Company: RSI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001793659-25-000047
Chunk: 66

Company: Rush Street Interactive, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 15
Chunk 66
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.03 $(0.27)$(0.61)Earnings (loss) per Class A Common Share - diluted$0.03 $(0.27)$(0.61)(1)In periods of Net loss, assumed conversion of stock-based awards are anti-dilutive and therefore excluded from the diluted loss per share calculation. Assumed conversion of RSILP units are anti-dilutive and therefore excluded from the diluted earnings (loss) per share calculation in each period.Shares of the Class V Common Stock do not participate in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings per share of Class V common stock under the two-class method has not been presented.The Company excluded the following securities from its computation of diluted shares outstanding, as their effect would have been anti-dilutive:December 31,202420232022RSILP Units(1)143,091,720 150,434,310 155,955,584 Unvested RSUs998,448 9,218,142 7,492,613 Vested RSUs(2)— 1,104,629 636,917 Outstanding Stock Options727,724 1,971,611 887,166 (1)RSILP Units that are held by non-controlling interest holders and may be exchanged, subject to certain restrictions, for Class A Common Stock. Upon exchange of an RSILP Unit, a share of Class V Common Stock is cancelled. (2)RSUs that vested but the resulting shares of Class A Common Stock have not yet been issued.

11.    Segment Reporting

An operating segment is a component of an entity that: (i) engages in business activities from which it may earn revenues and incur expenses; (ii) has discrete financial information available; and (iii) is regularly reviewed by the entity’s CODM for purposes of performance assessment and resource allocation.The Company’s CODM is its chief executive officer. The Company manages its operations as a single operating segment that engages in online gaming and retail sports betting business activities. The Company derives its revenues from its gaming offerings such as real-money online casino, online sports betting and retail sports betting (i.e., sports betting 

F-35

Table of ContentsRUSH STREET INTERACTIVE, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

services provided at bricks-and-mortar locations), as well as social gaming, which