Company: LAWIL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000750004-25-000048
Chunk: 37

Company: Light & Wonder, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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)Loss on debt financing transactions(1)(1)Other income, net(2)(2)Stock-based compensation(59)(59)Net income before income taxes$228 Capital expenditures for the six months ended June 30, 2025$111 $10 $10 $131 $8 $139 (1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.(2) Excludes D&A.(3) Excludes stock-based compensation.(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance, and other operating expenses.(5) AEBITDA is described in footnote (5) to the first table in this Note 3.

16

Six Months Ended June 30, 2024GamingSciPlayiGamingTotal Reportable SegmentsUnallocated and Reconciling Items(1)TotalTotal revenue$1,016 $411 $148 $1,575 $— $1,575 Cost of revenue(2)(293)(117)(46)(456)— (456)Payroll and related(3)(157)(51)(37)(245)— (245)Other segment reconciling items(4)(62)(111)(17)(190)(74)(264)AEBITDA(5)504 132 48 684 (74)610 Reconciling items to net income before income taxes:Restructuring and other(1)— (2)(3)(37)(40)D&A(173)(173)Interest expense(150)(150)Other income, net14 14 Stock-based compensation(53)(53)Net income before income taxes$208 Capital expenditures for the six months ended June 30, 2024$126 $8 $13 $147 $6 $153 (1) Includes amounts not allocated to the reportable segments (including corporate costs) and items to reconcile the total reportable segments AEBITDA to our consolidated net income before income taxes.(2) Excludes D&A.(3) Excludes stock-based compensation.(4) Primarily represents various other non-payroll related operating expenses, including but not limited to, professional and legal services, marketing, facilities and operating leases, maintenance, and other operating