secwatch.observer — SEC 8-K summary
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Issuer:     Allied Gaming & Entertainment Inc. (AGAE)
CIK:        0001708341
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0000929638-24-001237
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allied Gaming Q4 revenue $2.1M (+70% YoY); FY net loss narrows to $3.6M
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- Full-year 2023 revenue $7.7M (+21% YoY); net loss $3.6M vs $10.8M in 2022.
- Q4 2023 revenue $2.1M (+70% YoY); net loss $1.1M vs $1.7M in Q4 2022.
- Adjusted EBITDA loss $4.6M in 2023 vs $8.6M loss in 2022.
- Cash and short-term investments $78.6M at Dec 31, 2023; 36.8M shares outstanding.
- Closed strategic investment in Z-Tech; formed Skyline Music JV in Macau (51% owned).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/0000929638-24-001237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708341/000092963824001237/a8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-24-001237

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer