v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 274,095 $ 296,566
Accounts receivable, net 13,593 14,198
Prepaid expenses 9,374 7,102
Inventories 8,563 8,231
Income taxes receivable 3,895 9,121
Interest rate hedging instruments 0 430
Other current assets 7,817 7,386
Total current assets 317,337 343,034
Property and equipment, net 349,241 350,304
Route and customer acquisition costs, net 31,581 31,147
Location contracts acquired, net 181,516 186,406
Goodwill 114,426 114,426
Other intangible assets, net 60,447 61,034
Interest rate hedging instruments, net of current 285 0
Other assets 16,411 17,042
Total assets 1,071,244 1,103,393
Current liabilities:    
Current maturities of debt 30,000 37,583
Current portion of route and customer acquisition costs payable 2,974 2,473
Accrued location gaming expense 5,170 5,516
Accrued state gaming expense 21,890 21,065
Accounts payable and other accrued expenses 43,500 51,028
Accrued compensation and related expenses 9,994 9,946
Current portion of consideration payable 3,645 3,881
Total current liabilities 117,173 131,492
Debt, net of current maturities 550,561 569,837
Route and customer acquisition costs payable, less current portion 10,077 10,232
Consideration payable, less current portion 16,956 15,790
Contingent earnout share liability 32,201 33,676
Other long-term liabilities 8,543 9,373
Deferred income tax liability, net 59,394 59,230
Total liabilities 794,905 829,630
Temporary equity - Redeemable noncontrolling interest 4,070 4,080
Stockholders’ equity:    
Preferred Stock, par value of $0.0001; 1,000,000 shares authorized; 0 shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Additional paid-in capital 229,256 229,028
Treasury stock, at cost (158,014) (145,747)
Accumulated other comprehensive income 140 188
Accumulated earnings 200,879 186,206
Total stockholders' equity 272,269 269,683
Total liabilities, temporary equity, and stockholders' equity 1,071,244 1,103,393
Class A-1 Common Stock    
Stockholders’ equity:    
Class A-1 Common Stock, par value $0.0001; 250,000,000 shares authorized; 96,621,766 shares issued and 81,575,213 shares outstanding at March 31, 2026; 96,250,980 shares issued and 82,287,349 shares outstanding at December 31, 2025 $ 8 $ 8