---
schema_version: "secwatch.filing_event.v1"
accession: "0000929638-25-004351"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:07:24.710387+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Allied Gaming & Entertainment Q3 2025: revenue $1.8M (-15%), net loss $5.4M

## Summary
- Revenue $1.8M, down 15% from $2.2M in Q3 2024 due to fewer arena events.
- Net loss widened to $5.4M vs $4.0M; costs surged to $9.2M on $4.4M legal/proxy fees.
- Adjusted EBITDA loss $2.0M vs loss $0.1M in prior-year period.
- Completed acquisition of Saiju School in Japan (renamed AIFA), entry into accredited secondary education.
- Cash and short-term investments $56.0M vs $71.5M at year-end; working capital $36.7M.

## SEC filing metadata
- accession: 0000929638-25-004351
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1708341/000092963825004351/0000929638-25-004351-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000092963825004351/a8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000929638-25-004351
- JSON: https://secwatch.observer/filing/0000929638-25-004351.json
- Plain text: https://secwatch.observer/filing/0000929638-25-004351.txt

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