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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 750,995 $ 1,675,210
Accounts receivable, net of allowances of $0 and $450,000 as of September 30, 2024 and December 31, 2023, respectively 893,893 735,839
Prepaid expenses and other current assets 712,497 1,106,848
Total Current Assets 2,357,385 3,517,897
Property and equipment, net 94,345 247,693
Operating lease right of use assets 61,990 197,307
Intangible assets, net 4,459,648 5,795,807
Total Assets 6,973,368 9,758,704
Current liabilities:    
Accounts payable 2,598,949 813,659
Accrued expenses and other current liabilities 1,228,830 1,891,315
Purchase commitments 896,647 4,656,538
Operating lease liabilities (current) 32,612 153,015
Total Current Liabilities 4,770,976 7,592,243
Operating lease liabilities (non-current) 25,859 45,659
Other non-current liabilities 5,622 31,098
Total Liabilities 4,802,457 7,669,000
Commitments and contingencies (Note 9)
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; authorized 1,000,000 and 1,000,000 shares; and none issued and outstanding as of September 30, 2024 and December 31, 2023, respectively
Additional paid-in capital 92,913,054 91,923,311
Accumulated deficit (86,340,362) (87,441,805)
Accumulated other comprehensive loss (2,480,038) (1,850,216)
Total Stockholders’ Equity Attributable to Motorsport Games Inc. 4,093,039 2,631,629
Non-controlling interest (1,922,128) (541,925)
Total Stockholders’ Equity 2,170,911 2,089,704
Total Liabilities and Stockholders’ Equity 6,973,368 9,758,704
Common Class A [Member]    
Stockholders’ Equity:    
Common stock, value 315 269
Common Class B [Member]    
Stockholders’ Equity:    
Common stock, value 70 70
Related Party [Member]    
Current liabilities:    
Due to related parties $ 13,938 $ 77,716