Condensed Consolidated Balance Sheets - USD ($)	Nov. 30, 2020	May 31, 2020
Current Assets
Cash and cash equivalents	$ 543,439	$ 160,208
Accounts receivable, net	131,321	127,653
Inventory	145,186	15,787
Prepaid expenses	114,537	5,588
Total Current Assets	934,483	309,236
Other Assets
Goodwill	5,180,141	5,155,141
Intangible assets, net	1,955,559	2,141,374
Deferred brokerage fees	123,339	149,223
Property and equipment, net	606,254	232,733
Right of use asset, operating leases, net	1,320,846	490,984
Security deposits	14,885	14,885
Due from franchisees'	45,516
Deferred financing costs	235,759	98,198
Total Other Assets	9,482,299	8,282,538
TOTAL ASSETS	10,416,782	8,591,774
Current Liabilities
Accounts payable	237,311	126,716
Accrued expenses	932,547	1,421,842
Convertible note payable	1,000,000	1,000,000
Notes payable, net of discount	1,100,129	127,320
Note payable - related party		64,728
Operating lease obligation, current	281,088	151,867
Current portion of deferred revenues	3,795	3,795
Stock payable	50,000	75,000
Total Current Liabilities	3,604,870	2,971,268
Operating lease obligation, net of current portion	1,042,256	339,116
Deferred revenues, less current portion	302,439	365,718
Total Liabilities	4,949,565	3,676,102
Commitments and Contingencies - Note 6
Stockholders' Equity
Preferred stock - $0.0001 par value, 1,000,000 shares authorized; no shares issued and outstanding
Common stock - $0.0001 par value; 36,000,000 shares authorized; 1,217,376 and 998,622 shares issued and outstanding as of November 30, 2020 and May 31, 2020, respectively	122	100
Additional paid-in capital	13,128,420	11,132,103
Accumulated deficit	(7,855,418)	(6,195,044)
Total Simplicity Esports and Gaming Company Stockholders' Equity	5,273,124	4,937,159
Non-Controlling Interest	194,093	(21,487)
Total Stockholders' Equity	5,467,217	4,915,672
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 10,416,782	$ 8,591,774