Company: RSI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001793659-25-000168
Chunk: 14

Company: Rush Street Interactive, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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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)

June 30,2025December 31,2024(Unaudited)ASSETSCurrent assetsCash and cash equivalents$240,592 $229,171 Restricted cash1,360 3,585 Players’ receivables20,789 14,910 Due from affiliates16,311 18,211 Prepaid expenses and other current assets22,034 19,169 Total current assets301,086 285,046 Intangible assets, net77,858 77,347 Property and equipment, net9,024 7,239 Operating lease assets2,678 2,419 Deferred tax assets, net145,388 522 Other assets6,987 6,893 Total assets$543,021 $379,466 LIABILITIES AND STOCKHOLDERS’ EQUITYCurrent liabilitiesAccounts payable$26,839 $25,798 Accrued expenses68,426 72,702 Players’ liabilities41,421 43,703 Other current liabilities24,474 20,927 Total current liabilities161,160 163,130 Tax receivable agreement liability, non-current112,707 739 Other non-current liabilities16,913 17,281 Total liabilities290,780 181,150 Commitments and contingencies (Note 13)Stockholders’ equityClass A common stock, $0.0001 par value, 750,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 96,002,368 and 90,511,441 shares issued as of June 30, 2025 and December 31, 2024, respectively;  95,269,349 and 90,511,441 shares outstanding as of June 30, 2025 and December 31, 2024, respectively9 9 Class V common stock, $0.0001 par value, 200,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 133,224,736 and 135,748,023 shares issued and outstanding as of June 30, 2025 and December 31, 202