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-Q - Q2 2024 - Oct 16, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 886 % -72.6%
Debt-to-equity 12.3 %
Return On Equity -185 % -467%
Return On Assets -165 % -422%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 21.2M shares
Common Stock, Shares, Outstanding 21.2M shares +3.99%
Entity Public Float 8.13M USD
Common Stock, Value, Issued 2.12K USD +3.97%
Weighted Average Number of Shares Outstanding, Basic 21.2M shares +3.99%
Weighted Average Number of Shares Outstanding, Diluted 21.2M shares +3.99%

Income Statement

Label TTM Value / Value Unit Change %
Research and Development Expense 601K USD
General and Administrative Expense 3.7M USD +30.3%
Costs and Expenses 69K USD +50%
Operating Income (Loss) -6.19M USD -118%
Nonoperating Income (Expense) 241 USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.19M USD -120%
Net Income (Loss) Attributable to Parent -6.18M USD -120%
Earnings Per Share, Basic -0.29 USD/shares -123%
Earnings Per Share, Diluted -0.29 USD/shares +50%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2M USD
Other Assets, Current 580K USD
Assets, Current 2.09M USD -65.9%
Other Long-term Investments 19.6K USD -1.49%
Property, Plant and Equipment, Net 64.5K USD +128%
Operating Lease, Right-of-Use Asset 100K USD -22.7%
Other Assets, Noncurrent 24.4K USD
Assets 2.28M USD -70.7%
Accounts Payable, Current 89.7K USD +1226%
Accrued Liabilities, Current 81K USD +154%
Liabilities, Current 157K USD -33.5%
Operating Lease, Liability, Noncurrent 35.3K USD -56.1%
Liabilities 193K USD -39.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 38 USD -95.9%
Retained Earnings (Accumulated Deficit) -9.43M USD
Stockholders' Equity Attributable to Parent 2.1M USD -71.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.09M USD -72%
Liabilities and Equity 2.28M USD -70.7%

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 21.2M shares +3.99%
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 2.03M USD -66.6%
Deferred Tax Assets, Valuation Allowance 2.07M USD +567%
Deferred Tax Assets, Gross 19.4K USD
Operating Lease, Liability 103K USD
Depreciation 3K USD +200%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -6.18M USD -120%
Lessee, Operating Lease, Liability, to be Paid 110K USD
Operating Lease, Liability, Current 67.6K USD +34.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.52K USD -96%
Lessee, Operating Lease, Liability, to be Paid, Year One 68.7K USD +129%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 6.74K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 54.7K USD
Deferred Tax Assets, Operating Loss Carryforwards 1.62M USD +391%
Preferred Stock, Shares Authorized 10M shares 0%
Additional Paid in Capital 11.5M USD +7.78%
Operating Leases, Future Minimum Payments Due 148K USD
Interest Expense 288 USD
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%