Company: SKLZ
Filing Date: 2025-12-11
Form Type: 10-Q
Source: 0001801661-25-000071
Chunk: 32

Company: Skillz Inc.
Filing Date: 2025-12-11
Form: 10-Q
Item: Item 1
Chunk 32
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 assets consisted of the following as of June 30, 2025 and December 31, 2024:June 30,December 31,20252024Credit card processing reserve$1,000 $1,000 Prepaid expenses5,693 5,949 Other current assets858 10,393 Prepaid expenses and other current assets$7,551 $17,342 

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TABLE OF CONTENTSSKILLZ INC.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited, amounts in tables are in thousands, unless otherwise noted)

Property and Equipment, netProperty and equipment consisted of the following as of June 30, 2025 and December 31, 2024:June 30,December 31,20252024Land$980 $980 Building12,681 12,590 Capitalized internal-use software9,605 9,128 Computer equipment and servers2,405 1,797 Furniture and fixtures371 363 Leasehold improvements122 122 Construction in progress4,445 2,507 Total property and equipment30,609 27,487 Accumulated depreciation and amortization(11,562)(11,205)Property and equipment, net$19,047 $16,282 Property and equipment, net by geography was as follows:June 30,December 31,20252024United States$18,651 $15,909 Other Countries396373 Total$19,047 $16,282 Other Current LiabilitiesOther current liabilities consisted of the following as of June 30, 2025 and December 31, 2024:June 30,December 31,20252024Accrued legal expenses$13,553 $15,244 Indirect tax liabilities15,360 14,932 End-user liability, net6,406 6,900 Accrued compensation4,797 2,592 Accrued publisher fees4,704 2,527 Accrued operating expenses4,147 7,933 Accrued sales and marketing expenses1,203 1,832 Accrued developer revenue share980 862 Accrued interest expenses554 554 Other350 724 Short-term lease obligations75 464 Other current liabilities$52,129 $54,564 

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TABLE OF