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Motorsport Games Inc.: 10-Q filed 2021-08-11

What Motorsport Games Inc. reported in its quarterly report filed 2021-08-11 (fiscal Q2 2021): 38 published measures, 107 facts as tagged in accession 0001493152-21-019355.

This filing

Form
10-Q (quarterly report)
Filed
2021-08-11
Fiscal period
fiscal Q2 2021
Accession
0001493152-21-019355 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Motorsport Games Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-06-3058,666,557USD
At 2020-12-3117,387,010USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-06-306,713,068USD
At 2020-12-3115,771,184USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-06-3050,602,369USD
At 2020-12-31-1,029,733USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-06-3028,303,204USD
At 2020-12-313,990,532USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-5,780,094USD91
2021-01-01 to 2021-06-30-19,592,068USD181
2020-04-01 to 2020-06-30-78,315USD91
2020-01-01 to 2020-06-30-317,946USD182

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-11,264,546USD181
2020-01-01 to 2020-06-302,297,962USD182

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-01-01 to 2021-06-30348,033USD181
2020-01-01 to 2020-06-3011,155USD182

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2021-04-01 to 2021-06-302,238,927USD91
2021-01-01 to 2021-06-304,713,059USD181
2020-04-01 to 2020-06-303,888,817USD91
2020-01-01 to 2020-06-307,123,384USD182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-01-01 to 2021-06-3049,501,815USD181
2020-01-01 to 2020-06-30-66,794USD182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-14,008,174USD181
2020-01-01 to 2020-06-30-903,154USD182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-06-30-24,418,403USD
At 2020-12-31-4,826,335USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2021-06-30452,612USD
At 2020-12-31162,148USD

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-5,973,404USD91
2021-01-01 to 2021-06-30-21,350,473USD181
2020-04-01 to 2020-06-30101,270USD91
2020-01-01 to 2020-06-30-18,306USD182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2021-06-3033,456,969USD
At 2020-12-3110,473,123USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2021-04-01 to 2021-06-3031,899USD91
2021-01-01 to 2021-06-30151,438USD181
2020-04-01 to 2020-06-30218,500USD91
2020-01-01 to 2020-06-30217,360USD182

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-06-305,795,428USD
At 2020-12-3114,914,490USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2021-06-30268,981USD
At 2020-12-31705,951USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2021-06-305,099,065USD
At 2020-12-31137,717USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2021-04-01 to 2021-06-307,306,028USD91
2021-01-01 to 2021-06-3024,375,421USD181
2020-04-01 to 2020-06-302,515,308USD91
2020-01-01 to 2020-06-304,800,954USD182

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-04-01 to 2021-06-301,332,624USD91
2021-01-01 to 2021-06-303,024,948USD181
2020-04-01 to 2020-06-302,616,578USD91
2020-01-01 to 2020-06-304,782,648USD182

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2021-04-01 to 2021-06-30906,303USD91
2021-01-01 to 2021-06-301,688,111USD181
2020-04-01 to 2020-06-301,272,239USD91
2020-01-01 to 2020-06-302,340,736USD182

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2021-04-01 to 2021-06-301,818,178USD91
2021-01-01 to 2021-06-303,068,540USD181
2020-04-01 to 2020-06-301,202,343USD91
2020-01-01 to 2020-06-302,138,147USD182

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2021-06-3075,117,703USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2021-06-30-98,795USD
At 2020-12-314,928USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2021-06-3051,953,489USD
At 2021-03-3161,233,424USD
At 2020-12-311,615,826USD
At 2020-06-303,379,918USD
At 2020-03-313,411,452USD
At 2019-12-313,611,960USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2021-06-3019,657,911USD
At 2021-03-319,323,807USD
At 2020-12-315,568,452USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2020-12-31296,200USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-06-30917,640USD
At 2020-12-31856,694USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2021-06-302,114,935USD
At 2020-12-313,355,003USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-5,960,943USD91
2021-01-01 to 2021-06-30-20,046,367USD181
2021-01-01 to 2021-03-31-14,085,424USD90
2020-04-01 to 2020-06-30-31,534USD91
2020-01-01 to 2020-06-30-232,042USD182
2020-01-01 to 2020-03-31-200,508USD91

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2021-04-01 to 2021-06-30-5,850,903USD91
2021-01-01 to 2021-06-30-19,695,791USD181
2020-04-01 to 2020-06-30-78,315USD91
2020-01-01 to 2020-06-30-317,946USD182

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2021-04-01 to 2021-06-304,717,180USD91
2021-01-01 to 2021-06-3019,481,218USD181
2020-04-01 to 2020-06-30582,408USD91
2020-01-01 to 2020-06-301,275,160USD182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2021-01-01 to 2021-06-30659,309USD181
2020-01-01 to 2020-06-30303,331USD182

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2021-04-01 to 2021-06-30471,114USD91
2021-01-01 to 2021-06-30581,411USD181
2021-01-01 to 2021-03-31110,297USD90
2020-04-01 to 2020-06-30160,806USD91
2020-01-01 to 2020-06-30275,869USD182

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2021-04-01 to 2021-06-3044,360USD91
2021-01-01 to 2021-06-3084,707USD181
2020-04-01 to 2020-06-3044,688USD91
2020-01-01 to 2020-06-3032,858USD182

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2021-01-01 to 2021-06-30804,674USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-2,149,685USD181
2020-01-01 to 2020-06-30-41,635USD182

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

PeriodValueUnitDays
2021-01-01 to 2021-06-30-579,061USD181
2020-01-01 to 2020-06-30421,350USD182

Inspect the source

Entity
Motorsport Games Inc. / CIK 0001821175
Captured
2026-09-21T17:35:08.509Z
SEC response SHA-256
aced047b5c4301a7a91644473dd8ddf9fb31c5ebbe9cbcc64515c9502ac518d8

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001821175.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))