Sign in

AIFA on Nasdaq

All In FutureTech Alliance, Inc.

Global experiential entertainment company focused on connecting audiences through1

In its 2026 annual report the company says: “The Company operates a diversified platform spanning esports and live entertainment venues, mobile gaming, original content production, experiential events, and strategic investments in future technology, digital infrastructure, and education-related initiatives. The Company also operates the Allied Esports Omen Truck, a mobile gaming and activation arena, and an original content production studio focused on proprietary programming, brand activations, livestream productions, and community engagement initiatives.”3 It is headquartered in New York, New York.1 Its shares trade on Nasdaq under the symbol AIFA.1

Price unavailable

Last updated Oct 21, 2026.

Overview

Compare with BUUU Group Ltd, Flash Sports & Media Holdings, Inc. or Venu Holding Corp, or pick any stock.

  • TickerAIFA on Nasdaq1
  • IndustryServices-Amusement & Recreation Services1
  • HeadquartersNew York, New York1
  • Incorporated inDE2
  • Business address745 Fifth Avenue, Suite 500, New York, Ny 101512
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

Allied is a global experiential entertainment company focused on connecting audiences through gaming, live events, digital content, immersive experiences, and emerging technology-driven entertainment ecosystems. The Company operates a diversified platform spanning esports and live entertainment venues, mobile gaming, original content production, experiential events, and strategic investments in future technology, digital infrastructure, and education-related initiatives.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-489.7%Operating margin4
-411.1%Net margin4
-12.2%Revenue growth, 20254
-94.3%Return on equity4
-$9.9MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Inperson brought in 62% of the revenue All In FutureTech Alliance, Inc. broke down this way in fiscal 2025.

  1. Inperson$4.9M462%up 6% from 2024
  2. Casual Mobile Gaming$3.0M438%down 31% from 2024
  3. Multiplatform Content$20440%down 39% from 2024
Products and services by year
Products and services20242025
Inperson$4.7M$4.9M
Casual Mobile Gaming$4.4M$3.0M
Multiplatform Content$336$204

Business segments

Esports brought in 62% of the revenue All In FutureTech Alliance, Inc. broke down this way in fiscal 2025.

  1. Esports$4.9M462%up 6% from 2024
  2. Causal Mobile Gaming$3.0M438%down 31% from 2024
Business segments by year
Business segments20242025
Esports$4.7M$4.9M
Causal Mobile Gaming$4.4M$3.0M

Regions

United States brought in 62% of the revenue All In FutureTech Alliance, Inc. broke down this way in fiscal 2025.

  1. United States$4.9M462%up 6% from 2024
  2. China$3.0M438%down 31% from 2024
Regions by year
Regions20242025
United States$4.7M$4.9M
China$4.4M$3.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development8¢$673.1K
  • Other costs85¢$6.8M
  • Income tax7¢$536.7K

Out of $8.0M in revenue.4 The company lost money this year.

Financial statements

Revenue56784$8.0M in 2025+6% since 2019
0$2.5M$5.0M$7.5M$10.0M2019: $7.5M$7.5M20192020: $3.2M$3.2M2020−57%2021: $5.0M$5.0M2021+54%2022: $6.4M$6.4M2022+28%2023: $7.7M$7.7M2023+21%2024: $9.1M$9.1M2024+19%2025: $8.0M$8.0M2025−12%
Operating income567894-$39.1M in 2025+172% since 2019
-$40.0M-$30.0M-$20.0M-$10.0M02019: -$14.4M-$14.4M20192020: -$31.7M-$31.7M2020+121%2021: -$15.8M-$15.8M2021−50%2022: -$11.8M-$11.8M2022−25%2023: -$6.6M-$6.6M2023−44%2024: -$23.3M-$23.3M2024+253%2025: -$39.1M-$39.1M2025+68%
Net income56794-$32.8M in 2025+96% since 2019
-$50.0M0$50.0M$100.0M2019: -$16.7M-$16.7M20192020: -$45.1M-$45.1M2020+169%2021: $62.9M$62.9M20212022: -$10.8M-$10.8M20222023: -$3.4M-$3.4M2023−68%2024: -$16.8M-$16.8M2024+388%2025: -$32.8M-$32.8M2025+96%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Total Revenues$8.0M$9.1M
In-person (exclusive of depreciation and amortization)$2.8M$2.5M
Casual mobile gaming (exclusive of depreciation and amortization)$2.8M$3.9M
Research and development expenses$673.1K$865.6K
Selling and marketing expenses$222.4K$287.2K
General and administrative expenses$31.1M$13.3M
Depreciation and amortization$1.6M$1.6M
Impairment of goodwill$668.8K$9.6M
Impairment of long-lived assets$7.2M$357.8K
Total Costs and Expenses$47.0M$32.4M
Loss From Operations-$39.1M-$23.3M
Other (expense) income, net$15.9K$6.4K
Realized gain on investment in money market fund$457.5K$207.7K
Loss on escrow settlement$0-$3.0M
(Loss) on investment in marketable securities, derivative and short-term investments-$1.1M-$536.1K
(Loss) gain on foreign currency transactions, net$388.7K-$28.7K
Change in fair value of digital assets-$78.1K$0
Interest income, net$4.2M$3.7M
Total Other (Expense) Income$3.9M$304.2K
Pre-Tax Loss-$35.2M-$23.0M
Income tax benefit$536.7K$425.4K
Net Loss-$34.6M-$22.6M
Less: net loss attributable to non-controlling interest-$1.8M-$5.8M
Net Loss Attributable to Common Stockholders-$32.8M-$16.8M
Basic (in dollars per share)-$0.83-$0.42
Diluted (in dollars per share)-$0.83-$0.42
Basic (in shares)39.6M shares40.4M shares
Diluted (in shares)39.6M shares40.4M shares

Compare All In FutureTech Alliance, Inc. with another company

Corporate structure

All In FutureTech Alliance, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of All In FutureTech Alliance, Inc.

  • All In FutureTech Alliance, Inc. New York, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What All In FutureTech Alliance, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$16.2M4 Dec 31, 2025$16.2M4 Dec 31, 2024+0.5%
Accumulated depreciation$15.9M4 Dec 31, 2025$13.2M4 Dec 31, 2024+20.5%
Property and equipment, net$373.9K4 Dec 31, 2025$3.0M4 Dec 31, 2024−87.5%
Operating-lease assets (leased space)$666.5K4 Dec 31, 2025$4.4M4 Dec 31, 2024−84.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$11.8M4 Dec 31, 2025$59.2M4 Dec 31, 2024−80.0%
Marketable securities, current$1.3M4 Dec 31, 2025$3.5M4 Dec 31, 2024−61.7%
Deposits held (banks)$2.2M4 Dec 23, 2024$10.0M7 Dec 31, 2022−78.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$2.2M4 Dec 31, 2025$2.8M4 Dec 31, 2024−19.6%
Intangible assets, net (excluding goodwill)$1.9M4 Dec 31, 2025$5.1M4 Dec 31, 2024−62.7%
Finite-lived intangibles, gross$6.6M4 Dec 31, 2025$6.6M4 Dec 31, 20240%
Accumulated amortization-$1.5M4 Dec 31, 2025-$913.4K4 Dec 31, 2024−69.1%
Finite-lived intangibles, net$1.9M4 Dec 31, 2025$5.1M4 Dec 31, 2024−62.7%

Properties, in its own words

The Company’s main offices are leased and are located at 745 Fifth Avenue, Suite 500, New York, NY 10151. The Company considers this office space adequate for its current office operations. The initial term expired on July 31, 2022, and the Company has been on a month-to-month basis thereafter.

Allied operates its flagship arena, the HyperX Esports Arena Las Vegas, at the Luxor Casino on the Vegas strip, whose pyramid is one of the most visible landmarks in Las Vegas. This arena has 80 to 100 gaming stations, two bars, food service, private rooms, a production facility, and space for up to 1,000 people for events. The arena is custom-built for esports tournaments and has a broadcast-ready television studio to broadcast live events and produce content. The initial term of the Las Vegas Lease expired on May 31, 2023, and was extended for another two months through July 31, 2023. Effective August 1, 2023, the Las Vegas Lease was extended until May 31, 2028 for minimum monthly payments of $137,500 for 58 months in addition to fixed monthly tenant obligations for real estate tax of $5,000.

Item 2 of the 10-K filed May 22, 2026.3

Leadership

Who has led All In FutureTech Alliance, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Kenneth Decubellis2017
  2. Libing Wu2021
  3. Yinghua Chen2024–now

President

  1. Adam J. Pliska2019–2021
  2. Libing Wu2021
  3. Lyle Berman2021

Chief financial officer

  1. James Moe2017
  2. Kenneth Decubellis2019
  3. Anthony A. Hung2019–2021

Chief operating officer

  1. Michael Eisele2017
20202025
Board members and other officers (20)

Former names

  • Allied Gaming & Entertainment Inc.Dec 1, 2022 to May 11, 20262
  • Allied Esports Entertainment, Inc.Aug 15, 2019 to Nov 23, 20222
  • Black Ridge Acquisition Corp.Jun 9, 2017 to Aug 12, 20192

Timeline

  1. Oct 14, 20268-K Executive or director change; Shareholder vote39
  2. Sep 30, 20268-K Other events40
  3. Jun 23, 20268-K Executive or director change; Regulation FD disclosure41
  4. Jun 15, 20268-K Bylaws or fiscal year changed42
  5. Jun 5, 20268-K Shareholder vote; Other events43
  6. May 26, 20268-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure44
  7. May 22, 20268-K Listing notice or transfer; Regulation FD disclosure45
  8. May 20, 20268-K Bylaws or fiscal year changed; Other events46
  9. May 11, 20268-K Listing notice or transfer; Bylaws or fiscal year changed; Regulation FD disclosure47
  10. May 4, 20268-K Entered a material agreement; Unregistered sale of shares; Executive or director change48
  11. Apr 21, 20268-K Entered a material agreement; Executive or director change; Other events49
  12. Apr 21, 20268-K Listing notice or transfer; Regulation FD disclosure50
  13. Feb 26, 2024New chief executive Yinghua Chen becomes CEO12
  14. Jul 14, 2021New chief executive Libing Wu becomes CEO13
  15. Oct 4, 2017New chief executive Kenneth Decubellis becomes CEO14

Calendar

Coming up

  1. Nov 18, 2026Reports results for the quarter ending Sep/202651

When it reported results

  1. Nov 20, 2025Reported quarterly or annual results52
  2. Aug 14, 2025Reported quarterly or annual results53
  3. Nov 14, 2024Reported quarterly or annual results54
  4. Aug 19, 2024Reported quarterly or annual results55
  5. May 20, 2024Reported quarterly or annual results56
  6. Mar 27, 2024Reported quarterly or annual results57
  7. Aug 10, 2023Reported quarterly or annual results58
  8. May 11, 2023Reported quarterly or annual results59

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

244 filings to the SEC since October 2021: 8 annual reports, 15 quarterly reports, 74 major events, 50 insider forms, 31 large holders, 66 other. The latest 20:

  1. Oct 14, 20268-K CURRENT REPORT EDGAR
  2. Sep 30, 20268-K CURRENT REPORT EDGAR
  3. Sep 14, 2026ARS EDGAR
  4. Sep 14, 2026DEF 14A PROXY STATEMENT EDGAR
  5. Aug 19, 2026PRE 14A PROXY STATEMENT EDGAR
  6. Aug 14, 202610-Q QUARTERLY REPORT EDGAR
  7. Jun 23, 20268-K CURRENT REPORT EDGAR
  8. Jun 15, 202610-Q QUARTERLY REPORT EDGAR
  9. Jun 15, 20268-K EDGAR
  10. Jun 5, 20268-K EDGAR
  11. May 26, 2026DEFA14A CURRENT REPORT EDGAR
  12. May 26, 20268-K CURRENT REPORT EDGAR
  13. May 22, 20268-K CURRENT REPORT EDGAR
  14. May 22, 202610-K EDGAR
  15. May 21, 2026DEFR14A PROXY STATEMENT EDGAR
  16. May 21, 2026DEF 14A PROXY STATEMENT EDGAR
  17. May 20, 20268-K CURRENT REPORT EDGAR
  18. May 11, 20268-K CURRENT REPORT EDGAR
  19. May 11, 2026PRE 14A PROXY STATEMENT EDGAR
  20. May 4, 20268-K EDGAR

The 244 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

45 open-market trades by officers, directors and large owners since October 2021: 43 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 10, 2024Choi Roy10% ownerBuy68,331$1.49$101.8KForm 4
Jul 9, 2024Choi Roy10% ownerBuy140,000$1.47$205.8KForm 4
Jul 3, 2024Knighted Pastures LLC10% ownerBuy45,000$1.26$56.7KForm 4
Jul 2, 2024Knighted Pastures LLC10% ownerBuy235,000$1.27$298.4KForm 4
Jul 1, 2024Knighted Pastures LLC10% ownerBuy80,000$1.27$101.6KForm 4
Jun 28, 2024Choi Roy10% ownerBuy49,990$1.27$63.5KForm 4
Jun 27, 2024Choi Roy10% ownerBuy258,010$1.27$327.7KForm 4
Jun 26, 2024Choi Roy10% ownerBuy300,000$1.29$387.0KForm 4
Feb 1, 2024Choi Roy10% ownerBuy110,000$1.28$140.8KForm 4
Feb 1, 2024Knighted Pastures LLC10% ownerBuy110,000$1.28$140.8KForm 4
Jan 31, 2024Choi Roy10% ownerBuy159,665$1.26$201.2KForm 4
Jan 31, 2024Knighted Pastures LLC10% ownerBuy159,665$1.26$201.2KForm 4
Jan 23, 2024Choi Roy10% ownerBuy100,000$1.32$132.0KForm 4
Jan 22, 2024Choi Roy10% ownerBuy21,300$1.13$24.1KForm 4
Jan 19, 2024Choi Roy10% ownerBuy153,869$1.10$169.3KForm 4
Jan 18, 2024Choi Roy10% ownerBuy28,876$0.98$28.3KForm 4
Dec 19, 2023Choi Roy10% ownerBuy153,532$1.43$219.6KForm 4
Dec 18, 2023Choi Roy10% ownerBuy10,002$1.35$13.5KForm 4
Dec 15, 2023Choi Roy10% ownerBuy1,400$1.35$1.9KForm 4
Dec 14, 2023Choi Roy10% ownerBuy71,000$1.36$96.6KForm 4

All 45 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Yangyang Li47$400.0K67
2025Roy L. Anderson67$285.0K67
2025Yinghua Chen$255.0K67
2024Chief Financial OfficerSecretary$285.0K$316.2K67
2024Former CEOPresident, Former Chairman of the Board$266.7K$307.9K67

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Vanguard Capital Management LLC68,797$153.4K0.0%New
BlackRock, Inc.64,243$143.3K0.0%New
Geode Capital Management, LLC35,383$78.9K0.0%New
Renaissance Technologies LLC27,453$61.2K0.0%New
Jane Street Group, LLC24,901$55.5K0.0%New
Vanguard Fiduciary Trust Co10,971$24.5K0.0%New
UBS Group AG8,094$18.1K0.0%New
EverSource Wealth Advisors, LLC210$4680.0%New
Wells Fargo & Company/mn150$3350.0%New
CoreCap Advisors, LLC33$740.0%New
Danske Bank A/s2$40.0%New
Morgan Stanley2$40.0%New
Larson Financial Group LLC2$40.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How All In FutureTech Alliance, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAll In FutureTech Alliance, Inc.1
  • CIK0001708341
  • Employer ID (EIN)82-16594273
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
  • Incorporated inDelaware3
  • Fiscal year endsDecember 311
  • Industry code (SIC)7900 Services-Amusement & Recreation Services1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address745 Fifth Avenue, Suite 500, New York, NY 101511
  • Phone(646) 768-42401
  • Shares outstanding6,420,316 as of Aug 4, 202611
  • Public float$38.3M as of Jun 30, 20253
  • AuditorZH CPA, LLC, Denver, Colorado PCAOB ID 6413; no auditor attestation of internal control over financial reporting3
  • On EDGAR sinceJun 9, 20171
  • Filings547 in all: 8-K (130), 4 (117), 3 (35), DEFA14A (31), 10-Q (28), SC 13D/A (21), UPLOAD (15), CORRESP (11)1
    All 52 form types

    10-K (9), SC 13G (9), 4/A (8), DEF 14A (8), NT 10-Q (8), SC 13G/A (8), 424B3 (7), EFFECT (6), PRER14A (6), S-1/A (6), SC 13D (5), 10-K/A (4), DFAN14A (4), NT 10-K (4), PRE 14A (4), PREC14A (4), S-1 (4), S-3 (4), SCHEDULE 13D/A (4), 144 (3), 25-NSE (3), DEF 14C (3), DEFM14A (3), PRE 14C (3), PREM14A (3), 424B1 (2), 5 (2), 8-A12B (2), ARS (2), DEFC14A (2), PRRN14A (2), RW (2), S-3/A (2), S-8 (2), SCHEDULE 13G/A (2), 3/A (1), 424B4 (1), 8-K/A (1), CERTNAS (1), DEFR14A (1), DRS (1), S-1MEF (1), SCHEDULE 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) May 22, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Sep 14, 2026
    Latest 8-K (8-K) Oct 14, 2026

Securities registered for trading

ClassSymbolExchange
Common StockAGAENASDAQ

From the cover page of the 10-K filed May 22, 2026 (Section 12(b) of the Exchange Act).3

Risk factors and legal proceedings

Legal proceedings

We may be subject to litigation, claims and regulatory proceedings arising in the ordinary course of business from time to time. Such matters may include, among other things, commercial, securities, employment and other claims. While the results of litigation and claims cannot be predicted with certainty, we are currently involved in the following material legal proceedings.

Knighted Pastures, LLC – Delaware Litigation

On November 12, 2024, Knighted Pastures, LLC (“Knighted”) filed a complaint captioned Knighted Pastures, LLC v. Yangyang Li, et al., C.A. No. 2024-1158-JTL in the Court of Chancery of the State of Delaware concerning the board of directors’ approval of the transaction with Blue Planet New Technology, Ltd., an affiliate of Yellow River. The complaint alleged, among other things, breaches of fiduciary duties by the Company’s board of directors.

On April 25, 2025, the board of directors approved certain resolutions, including rescinding the transaction with Blue Planet New Technologies, Ltd. and agreeing to certain governance-related undertakings. On May 22, 2025, the Court entered an order staying the case and preserving the status quo pending the outcome of the combined 2024/2025 annual meeting of stockholders held on August 4, 2025.

The opening of Item 3, Legal Proceedings.3

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
    SEC EDGAROther events
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67