Brag House Holdings, Inc.

Listed Company

TBHCIK 0001903595NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthFinance ServicesDelawareFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$-15.89M

Total Assets

$14.79M

Equity

$3.43M

Shares Out

23.50M

Op. Cash Flow

$-6.63M

Business

Brag House Holdings, Inc. operates an online amateur esports platform that organizes and hosts competitive gaming tournaments and related community activities. It offers the Brag House Platform, online gaming services, amateur tournaments and competitions, content development and advertising-based monetization, and licensing arrangements with game publishers. Its operations are organized around its online platform services, tournament and content offerings, and strategic partnerships with third parties, advertisers and game publishers. The company distributes services primarily online via servers, mobile devices, mass media channels and third-party networks.

Summary from filing dated 2025-05-07

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Total Revenues	—	105	366,438
Cost of Sales	—	464	34,835
Total Cost of Sales	—	464	34,835
Gross Profit (Loss)	—	−359	331,603
Advertising and Marketing	641,919	172,989	311,364
Legal and Professional	2	490,528	321,506
Selling, General and Administrative	3	608,904	1
Software Expense	639,334	18,089	—
Software Development	23,591	21,034	24,074
Stock-Based Compensation	963,534	179,766	556,222
Total Operating Expenses	8	1	2
Interest Expense and Amortization of Debt Discount	1	2	—
Other Income	−210,726	−384,047	—
Interest Income	−92,838	—	—
Other Expenses	74,416	—	—
Other Expense - Stock-Based Compensation Liability	133,331	—	—
Foreign Currency (Gain) Loss	−441	1,775	—
Net Unrealized Loss on Equity Securities	3	—	—
Change in Fair Value of Warrants and Convertible Debt	4	—	—
Total Other (Income) Expense, Net	8	2	3
Loss Before Income Taxes	−16	−3	−5
Provision for Income Taxes	—	—	—
Net Loss	−16	−3	−5
Total Comprehensive Loss	−16	−3	−5
Net Loss per Common Share - Basic (in Dollars per share)	−1.31	−0.58	−0.84
Net Loss per Common Share - Diluted (in Dollars per share)	−1.31	−0.58	−0.84
Weighted Average Shares Outstanding - Basic (in Shares)	12	6	6
Weighted Average Shares Outstanding - Diluted (in Shares)	12	6	6

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31
Cash and Cash Equivalents	222,572	29,228	33,889	—
Other Receivable	—	34,667	34,667	—
Prepaid Expenses	203,389	—	—	—
Notes Receivable - Related Party	9	—	—	—
Accrued Interest Receivable - Related Party	92,838	—	—	—
Advances to Related Party	3	—	—	—
Other Current Assets	25,500	18,332	30,560	—
Total Current Assets	13	82,227	99,116	—
Deferred Offering Costs	1	1	610,835	—
Prepaid Expenses - Long-Term	—	125	—	—
Investment in Equity Securities	1	—	—	—
Total Other Assets	2	1	619,474	—
Total Assets	15	1	718,590	—
Accounts Payable	1	2	953,198	—
Due to Officer - Related Party	—	24,303	—	—
Accrued Interest	—	1	—	—
Accrued Payroll	44,249	251,043	47,310	—
Accrued Liabilities	1	193,785	645,891	—
Share Payable	1,234	32,500	251,056	—
Other Current Liabilities	98,238	95,238	238	—
Notes Payable	—	297,900	—	—
Convertible Debt - December 2024, net of discount	—	21,719	—	—
Convertible Debt, net of discount and issuance costs	—	6	5	—
Convertible Debt - Yorkville	4	—	—	—
Commitment Fee Payable	1	—	—	—
Total Current Liabilities	7	10	7	—
Warrant Liability	4	—	—	—
Total Long-Term Liabilities	4	—	—	—
Total Liabilities	11	10	7	—
Commitments and Contingencies (Note 4)	—	—	—	—
Preferred stock value	—	420	420	—
Common Stock, $0.0001 Par Value - 250,000,000 Shares Authorized, 20,951,363 and 7,033,330 Issued and Outstanding as of December 31, 2025 and 2024, respectively	2,095	14,554	14,794	—
Stock Subscription Receivable	—	−3,700	−4,276	—
Additional Paid In Capital	34	6	—	—
Accumulated Deficit	−31	−15	−11	—
Accumulated Other Comprehensive Loss	−15,179	−15,179	−15,179	—
Total Stockholders Equity (Deficit)	3	−8	−6	−2
Total Liabilities and Stockholders Equity (Deficit)	15	1	718,590	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31
Accrued Interest	—	826,225	298,979
Share Payable	—	132,849	—
Amortization of Debt Discount	100,781	50,629	462,170
Loan Extension Fees	—	997,253	2
Deferred Offering Costs	—	−6,647	—
Interest Payment in Shares	—	280,000	—
Change in Fair Value of Stock-Based Compensation Liability - Software Expense	39,998	—	—
Issuance of Common Stock for Services - Marketing Expenses	282,682	—	—
Issuance of Common Stock for Services - Software Expenses	159,091	—	—
Issuance of Common Stock for Services - Selling, General and Administrative	70,000	—	—
Foreign Currency (Gain) Loss	−441	1,775	—
Bad Debt Expense	17,408	—	—
Impairment of Capitalized Implementation Costs - Software Expenses	389,171	—	—
Interest Expense - Original Issue Discount	385,000	—	—
Prepaid Expenses and Other Current Assets	−63,138	—	—
Other Receivable	35,480	—	−34,667
Interest Receivable - Related Party	−92,838	—	—
Other Current Assets	−25,500	12,228	−28,659
Other Assets	—	8,639	—
Accounts Payable	−608,975	489,446	451,339
Related Party Payable	−24,303	14,692	−33,952
Accrued Payroll	−206,794	203,733	−3,339
Accrued Liabilities	1	−567,106	37,506
Accrued Interest	−146,084	—	—
Share Payable	−6,266	—	—
Other Current Liabilities	3,000	95,000	—
Net Cash Flows Used In Operating Activities	−7	−570,037	−776,996
Investment in Equity Securities	−4	—	—
Advance of Notes Receivable - Related Party	−9	—	—
Advances to Related Party	−3	—	—
Net Cash Flows Used in Investing Activities	−16	—	—
Proceeds from Notes Payable	101,650	321,408	—
Repayment of Notes Payable	−399,126	−25,000	—
Cash paid for the settlement of the Stock-Based Compensation Liability	−250,000	—	—
Proceeds from OID Convertible Loans, net	—	168,968	—
Repayment of Convertible Debt - December 2024, net	−227,500	—	—
Proceeds from Convertible Debt - December 2024, net	105,000	—	252,506
Proceeds from the sale of Common Stock in IPO	7	—	—
Proceeds from the sale of Common Stock	—	100,000	—
Offering Costs Paid and Netted with IPO Proceeds	−1	—	—
Offering Costs Paid	−761,422	—	—
Offering Costs Paid and Netted with PIPE Proceeds	−1	—	—
Proceeds from the sale of Series B Convertible Preferred Stock and Warrants	15	—	—
Proceeds from the Collection of Subscription Receivable	713	—	—
Proceeds from the Exercise of Warrants	2	—	—
Proceeds from Convertible Debt - Yorkville Facility	3	—	—
Net Cash Flows from Financing Activities	23	565,376	250,506
Net change in cash	193,344	−4,661	−526,490
Cash paid for Interest	532,943	25,000	—
Conversion of Convertible Debt and Accrued Interest	7	—	—
Deferred Offering Costs	—	608,341	610,835
Issuance of Shares Payable	—	351,405	—
Other Assets Paid for with Shares	—	125	—
Issuance of Underwriter Warrants included as Offering Costs	130,980	—	—
Change in Stock-Based Compensation Liability Capitalized to Implementation Costs	76,671	—	—
Prepaid Expenses Reclassified to Issuance of Common Stock for Services - Software Expense	62	—	—
Prepaid Expenses Reclassified to Capitalized Implementation Costs	63	—	—
Issuance of Common Stock for Capitalized Implementation Costs	312,437	—	—
Deferred Offering Costs at December 31, 2024 Reclassified to Offering Costs	1	—	—
Other Current Assets Reclassified to Other Receivables	18,081	—	—
Other Current Assets Reclassified to Prepaid Expenses	250	—	—
Write Off of Deferred Offering Costs Accrued at December 31, 2024	115,000	—	—
Conversion of Series A Preferred Stock to Common Stock	420	—	—
Prepaid Expenses Recognized by Issuance of Common Stock	140,000	—	—
Issuance of Shares Payable - Subscription	25,000	—	—
Issuance of Placement Agent and Settlement Warrants included as Offering Costs	1	—	—
Issuance of Common Stock for Services Included in Offering Costs - PIPE	478,200	—	—
Deferred Commitment Fee Payable	1	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro