v3.25.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 4,993,390 $ 859,271
Accounts receivable, net 2,243,619 1,446,990
Prepaid expenses and other current assets 350,487 490,221
Total Current Assets 7,587,496 2,796,482
Property and equipment, net 32,853 55,437
Operating lease right of use assets 22,710 51,004
Deferred tax asset 492,934
Other non-current assets 60,530
Intangible assets, net 3,771,543 3,365,298
Total Assets 11,968,066 6,268,221
Current liabilities:    
Accounts payable 918,280 2,976,211
Accrued expenses and other current liabilities 1,293,206 679,600
Deferred revenue 1,133,382 390,463
Purchase commitments 918,198
Operating lease liabilities (current) 17,575 31,099
Total Current Liabilities 3,365,814 5,021,782
Operating lease liabilities (non-current) 16,309
Deferred tax liability 222,833
Other non-current liabilities 798,188 4,128
Total Liabilities 4,386,835 5,042,219
Commitments and contingencies (Note 11)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; authorized 1,000,000 shares; none issued and outstanding as of December 31, 2025 and 2024
Additional paid-in capital 95,213,629 92,960,275
Accumulated deficit (84,861,901) (91,789,968)
Accumulated other comprehensive loss (3,576,620) (674,434)
Total Stockholders’ Equity Attributable to Motorsport Games Inc. 6,775,682 496,258
Non-controlling interest 805,549 729,744
Total Stockholders’ Equity 7,581,231 1,226,002
Total Liabilities and Stockholders’ Equity 11,968,066 6,268,221
Common Class A [Member]    
Stockholders’ Equity    
Common stock 504 315
Common Class B [Member]    
Stockholders’ Equity    
Common stock 70 70
Related Party [Member]    
Current liabilities:    
Due to related parties $ 3,371 $ 26,211