---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-25-003065"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:17:12.980364+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allied Gaming Q2 revenue down 27% to $1.9M; net loss widens to $4.8M

## Summary
- Revenue $1.9M, down from $2.6M YoY; mobile gaming down $1.0M, partially offset by arena events.
- Net loss $4.8M vs $3.9M; adjusted EBITDA loss $2.1M vs $1.7M in Q2 2024.
- Cash and short-term investments $60.0M, down from $71.5M at Dec 31, 2024; working capital $44.9M.
- Legal and professional fees rose $0.5M due to dissident stockholder complaints and proxy contest.
- CEO Yangyang Li appointed; company highlights strategic investment in Angry Birds 3 IP.

## SEC filing metadata
- accession: 0000929638-25-003065
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708341/000092963825003065/0000929638-25-003065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963825003065/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-25-003065
- JSON: https://secwatch.observer/filing/0000929638-25-003065.json
- Plain text: https://secwatch.observer/filing/0000929638-25-003065.txt

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