Company: RSI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001793659-25-000111
Chunk: 24

Company: Rush Street Interactive, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 and Other Liabilities

The Company has the following accrued expenses as of March 31, 2025 and December 31, 2024:($ in thousands)March 31,2025December 31,2024Accrued compensation and related expenses$11,067 $17,218 Accrued operating expenses34,332 32,427 Accrued marketing expenses17,836 17,959 Accrued administrative expenses4,531 4,319 Accrued other expenses856 779 Total accrued expenses$68,622 $72,702 The Company has the following other current and non-current liabilities as of March 31, 2025 and December 31, 2024:CurrentNon-Current($ in thousands)March 31,2025December 31,2024March 31,2025December 31,2024Income tax payable$19,374 $15,009 $— $— Value-added tax payable5,423 — — — License fees payable2,380 — — — Deferred royalty liabilities1,844 1,814 10,112 10,581 Finance lease liabilities1,324 1,296 2,703 1,297 Operating lease liabilities665 673 1,347 1,370 Other8,469 2,135 4,408 4,772 Total other current and non-current liabilities$39,479 $20,927 $18,570 $18,020 

7.    Stockholders’ Equity

Non-Controlling Interests Non-controlling interests represents the RSILP Units held by holders other than the Company. Non-controlling interests owned 58.41% and 60.00% of the RSILP Units outstanding as of March 31, 2025 and December 31, 2024, respectively. The table below illustrates a rollforward of the non-controlling interests’ ownership during the three months ended March 31, 2025:Non-Controlling Interest %Non-controlling interests ownership % as of December 31, 2024:60.00 %Issuance of Class A Common Stock upon RSILP Unit Exchanges(1.01)%Issuance of Class A Common Stock under the equity compensation plan, net of shares withheld for employee taxes(0.71)%Repurchases of Class A Common