v3.25.4
Software Development Costs, net
12 Months Ended
Dec. 31, 2025
Research and Development [Abstract]  
Software Development Costs, net

7. Software Development Costs, net

 

Software development costs, net consisted of the following:

 

   December 31, 2025   December 31, 2024 
   (in millions) 
Software development costs  $220.6   $154.8 
Less: accumulated amortization   (197.9)   (132.4)
Software development costs, net  $22.7   $22.4 

 

During the years ended December 31, 2025 and 2024, the Company capitalized $9.9 million and $12.0 million of software development costs, respectively. The total amount of software costs amortized was $11.5 million and $10.7 million for the years ended December 31, 2025 and 2024, respectively.

 

 

INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

AS OF AND FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

 

The estimated software amortization expense for the years ending December 31, excluding costs that are yet to commence amortization, is as follows:

 

Year ending December 31, (in millions)      
2026   $ 9.9  
2027     6.3  
2028     2.9  
2029     0.8  
2030     0.1  
Thereafter     0.2  
Total   $ 20.2