MSGM · XBRL financial data

Motorsport Games financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (MSGM's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	19,046	10,325	6,910	8,687	11,298
Cost of revenue	6,596	4,960	3,620	3,226	2,093
Gross profit	12,450	5,364	3,289	5,462	9,205
Research and development	4,649	10,417	7,237	3,378	1,760
General and administrative	4,335	13,764	9,367	6,883	5,132
Total operating expenses	12,449	40,391	22,698	11,210	7,564
Other operating income (expense)	—	—	3,000	750	1,608
Operating income (loss)	1	(35,026)	(19,409)	(1,750)	3,249
Interest income	1	—	—	—	—
Interest expense	719	1,148	773	121	19
Other income (expense)	107	(666)	5,859	(1,177)	3,370
Income tax expense (benefit)	—	—	—	—	(245)
Net income (loss)	(1,757)	(35,991)	(13,051)	(2,753)	6,928
Earnings per share, basic USD per share	—	(30.73)	5.06	(0.94)	1.43
Earnings per share, diluted USD per share	—	30.73	5.06	(0.94)	1.43
Weighted average shares, basic thousands of shares	—	1,171	2,577	2,922	4,841
Weighted average shares, diluted thousands of shares	—	1,171	2,577	2,922	4,841

Fiscal years (MSGM's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	3,991	979	1,675	859	4,993
Prepaid and other current assets	—	—	—	—	350
Total current assets	10,473	4,043	3,518	2,796	7,587
Property and equipment, net	162	522	248	55	33
Right-of-use asset	—	972	197	51	23
Goodwill	138	—	—	—	—
Total assets	17,387	18,898	9,759	6,268	11,968
Accounts payable	706	2,372	814	2,976	918
Accrued liabilities	3,355	3,416	1,891	1,070	1,293
Total current liabilities	14,914	13,322	7,592	5,022	3,366
Lease liability, non-current	—	617	46	16	—
Total liabilities	15,771	16,994	7,669	5,042	4,387
Accumulated deficit	(4,826)	(73,979)	(87,030)	(91,790)	(84,862)
Total stockholders' equity	(1,030)	1,534	3,043	496	6,776
Total liabilities and equity	17,387	18,898	9,759	6,268	11,968

Fiscal years (MSGM's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,757)	(35,991)	(13,051)	(2,753)	6,928
Stock-based compensation	—	715	957	153	789
Depreciation and amortization	720	2,063	2,115	2,589	1,122
Net cash from operating activities	4,053	(19,520)	(12,916)	(2,838)	4,073
Purchases of property and equipment	137	292	32	25	12
Net cash from investing activities	(481)	(292)	4,211	1,181	(1,123)
Proceeds from issuing common stock	—	39	645	884	2,350
Net cash from financing activities	(1,542)	1,713	9,937	834	1,063
Net change in cash	2,030	(16,840)	696	(816)	4,134

SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Motorsport Games	3,946	3,540	1,122*	not reported	—	Q2 FY26 10-QJun 30, 2026
Smith Micro Software	2,795	4,341	(882)*	5.6M	3.2 quarters	Q2 FY26 10-QJun 30, 2026
System1	40,484	30,200	(2,035)*	not reported	19.9 quarters	Q2 FY26 10-QJun 30, 2026
Webstar Technology Group	1.3	not reported	(513)	405.6M	0.0 quarters	Q1 FY26 10-QMar 31, 2026
Iveda Solutions	4,763	802*	(1,437)*	12.5M	3.3 quarters	Q2 FY26 10-QJun 30, 2026
Upay	117	285	(0.1)*	18.7M	3.1 quarters	Q2 FY26 10-QAug 31, 2026
Tessera Defense & Homeland Security	347	332	(1,170)*	26.7M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Amesite	2,299	79*	(661)*	6.5M	3.5 quarters	Q4 FY26 10-KJun 30, 2026
OneMeta	49	439	2,404*	38.9M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.