All In FutureTech Alliance, Inc.

Listed Company

AGAECIK 0001708341NasdaqNon-AcceleratedSmaller ReportingServices-Amusement & Recreation ServicesDelawareFY ends Dec 31

Period

FY 2024

Revenue

—

Net Income

$-16.76M

Total Assets

$112.69M

Equity

$73.01M

Shares Out

38.01M

Op. Cash Flow

$-9.77M

Business

Allied Gaming & Entertainment Inc. is a global experiential entertainment company focused on delivering gaming and esports experiences. The company offers location-based entertainment venues (including HyperX Arena Las Vegas and a mobile arena truck), original content production, live and virtual tournaments, event production, and mobile gaming through strategic investments and partnerships. Allied operates through subsidiaries including Allied Esports International, Allied Mobile Entertainment and Allied Experiential Entertainment. It distributes content and services worldwide via live events, streaming platforms (Twitch, YouTube), social media, and mobile channels.

Summary from filing dated 2025-06-09

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Total Revenues	9	8	—	5	3
In-person (exclusive of depreciation and amortization)	2	3	4	4	3
Multiplatform content (exclusive of depreciation and amortization)	—	2	1	386,723	54,256
Casual mobile gaming (exclusive of depreciation and amortization)	4	593,894	—	—	—
Research and development expenses	865,585	162,888	—	—	—
Selling and marketing expenses	287,239	226,745	234,813	294,417	259,892
General and administrative expenses	13	8	11	13	16
Depreciation and amortization	2	1	—	3	4
Impairment of goodwill	10	—	—	—	—
Impairment of software licenses	357,826	—	—	—	—
Total Costs and Expenses	32	14	18	21	35
Loss From Operations	−23	−7	−12	−16	−32
Other income, net	6,356	47,632	942,311	712,640	—
Loss on escrow settlement	−3	—	—	—	—
Realized gain on investment in money market fund	207,711	—	—	—	—
Unrealized loss on investment in marketable securities	−536,116	—	—	—	—
Loss on foreign currency transactions, net	−28,725	−948	—	—	—
Interest income, net	4	3	—	—	—
Total Other Income (Expense)	304,212	3	—	712,640	−14
Pre-Tax Loss	−23	−4	—	—	—
Income tax benefit	425,417	—	—	—	—
Net Loss	−23	−4	−11	—	—
Less: net loss attributable to non-controlling interest	−6	−159,900	—	—	—
Net Loss Attributable to Common Stockholders	−17	−3	−11	63	−45
Basic (in Dollars per share)	−0.42	−0.09	−0.28	—	—
Diluted (in Dollars per share)	−0.42	−0.09	−0.28	—	—
Basic (in Shares)	40	37	39	39	29
Diluted (in Shares)	40	37	39	39	29

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Cash and cash equivalents	59	16	11	93	424,223
Short-term investments	9	57	70	—	—
Marketable securities	3	—	—	—	—
Interest receivable	709,539	792,223	677,397	—	—
Accounts receivable	708,804	529,369	72,739	389,040	271,142
Loans receivable	18	—	—	—	—
Deposits, current portion	4	4	—	—	—
Prepaid expenses and other current assets	471,361	498,886	459,274	984,777	909,766
Total Current Assets	95	78	82	94	47
Restricted cash	—	5	5	—	—
Property and equipment, net	3	4	4	6	9
Digital assets	49,300	49,300	—	—	—
Intangible assets, net	5	6	22,836	26,827	30,818
Deposits, non-current portion	389,334	392,668	379,105	—	—
Operating lease right-of-use asset	4	5	6	—	—
Goodwill	3	13	—	—	—
Total Assets	113	112	98	106	62
Accounts payable	1	371,830	317,561	341,161	901,353
Accrued expenses and other current liabilities	1	763,512	2	3	2
Deferred revenue	656,382	103,748	—	—	—
Operating lease liability, current portion	2	1	1	—	—
Loans payable	26	9	—	—	539,055
Total Current Liabilities	30	12	3	5	26
Operating lease liability, non-current portion	4	6	7	—	—
Deferred tax liability	670,743	1	—	—	—
Total Liabilities	35	19	10	7	28
Commitments and Contingencies (Note 14)	—	—	—	—	—
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, Series A Preferred stock, $0.0001 par value, 50,000 shares designated, none issued and outstanding	—	—	—	—	—
Common stock, $0.0001 par value; 100,000,000 shares authorized, 46,385,798 and 39,085,470 shares issued at December 31, 2024 and 2023, and 44,105,500 and 36,805,686 shares outstanding at December 31, 2024 and 2023, respectively	4,639	3,909	3,909	3,912	3,851
Additional paid in capital	206	199	199	198	195
Accumulated deficit	−130	−114	−110	−99	−162
Accumulated other comprehensive income	180,002	433,565	219,675	269,606	190,966
Treasury stock, at cost, 2,280,298 and 2,279,784 shares at December 31, 2024 and 2023, respectively	−3	−3	−610,562	—	—
Total Allied Gaming & Entertainment Inc. Stockholders Equity	73	83	88	99	33
Non-controlling interest	5	11	—	—	—
Total Stockholders Equity	78	93	88	99	—
Total Liabilities and Stockholders Equity	113	112	98	106	62

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31
Stock-based compensation	1	150,518	791,309	—	—
Non-cash operating lease expense	1	988,506	868,210	—	1
Net gains on sale of equipment	—	−8,388	33,583	—	—
Expenses paid using digital assets	—	461	—	—	—
Change in fair value of warrant liabilities	−100	—	−3,100	—	—
Gains on transactions denominated in foreign currency	−1	—	—	—	—
Impairment of software licenses	357,826	—	—	—	—
Deferred tax benefit	−425,417	—	—	—	—
Accounts receivable	−180,489	−147,587	315,708	−118,710	361,927
Interest receivable	82,693	−114,826	−677,397	—	—
Prepaid expenses and other current assets	27,228	−7,312	519,463	−83,875	185,668
Deposit	—	−4	—	—	—
Accounts payable	737,594	−39,285	−22,356	−556,783	687,625
Accrued expenses and other current liabilities	429,272	−1	−3	1	667,263
Operating lease liability	−2	−1	−1	—	—
Deferred revenue	552,634	−797,715	−33,397	84,807	−36,220
Total Adjustments	13	−5	−110,589	−73	40
Net Cash Used In Operating Activities	−10	−8	−11	−10	−5
Land deposit	−2	—	—	—	—
Proceeds from maturing of short-term investments	128	80	—	—	—
Purchases of short-term investments	−80	−67	−70	—	—
Payment for investment in marketable securities	−5	—	—	—	—
Proceeds from sale of marketable securities	781,025	—	—	—	—
Loans receivable	−19	—	—	—	—
Proceeds from repayment of short-term loan	1	—	—	—	—
Proceeds from sale of equipment	—	106,914	—	—	—
Acquisition of Beijing Lianzhong Zhihe Technology Co., net of cash acquired	—	−6	—	—	—
Purchases of intangible assets	−53,020	−668,880	—	—	−750
Purchases of property and equipment	−82,951	−378,060	−44,386	−191,668	−355,769
Net Cash Provided By Investing Activities	24	6	−70	106	−6
Repurchases of common stock	−422	−2	−610,562	—	—
Proceeds from issuance of common stock in securities purchase agreement	7	—	—	—	—
Issuance costs associated with common stock issuance	−247,732	—	—	—	—
Proceeds from issuance of common stock in share purchase agreement	2	—	—	—	7
Return of proceeds upon cancellation of common stock previously issued pursuant to a share purchase agreement	−2	—	—	—	—
Proceeds from short-term loans	26	9	—	—	—
Repayment of short-term loans	−8	—	—	—	—
Net Cash Provided By Financing Activities	24	7	−610,562	−3	9
Effect of Exchange Rate Changes on Cash	−46,265	16,789	—	—	—
Net Increase In Cash, Cash Equivalents, And Restricted Cash	38	5	−82	92	−2
ROU asset for lease liability	85,095	289,886	7	—	—
Shares withheld for accrued employee payroll tax liability	179,342	—	—	—	—
Property and equipment received as deferred revenue	—	793,035	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro