Company: RSI
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001793659-25-000168
Chunk: 38

Company: Rush Street Interactive, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 restricted stock units(1)6,163,100 — 6,272,617 — Weighted-average common shares outstanding – diluted234,511,309 80,049,123 234,405,833 78,038,275 Earnings (loss) per Class A Common Share - basic$0.18 $(0.00)$0.23 $(0.01)Earnings (loss) per Class A Common Share - diluted$0.12 $(0.00)$0.17 $(0.01)(1) In periods of Net loss, assumed conversion of stock-based awards and RSILP units are anti-dilutive and therefore excluded from the diluted loss per share calculation.The Class V Common Stock does not participate in the Company’s earnings or losses and is therefore not a participating security. 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.

F-20

Table of ContentsRUSH STREET INTERACTIVE, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)

The Company excluded the following securities from its computation of diluted shares outstanding for the three and six months ended June 30, 2025 and 2024 as their effect would have been anti-dilutive:Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024RSILP Units(1)— 144,904,310 — 144,904,310 Unvested RSUs569,252 10,281,537 1,101,085 10,281,537 Vested RSUs(2)— 549,039 — 549,039 Outstanding Stock Options441,218 2,602,508 441,218 2,602,508 _____________________________________(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)