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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 3,217,342 $ 17,819,640
Accounts receivable, net of allowances of $3,596,634 and $4,563,884 at September 30, 2022 and December 31, 2021, respectively 595,292 5,490,272
Due from related parties 116,270 137,574
Prepaid expenses and other current assets 2,257,708 1,175,354
Total Current Assets 6,186,612 24,622,840
Property and equipment, net 670,795 727,089
Operating lease right of use assets 469,640
Goodwill 4,867,465
Intangible assets, net 13,428,305 20,485,809
Total Assets 20,755,352 50,703,203
Current liabilities:    
Accounts payable 1,013,442 1,784,645
Accrued expenses and other liabilities 3,548,934 3,524,271
Due to related parties 3,122,571 119,015
Purchase commitments 2,508,220 3,170,319
Operating lease liabilities (current) 196,077
Total Current Liabilities 10,389,244 8,598,250
Operating lease liabilities (non-current) 269,154
Other non-current liabilities 3,148,097 4,122,950
Total Liabilities 13,806,495 12,721,200
Commitments and contingencies (Note 11)
Stockholders’ Equity:    
Preferred stock, $0.0001 par value per share; authorized 1,000,000 shares; none issued and outstanding as of September 30, 2022 and December 31, 2021, respectively
Additional paid-in capital 76,473,168 75,652,853
Accumulated deficit (69,046,523) (37,988,326)
Accumulated other comprehensive loss (709,414) (945,375)
Total Stockholders’ Equity Attributable to Motorsport Games Inc. 6,717,417 36,719,338
Non-controlling interest 231,440 1,262,665
Total Stockholders’ Equity 6,948,857 37,982,003
Total Liabilities and Stockholders’ Equity 20,755,352 50,703,203
Common Class A [Member]    
Stockholders’ Equity:    
Common stock value 116 116
Common Class B [Member]    
Stockholders’ Equity:    
Common stock value $ 70 $ 70