Motorsport Games Inc. (MSGM) Financial Statements (2026 and earlier)

Company Profile

Business Address 3350 SW 148TH AVENUE
MIRAMAR, FL 33027
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 7372 - Prepackaged Software (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4,9938591,67597917,8203,991
Cash and cash equivalent4,9938591,67597917,8203,991
Receivables   (450)(2,046)(4,426)(2,151)
Other undisclosed current assets2,5941,9372,2935,11011,2308,633
Total current assets:7,5872,7963,5184,04324,62310,473
Noncurrent Assets
Operating lease, right-of-use asset2351197972  
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization3355248522727162
Intangible asset, including goodwill, after accumulated amortization3,7723,3655,79613,36025,3535,706
Goodwill     4,867138
Intangible asset, excluding goodwill, after accumulated amortization3,7723,3655,79613,36020,4865,568
Deferred costs      749
Other noncurrent assets61    296
Other undisclosed noncurrent assets493     
Total noncurrent assets:4,3813,4726,24114,85426,0806,914
TOTAL ASSETS:11,9686,2689,75918,89850,70317,387
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,2114,0462,7055,7895,3094,061
Accounts payable9182,9768142,3721,785706
Accrued liabilities1,2931,0701,8913,4163,5243,355
Due to related parties✕✕✕✕4,58911910,854
Other undisclosed current liabilities1,1549764,8872,9443,170 
Total current liabilities:3,3665,0227,59213,3228,59814,914
Noncurrent Liabilities
Liabilities, other than long-term debt 79820773,6734,123857
Other liabilities 7984313,0554,123857
Operating lease, liability  1646617  
Other undisclosed noncurrent liabilities223     
Total noncurrent liabilities:1,02120773,6734,123857
Total liabilities:4,3875,0427,66916,99412,72115,771
Equity
Equity, attributable to parent, including:6,7764963,0431,53436,719 
Additional paid in capital95,21492,96091,92376,44675,651 
Accumulated other comprehensive loss(3,577)(674)(1,850)(933)(945) 
Accumulated deficit(84,862)(91,790)(87,030)(73,979)(37,988) 
Other undisclosed equity, attributable to parent10002 
Equity, attributable to noncontrolling interest806730(953)3701,263 
Other undisclosed equity      1,616
Total equity:7,5811,2262,0901,90337,9821,616
TOTAL LIABILITIES AND EQUITY:11,9686,2689,75918,89850,70317,387

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues11,2988,6876,91010,32515,07619,046
Cost of revenue(2,093)(3,226)(3,620)(4,960)(7,529)(6,596)
Gross profit:9,2055,4623,2895,3647,54612,450
Operating expenses(7,564)(11,210)(22,698)(40,391)(42,073)(12,449)
Other operating income, net1,608750    
Other undisclosed operating income  3,248    
Operating income (loss):3,249(1,750)(19,409)(35,026)(34,527)1
Nonoperating income (expense)3,370(1,177)5,859(666)178109
Gain, foreign currency transaction, before tax     223 
Other nonoperating income (expense)3,370(1,177)5,859(666)(45)107
Interest and debt expense   (773)(1,148)(504)(719)
Income (loss) from continuing operations before equity method investments, income taxes:6,618(2,927)(14,323)(36,840)(34,853)(609)
Income (loss) from equity method investments     1,371(71)
Other undisclosed loss from continuing operations before income taxes(19)     
Income (loss) from continuing operations before income taxes:6,600(2,927)(14,323)(36,840)(33,482)(680)
Income tax benefit 245     
Other undisclosed income from continuing operations      
Income (loss) from continuing operations:6,845(2,927)(14,323)(36,840)(33,482)(680)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(33,482)(680)
Other undisclosed net income (loss) (121)  (223) 
Net income (loss):6,845(3,048)(14,323)(36,840)(33,705)(680)
Net income (loss) attributable to noncontrolling interest832951,272850543(1,077)
Net income (loss) available to common stockholders, diluted:6,928(2,753)(13,051)(35,991)(33,162)(1,757)

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):6,845(3,048)(14,323)(36,840)(33,705)(680)
Other comprehensive income (loss)(2,743)1,147(968)(31)(950) 
Other undisclosed comprehensive loss      
Comprehensive income (loss):4,102(1,901)(15,291)(36,872)(34,655)(680)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(76)3241,323893543(1,077)
Other undisclosed comprehensive income, net of tax, attributable to parent   5143  
Comprehensive income (loss), net of tax, attributable to parent:4,026(1,577)(13,917)(35,936)(34,112)(1,757)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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