---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-009452"
form_type: "8-K"
ticker: "MSGM"
cik: "0001821175"
company_name: "Motorsport Games Inc."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T02:02:18.139724+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Motorsport Games Q1 net income $1.0M; revenue down 42%; adjusted EBITDA positive

## Summary
- Net income of $1.0M ($0.33/share) vs net loss of $1.7M ($0.61 loss) in Q1 2024.
- Revenue decreased 42% to $1.8M from $3.0M; gross margin slipped to 73.5% from 78.0%.
- Adjusted EBITDA improved to $0.6M from a loss of $1.0M in prior-year quarter.
- Closed $2.5M private placement (led by Pimax) in April; cash rose to $3.1M as of April 30.
- Liquidity still tight; Company exploring asset sales or licensing to fund operations.

## SEC filing metadata
- accession: 0001641172-25-009452
- form_type: 8-K
- ticker: MSGM
- cik: 0001821175
- company_name: Motorsport Games Inc.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821175/000164117225009452/0001641172-25-009452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821175/000164117225009452/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-009452
- JSON: https://secwatch.observer/filing/0001641172-25-009452.json
- Plain text: https://secwatch.observer/filing/0001641172-25-009452.txt

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