Mobile Global Esports, Inc. financial data

Symbol
MGAM on OTC
Industry
Services-Amusement & Recreation Services
Location
500 Post Road East, 2 Nd Floor, Westport, CT
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 31, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 926 % -39.8%
Debt-to-equity 12.5 % +80.9%
Return On Equity -130 % -17.5%
Return On Assets -116 % -11.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 44.2M shares +108%
Common Stock, Shares, Outstanding 27.9M shares +31.8%
Entity Public Float 445K USD -94.5%
Common Stock, Value, Issued 2.79K USD +31.8%
Weighted Average Number of Shares Outstanding, Basic 21.6M shares +2.66%
Weighted Average Number of Shares Outstanding, Diluted 21.6M shares +2.66%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.58K USD
Research and Development Expense 601K USD
General and Administrative Expense 2.27M USD -47.4%
Costs and Expenses 69K USD +50%
Operating Income (Loss) -2.33M USD +65.8%
Nonoperating Income (Expense) 241 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.33M USD +65.7%
Net Income (Loss) Attributable to Parent -2.32M USD +65.7%
Earnings Per Share, Basic -0.11 USD/shares +65.6%
Earnings Per Share, Diluted -0.11 USD/shares +65.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 929K USD -71%
Other Assets, Current 580K USD
Assets, Current 1.07M USD -67.4%
Other Long-term Investments 19.6K USD -1.49%
Property, Plant and Equipment, Net 83.4K USD +206%
Operating Lease, Right-of-Use Asset 82.9K USD -28.1%
Other Assets, Noncurrent 15.6K USD -22.2%
Assets 1.08M USD -68.4%
Accounts Payable, Current 69.2K USD -26.7%
Liabilities, Current 82.1K USD -69.8%
Operating Lease, Liability, Noncurrent 16K USD -75.7%
Liabilities 82.1K USD -74.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.32K USD -109%
Retained Earnings (Accumulated Deficit) -10.6M USD -27.9%
Stockholders' Equity Attributable to Parent 1.01M USD -67.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 999K USD -67.7%
Liabilities and Equity 1.08M USD -68.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -361K USD +47.6%
Net Cash Provided by (Used in) Financing Activities -38.7K USD +18.5%
Net Cash Provided by (Used in) Investing Activities -5.47K USD +81.5%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 27.9M shares +31.8%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -405K USD +47.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 929K USD -70.7%
Deferred Tax Assets, Valuation Allowance 2.19M USD +5.59%
Deferred Tax Assets, Gross 6K USD
Operating Lease, Liability 85.8K USD -27%
Depreciation 3K USD +200%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.32M USD +65.7%
Lessee, Operating Lease, Liability, to be Paid 90.2K USD -31.1%
Operating Lease, Liability, Current 69.8K USD +35.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.51K USD -95.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 68.5K USD +10.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.38K USD -67.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 54.7K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.88M USD +15.6%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 11.7M USD +2.04%
Operating Leases, Future Minimum Payments Due 148K USD
Interest Expense 288 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%