earnings
confidence high
sentiment neutral
materiality 0.55
Good Gaming reports record Q3 revenue of $269K, net loss of $12.3M on derivative liability
GOOD GAMING, INC.
- Q3 revenue $269,355 vs $2,554 YoY; nine-month YTD $329,885 vs $7,880.
- Net loss $12.3M includes $12.1M non-cash derivative liability from convertible notes.
- Nano Factory tokens for MicroBuddies NFT game >90% sold out; mainnet launch expected Q4 2021.
- Company expects beta 2.0 and mainnet launch; derivative liability to fluctuate until ViaOne converts debt.
- Finalized Terms of Service for MicroBuddies NFT game; to be published at microbuddies.io.