Company: RSI
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001793659-25-000193
Chunk: 28

Company: Rush Street Interactive, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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)GrossCarryingAmountAccumulatedAmortizationNetLicense FeesSeptember 30, 20256.08$51,628 $(24,173)$27,455December 31, 20246.85$52,933 $(22,491)$30,442Internally Developed SoftwareSeptember 30, 20252.08$89,538 $(46,910)$42,628December 31, 20242.19$68,291 $(29,346)$38,945Developed TechnologySeptember 30, 20254.12$6,381 $(2,865)$3,516December 31, 20244.89$6,381 $(2,224)$4,157Other Intangible Assets(1)September 30, 20251.65$9,613 $(5,630)$3,983December 31, 20242.08$7,373 $(3,570)$3,803_____________________________(1)Other intangible assets include trademarks, media content, customer lists and software licenses.Amortization expense was $9.2 million and $26.5 million for the three and nine months ended September 30, 2025, respectively, compared to amortization expense of $7.5 million and $20.3 million for the same respective periods in 2024.

F-12

Table of ContentsRUSH STREET INTERACTIVE, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

5.    Property and Equipment, net

The Company had the following property and equipment, net as of September 30, 2025 and December 31, 2024:($ in thousands)September 30,2025December 31, 2024Computers, software and related equipment$5,083 $4,427 Operating equipment and servers3,250 3,231 Furniture1,330 1,143 Leasehold improvements1,844 1,797 Property and equipment not yet placed into service199 199 Total property and equipment11,706 10,797 Less: accumulated depreciation(9,065)(7,732)2,641 3,065 Finance lease right-of-use assets10,527 7,041 Less: accumulated amortization(4,642)(2,867)5,885 4,174 Property and