10-K
Annual Report
ALLIED GAMING & ENTERTAINMENT INC.
AGAE
NASDAQ
CIK: 1708341
File #: 001-38226
Balance Sheet
59 line items · 2 periods
XBRL
| Item | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|
Current Assets | ||
Cash and cash equivalents | 59,242,802 | 16,320,583 |
Short-term investments | 8,800,000 | 56,500,000 |
Certificates of Deposit | 3,800,000 | 56,500,000 |
Fixed Rate Deposits | 5,000,000 | — |
Marketable securities | 3,483,211 | — |
Interest receivable | 709,539 | 792,223 |
Cash Equivalents | 0 | 33,271 |
Short-Term Investments | 284,355 | 758,952 |
Accounts receivable | 708,804 | 529,369 |
Loans receivable | 17,629,915 | — |
Deposits, current portion | 3,700,000 | 3,700,000 |
Prepaid expenses and other current assets | 471,361 | 498,886 |
Total Current Assets | 94,745,632 | 78,341,061 |
Restricted cash | — | 5,000,000 |
Property and equipment, net | 3,000,082 | 3,834,193 |
E-sports | 2,970,762 | 3,808,985 |
Causal Mobile Gaming | 20,232 | 23,939 |
Corporate Segment | 9,088 | 1,269 |
Digital assets | 49,300 | 49,300 |
Intangible assets, net | 5,115,686 | 6,254,731 |
Deposits, non-current portion | 2,614,462 | 392,668 |
Operating lease right-of-use asset | 4,365,718 | 5,415,678 |
Goodwill | 2,796,379 | 12,729,056 |
ZTech | 12,386,126 | — |
Total Assets | 112,687,259 | 112,016,687 |
E-sports | 8,919,333 | 10,842,100 |
Causal Mobile Gaming | 8,143,525 | 18,793,420 |
Concerts | 7,373,683 | 6,007,381 |
Corporate Segment | 88,250,718 | 76,373,786 |
United States | 25,191,733 | 36,975,291 |
PRC | 87,495,526 | 75,041,396 |
Current Liabilities | ||
Accounts payable | 1,322,140 | 371,830 |
Accrued expenses and other current liabilities | 1,151,407 | 763,512 |
Deferred revenue | 656,382 | 103,748 |
Operating lease liability, current portion | 1,591,475 | 1,482,977 |
Loans payable | 25,756,757 | 9,230,168 |
Total Current Liabilities | 30,478,161 | 11,952,235 |
Operating lease liability, non-current portion | 4,008,473 | 5,560,251 |
Deferred tax liability | 670,743 | 1,096,160 |
Total Liabilities | 35,157,377 | 18,608,646 |
Stockholders’ Equity | ||
Common stock, $0.0001 par value; 100,000,000 shares authorized, 46,385,798 and 39,085,470 shares issued at December 31, 2024 and 2023, and 44,105,500 and 36,805,686 shares outstanding at December 31, 2024 and 2023, respectively | 4,639 | 3,909 |
Additional paid in capital | 205,948,565 | 198,677,132 |
Accumulated deficit | (130,428,314) | (113,671,029) |
Accumulated other comprehensive income | 180,002 | 433,565 |
Treasury stock, at cost, 2,280,298 and 2,279,784 shares at December 31, 2024 and 2023, respectively | 2,694,075 | 2,693,653 |
Total Allied Gaming & Entertainment Inc. Stockholders’ Equity | 73,010,817 | 82,749,924 |
Non-controlling interest | 4,519,065 | 10,658,117 |
Total Stockholders’ Equity | 77,529,882 | 93,408,041 |
Common Stock | 4,639 | 3,909 |
Treasury Stock | (2,694,075) | (2,693,653) |
Additional Paid-in Capital | 205,948,565 | 198,677,132 |
Accumulated Other Comprehensive Income | 180,002 | 433,565 |
Accumulated Deficit | (130,428,314) | (113,671,029) |
Allied Gaming & Entertainment Inc. Stockholders’ Equity | 73,010,817 | 82,749,924 |
Non- Controlling Interest | 4,519,065 | 10,658,117 |
Total Liabilities and Stockholders’ Equity | 112,687,259 | 112,016,687 |