Company: RSI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001793659-25-000047
Chunk: 51

Company: Rush Street Interactive, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 15
Chunk 51
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1)Other intangible assets include trademark, media content, customer lists and software licenses.The Company recorded amortization expense on intangible assets of $28.3 million, $24.7 million and $11.6 million for the years ended December 31, 2024, 2023 and 2022, respectively.At December 31, 2024, estimated future amortization of intangible assets is as follows:($ in thousands)Year ending December 31, 2025$28,105 Year ending December 31, 202620,378 Year ending December 31, 202711,374 Year ending December 31, 20285,005 Year ending December 31, 20294,574 Thereafter7,911 Total$77,347 

F-24

Table of ContentsRUSH STREET INTERACTIVE, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

5.    Property and Equipment, Net

As set forth in the table below, property and equipment, net as of December 31, 2024 and 2023 are $7.2 million and $8.6 million, respectively. The balances as of December 31, 2024 and 2023 also include finance lease right-of-use assets, net. The balances consist of the following:December 31,($ in thousands)20242023Computers, software and related equipment$4,427 $4,259 Operating equipment and servers3,231 4,779 Furniture1,143 782 Leasehold improvements1,797 1,805 Property and equipment not yet placed into service199 610 Total property and equipment10,797 12,235 Less: accumulated depreciation(7,732)(7,641)3,065 4,594 Finance lease right-of-use assets7,041 5,519 Less: accumulated amortization(2,867)(1,502)4,174 4,017 Property and equipment, net$7,239 $8,611 

The Company recorded depreciation expense on property and equipment of $2.1 million, $3.8 million and $2.1 million for the years ended December 31, 2024, 2023 and 2022, respectively. The Company recorded amortization expense on finance lease right-of-use assets of $1.8 million, $1.3 million and