Company: RSI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001793659-25-000193
Chunk: 12

Company: Rush Street Interactive, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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Item 1.    Financial Statements

RUSH STREET INTERACTIVE, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Amounts in thousands except for share and per share data)

September 30,2025December 31,2024(Unaudited)ASSETSCurrent assetsCash and cash equivalents$273,495 $229,171 Restricted cash4,058 3,585 Players’ receivables21,888 14,910 Due from affiliates17,407 18,211 Prepaid expenses and other current assets27,347 19,169 Total current assets344,195 285,046 Intangible assets, net77,582 77,347 Property and equipment, net8,526 7,239 Operating lease assets2,436 2,419 Deferred tax assets, net153,601 522 Other assets6,825 6,893 Total assets$593,165 $379,466 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$26,863 $25,798 Accrued expenses78,176 72,702 Players’ liabilities48,709 43,703 Other current liabilities26,152 20,927 Total current liabilities179,900 163,130 Tax receivable agreement liability, non-current122,904 739 Other non-current liabilities15,996 17,281 Total liabilities318,800 181,150 Commitments and contingencies (Note 13)Stockholders’ equityClass A common stock, $0.0001 par value, 750,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 97,795,455 and 90,511,441 shares issued as of September 30, 2025 and December 31, 2024, respectively;  97,062,436 and 90,511,441 shares outstanding as of September 30, 2025 and December 31, 2024, respectively10 9 Class V common stock, $0.0001 par value, 200,000,000 shares authorized as of September 30, 2025 and December 31, 2024; 131,570,831 and 135,748,023 shares issued and outstanding as of September 30, 2025 and December 31, 202