Sports
Brag House First Earnings Show $3.5M Cash, Major NCAA Partnership
Brag House (NASDAQ: TBH), a Gen Z engagement platform focused on gaming, college sports, and digital media, has filed its first quarterly report since going public in March 2025. The Q1 2025 report highlights significant financial improvements, including $3.5 million in cash and the elimination of $6.6 million in convertible debt.
The company has transformed its balance sheet from an $8.5 million deficit to a $1.6 million surplus in stockholders’ equity. A strategic partnership with Learfield Communications provides access to over 200 NCAA collegiate properties. Zacks Small-Cap Research initiated coverage with a $4.40 price target, highlighting the company’s potential in the $6.7 billion Gen Z market.
Brag House (NASDAQ: TBH), una piattaforma rivolta alla Generazione Z focalizzata su gaming, sport universitari e media digitali, ha presentato il suo primo rapporto trimestrale da quando è diventata pubblica nel marzo 2025. Il rapporto del primo trimestre 2025 evidenzia importanti miglioramenti finanziari, tra cui 3,5 milioni di dollari in liquidità e l’eliminazione di 6,6 milioni di dollari di debito convertibile.
L’azienda ha trasformato il proprio bilancio da un deficit di 8,5 milioni di dollari a un surplus di 1,6 milioni di dollari nel patrimonio netto degli azionisti. Una partnership strategica con Learfield Communications garantisce l’accesso a oltre 200 proprietà universitarie NCAA. Zacks Small-Cap Research ha avviato la copertura con un target di prezzo di 4,40 dollari, sottolineando il potenziale dell’azienda nel mercato della Generazione Z da 6,7 miliardi di dollari.
Brag House (NASDAQ: TBH), una plataforma de compromiso para la Generación Z centrada en juegos, deportes universitarios y medios digitales, ha presentado su primer informe trimestral desde que salió a bolsa en marzo de 2025. El informe del primer trimestre de 2025 destaca mejoras financieras significativas, incluyendo 3,5 millones de dólares en efectivo y la eliminación de 6,6 millones de dólares en deuda convertible.
La compañía ha transformado su balance de un déficit de 8,5 millones de dólares a un superávit de 1,6 millones de dólares en el patrimonio de los accionistas. Una alianza estratégica con Learfield Communications ofrece acceso a más de 200 propiedades universitarias de la NCAA. Zacks Small-Cap Research inició cobertura con un precio objetivo de 4,40 dólares, destacando el potencial de la empresa en el mercado de la Generación Z de 6,7 mil millones de dólares.
Brag House (NASDAQ: TBH)는 게임, 대학 스포츠 및 디지털 미디어에 중점을 둔 Z세대 참여 플랫폼으로, 2025년 3월 상장 이후 첫 분기 보고서를 제출했습니다. 2025년 1분기 보고서는 350만 달러의 현금과 660만 달러의 전환 사채 상환 등 재무 상태의 큰 개선을 강조합니다.
회사는 주주 자본에서 850만 달러 적자에서 160만 달러 흑자로 재무구조를 전환했습니다. Learfield Communications와의 전략적 파트너십을 통해 200개 이상의 NCAA 대학 자산에 접근할 수 있습니다. Zacks Small-Cap Research는 4.40달러 목표 주가로 커버리지를 시작하며, 67억 달러 규모의 Z세대 시장에서 회사의 잠재력을 강조했습니다.
Brag House (NASDAQ : TBH), une plateforme d’engagement pour la génération Z axée sur le gaming, les sports universitaires et les médias numériques, a déposé son premier rapport trimestriel depuis son introduction en bourse en mars 2025. Le rapport du premier trimestre 2025 met en lumière des améliorations financières significatives, notamment 3,5 millions de dollars en liquidités et l’élimination de 6,6 millions de dollars de dette convertible.
L’entreprise a transformé son bilan, passant d’un déficit de 8,5 millions de dollars à un excédent de 1,6 million de dollars en capitaux propres. Un partenariat stratégique avec Learfield Communications offre un accès à plus de 200 propriétés universitaires NCAA. Zacks Small-Cap Research a initié la couverture avec un objectif de cours de 4,40 dollars, soulignant le potentiel de la société sur le marché de la génération Z de 6,7 milliards de dollars.
Brag House (NASDAQ: TBH), eine auf die Generation Z ausgerichtete Engagement-Plattform mit Fokus auf Gaming, College-Sport und digitale Medien, hat ihren ersten Quartalsbericht seit dem Börsengang im März 2025 veröffentlicht. Der Bericht für das erste Quartal 2025 hebt bedeutende finanzielle Verbesserungen hervor, darunter 3,5 Millionen US-Dollar in bar und die Tilgung von 6,6 Millionen US-Dollar an wandelbaren Schulden.
Das Unternehmen hat seine Bilanz von einem 8,5 Millionen US-Dollar Defizit auf einen Überschuss von 1,6 Millionen US-Dollar im Eigenkapital umgewandelt. Eine strategische Partnerschaft mit Learfield Communications ermöglicht den Zugang zu über 200 NCAA-College-Einrichtungen. Zacks Small-Cap Research hat die Berichterstattung mit einem Kursziel von 4,40 US-Dollar aufgenommen und hebt das Potenzial des Unternehmens im 6,7 Milliarden US-Dollar großen Generation Z Markt hervor.
Positive
- Successful IPO strengthened balance sheet with $3.5 million cash position
- Elimination of $6.6 million in convertible debt through equity conversion
- Strategic partnership with Learfield provides access to 200+ NCAA properties
- Zacks initiates coverage with $4.40 target price, representing 6x current value
- Transformation from $8.5M deficit to $1.6M surplus in stockholders’ equity
Negative
- No revenue metrics or growth data provided in the highlights
- Still in early stages of monetization with primary initiatives planned for future
Insights
Brag House’s first post-IPO report shows significantly improved financial position, but upcoming execution on Learfield partnership will be crucial for revenue growth.
Brag House’s first quarterly filing since going public reveals a substantial financial transformation. The company has successfully converted its $6.6 million convertible debt into equity, eliminating a significant liability burden. Combined with $3.5 million in cash from IPO proceeds, Brag House has shifted from an $8.5 million deficit to a $1.6 million surplus in stockholders’ equity – a dramatic balance sheet improvement.
The strategic partnership with Learfield Communications represents a potentially powerful distribution channel into the collegiate market. Access to over 200 NCAA properties provides Brag House with immediate scale potential for its Gen Z engagement platform. The timing aligns perfectly with the upcoming fall college football season, typically the highest engagement period for college sports.
However, investors should note this filing covers Q1 (ending March 31), meaning the financial benefits from the Learfield partnership and fall activations are still forthcoming rather than reflected in current numbers. The Zacks $4.40 valuation target suggests significant upside potential from current pricing, but hinges on Brag House successfully monetizing its platform through its multi-layered revenue model.
This quarter primarily demonstrates financial restructuring success rather than operational scale. The company has built a stronger foundation with improved capital structure, but now faces the critical task of executing on its platform expansion to justify its $6.7 billion TAM opportunity in the Gen Z market. The upcoming fall college football season will likely be the first meaningful test of the company’s ability to generate revenue at scale.
Company Emerges from IPO with
NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the Gen Z engagement platform operating at the intersection of gaming, college sports, and digital media, today announced the filing of its Form 10-Q for the quarter ended March 31, 2025. This is the Company’s first quarterly report since becoming a publicly listed company in March.
The filing reflects significant balance sheet improvements following the Company’s initial public offering, as well as strategic positioning ahead of key growth initiatives scheduled for later this year.
Key Highlights from the Q1 2025 Filing:
- Strengthened Capital Position: As of March 31, 2025, the Company held
$3.5 million in cash, bolstered by net proceeds from its IPO. - Convertible Debt Eliminated: All
$6.6 million of convertible debt including accrued interest was eliminated through equity conversion, significantly strengthening the Company’s financial foundation. - Balance Sheet Turnaround: Brag House moved from a
$8.5 million deficit to a$1.6 million surplus in stockholders’ equity during the quarter, reflecting strong investor confidence as evidenced by the Company’s IPO and the full exercise of the Overallotment option.
“This quarter validates the strategy we set in motion leading up to our IPO,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “We’ve entered the public markets with a strong balance sheet and a clear plan for scaling revenue, data capabilities, and brand partnerships.”
Strategic Partnership with Learfield Fuels Fall Activation
In Q1, the Company secured a strategic partnership with Learfield Communications, the media and technology powerhouse in college athletics. Through this agreement, Brag House gains access to more than 200 NCAA collegiate properties, including premier football programs and student communities.
Following several successful beta activations, including the inaugural Brag Gators Gauntlet at the University of Florida on May 17, 2025, Brag House is now preparing to launch the Brag Gators series this fall, aligned with the college football season.
This partnership underpins the Company’s multi-layered revenue model and supports its evolution into a data-driven platform that delivers anonymized Gen Z behavioral insights to brand partners seeking to lower customer acquisition costs and optimize campaign engagement.
Zacks Valuation Signals Upside Potential
On July 9, 2025, Zacks Small-Cap Research initiated coverage on Brag House with a
“We are honored to be recognized by Zacks for the strategic and structural foundation we’ve built,” added Malloy. “Like Zacks, we believe Brag House is uniquely positioned to scale into a
About Brag House
Brag House is a leading media technology platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By merging gaming, social interaction, and collegiate culture, Brag House enables brands to authentically connect with the influential Gen Z demographic through gamified experiences, live-streaming content, and scalable data insights. For more information, visit www.braghouse.com.
Media Contact
Fatema Bhabrawala
Director of Media Relations
fbhabrawala@allianceadvisors.com
Investor Relations Contact
Adele Carey
VP, Investor Relations
ir@thebraghouse.com
FAQ
What are the key financial improvements in Brag House’s (TBH) Q1 2025 report?
Brag House reported $3.5 million in cash, eliminated $6.6 million in convertible debt, and transformed from an $8.5 million deficit to a $1.6 million surplus in stockholders’ equity.
What is Brag House’s (TBH) partnership with Learfield and its significance?
The partnership gives Brag House access to over 200 NCAA collegiate properties, enabling expansion of their platform during college football season and supporting their multi-layered revenue model.
What is Zacks’ price target for Brag House (TBH) stock?
Zacks Small-Cap Research initiated coverage with a $4.40 price target, approximately 6x the stock’s closing price as of July 21, 2025.
What is Brag House’s (TBH) target market size?
Brag House is targeting a $6.7 billion Total Addressable Market focused on Gen Z engagement across gaming, college sports, and digital media.
When did Brag House (TBH) become a public company?
Brag House became a publicly listed company in March 2025, with this being their first quarterly report as a public company.
Sports
Owens, Zukley Sweep United East Women’s Track & Field Athlete Of The Week Awards

LATHAM, N.Y. – Juniors Savannah Owens (Frederick, Md./Gov. Thomas Johnson) and Jillian Zukley (Severna Park, Md./Severna Park) of the St. Mary’s College of Maryland women’s indoor track & field team claimed the United East Conference Women’s Indoor Track and Field Athlete of the Week awards as released by the league office Tuesday (Dec. 9).
Owens was named the United East Track Athlete of the Week for the first time in her career while Zukley garnered United East Field Athlete of the Week honors for the fifth time during her indoor career.
St. Mary’s College opened the 2025-26 campaign at the Christopher Newport University Holiday Open on Dec. 6.
Owens broke a school record in her return following a year away from the Seahawks indoor and outdoor track & field teams. The 5-5 sprinter took second in the 600m with a program record of 1:44.22, breaking the previous school record of 1:49.93 set by teammate Avery Arizzi ’27 on Dec. 2, 2023. She also placed third in the 800m in 2:35.81 while leading off the fourth-place 4x400m.
Following her performance, Owens leads the conference in the 800m while ranking 18th in the Mid-Atlantic region.
Zukley qualified for the 2026 All-Atlantic Region Track & Field Conference (AARTFC) Championships (Mar. 6-7) in the weight throw in the first indoor meet of the season. The 6-3 thrower opened her junior campaign with a bang as she captured the shot put with 11.67m. She then came in second in the weight throw with a school record 15.11m, knocking off her own record of 13.79m set on Jan. 31, 2025, at the Marlin Invitational.
Zukley currently leads the league in both events while ranking fourth in the Mid-Atlantic region in weight throw and sixth in shot put.
2025-26 United East Conference Women’s Indoor Field Athletes of the Week
2025-26 United East Conference Women’s Indoor Track Athletes of the Week
Related
Sports
Purdue Volleyball Adds ACC All-Freshman Outside Hitter to 2026 Roster
Purdue has added a young star to its 2026 roster via the transfer portal. The Boilermakers landed a commitment from former Georgia Tech outside hitter Mimi Mambu. She comes to West Lafayette with three years of eligibility remaining.
Mambu spent her freshman season with the Yellow Jackets and was named to the ACC All-Freshman Team. She averaged 2.923 kills per set and hit .155 for the year. The 6-foot outside hitter also totaled 48 blocks and averaged 1.067 digs per set.
“What a wonderful Christmas gift to get the commitment from a smart and dynamic student-athlete,” coach Dave Shondell said in a statement. “We’re excited to have this hard-hitting high-flyer join our team after such a strong first season at Georgia Tech where she helped lead them to an NCAA tournament appearance. We watched Mimi play in high school and knew she would be a special player. Mimi learned so much about our program from Kash [Akasha Anderson] and Isabelle Bardin who are good friends from the D.C. area.”
Welcome to West Lafayette, Lameen “Mimi” Mambu! ✍️ pic.twitter.com/JW1CDDrCRR
— Purdue Volleyball (@PurdueVB) December 28, 2025
Shondell saw Mambu up close during the 2025 season. On Sept. 3, the Boilermakers hosted Georgia Tech in the Stacey Clark Classic. The Yellow Jackets won the match 3-1, and the freshman hitter ended the evening with 10 digs and seven kills.
Georgia Tech ended the year with a 16-14 record.
Mambu will likely fill a void left by Purdue senior Akasha Anderson, who proved to be one of the top hitters last season. After transferring in from Michigan State, the senior averaged 2.911 kills per set and had a .282 hitting percentage. She only got better as the season progressed.
Mambu will join a talented and experienced roster in West Lafayette. She joins All-Big Ten selections Kenna Wollard and Grace Heaney at the pin-hitter spots. She will also be playing alongside All-Big Ten setter Taylor Anderson and All-Big Ten honorable mention libero Ryan McAleer.
Purdue closed out the 2025 season with a 27-7 record and a trip to the Regional Final round of the NCAA Tournament.
Mambu had ups and downs

As any freshman might, Mambu had some highs and lows throughout her freshman campaign. She reached a double-digit kill total in 13 of Georgia Tech’s 30 matches.
Mambu also had some off days, though. On five occasions, she ended a match with a negative hit percentage. Three of those came against Louisville, Pitt, and Purdue, all of which made deep runs into the NCAA Tournament.
Mambu is a tremendous athlete with high-flying ability and a strong arm. The biggest focus for Shondell and the Boilermakers will be to develop some consistency, but Purdue’s coaching staff has proven it can correct some of those issues.
Plus, with a full year of college volleyball now under her belt, Mambu is likely to show major improvement from her freshman to sophomore season.
Get top Boilermakers stories, expert analysis, and can’t-miss moments straight to your inbox for free by signing up for the Purdue Boilermakers on SI newsletter!
Related stories on Purdue volleyball
PURDUE FRESHMAN HITS TRANSFER PORTAL: One of Purdue’s freshmen from the 2025 recruiting class entered the NCAA transfer portal and has already found a new home. CLICK HERE
Sports
How does a Q-Collar work?
Sports
Cougars come back to win Pop-Tarts Bowl 25-21 over Georgia Tech – BYU Athletics – Official Athletics Website
Fourth Quarter
On second-and-nine, Bachmeier found Roberts in a tight window for a gain of 18. Damuni added four yards, and on third down, Roberts caught a 7-yard pass to move the chains. Bachmeier and Ryan connected for the seventh time, this time for 13 yards to pin BYU at the Yellow Jacket six-yard line. After Kingston recorded a four-yard carry, Nawahine took the direct snap and plowed into the end zone. Keeping the offense on the field to go for two, Bachmier rushed it into the end zone to cut the deficit to three.
BYU forced the game’s first three-and-out. Kingston returned the punt 34 yards to set BYU up at its 45.
Bachmeier pitched to Damuni for a gain of five on first down. The freshman running back gained one yard on the next play, but the Cougars were unable to convert on third-and-four, and Vander Haar and the punting unit returned to the field, resulting in the second three-and-out of the game.
An illegal snap penalty pushed Georgia Tech back to its four-yard line. On second-and-14, King hit Rutherford for a gain of 12, and then another illegal snap penalty was enforced on the Yellow Jackets to set up third-and-seven. Haynes got just short of the line of gain before Glasker and Tanner Wall tackled him to force a punt. Kingston returned the punt four yards and set BYU up at its own 30 with 5:44 on the clock.
Following two incomplete passes, Bachmeier found Kingston at the BYU 34, and he advanced to the 43-yard line to grab the first down. Phillips secured a 14-yard pass from Bachmeier, and then Kingston caught a 15-yard pass to cap three consecutive first downs. After an eight-yard pass to Ryan to the Georgia Tech 20, the running back room led the way, kick-started by Nawahine picking up nine yards with a hurdle over a defender. Bachmeier passed to Damuni for a gain of seven, and then the Providence, Utah product powered into the end zone for his first career touchdown. Alongside Ferrin’s extra point, the Cougars took the lead, 25-21 with two minutes left.
Ferrin’s kickoff was returned 13 yards to pin Georgia Tech at its 21. Nusi Taumoepeau and Lutui hurried King and his pass fell incomplete on first down. On the next play, King lost the ball on a low snap but recovered his fumble for a loss of five yards. On third-and-15, another pass fell incomplete, forcing fourth-and-15. On the play, King went deep to Rivers for a gain of 66 at the BYU 18 with 52 seconds on the clock. The defense held the Yellow Jackets to three-straight incomplete passes, setting up fourth down with 14 seconds remaining. King attempted to hit Haynes in the end zone but his pass was intercepted by Johnson to seal the Pop Tarts Bowl victory 25-21.
Sports
Kats take care of Biblical Studies 117-57
The Bearkats (8-4) controlled the temp on both ends of the court, shooting close to 60 percent while limiting the Ambassadors to 31 percent. Sam Houston used its height advantage to dominate the paint, outscoring Biblical Studies 62-12 and outrebounding the Houston area team 66-29.
Isaiah Manning led the Kats with a career-high 27 points to go along with 10 rebounds for his first career double-double. Freshman Jacob Walker also scored a new career high with 24 points, Veljko Illic added 16 points and nine boards, freshman Matt Dann chipped in a career-high 12 points, freshman Jacoby Coleman finished with 11 and Damon Nicholas Jr. had 10.
Sam Houston built a huge first-half lead and never looked back.
The Kats went on a 10-0 run thanks to back-to-back 3s by Walker and Manning, who added a pair of layups to grab a 23-10 advantage. Dann punched in consecutive dunks after a free throw and a two more layups by Nicholas to cap the run at 19-0 to put the game away early as the Ambassadors went more than seven minutes without scoring.
Sam Houston shot a blistering 66 percent from the field in the first half, making 25 of 40 shot attempts. The Bearkats also held Biblical Studies to just 23 percent shooting to build a commanding 59-21 lead at the break.
Conference USA action resumes Jan. 2 when Sam Houston heads to Bowling Green, Kentucky to face WKU at 4 p.m. on ESPN+.
Sports
Texas A&M star Ifenna Cos‑Okpalla signs with League One Volleyball
Dec. 28, 2025, 12:20 p.m. CT
At the end of the season, after some of the adrenaline from the Texas A&M championship run had subsided, head coach Jamie Morrison revealed that a few players on his roster would have the opportunity to compete at the next level. While he didn’t name names, we had a pretty strong idea of which standout athletes he was referring to.
On Sunday morning, it was officially announced that senior middle blocker and 2025 NCAAVB Champion Ifenna Cos-Okpalla signed a professional contract to play with League One Volleyball (LOVB) Salt Lake. She joins senior opposite Logan Lednicky in the league, who recently signed with LOVB Houston. Cos-Okpalla was also drafted by MLV but ultimately chose to pursue her career with LOVB. We knew a move was coming soon after the news broke that she had signed with Valor Sports Agency just days before this announcement.
Cos-Okpalla is one of the foundational members of this Aggie championship team, having been part of the program for all four years and choosing to stay committed when Coach Morrison arrived to take over. She elevated her game each season under his leadership, helping her reach new heights and shatter multiple program records. She will leave Texas A&M as the all-time leader in total blocks (566), the single-season block leader (199), and the program’s hitting percentage leader (.422).
It’s fair to say she will be remembered as an Aggie legend, and she now turns her focus toward new goals with a promising professional volleyball career on the horizon.
Ifenna Cos-Okpalla Career stats:
Kills: 637 / 1.70 per set
Hitting %: .372
Blocks: 565 / 1.6 per set
Aces: 41 / .12 per set
Ifenna Cos-Okpalla Career Accolades:
- 2X All-SEC Team
- 4X SEC Player of the Week
- 10X SEC Defensive Player of the Week
- AVCA All-America First Team
- 2X AVCA All-Southwest Region Team
- NCAA Championship All-Tournament Team
- NCAA Champion
Contact/Follow us @AggiesWire on X and like our page on Facebook to follow ongoing coverage of Texas A&M news, notes, and opinions. Follow Jarrett Johnson on X: @whosnextsports1.
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