---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-24-001853"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2024-05-20T23:59:59+00:00"
generated_at: "2026-06-01T12:56:30.891963+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AGAE Q1 revenue doubles to $2.4M; net loss narrows to $1.8M

## Summary
- Total revenue of $2.4M, up 99% YoY, driven by Z-Tech casual mobile gaming investment.
- Net loss improved to $1.8M from $1.9M; adjusted EBITDA loss narrowed to $1.7M from $2.0M.
- Cash and short-term investments were $83.3M at March 31, 2024, up from $78.6M at Dec 31, 2023.
- Allied Esports hosted 63 events in Q1; partnership with WPT and Wynn Macau for June 2024 event.

## SEC filing metadata
- accession: 0000929638-24-001853
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2024-05-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001853/0000929638-24-001853-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963824001853/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-24-001853
- JSON: https://secwatch.observer/filing/0000929638-24-001853.json
- Plain text: https://secwatch.observer/filing/0000929638-24-001853.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.