Good Gaming Inc (GMER)

[luden]

As of September 30, 2022, the Company’s cash balance consisted of $1,205,502 compared to cash balance of $3,833 as of September 30, 2021. The increase in the cash balance was attributed to the increase in additional paid in capital for common stock. As of September 30, 2022, the Company had $1,342,856 in total assets compared to total assets of $344,130 at September 30, 2021. The increase in total assets was attributed to additional investment capital payments received.

 

As of September 30, 2022, the Company had total liabilities of $388,347 compared with total liabilities of $19,460,129 as of September 30, 2021. The decrease in liabilities was attributable to Viaone Note conversion to shares of stock and decrease in derivative liabilities.

 

As of September 30, 2022, the Company has a working capital of $838,384 compared with a working capital deficit of $19,443,462 as of September 30, 2021. The positive working capital is due to additional investor capital payments, used for general working capital purposes.