220 | -2,828 | 7,316 |
| Accounts receivable | 38,816 | 755,514 | -209,142 | 130,050 |
| Operating lease liabilities | -8,557 | -8,517 | -8,390 | -14,732 |
| Prepaid expenses and other assets | 242,045 | -752,559 | -95,121 | 310,425 |
| Accounts payable | 275,527 | -55,739 | -96,160 | -1,946,819 |
| Due to related parties | - | -10,778 | 1,730 | -15,040 |
| Deferred revenue | -208,674 | 689,424 | - | - |
| Accrued expenses and other liabilities | 367,141 | -540,423 | 824,423 | 374,646 |
| Net cash provided by operating activities | 1,649,847 | 1,740,952 | 2,057,360 | 274,747 |
| 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 | 628,644 | 437,730 | 303,021 | 370,000 |
| Purchase of property and equipment | 21,577 | 8,202 | 3,865 | 0 |
| Net cash used in investing activities | -650,221 | -445,932 | -306,886 | -370,000 |
| Proceeds from issuance of common stock and pre-funded warrant, net | - | - | 0 | 2,349,811 |
| Issuance of common stock from registered direct offerings, net | - | 2,446,079 | 0 | -96,268 |
| Repayments of purchase commitment liabilities | - | 0 | 150,000 | 600,000 |
| Equity issuance costs | - | 96,268 | - | - |
| Payments on notes payable | 63,319 | 440,171 | - | - |
| Net cash used in financing activities | -63,319 | -440,171 | -150,000 | 1,653,543 |
| Effect of exchange rate changes on cash and cash equivalents | -70,398 | 9,851 | 162,806 | -52,151 |
| Net increase in cash and cash equivalents | 865,909 | 864,700 | 1,763,280 | 1,506,139 |
| Total cash and cash equivalents at beginning of the period | 4,993,390 | 4,128,690 | 859,271 | - |
| Total cash and cash equivalents at the end of the period | 5,859,299 | 4,993,390 | 4,128,690 | - |
Motorsport Games Inc. (MSGM)
Motorsport Games Inc. (MSGM)