---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-24-003907"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:31:01.533145+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AGAE Q3 revenue up 93% to $2.2M; net loss widens to $4.0M on settlement and FX losses

## Summary
- Revenue $2.2M, up 93% YoY; driven by HyperX Arena (+$0.2M) and casual mobile gaming (+$0.8M) via Z-Tech.
- Net loss $4.0M (vs income $0.1M a year ago) from $3.0M BPR settlement payment and $1.2M unrealized FX losses (mostly reversed in Oct).
- Adjusted EBITDA loss narrowed to $0.1M from $0.3M in Q3 2023.
- Cash and short-term investments $80.2M; working capital $62.8M; shares outstanding 38.1M.
- Post-quarter strategic investment from Yellow River Global Capital to pursue location-based entertainment opportunities.

## SEC filing metadata
- accession: 0000929638-24-003907
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000092963824003907/0000929638-24-003907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963824003907/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-24-003907
- JSON: https://secwatch.observer/filing/0000929638-24-003907.json
- Plain text: https://secwatch.observer/filing/0000929638-24-003907.txt

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