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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Revenues $ 1,223,142 $ 2,138,466 $ 6,553,918 $ 6,851,525
Cost of revenues [1] 602,856 949,139 3,472,819 2,637,250
Gross profit 620,286 1,189,327 3,081,099 4,214,275
Operating expenses:        
Sales and marketing [2] 1,440,659 1,348,773 4,669,328 3,077,213
Development [3] 2,631,066 3,015,233 7,717,046 6,083,773
General and administrative [4] 4,008,335 3,130,944 10,781,098 22,612,162
Impairment of goodwill 4,788,268
Impairment of intangible assets 4,640,102
Depreciation and amortization 92,703 81,874 326,499 179,097
Total operating expenses 8,172,763 7,576,824 32,922,341 31,952,245
Loss from operations (7,552,477) (6,387,497) (29,841,242) (27,737,970)
Interest expense [5] (244,953) (160,310) (638,211) (311,748)
Gain attributable to equity method investment 1,370,837
Other expense, net (739,285) (110,822) (1,511,978) (26,115)
Net loss (8,536,715) (6,658,629) (31,991,431) (26,704,996)
Less: Net loss attributable to non-controlling interest (21,431) (99,114) (933,234) (553,413)
Net loss attributable to Motorsport Games Inc. $ (8,515,284) $ (6,559,515) $ (31,058,197) $ (26,151,583)
Net loss attributable to Class A common stock per share:        
Basic and diluted $ (7.29) $ (5.64) $ (26.61) $ (23.17)
Weighted-average shares of Class A common stock outstanding:        
Basic and diluted 1,167,359 1,163,590 1,167,178 1,128,576
[1] Includes related party costs of $0 and $0 for the three months ended September 30, 2022 and 2021, respectively, and $6,228 and $0 for the nine months ended September 30, 2022 and 2021, respectively.
[2] Includes related party expenses of $0 and $71,865 for the three months ended September 30, 2022 and 2021, respectively, and $0 and $71,865 for the nine months ended September 30, 2022 and 2021, respectively.
[3] Includes related party expenses of $21,512 and $3,132 for the three months ended September 30, 2022 and 2021, respectively, and $44,942 and $14,591 for the nine months ended September 30, 2022 and 2021, respectively.
[4] Includes related party expenses of $122,714 and $22,853 for the three months ended September 30, 2022 and 2021, respectively, and $221,051 and $1,593,371 for the nine months ended September 30, 2022 and 2021, respectively.
[5] Includes related party expenses of $0 and $0 for the three months ended September 30, 2022 and 2021, respectively. Includes related party costs of $0 and $105,845 for the nine months ended September 30, 2022 and 2021, respectively.