Company: SKLZ
Filing Date: 2025-11-06
Form Type: 10-K
Source: 0001801661-25-000050
Chunk: 165

Company: Skillz Inc.
Filing Date: 2025-11-06
Form: 10-K
Item: Item 8
Chunk 165
---
— 2,016 Total Revenue$82,442 $10,876 $(453)$92,865 United States$77,032 $2,622 $(453)$79,201 Israel813 2,060 2,873 Malta9 2,491 2,500 China2,154 59 2,213 Hong Kong725 541 1,266 Cyprus11 962 973 Other Countries1,698 2,141 3,839 Total Revenue$82,442 $10,876 $(453)$92,865 

87

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

Year Ended December 31, 2023SkillzAarkiEliminationConsolidatedRevenue From Customers:Entry Fee Revenue$134,526 $— $— $134,526 Advertising Revenue— 13,233 (364)12,869 Other Revenue:Maintenance Fee Revenue4,684 — — 4,684 Total Revenue$139,210 $13,233 $(364)$152,079 United States$129,834 $4,010 $(364)$133,480 Israel2,011 2,469 4,480 China3,198 35 3,233 Malta23 3,057 3,080 Other Countries4,144 3,662 — 7,806 Total Revenue$139,210 $13,233 $(364)$152,079 Revenue from Entry FeesThe Company generates substantially all its revenues through its competition-based Skillz segment by providing a service to game developers for monetization of their game content. The monetization service provided by Skillz allows developers to offer multi-player competition to their end-users for the purpose of end-user retention and engagement. Skillz provides developers with a software development kit (“SDK”) they can download and integrate with their existing games. The SDK serves as a data interface between Skillz and the game developers that enables Skillz to provide monetization services to the developer.The Company applies the five-step model to achieve the core principle of ASC 606. The Company determined that its customer in the provision of its technology platform and services is the game developer. The Company’s ordinary activities consist of providing game developers services through access to its technology