---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-065626"
form_type: "8-K"
ticker: "AGAE"
cik: "0001708341"
company_name: "Allied Gaming & Entertainment Inc."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T18:21:09.894441+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Allied Gaming Q2 revenue up 182% to $3.3M; net loss narrows to $0.7M

## Summary
- Revenue $3.3M, up 182% YoY; net loss $0.7M vs $3.7M loss in Q2 2022.
- Adjusted EBITDA loss improved to $1.1M from $2.7M loss a year ago.
- Cash & short-term investments $82.2M; working capital $74.7M at June 30.
- Repurchased 372,436 shares at avg $1.08 for ~$404K in Q2.
- Season 2 of ELEVATED reached 12.7M views; extended HyperX Arena naming rights with HP.

## SEC filing metadata
- accession: 0001213900-23-065626
- form_type: 8-K
- ticker: AGAE
- cik: 0001708341
- company_name: Allied Gaming & Entertainment Inc.
- filed_at: 2023-08-10T23:59:59+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/1708341/000121390023065626/0001213900-23-065626-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708341/000121390023065626/ea183220-8k_alliedgaming.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-065626
- JSON: https://secwatch.observer/filing/0001213900-23-065626.json
- Plain text: https://secwatch.observer/filing/0001213900-23-065626.txt

## Key facts
- Earnings Releases
  Allied Gaming & Entertainment Inc. reported the second quarter ended June 30, 2023 results: revenue $3.3 million, net income $0.7 million.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $3.3 million
  - Net income: $0.7 million
  - Result: reported results
  source text: experiential entertainment company, today announced financial results for the second quarter ended June 30, 2023. “We are thrilled to announce our second quarter revenues of $3.3 million, which are up 182% year-over-year, and driven by the continued success of our original content sponsorship and our new arena and mobile truck sponsorship. Importantly, we
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708341/000121390023065626/0001213900-23-065626-index.htm

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