Company: RSI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001793659-25-000111
Chunk: 11

Company: Rush Street Interactive, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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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)

March 31,2025December 31,2024(Unaudited)ASSETSCurrent assetsCash and cash equivalents$228,218 $229,171 Restricted cash3,792 3,585 Players’ receivables16,466 14,910 Due from affiliates21,042 18,211 Prepaid expenses and other current assets18,093 19,169 Total current assets287,611 285,046 Intangible assets, net78,169 77,347 Property and equipment, net9,535 7,239 Operating lease assets2,381 2,419 Other assets9,321 7,415 Total assets$387,017 $379,466 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$22,570 $25,798 Accrued expenses68,622 72,702 Players’ liabilities42,415 43,703 Other current liabilities39,479 20,927 Total current liabilities173,086 163,130 Non-current liabilities18,570 18,020 Total liabilities191,656 181,150 Commitments and contingencies (Note 13)Stockholders’ equityClass A common stock, $0.0001 par value, 750,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 95,509,061 and 90,511,441 shares issued as of March 31, 2025 and December 31, 2024, respectively;  95,010,439 and 90,511,441 shares outstanding as of March 31, 2025 and December 31, 2024, respectively9 9 Class V common stock, $0.0001 par value, 200,000,000 shares authorized as of March 31, 2025 and December 31, 2024; 133,434,736 and 135,748,023 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively13 13 Treasury stock, at cost; 498,622 and nil shares as of March 31