v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 3,946,341 $ 4,993,390
Accounts receivable, net 1,740,557 2,243,619
Prepaid expenses and other current assets 705,738 350,487
Total Current Assets 6,392,636 7,587,496
Property and equipment, net 47,693 32,853
Operating lease right of use assets 5,746 22,710
Deferred tax asset 492,934 492,934
Other non-current assets 111,432 60,530
Intangible assets, net 4,271,982 3,771,543
Total Assets 11,322,423 11,968,066
Current liabilities:    
Accounts payable 663,367 918,280
Accrued expenses and other current liabilities 1,509,427 1,293,206
Deferred revenue 1,043,035 1,133,382
Operating lease liabilities 17,575
Total Current Liabilities 3,453,995 3,365,814
Deferred tax liability 222,833 222,833
Line of credit 1,200,000
Noncurrent liabilities 1,201,995 798,188
Total Liabilities 6,078,823 4,386,835
Commitments and contingencies (Note 9)
Stockholders’ Equity    
Preferred stock, $0.0001 par value; authorized 1,000,000 shares; none issued and outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital 95,691,601 95,691,531
Treasury stock, at cost; 904,395 and 0 shares as of June 30, 2026 and December 31, 2025, respectively (3,717,063)
Accumulated deficit (84,622,513) (85,339,803)
Accumulated other comprehensive loss (3,467,937) (3,576,620)
Total Stockholders’ Equity Attributable to Motorsport Games Inc. 3,884,592 6,775,682
Non-controlling interest 1,359,008 805,549
Total Stockholders’ Equity 5,243,600 7,581,231
Total Liabilities and Stockholders’ Equity 11,322,423 11,968,066
Common Class A [Member]    
Stockholders’ Equity    
Common stock 504 504
Common Class B [Member]    
Stockholders’ Equity    
Common stock 70
Related Party [Member]    
Current liabilities:    
Due to related parties 3,523 3,371
Note payable $ 234,643