The future of Motorsport Games remains in doubt, now more than ever. Ahead of the company’s full year earnings call for 2023, it published its annual report SEC filing that includes all of the latest information surrounding the company. Well, almost all of it.
According to the report, Motorsport Games lost $14.3 million in 2023 with an accumulated deficit of $87 million. In addition to the money lost and deficit, the company currently has just $1.3 million cash on hand as of March 29, 2024 with a monthly burn rate of $1.1 million.
