---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-045865"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:35:10.072945+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games reports near-breakeven Q3 2024, warns cash insufficient for next year

## Summary
- Net income attributable to Motorsport Games of $0.01M vs net loss of $3.6M in Q3 2023.
- Revenue of $1.8M, up 6.4% YoY; gross margin improved to 60.2% from 50.9%.
- Adjusted EBITDA turned positive at $0.1M, compared to a loss of $2.5M a year ago.
- Cash and equivalents $0.8M at Sep 30, falling to $0.5M by Oct 31, 2024.
- Company states it lacks sufficient cash to fund operations for next year and is pursuing funding or strategic alternatives.

## SEC filing metadata
- accession: 0001493152-24-045865
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000149315224045865/0001493152-24-045865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000149315224045865/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-045865
- JSON: https://secwatch.observer/filing/0001493152-24-045865.json
- Plain text: https://secwatch.observer/filing/0001493152-24-045865.txt

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