secwatch.observer — SEC 8-K summary
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Issuer:     Motorsport Games Inc. (MSGM)
CIK:        0001821175
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001493152-26-009535
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Motorsport Games posts FY2025 net income $6.8M ($1.43/share) vs loss $3.0M in FY2024
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- Revenue $11.3M (+30% YoY); Le Mans Ultimate DLC drove gaming segment growth.
- Q4 revenue $3.8M (+94.9% YoY); Q4 net income $0.8M vs loss $2.9M a year ago.
- Adjusted EBITDA $7.3M in FY2025 vs loss $3.9M in FY2024; cash from ops $4.1M.
- Cash balance $5.0M at Dec 31, 2025 (rose to $6.0M by Feb 28, 2026).
- Secured $3M revolving line of credit from Citibank N.A. during the period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821175/000149315226009535/0001493152-26-009535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821175/000149315226009535/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-009535

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer