v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 296,566 $ 281,305
Accounts receivable, net 14,198 10,550
Prepaid expenses 7,102 8,950
Inventories 8,231 8,122
Income taxes receivable 9,121 1,632
Interest rate caplets 430 6,342
Other current assets 7,386 9,251
Total current assets 343,034 326,152
Property and equipment, net 350,304 307,997
Noncurrent assets:    
Route and customer acquisition costs, net 31,147 23,258
Location contracts acquired, net 186,406 202,618
Goodwill 114,426 116,252
Other intangible assets, net 61,034 53,940
Interest rate caplets, net of current 0 479
Other assets 17,042 17,702
Total noncurrent assets 410,055 414,249
Total assets 1,103,393 1,048,398
Current liabilities:    
Current maturities of debt 37,583 34,443
Current portion of route and customer acquisition costs payable 2,473 2,197
Accrued location gaming expense 5,516 4,734
Accrued state gaming expense 21,065 19,802
Accounts payable and other accrued expenses 51,028 41,944
Accrued compensation and related expenses 9,946 12,117
Current portion of consideration payable 3,881 3,116
Total current liabilities 131,492 118,353
Long-term liabilities:    
Debt, net of current maturities 569,837 560,936
Route and customer acquisition costs payable, less current portion 10,232 7,160
Consideration payable, less current portion 15,790 14,596
Contingent earnout share liability 33,676 33,103
Other long-term liabilities 9,373 7,571
Deferred income tax liability, net 59,230 47,372
Total long-term liabilities 698,138 670,738
Temporary equity - Redeemable noncontrolling interest 4,080 4,278
Stockholders’ equity:    
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2025 and December 31, 2024 0 0
Additional paid-in capital 229,028 221,625
Treasury stock, at cost (145,747) (105,485)
Accumulated other comprehensive income 188 4,145
Accumulated earnings 186,206 134,736
Total stockholders' equity 269,683 255,029
Total liabilities, temporary equity, and stockholders' equity 1,103,393 1,048,398
Class A-1 Common Stock    
Stockholders’ equity:    
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 96,250,980 shares issued and 82,287,349 shares outstanding at December 31, 2025; 95,865,026 shares issued and 85,670,255 shares outstanding at December 31, 2024 $ 8 $ 8