2023 Q3 Form 10-Q Financial Statement

#000149315223028257 Filed on August 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $25.00 $155.00 $478.00
YoY Change -99.23% -67.57% -99.11%
Cost Of Revenue $44.42K $76.95K $111.9K
YoY Change -53.79% -31.23% 1877.01%
Gross Profit -$44.39K -$76.80K -$111.4K
YoY Change -52.2% -31.07% -331.27%
Gross Profit Margin -177568.0% -49547.74% -23309.83%
Selling, General & Admin $230.0K $258.7K $433.2K
YoY Change -40.87% -40.28% 190.93%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $540.00 $1.027K
YoY Change -100.0% -47.42% 90.19%
% of Gross Profit
Operating Expenses $231.6K $259.2K $434.2K
YoY Change -40.61% -40.3% 190.56%
Operating Profit -$276.0K -$336.0K -$545.6K
YoY Change -42.84% -38.42% 438.83%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $473.00 -$25.00 -$165.0K
YoY Change -100.1% -99.98% -95.06%
Pretax Income -$280.0K -$336.1K -$710.6K
YoY Change -42.03% -52.71% -79.36%
Income Tax
% Of Pretax Income
Net Earnings -$275.5K -$336.0K -$710.6K
YoY Change -42.95% -52.71% -79.36%
Net Earnings / Revenue -1102188.0% -216803.23% -148667.36%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$6.864K
COMMON SHARES
Basic Shares Outstanding 116.1M shares 113.9M shares 103.5M shares
Diluted Shares Outstanding 117.6M shares 115.4M shares 103.5M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $220.0K $295.1K $1.553M
YoY Change -81.75% -81.0% 30053.2%
Cash & Equivalents $223.3K $295.1K $1.553M
Short-Term Investments
Other Short-Term Assets $10.00K $2.370K $23.80K
YoY Change -52.9% -90.04%
Inventory
Prepaid Expenses $13.75K $2.370K $23.80K
Receivables $16.50K
Other Receivables $0.00 $0.00
Total Short-Term Assets $237.0K $314.0K $1.577M
YoY Change -80.68% -80.09% 30515.38%
LONG-TERM ASSETS
Property, Plant & Equipment $383.00 $478.00 $3.613K
YoY Change -85.18% -86.77% -24.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $114.1K $113.6K $110.4K
YoY Change 0.45% 2.86%
Total Long-Term Assets $114.6K $114.2K $114.0K
YoY Change -1.33% 0.13% 101.57%
TOTAL ASSETS
Total Short-Term Assets $237.0K $314.0K $1.577M
Total Long-Term Assets $114.6K $114.2K $114.0K
Total Assets $351.6K $428.2K $1.691M
YoY Change -73.82% -74.68% 2639.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $530.0K $376.2K $446.7K
YoY Change 36.47% -15.78% 121.08%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $530.8K $376.2K $446.7K
YoY Change 36.69% -15.78% -93.6%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $530.8K $376.2K $446.7K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $530.8K $376.2K $446.7K
YoY Change 36.69% -15.78% -93.6%
SHAREHOLDERS EQUITY
Retained Earnings -$10.73M -$10.45M -$8.817M
YoY Change 15.38% 18.57%
Common Stock $117.6K $115.4K $103.5K
YoY Change 8.16% 11.43%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$179.2K $51.93K $1.244M
YoY Change
Total Liabilities & Shareholders Equity $351.6K $428.2K $1.691M
YoY Change -73.82% -74.68% 2639.34%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$275.5K -$336.0K -$710.6K
YoY Change -42.95% -52.71% -79.36%
Depreciation, Depletion And Amortization $0.00 $540.00 $1.027K
YoY Change -100.0% -47.42% 90.19%
Cash From Operating Activities -$70.00K -$307.5K -$368.2K
YoY Change -79.96% -16.48% 363.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $20.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $4.200K
YoY Change -100.0%
Cash From Investing Activities $0.00 -$10.00 $4.190K
YoY Change -100.0% -100.24% -108.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 10.00K 2.220K 0.000
YoY Change 93.05% -100.0%
NET CHANGE
Cash From Operating Activities -70.00K -307.5K -368.2K
Cash From Investing Activities 0.000 -10.00 4.190K
Cash From Financing Activities 10.00K 2.220K 0.000
Net Change In Cash -60.00K -305.3K -364.0K
YoY Change -82.73% -16.13% -10412.46%
FREE CASH FLOW
Cash From Operating Activities -$70.00K -$307.5K -$368.2K
Capital Expenditures $0.00 $20.00 $0.00
Free Cash Flow -$70.00K -$307.6K -$368.2K
YoY Change -79.77% -16.47% 1226.92%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001454742
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2023Q2 GMER Loss On Stock Conversion
LossOnStockConversion
usd
CY2022Q2 GMER Loss On Stock Conversion
LossOnStockConversion
usd
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
usd
GMER Loss On Stock Conversion
LossOnStockConversion
usd
GMER Loss On Stock Conversion
LossOnStockConversion
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
usd
us-gaap Interest Expense
InterestExpense
usd
us-gaap Interest Expense
InterestExpense
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
usd
GMER Due From Related Party Expense
DueFromRelatedPartyExpense
usd
GMER Adjustment To Reconcile Digital Assets
AdjustmentToReconcileDigitalAssets
usd
GMER Adjustment To Reconcile Digital Assets
AdjustmentToReconcileDigitalAssets
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Share Based Compensation
ShareBasedCompensation
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
GMER Payments For Class Stock Preffered Stock
PaymentsForClassStockPrefferedStock
usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
GMER Unpaid Property And Equipment Acquired
UnpaidPropertyAndEquipmentAcquired
usd
GMER Unpaid Property And Equipment Acquired
UnpaidPropertyAndEquipmentAcquired
usd
GMER Conversion Of Debt To Common Shares
ConversionOfDebtToCommonShares
usd
GMER Conversion Of Debt To Common Shares
ConversionOfDebtToCommonShares
usd
GMER Shares Issued For Acquisition Of Software
SharesIssuedForAcquisitionOfSoftware
usd
GMER Shares Issued For Acquisition Of Software
SharesIssuedForAcquisitionOfSoftware
usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
usd
CY2023Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
usd
CY2023Q2 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
usd
CY2022Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
usd
CY2022Q2 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
usd
CY2022Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
usd
CY2023 GMER Derivative Gain Loss On Derivatives Net
DerivativeGainLossOnDerivativesNet
usd
CY2023Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
usd
CY2023Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-53949
dei Entity Registrant Name
EntityRegistrantName
Good Gaming, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-3917807
dei Entity Address Address Line1
EntityAddressAddressLine1
415 McFarlan Road
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 108
dei Entity Address City Or Town
EntityAddressCityOrTown
Kennett Square
dei Entity Address State Or Province
EntityAddressStateOrProvince
PA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
19348
dei City Area Code
CityAreaCode
(888)
dei Local Phone Number
LocalPhoneNumber
295-7279
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
116101179 shares
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
295098 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
931868 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
16504 usd
CY2023Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2370 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
9480 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
313972 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
941348 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
113577 usd
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
113091 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
478 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1557 usd
CY2023Q2 us-gaap Other Receivables
OtherReceivables
125 usd
CY2023Q2 us-gaap Assets
Assets
428152 usd
CY2022Q4 us-gaap Assets
Assets
1055996 usd
CY2023Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
376222 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
426386 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
376222 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
426386 usd
CY2023Q2 us-gaap Liabilities
Liabilities
376222 usd
CY2022Q4 us-gaap Liabilities
Liabilities
426386 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
115361524 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
115361524 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
115361524 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
115361524 shares
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
115361 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
110924 usd
CY2023Q2 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
333 usd
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
333 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10390204 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10265127 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10454055 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-9746860 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
51930 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
629610 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
428152 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1055996 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
155 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
478 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
76954 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
111899 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
-76799 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
-111421 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
43977 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
143009 usd
CY2023Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1200 usd
CY2022Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3600 usd
CY2023Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
540 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1027 usd
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
213504 usd
CY2022Q2 us-gaap Professional Fees
ProfessionalFees
286578 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
259221 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
434214 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-336020 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-545635 usd
CY2022Q2 us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
1408 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
25 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
166403 usd
CY2023Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-164995 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-336045 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-710630 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115361524 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115361524 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103526044 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103526044 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115361524 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103526044 shares
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3416 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1744 usd
us-gaap Cost Of Revenue
CostOfRevenue
205278 usd
us-gaap Cost Of Revenue
CostOfRevenue
118892 usd
us-gaap Gross Profit
GrossProfit
-201862 usd
us-gaap Gross Profit
GrossProfit
-117148 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
84337 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
325267 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
2400 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
49400 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1080 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2055 usd
us-gaap Professional Fees
ProfessionalFees
417492 usd
us-gaap Professional Fees
ProfessionalFees
529534 usd
us-gaap Operating Expenses
OperatingExpenses
505308 usd
us-gaap Operating Expenses
OperatingExpenses
906257 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-707170 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1023405 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
13498 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
25 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
167828 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-154330 usd
us-gaap Net Income Loss
NetIncomeLoss
-707194 usd
us-gaap Net Income Loss
NetIncomeLoss
-1177735 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115361524 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115361524 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103526044 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
103526044 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115361524 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103526044 shares
us-gaap Net Income Loss
NetIncomeLoss
-707194 usd
us-gaap Net Income Loss
NetIncomeLoss
-1177735 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16504 usd
GMER Due From Related Party Expense
DueFromRelatedPartyExpense
125 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1080 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2055 usd
us-gaap Share Based Compensation
ShareBasedCompensation
125076 usd
us-gaap Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
13498 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
25 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
167828 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-7110 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
14470 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
-50164 usd
us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
147688 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-640697 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-888131 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
55 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1236 usd
us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
38962 usd
GMER Reclass Of Intangible Assets
ReclassOfIntangibleAssets
-456 usd
GMER Reclass Of Intangible Assets
ReclassOfIntangibleAssets
1955 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-511 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
39681 usd
GMER Payments For Class Stock Preffered Stock
PaymentsForClassStockPrefferedStock
-4438 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6628 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4438 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6628 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-636770 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-855078 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
931868 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2407966 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
295098 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1552889 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
629610 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
77146 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-371150 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
335607 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
52368 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-336045 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
51930 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2421751 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-467105 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1954646 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-710630 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1244017 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80D_eus-gaap--NatureOfOperations_zRd8k5TddX08" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_82E_zedHcRzwi1U3">Nature of Operations and Continuance of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Good Gaming, Inc. (Formerly HDS International Corp.) (the “Company”) was incorporated on November 3, 2008, under the laws of the State of Nevada. The Company is a leading tournament gaming platform and online destination targeting over 250 million Esports players and participants worldwide that want to compete at the high school or college level. A substantial portion of the Company’s activities has involved developing a business plan and establishing contacts and visibility in the marketplace and the Company has not generated any substantial revenue to date. Beginning in 2018, the Company began deriving revenue by providing transaction verification services within the digital currency networks of cryptocurrencies. However, on December 12, 2018, the Company discontinued such transaction verification services by dissolving Crypto Strategies Group, Inc., its wholly-owned subsidiary. In 2021, the Company formulated a new plan to create a new game called “MicroBuddies™” that combines Ethereum ERC721 NFTs (Non-fungible tokens), non-standard ERC20 tokens (GOO™), and strategic gameplay to replicate and create unique and rare NFTs. The game is played online via the MicroBuddies website and blockchain transactions take place on the Polygon Network. The game was launched after beta testing in December of 2021. 2022 was a year of growth for our Company. In response to the crypto winter that began in early 2022 and continues today, the Company launched a series of new business development strategies. In mid-2022, the Company launched beta versions of its Minecraft Super Craft Brothers Brawl (“SCBB”) franchise on the Roblox platform. In 2023, the Company plans to launch the full game version of SCBB on Roblox after a great deal of feedback from the community. In late 2022, the Company also launched a beta version of “Treasure Island”; a Microbuddies themed Simulator game on Roblox. To date, the Company has launched beta versions of its SCBB franchise on both the Minecraft™ PC platform and Roblox, our Prison variant for Minecraft™ PC, and multiple Microbuddies themed games on the Roblox platform. Over the course of the development schedule, the Company experienced significant developer related challenges which resulted in missed updates to already released games, development creep on games in production, and delayed product launches. After reviewing our third-party developer and internal efforts, the Company has decided to paused Roblox and Minecraft development until the Company completes platform, developer and marketing effort reviews. These reviews will result in outputs hope to point out the pain points in our processes, and illustrate a plausible forward course of action that is realistic in its expectations, and can create gaming experiences that can generate results that are up to the Company’s and customer’s expectations, and generate significant additive results to our financial performance and shareholder value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In response to the production difficulties with the Minecraft and Roblox developers, the Company undertook a significant business development research project to determine what possible opportunities exist within the mobile gaming industry. After a lengthy review, the Company has entered into a multi-year strategic partnership with ViaOne Services Inc. to distribute Good Gaming mobile games to the Assist Wireless® and enTouch Wireless® customer bases. Assist Wireless and enTouch Wireless are operated and managed by ViaOne Services. The Company will also make its new mobile gaming experiences available through the Apple App Store® and Google Play™ Store. The Company has slated its first mobile game to be released in late 2023. The Company has created a significant development schedule that will span multiple games over the next several years. In addition to a traditional mobile game experience, the Company has plans to create integrated Web3 gaming components powered by blockchain technology. The main mobile game will stand on its own as a dynamic entertainment experience while the Web3 integration will exist as an optional experience for the mobile players. Players can decide to participate in the Web3 experiences or play the traditional mobile game without taking part in the Web3 segments of the game. Along with the traditional mobile gaming experience these integrated Web3 gaming components will feature an expansive rewards tree to keep players engaged for many years. The Company will announce additional content for the mobile games roadmap when appropriate.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Going Concern</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 27pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of June 30, 2023, the Company had a working capital deficit of $<span id="xdx_90A_ecustom--WorkingCapital_iI_c20230630_zOEHcLMT1sJ2" title="Working capital">62,250 </span>and an accumulated deficit of $<span id="xdx_90A_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_di_c20230630_zEYPjJLdMwml" title="Accumulated deficit">10,454,055</span>. The continuation of the Company as a going concern is dependent upon the continued financial support from its shareholders, the ability to raise equity or debt financing, and the attainment of profitable operations from the Company’s future business. These factors raise substantial doubt regarding the Company’s ability to continue as a going concern for a period of one year from the issuance of these financial statements. These financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q2 GMER Working Capital
WorkingCapital
62250 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10454055 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zSJJoDDgGTL7" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zUowmArfawN4">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions related to the fair values of convertible debentures, derivative liability, stock-based compensation, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain reclassifications have been made to prior-year amounts to conform to the current period presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P5Y
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000000 shares
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
28691 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
80487 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
22285 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
21122 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
21807 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17509 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
478 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3613 usd
us-gaap Depreciation
Depreciation
540 usd
us-gaap Depreciation
Depreciation
1027 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
113577 usd
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
110416 usd
CY2023Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
25 usd
CY2022Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
166403 usd
CY2021Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
4398750 usd
CY2022 GMER Derivative Gain Loss On Derivatives Net
DerivativeGainLossOnDerivativesNet
4398750 usd
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
us-gaap Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
If all of our Series A, B and E Preferred Stock are converted into shares of common stock, the number of issued and outstanding shares of our common stock will increase by 61,672,201 shares
us-gaap Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
61672201
CY2023Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5675292 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1121142 usd
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
848578 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1121142 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
848578 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
70569 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
149232 usd
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
70569 usd
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
149232 usd

Files In Submission

Name View Source Status
0001493152-23-028257-index-headers.html Edgar Link pending
0001493152-23-028257-index.html Edgar Link pending
0001493152-23-028257.txt Edgar Link pending
0001493152-23-028257-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
gmer-20230630.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
gmer-20230630_cal.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
gmer-20230630_def.xml Edgar Link unprocessable
gmer-20230630_lab.xml Edgar Link unprocessable
gmer-20230630_pre.xml Edgar Link unprocessable